The US Securities and Exchange Commission has sued Mining Automatic and its founder, Zan Shaikh, alleging that the crypto mining investment business raised $22 million while directing only a small share of investor money toward actual mining operations. According to…
Is UK crypto banking facing a new Parliament inquiry?
U.K. politicians have launched a cross-party inquiry into UK crypto banking as concerns grow over how banks treat crypto businesses and related payments. The review is being led by the Crypto and Digital Assets All-Party Parliamentary Group, which said some…
Will Korea CBDC pilot start with nine banks in September?
The Bank of Korea is preparing to move its Korea CBDC initiative into a broader second phase that could begin as early as September 2026. The next stage of Project Hangang is expected to expand participation from seven banks to…
Brazil tokenization rules face a 60-day draft deadline
Brazil tokenization policy is moving into a new regulatory phase after the Comissão de Valores Mobiliários created a working group to prepare an experimental framework for tokenized securities. The CVM said the proposal will examine registration, custody, trading and settlement…
GENIUS Act stablecoin rules remain pending after deadline
US regulators missed the one-year deadline to complete final implementing rules under the GENIUS Act, despite publishing proposals and collecting public feedback during the previous year. The law, signed by President Donald Trump on July 18, 2025, established the first…
CLARITY Act faces new Senate setback after Trump push
The CLARITY Act is facing a more difficult path through Washington after President Donald Trump’s latest effort failed to produce a Senate breakthrough. The crypto market structure bill had gained momentum after passing the House and advancing through the Senate…
Will Upbit sanctions advance after South Korea hack probe?
South Korea’s financial regulator has moved the Upbit sanctions case into a formal review following the exchange’s $36 million hack in November 2025. Yonhap News reported that the Financial Supervisory Service sent an inspection opinion letter to Dunamu, the company…
Crypto malware targets investors through GitHub apps
Kaspersky said a newly identified crypto malware framework is targeting cryptocurrency investors through social engineering and trojanized GitHub applications. The cybersecurity company identified the framework as OkoBot and said its infection chain can begin with ClickFix tactics that persuade users…
Are Brazil stablecoins reshaping trade and payments?
Brazil stablecoins are drawing renewed attention as a U.S. trade dispute with Brazil expands into the country’s payment system. Washington is preparing a 25% tariff on most Brazilian goods under a revived Section 301 strategy, and the case is unusual…
France orders Polymarket block for online access now
France has moved ahead with a Polymarket block after the country’s gambling regulator instructed internet service providers to restrict access to the platform. The Autorité nationale des jeux said prediction websites fall under illegal gambling rules and that Polymarket does…