REGULATION
Cryptocurrencies are not issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
Illinois Crypto Tax in FY2027 Budget Awaits Governor's Approval
Illinois' FY2027 budget includes a 0.2% crypto tax, potentially generating $60M annually, but faces criticism from industry groups.
House GOP Pushes Prediction Market Restrictions for Lawmakers
House Republicans propose legislation limiting lawmakers' use of prediction markets, adding to a broader stock trading ban debate.
South Korea Investigates Polymarket Users for Illegal Gambling
South Korean police probe Polymarket users for alleged illegal gambling, marking the first enforcement action against decentralized prediction markets in the country.
HKMA and SFC Finalize OTC Derivatives Clearing Rule Changes
HKMA and SFC conclude OTC derivatives Clearing Rules consultation, aiming to streamline compliance with new amendments effective March 2027.
SEC's Hester Peirce Defends Open-Source Blockchain Developers
SEC Commissioner Hester Peirce advocates against applying securities rules to blockchain developers, emphasizing decentralization and free speech.
Bitcoin ETF Ownership Drops as Hedge Funds Sell, Banks Add
Hedge funds slashed Bitcoin ETF holdings by 39% in Q1 2026, while banks doubled exposure. BTC price volatility and regulatory shifts shape the market.
Why Regulated Stablecoins Are Key for Institutions in 2026
Institutions need regulated stablecoins for compliance, risk management, and operational certainty. GENIUS Act and MiCA set the rules.
US Democrats Seek FTC Probe Into Prediction Markets
Nine House Democrats urge FTC to investigate prediction markets like Kalshi and Polymarket for alleged deceptive practices and regulatory evasion.
Israel’s Crypto Tax Amnesty Falls Short, Only $50M Reported
Israel's crypto tax amnesty program, targeting up to $1B in disclosures, has drawn only $50M so far, raising compliance concerns ahead of the August deadline.
FCA Warns Premier League Clubs Against Risky Crypto Deals
FCA cautions Premier League clubs against sponsorships with unauthorized crypto firms, citing legal and AML risks, as crypto marketing faces tougher scrutiny.
UK Lords Push BoE to Ease GBP Stablecoin Rules
The UK House of Lords warns strict BoE stablecoin rules risk stifling GBP-pegged token innovation. Recommendations prioritize viability and competitiveness.
Lawmakers Oppose Labor Dept’s Crypto 401(k) Plan
Top Democrats urge the Labor Department to halt a proposed rule allowing crypto in 401(k) plans, citing volatility and lack of investor protections.
CFTC Chair Seeks to Overturn Gemini's $5M Settlement Amid Bias Claims
CFTC Chair Michael Selig moves to reverse Gemini's $5M penalty, alleging political targeting by the Biden administration. Here's what it means for crypto regulation.
Georgia Targets Illegal Bitcoin Mining Amid $9.5M Losses
Georgia is cracking down on illegal Bitcoin mining in Mestia, citing $9.5M in annual energy losses. Enforcement includes mass meter installation.
Binance Expands UAE Crypto Access With Direct AED Transfers
Binance introduces direct AED transfers in the UAE, leveraging VARA and ADGM licensing to expand regulated crypto access.
