The latest UK crypto sanctions target three cryptocurrency exchanges and two payment processors that authorities say helped Russian entities move money despite financial restrictions. The UK Foreign, Commonwealth & Development Office announced the measures on Thursday, saying three of the…
France crypto tax proposal targets stablecoin swaps in 2027
France crypto tax proposals moved forward this week after the National Assembly Finance Committee approved measures covering stablecoin swaps, crypto losses and unrealized gains tied to some departures from the country. One amendment would treat conversions into fiat-pegged stablecoins as…
Will Thailand Crypto ETFs Be Allowed From October 16?
Thailand crypto ETFs are set to become a new regulated investment option after the country’s Securities and Exchange Commission issued rules for local asset managers. The framework takes effect on Oct. 16 and allows exchange-traded funds tied to bitcoin or…
How does Russia crypto law affect first approved firms?
Russia crypto law moved into a new stage after the country registered its first cryptocurrency exchange operators and digital custodians under rules that took effect on Sept. 1. The Bank of Russia published the first official registers on Tuesday, showing…
How Does Coinbase Deribit Integration Open US Access?
The Coinbase Deribit integration creates a regulated path for eligible US customers to reach global crypto derivatives liquidity that has often been out of reach. Coinbase said the move combines its international derivatives business with Deribit while routing access through…
Wells Fargo weighs Payward for crypto trading liquidity
Wells Fargo is discussing a possible arrangement with Payward, the parent company of crypto exchange Kraken, that would support trading in digital assets. According to two people with direct knowledge of the matter, the potential deal would have Wyoming-based Payward…
Could SEC Changes Make Crypto Custody Easier for Advisers?
The SEC has proposed changes to crypto custody rules that could remove a barrier for some investment advisers offering digital asset investments to clients. Published on Thursday, the proposal would let advisers hold clients’ crypto assets themselves when no eligible…
Why Are Community Banks Pursuing the OCC Lawsuit Now?
A new OCC lawsuit from the Independent Community Bankers of America challenges how the Office of the Comptroller of the Currency has handled limited national trust bank charters for cryptocurrency firms. Filed Friday in the US District Court for the…
Can NEAR Intents Cover Losses After the $3.8M Exploit?
NEAR Intents said a security breach caused $3.8 million in user fund losses after a bug affected its deposit and withdrawal setup. In a Thursday X post, the cross-chain protocol said the issue came from a bug in the Omni…
Will UK Crypto Rules Reshape Licensing by February 2027?
The United Kingdom has opened a key application period for digital asset companies as UK crypto rules move closer to full implementation. The Financial Conduct Authority opened its authorization gateway on Wednesday, giving firms five months to apply if they…