Regulation news

21:56 Regulation

House Committee Advances Bill to Revise US Crypto Tax Rules

House panel advances bill to rewrite parts of US crypto tax rules The House Ways and Means Committee approved the Digital Asset Tax Certainty Act and sent it to the full House, advancing a proposal to exempt qualifying crypto network or transaction fees of $10 or less from gain-or-loss calculations, simplify taxes for qualifying dollar stablecoins, and treat mining and staking rewards as ordinary income. The bill would also apply wash-sale rules to traded digital assets and let some taxpayers fix past returns through a disclosure program.

19:56 Regulation

Argentina Commits to OECD Crypto Reporting Regime With Data Sharing Due by 2029

Argentina to start sharing crypto account data under OECD CARF by 2029 Argentina has signed on to the OECD’s Crypto-Asset Reporting Framework and committed to begin automatic cross-border sharing of crypto transaction data by September 2029. The move does not create a new crypto tax, but it can widen reporting to Argentina’s tax agency, including for Argentine tax residents using qualifying exchanges abroad; the OECD said the sign-up brings total CARF participants to 77.

14:13 Regulation

US House Committees Review Crypto Tax Changes and Strategic Bitcoin Reserve Bill

US House committees begin work on crypto tax bill and Bitcoin reserve Two House panels have opened markup on crypto legislation: Ways and Means is reviewing the Digital Asset Tax Certainty Act to change tax treatment for small crypto rewards, US dollar stablecoin transactions, gains and losses on major tokens, and transfers under crypto lending agreements, while Financial Services is considering the American Reserve Modernization Act to create a Treasury-run Strategic Bitcoin Reserve and require regular disclosure of government-held Bitcoin. Both measures still need approval from the full House, Senate, and president to become law.

12:43 Regulation

Bulgaria enacts crypto tax reporting law to align with EU DAC8 rules

Bulgaria adopts EU-style crypto tax reporting rules Bulgaria has amended its Tax and Social Security Procedure Code to require crypto service providers to register with the National Revenue Agency and report customer identity and transaction data, including purchases, sales, transfers, exchanges and fiat flows. The rules apply from Jan. 1, 2026, with first annual filings due by June 30, 2027, as Sofia moves late to implement the EU’s DAC8 crypto tax transparency regime.

11:12 Regulation

Malaysia’s Regulated Crypto Trading Reached RM17.14 Billion in 2025, Fitch Says

Malaysia’s regulated crypto trading rose 23% to RM17.14 billion in 2025 Trading on Malaysia’s licensed digital-asset exchanges reached RM17.14 billion ($4 billion) in 2025, up 23% from RM13.93 billion a year earlier, as Fitch said the country’s regulatory regime and Shariah framework give crypto a clearer path into Islamic finance than in some other markets. Securities Commission Malaysia had 10 regulated digital-asset operators across exchanges, custody and offering platforms by mid-2026.

10:18 Regulation

UK Banks Maintain Crypto Payment Limits Ahead of FCA Authorization Launch

UK banks keep crypto payment curbs despite FCA’s new licensing gateway UK banks will be able to keep blocking or capping payments to crypto exchanges even after the FCA opens applications for its new crypto authorization regime on Sept. 30. The framework, which covers stablecoin issuance, trading platforms, custody, dealing, arranging and staking, runs from Sept. 30, 2026 to Feb. 28, 2027, but does not require retail banks to process exchange payments; industry data suggests about 40% of UK bank-to-exchange transfers are already blocked or delayed.

09:44 Regulation

Japan FSA puts blockchain finance at the core of its 2026 policy agenda

Japan FSA makes on-chain finance a 2026 policy priority Japan’s Financial Services Agency has put blockchain-based on-chain finance at the center of its 2026 agenda, targeting payments, securities settlement, tokenization and cross-border transfers. The regulator plans an “On-chain Finance Forum for the AI Era” to examine technical and regulatory issues, while pushing public- and private-sector testing with a focus on user protection and financial system stability.

09:41 Regulation

Spain’s CNMV Chief Says EU DLT Rules Are Too Restrictive for Tokenized Securities

Spain’s CNMV chief urges EU to loosen DLT rules for tokenized securities Carlos San Basilio, president of Spain’s securities regulator CNMV, said the EU’s DLT framework is too restrictive and should raise or scrap its €6 billion cap on tokenized instruments, arguing it prioritizes testing over growth. Speaking at El Confidencial’s Digital Assets Forum, he said only five firms are registered under the regime. The European Commission has proposed lifting the ceiling to €100 billion.

09:11 Regulation

ECB invites online merchants to join 2027 digital euro pilot

ECB opens applications for 2027 digital euro merchant pilot The European Central Bank is inviting euro-area online and mobile merchants to join a 12-month pilot of beta digital euro payments starting in the second half of 2027, with applications open until Oct. 27. The test will examine checkout integration, user experience, technical performance and operations; the beta will mirror the draft legislation design but will not have legal tender status, and merchant feedback will feed into the ECB’s final design decisions.

03:41 Regulation

U.S. Seeks Forfeiture of $61M in USDT Allegedly Tied to Iranian Oil Sales

U.S. seeks forfeiture of $61M in USDT tied to alleged Iranian oil sales Federal prosecutors in Manhattan filed a civil complaint on Sept. 14 seeking to seize about $61 million in USDT across 10 TRON addresses, alleging the funds came from sanctioned Iranian oil sales and were meant to support the Iranian government and the IRGC. The filing ties the wallets to a broader network accused of laundering more than $1.5 billion, and says Tether would burn the targeted tokens and reissue them for transfer to U.S. custody if forfeiture is granted.

21:10 Regulation

Crypto Stocks Fall After Senate Fails to Advance CLARITY Act

Crypto-linked stocks slide after Senate stalls CLARITY Act Crypto-linked equities sold off Tuesday after the US Senate failed to advance the CLARITY Act, a market-structure bill for digital assets. Circle and Coinbase each fell about 10%, American Bitcoin dropped around 8%, Strategy and Strive about 5%, while miners including Riot, CleanSpark, Hut 8 and IREN also declined. The cloture motion fell short of the 60 votes needed, leaving the bill little time to move this year.

20:12 Regulation

EU Cyber Resilience Act Sets 24-Hour Incident Rule for Crypto Wallet Makers

EU starts 24-hour incident reporting rule for crypto wallets The EU’s Cyber Resilience Act is now requiring crypto wallet manufacturers to report actively exploited vulnerabilities and severe security incidents within 24 hours of becoming aware, file fuller notifications within 72 hours, and submit final reports later. Non-compliance can bring fines of up to €15 million or 2.5% of global annual turnover, with possible bans, recalls, or market exclusion.

20:11 Regulation

Coin Center asks US regulators to narrow stablecoin issuer customer ID rules

Coin Center urges US agencies to narrow stablecoin KYC rules Coin Center asked FinCEN, the OCC, Federal Reserve, FDIC and NCUA to let permitted payment stablecoin issuers use privacy-preserving digital identity tools as a primary compliance method under the GENIUS Act, instead of traditional data-heavy customer ID checks. It also urged regulators not to extend CIP rules to secondary-market transactions and to exclude redemption-only interactions from being treated as accounts.

07:56 Regulation

House panel to consider bill creating a US Strategic Bitcoin Reserve

House panel to mark up bill creating a US Strategic Bitcoin Reserve The House Financial Services Committee is set to mark up H.R. 8957 on Sept. 16, a bill that would put a federal Strategic Bitcoin Reserve into law and require government-held Bitcoin in the reserve to stay there for at least 20 years. The measure would also create a separate Treasury digital asset stockpile, mandate quarterly proof-of-reserve reports and audits, and order a study on acquiring more Bitcoin over five years without increasing the national debt.

06:58 Regulation

Bank of Russia says stablecoins and crypto could weaken ruble use

Bank of Russia warns stablecoins could undermine ruble use The Bank of Russia has flagged cryptocurrencies as a financial market risk, warning that stablecoins and other digital assets could increasingly be used by households as substitutes for the ruble. The regulator said such “money surrogates” can leave investors exposed to total losses and may be used for illegal activity, and called for criminal liability for unlicensed crypto operators and administrative penalties for licensed firms that break the rules.

06:40 Regulation

South Korean research service warns of possible overlap in crypto exchange ownership rules

South Korea flags conflict between crypto exchange ownership cap and Fair Trade Act South Korea’s National Assembly Research Service said a proposed cap on major shareholders in virtual asset exchanges should be reviewed against the Fair Trade Act, which requires holding companies to own at least 50% of unlisted subsidiaries, 30% of listed ones, and 20% under venture holding structures. The draft Digital Asset Basic Act would in principle limit exchange stakes to 20%, or 34% in some cases, creating a potential clash if an exchange sits under a holding company.

04:56 Regulation

CoinEx starts wind-down, with spot trading ending Sept. 29

CoinEx to shut exchange after nine years CoinEx has begun a staged wind-down, citing weaker trading activity and liquidity plus rising regulatory and compliance costs. New registrations stopped Sept. 15, futures entered reduce-only mode the same day and all non-spot services will end Sept. 22; spot trading will close Sept. 29 and withdrawals at 02:00 UTC on Dec. 22, 2026. CoinEx Wallet and CoinEx Vault will continue operating separately.

04:56 Regulation

Kyrgyzstan Central Bank Signs CertiK Deal on Digital Som Security and Oversight

Kyrgyz central bank partners with CertiK on Digital Som oversight Kyrgyzstan’s National Bank has signed an MoU with blockchain security firm CertiK to build a long-term framework for the proposed Digital Som, covering cybersecurity, digital asset custody, AML and CFT controls. The central bank will also explore CertiK’s tools for real-time transaction monitoring, regulatory advisory, licensing standards and staff training as it develops oversight of digital assets.

02:56 Regulation

UK Lords Back Amendment Requiring Treasury to Draft National Digital-Assets Strategy

UK Lords back amendment forcing Treasury to draft crypto strategy Peers voted 194-138 to amend the Financial Services and Markets Bill and require the Treasury to draft, publish and consult on a national digital-assets strategy within 12 months of the law taking effect. The plan would cover cryptoassets, qualifying stablecoins, CBDCs and tokenized securities, raising pressure on the UK as other jurisdictions push ahead with digital-asset rules. The measure is not law yet: the bill still faces a Lords third reading on Sept. 15 before moving to the Commons.

22:11 Regulation

Bulgaria Approves Law Requiring Crypto Firms to Report User Data to Tax Agency

Bulgaria approves law giving tax agency access to crypto user data Bulgaria’s National Assembly voted 149–0 on Sept. 9 to amend the Tax and Social Security Procedure Code, requiring crypto-asset firms to register and report detailed user and transaction data to the National Revenue Agency. The EU-aligned law enables cross-border data sharing with other member states and partner jurisdictions to curb tax evasion, with implementation due by Dec. 31, 2025.

16:14 Regulation

Revised BRCA Keeps BSA Limits for Developers but Drops Explicit Section 1960 Shield

Senate vote nears with BRCA revisions dropping explicit criminal shield Ahead of the Senate’s Clarity Act vote tomorrow, drafters revised the Blockchain Regulatory Certainty Act to keep Bank Secrecy Act protections for non-controlling blockchain developers and validators, while removing explicit protection from criminal liability under 18 U.S.C. § 1960. Coin Center said the change still helps block money-transmitter treatment under federal registration rules, but leaves a key criminal-law question for courts.

12:13 Regulation

EU Sets 24-Hour Security Flaw Reporting Rule for Crypto Wallet Providers

EU imposes 24-hour breach reporting rule on crypto wallet providers Crypto hardware and software wallet providers selling in the EU must now notify authorities within 24 hours of finding an actively exploited vulnerability or another serious security issue under the Cyber Resilience Act. A formal report is due within 72 hours, with follow-ups after mitigation, and violations can bring fines of up to €15 million or 2.5% of global annual revenue.

08:40 Regulation

South Korea Nears Crypto Tax Start Without Revenue or Cost Estimates

South Korea still has no revenue estimate for planned crypto tax South Korea’s government has not calculated expected tax revenue or collection costs for the virtual-asset income tax due to start in January, data shown to lawmakers indicated. The Finance Ministry said a reasonable estimate is difficult because the first filing would not come until May 2028, while the National Tax Service said it has no prior filing data; preparation spending so far totals 3.626 billion won ($2.7 million), a gap likely to weigh on parliamentary debate.

07:11 Regulation

South Korea opposition warns on privacy as Bank of Korea broadens digital currency pilot

South Korea opposition challenges CBDC rollout as BOK expands pilot South Korea’s People Power Party said any CBDC rollout should wait for legal safeguards on privacy, spending controls and consumer choice, as the Bank of Korea pushes ahead with phase two of Project Hangang. The March 18, 2026 expansion raises participating banks to nine, adds peer-to-peer transfers and could grow wallets from 100,000 to 500,000, but the BOK has not set an issuance deadline or confirmed direct retail accounts.

06:41 Regulation

Albuquerque Approves Ordinance to Ban Crypto ATMs and In-Person Crypto Transaction Services

Albuquerque bans crypto ATMs citywide Albuquerque on Sept. 10 passed O-26-49, the “Virtual Currency Ordinance,” banning cryptocurrency ATMs and cashier-facilitated crypto transaction services within city limits. Co-sponsor Councilor Stephanie W. Telles said 90% of such transactions in the city were tied to fraud. Machines must be removed within 45 days of the ordinance taking effect, with cumulative fines for violations.

05:11 Regulation

House tax committee reportedly set to review two crypto tax bills on Sept. 16

House tax panel eyes Sept. 16 review of crypto tax bills The House Ways and Means Committee is reportedly set to mark up two crypto tax bills on Sept. 16, though no public notice had been posted as of Sept. 14. H.R. 9175 would let qualifying miners and stakers elect to defer income on newly created tokens until disposal, while H.R. 9172 would extend wash-sale and constructive-sale rules to most digital assets and related contracts, with exceptions for qualified dollar stablecoins and some validation-related acquisitions.

22:11 Regulation

Republican Senators Press Senate to Advance Clarity Act in Sept. 15 Procedural Vote

Republicans push Senate to advance Clarity Act on Sept. 15 Republican senators are urging the Senate to back a Sept. 15 procedural vote to move the Clarity Act forward, arguing the US needs a crypto regulatory framework before innovation shifts overseas. Sen. Dave McCormick said the chamber has discussed the bill long enough, while Sen. Bernie Moreno said blocking the motion would leave the industry in uncertainty despite the measure’s bipartisan support, committee approval, and House passage.

09:41 Regulation

Brazil Crypto Licensing Rules Could Cut Hundreds of Firms Down to About 10

Brazil crypto licensing rules could leave only 10 firms standing Brazil’s new central bank rules could shrink its crypto sector sharply: of roughly 200 to 300 VASPs operating in the country, only 20 to 25 are seen as able to apply for authorization and just 10 may ultimately win a license. Capital requirements can reach 37.2 million reais ($7.2 million), while added audit, AML/CTF and reporting costs are expected to force consolidation. Firms must apply by Oct. 30 or wind down within 30 days and notify customers.

04:41 Regulation

South Korea to Publish Crypto Tax Guidelines Before Planned Jan. 1 Launch

South Korea to issue crypto tax guidelines before year-end Lee Hyoung-il, South Korea’s nominee for deputy prime minister and finance minister, said detailed guidelines for virtual asset taxation will be released before year-end ahead of the planned Jan. 1 rollout. He said the current framework treating crypto income as “other income” should stay, arguing it allows a basic deduction and single tax rate while lowering compliance costs and improving fairness with other taxed asset classes.

04:41 Regulation

Lummis Presses Democrats to Back Revised CLARITY Act Ahead of Sept. 15 Senate Vote

Lummis pressures Democrats ahead of Sept. 15 CLARITY Act vote Sen. Cynthia Lummis said Democrats secured more than 100 changes to the revised 630-page CLARITY Act and now “must pass it” ahead of a Sept. 15 Senate cloture vote. The bill still needs about seven Democratic votes to reach the 60-vote threshold, with holdouts focused on unresolved ethics and conflict-of-interest rules for public officials and their spouses.

10:42 Regulation

FCA opens five-month application window for UK crypto authorisations ahead of 2027 regime

FCA sets five-month window for UK crypto authorisations The UK Financial Conduct Authority will accept crypto authorisation applications from Sept. 30, 2026, to Feb. 28, 2027 ahead of a new regime due on Oct. 25, 2027. Firms with existing anti-money-laundering registrations or other FCA permissions will still need separate approval for regulated crypto activities, including trading, custody, stablecoins and some staking. Companies that apply on time may be able to keep specified services running while the FCA reviews them.

05:41 Regulation

Canada’s OSFI Says Tokenized Deposits Fall Under Existing Banking Rules

Canada’s OSFI says tokenized deposits are not legally distinct from traditional deposits Canada’s banking regulator has ruled that tokenized deposits should be treated under existing rules, taking a tech-neutral stance that removes a key regulatory hurdle for banks and other financial institutions building onchain payment and operating rails. OSFI said firms remain responsible for compliance, including third-party activities, and should consult supervisors and legal counsel before launching novel products.

11:56 Regulation

Apple Removes Pump Fun iPhone App in US and India After Stock-Pair Launch

Apple pulls Pump Fun iPhone app from US and India App Stores Apple removed Pump Fun’s iPhone app from the US and India App Stores on Thursday, one day after the memecoin platform launched Custom Pairs that let users create memecoins quoted against tokenized stocks. Pump Fun had promoted 93 such pairs, including tokens linked to Boeing, Costco, and Trump Media; Apple has not commented, while the company says the app is “temporarily unavailable” and existing users’ funds are safe.

07:11 Regulation

Russia makes tax IDs mandatory for crypto depository accounts

Russia makes tax ID mandatory for crypto depository accounts Rosfinmonitoring said clients must provide their INN taxpayer number to open accounts with Russian digital depositories, making it a compulsory identifier for crypto accounts under the country’s new regulated market. The agency said the rule is aimed at anti-money laundering oversight and transaction transparency, while transfers above 60,000 rubles must include more detailed payer and recipient data.

01:11 Regulation

South Korea Petition to Delay 2027 Crypto Tax Passes 40,000 Signatures

South Korea petition to delay crypto tax draws 40,000 signatures A public petition in South Korea’s National Assembly to postpone virtual-asset taxation by two years has reached 40,363 signatures as of Sept. 11, about 10,000 short of the 50,000 needed to advance. The petition argues the 2027 tax should be delayed to 2029 so authorities can build tax infrastructure and avoid harming a market already seeing investor exits, lower exchange revenue and fund outflows to overseas platforms. If it hits the threshold by Sept. 20, it will go to a relevant Assembly committee for review.

23:25 Regulation

Banca d’Italia Orders Full Sanctions Screening on All PSP and Crypto Transfers

Banca d’Italia tells PSPs and CASPs to screen all transfers for sanctions Banca d’Italia has told payment service providers and crypto asset service providers to keep screening all financial transactions under travel rule-related procedures, with no minimum amount exempt from checks. The guidance calls for onboarding and ongoing monitoring of originators and beneficiaries against designated lists, as Italy pushes tighter controls to stop sanctions evasion, particularly by Russian actors, even if transfers face delays.

21:40 Regulation

SEC Seeks to Let Blockchain Ledgers Stand as Official Securities Ownership Records

SEC moves to recognize blockchain ledgers as official securities ownership records The U.S. SEC is moving to revise its rules so blockchain ledgers can serve as the legally effective record of securities ownership, replacing the current dual-record structure used in many tokenized securities. The change could reduce disputes when on-chain records and shareholder registers diverge, but existing rules on identity checks, holding limits and transfer restrictions would stay, and transfer agents would still handle functions such as inheritance and legal notices.

21:29 Regulation

ESMA Says Polymarket and Kalshi Lack Authorization to Offer Event Contracts in the EU

ESMA says Polymarket and Kalshi lack EU authorization The European Securities and Markets Authority said Polymarket and Kalshi do not have the authorization generally required to market and sell event contracts across the EU, and questioned whether the platforms can effectively block users who hide their location with VPNs. ESMA said such contracts may fall under the EU’s binary options ban, MiCA, or national gambling laws, while insider-trading rules apply only if a contract is classed as a financial instrument.

21:28 Regulation

Senate Republicans Revise Clarity Act Before September 15 Procedural Vote

Senate GOP revises Clarity Act to target controlled crypto protocols Senate Republicans released a revised 630-page Clarity Act that would require crypto trading protocols deemed controlled by people or groups — rather than truly decentralized — to register with the CFTC, while narrowing DeFi provisions to spot and cash transactions. Sen. Cynthia Lummis unveiled the draft ahead of a September 15 procedural vote; its ethics rules are largely unchanged from July, and no Democrats reportedly back the bill.

19:21 Regulation

SEC proposal would let blockchain ledgers serve as official securities ownership records

SEC proposes allowing blockchain ledgers as official ownership records The SEC has proposed letting electronic databases, including blockchain ledgers, serve as the official record of securities ownership, a shift that could replace the parallel offchain shareholder registers used for many tokenized securities today. If adopted, it could cut reconciliation costs and legal uncertainty, but transfer agents would still need to enforce ownership rules and handle core admin tasks; public comments are due in early November.

18:11 Regulation

UK Lords Vote to Require Treasury Digital Asset Strategy in FSM Bill

UK Lords back amendment forcing Treasury to draft digital asset strategy The House of Lords voted 194–138 to add an amendment to the Financial Services and Markets Bill that would require the Treasury to prepare, publish and consult on a digital asset strategy within 12 months of the bill becoming law. The plan would cover cryptoassets, stablecoins, tokenized securities and digital financial infrastructure, despite the Labour government’s opposition. The bill now returns to the House of Commons, which can accept, amend or reject the Lords’ changes.

12:10 Regulation

Bybit wins Austria EMI license and plans Europe app spanning crypto, stocks and payments

Bybit wins Austria EMI license, targets MiFID approval for Europe expansion Bybit has secured an electronic money institution license from Austria’s FMA and is close to adding a MiFID license, CEO Ben Zhou told CoinDesk. The exchange says the approvals would let it launch a Europe “super app” combining crypto trading with IBAN-linked accounts, local transfers, salaries and bill payments, plus regulated derivatives, debt securities and access to stocks including Apple and Tesla.

10:26 Regulation

India’s FIU Moves Against 15 Offshore Crypto Platforms Serving Local Users

India’s FIU issues notices to 15 offshore crypto platforms India’s Financial Intelligence Unit has issued non-compliance notices to 15 offshore virtual digital asset service providers under Section 13 of the Prevention of Money Laundering Act and is seeking app and URL takedowns for unregistered exchanges serving Indian users. The move shifts enforcement from registration demands to cutting off access channels, with FIU rules applying based on activity in India rather than a platform’s physical presence.

08:01 Regulation

Binance schedules phased USDP delisting, with spot trading to end on Sept. 24

Binance to delist USDP spot trading on Sept. 24 Binance said it will remove Pax Dollar (USDP) from spot trading at 03:00 UTC on Sept. 24, cancel all pending orders and stop deposits from Sept. 25, while withdrawals stay open until Nov. 24. The exchange said it may convert remaining USDP balances into another stablecoin after Nov. 25 without guaranteeing the exchange rate, as margin, lending, Earn, Pay, Pool and copy-trading support end earlier on separate schedules.

06:26 Regulation

Singapore Grants Gemini Major Payment Institution License

Gemini wins Singapore Major Payment Institution license Singapore has granted Gemini a Major Payment Institution license, allowing its local unit to provide digital payment token and cross-border money transfer services without the volume caps applied to standard payment institutions. The approval strengthens Gemini’s regulated presence in the market and supports its spot trading, custody, and OTC services for both retail and institutional customers.

17:12 Regulation

Kyrgyzstan Opens 90 Crypto-Linked Criminal Cases as Adoption and State Support Grow

Kyrgyzstan opens 90 crypto-linked criminal cases in 2026 Kyrgyzstan’s police have opened 90 criminal cases involving cryptocurrency since the start of 2026, Interior Minister Ulan Niyazbekov said at a September 5 state blockchain council. He said virtual assets are being used in cyber fraud, embezzlement, money laundering and moving illicit funds, while cross-border wallet chains and mixers make tracing difficult. On June 5, the Interior Ministry and National Bank signed a fraud-fighting pact that already lets banks quickly freeze suspicious transactions.

16:42 Regulation

Arbitrum committee seeks permanent DAO bans for three grant recipients

Arbitrum watchdog seeks permanent DAO ban for Good Entry, Limitless and APX Arbitrum’s Watchdog Committee has asked ARB holders to permanently exclude Good Entry, Limitless and APX Finance and their founders from all future ArbitrumDAO programs, alleging misuse of 457,553 ARB in legacy incentive grants. The committee cited fabricated deliverables, suspected theft and team-linked sybil activity; the projects can respond by Sept. 10, after which separate Snapshot votes could impose the bans if funds are not returned.

12:42 Regulation

Germany Drafts New Crypto Tax Rules Ending 12-Month Exemption for Future Purchases

Germany plans to scrap crypto tax-free sales after 12 months Germany’s Finance Ministry has drafted a bill to tax gains on bitcoin and other cryptocurrencies bought after Dec. 31, 2026 regardless of holding period, ending the current tax-free sale rule after 12 months for new purchases. Existing holdings would keep current treatment, while bitcoin and ether would move to the 26.375% Abgeltungsteuer regime; the law is set to take effect in January 2027, with automatic withholding by providers starting in 2028.

12:11 Regulation

UK crime agency raises crypto to a top enforcement priority in money laundering fight

UK crime agency elevates crypto to top-tier enforcement priority Britain’s National Economic Crime Centre has ranked cryptoassets third among nine economic crime priorities for 2025, above criminal cash and money mules, and said it is building a “more proactive and intelligence-led crypto capability” to generate its own targets. In its annual report, the agency said criminals are using crypto products to evade detection and move illicit value at scale; a March Operation Atlantic with the U.S. Secret Service, Coinbase, Binance, Kraken and Tether identified 20,000 approval-phishing victims and froze $12 million.

08:42 Regulation

India Flags 15 Offshore Crypto Platforms for Alleged AML Registration Failures

India issues AML non-compliance notices to 15 offshore crypto platforms India’s Financial Intelligence Unit has issued non-compliance notices to 15 offshore virtual digital asset service providers, alleging they served Indian customers without registering under the country’s anti-money laundering rules. The named platforms include Weex, Blofin, XT.com, WhiteBIT and ChangeNow; under rules in force since March 2023, any platform targeting Indians must verify users, keep records and report suspicious activity even without a local office.