South Korea cybersecurity plans are moving toward tighter oversight after earlier security incidents affected banks, crypto firms and other financial companies. The Financial Services Commission said it wants stronger threat monitoring, more frequent security assessments and clearer executive accountability following…
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Will Russia crypto ban end direct P2P trades in 2027?
The Russia crypto ban is set to change how individuals trade digital assets in the country. Updated guidance from the Bank of Russia says direct peer-to-peer cryptocurrency transactions between individuals will remain allowed only until July 1, 2027. After that…
How Did Polygon Payments Expand Across 48 US States?
Polygon payments moved further into regulated US operations after Polygon Labs completed its acquisition of Coinme. The transaction gives the company a way to convert dollars into digital assets and back through its stablecoin payments platform across 48 US states.…
What does the OCC report say about crypto debanking?
A new report from the US Office of the Comptroller of the Currency placed crypto debanking among the activities that influenced some banks to limit financial services. Released Wednesday, the report said certain banks used public and nonpublic policies to…
How Is the Ledger CryptoBilis $93M Theft Being Traced?
The Ledger CryptoBilis case remains under investigation after blockchain analytics firms linked a large theft to Ledger devices sold by the authorized reseller CryptoBilis. Public blockchain estimates put the amount traced at as much as $93.2 million, while another research…
Can CFTC Event Contracts Limit State Gambling Claims?
The CFTC has put forward two new proposals that could reshape how CFTC event contracts are treated under federal law. One measure would clarify that event contracts tied to sports, politics, cultural events, and weather fall within the definition of…
Could CFTC Classify Event Contracts as Regulated Swaps?
The U.S. Commodity Futures Trading Commission is taking formal steps to strengthen its authority over event contracts as a legal fight with several states continues. On Friday, the agency issued one rule that takes effect immediately and proposed another that…
Will Samsung Wallet Add USDC Transfers on Solana in US?
Samsung Wallet is set to add cross-border USDC transfers on Solana for U.S. users from the last week of October, according to the Solana Foundation. The feature will also extend to Samsung Pay and will be available on 82 million…
How Do UK Crypto Sanctions Target Russian Fund Flows?
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…
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…