Regulation news

06:41 Regulation

Binance to Halt Transfers With HTX and 10 Other Platforms From August 23

Binance to block transfers with HTX and 10 other platforms on August 23 Binance said it will stop processing transactions involving HTX, Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode and EXMO from August 23, mirroring the EU’s July 23 sanctions package against entities the bloc says helped Russia evade restrictions. Attempts after that date may be held for compliance review, and related wallets could face temporary limits while checks are underway.

04:43 Regulation

Austria Imposes €70,000 Fine on Bitpanda in First Published MiCA Sanction

Austria fines Bitpanda €70,000 in first published MiCA sanction Austria’s Financial Market Authority has fined Bitpanda GmbH €70,000 for breaching EU crypto rules, in what it called the country’s first published legally binding sanction under MiCA. The FMA said Bitpanda filed a crypto-asset white paper less than 20 working days before publication, ran marketing before the document was published, and omitted required disclosures and contact details in marketing materials.

22:12 Regulation

US Treasury Opens 60-Day Comment Window on GENIUS Act Stablecoin Rules

US Treasury opens comment period for GENIUS Act stablecoin rules The US Treasury has launched a 60-day public comment process on rules for Section 3 of the GENIUS Act, the stablecoin law, ahead of full implementation. The proposal will define when a stablecoin is considered issued in the US and when an issuer or digital asset service provider is deemed to have offered or sold one to a US person. From July 18, 2028, providers generally will not be allowed to offer payment stablecoins to US users unless they are issued by an authorized issuer.

15:26 Regulation

SEC explores exemption for 24/7 trading of tokenized U.S. stocks

SEC drafts exemption for 24/7 trading of tokenized US stocks The SEC is developing an “innovation exemption” that could let selected platforms test trading tokenized U.S. stocks around the clock while permanent rules are written. SEC Chair Paul Atkins and Commissioner Hester Peirce have backed the limited approach, but no final framework, eligibility criteria, or launch date has been set, and tokenized shares would still remain subject to federal securities laws.

14:30 Regulation

Moscow Exchange to Add Bitcoin and Ethereum Perpetual Futures in September

Moscow Exchange to launch Bitcoin and Ethereum perpetual futures in September Moscow Exchange will add perpetual futures on Bitcoin and Ethereum indices in September, expanding a crypto derivatives lineup that already includes monthly and quarterly contracts on coins such as Solana, Ripple and Tron. The launch comes just before most of Russia’s new digital currency law takes effect on September 1, broadening access to crypto investments under restrictions for non-qualified investors.

14:25 Regulation

White House Crypto Meeting Highlights Gap With India’s 30% Tax and 1% TDS

White House to host crypto executives as India keeps 30% tax The White House is scheduled to meet crypto and prediction market executives on August 19, with reported participants including Coinbase, Ripple and Gemini leaders alongside SEC and CFTC officials, underscoring the Trump administration’s crypto-friendly stance. The move throws India’s tougher approach back into focus, where investors still face a 30% tax on gains and a 1% TDS on every transaction amid unclear digital-asset rules.

14:11 Regulation

US Treasury Publishes Draft GENIUS Act Stablecoin Rules for Public Comment

US Treasury opens comments on draft GENIUS Act stablecoin rules The US Treasury Department has released draft rules to implement the GENIUS Act, clarifying when issuing, offering, or selling a payment stablecoin triggers US licensing requirements, including for foreign-issued tokens circulating in the US market. Issuers must obtain a federal or state license from Jan. 18, 2027, while from July 18, 2028, providers will in principle be limited to offering US users stablecoins from authorized issuers.

05:27 Regulation

Bitget Rolls Out Transfer Restrictions on 16 Crypto Platforms in Three Phases

Bitget phases in transfer restrictions on 16 crypto platforms Bitget is tightening controls on transactions involving 16 crypto platforms after sanctions actions by US and European authorities, with the rollout split across Aug. 7, Aug. 13 and Aug. 23. The affected names include HTX, EXMO, Rapira, Aifory Pro and ABCeX, and Bitget said transfers routed indirectly through those platforms or intermediary wallets may also face extra checks.

03:27 Regulation

Austria Imposes First Legally Binding MiCA Fine on Bitpanda

Austria issues first legally binding MiCA penalty to Bitpanda Austria’s Financial Market Authority fined Bitpanda €70,000 on Aug. 14 in what it called the first legally binding penalty under the EU’s MiCA regime. The regulator said Bitpanda failed to notify it of a crypto whitepaper at least 20 days before a token’s admission to trading and issued marketing before publishing the required whitepaper, adding that the case shows MiCA has moved from licensing into enforcement.

22:40 Regulation

MiCA Transition Fuels Rise in Crypto Scams as Fraudsters Pose as EU Regulators

MiCA rollout triggers surge in crypto migration scams across Europe Scams tied to the EU’s MiCA regime have jumped after the rules took full effect, forcing more than 1,700 unlicensed crypto platforms to stop serving EU users while only 323 firms held MiCA authorization. Regulators say fraudsters are exploiting the migration of as many as 10 million users by faking platform notices and impersonating agencies including ESMA and France’s AMF to push bogus transfers and upfront “recovery” fees.

14:10 Regulation

MiCA Transition Spurs New Wave of Crypto Impersonation Scams Across Europe

MiCA migration triggers rise in crypto impersonation scams across Europe As the EU’s MiCA rules fully took effect on July 1, more than 1,700 unlicensed crypto platforms had to stop serving EU users, forcing up to 10 million customers to move assets — and giving fraudsters an opening. Regulators say scammers are posing as authorities and licensed exchanges, sending fake migration notices and pushing transfers to bogus platforms; officials in the Netherlands, Austria and the U.K. warned users to verify providers and the exact licensed entity before moving funds.

02:41 Regulation

Binance to Cut Off Transfers With 16 Crypto Platforms After Sanctions Actions

Binance to block transfers involving 16 crypto platforms after sanctions moves Binance said it will stop processing transactions involving 16 crypto-asset service providers after regulatory developments, with deadlines set for Aug. 7, Aug. 13 and Aug. 23. The final group includes HTX, EXMO, Rapira, WhiteBird, Bitpapa and Exnode; transfers attempted after the cutoff may be held for compliance review and could trigger temporary restrictions on affected wallets.

15:43 Regulation

Russia Extends Crypto Mining Ban to Moscow Area and Parts of Kursk Until End of 2032

Russia bans crypto mining in Moscow region and parts of Kursk until 2032 Russia has banned crypto mining and mining pool participation in Moscow, the Moscow Region and parts of Kursk through Dec. 31, 2032, under government decree No. 936 signed on July 25 and published on July 31. The Energy Ministry said the year-round restriction is meant to prevent power-capacity shortages as mining strains regional grids.

09:10 Regulation

Binance Expands Curbs on 16 Crypto Platforms Under New EU Russia Sanctions

Binance to restrict transfers with 16 crypto platforms under new EU Russia sanctions Binance is tightening sanctions screening and will restrict transactions involving 16 crypto platforms, with some blocks already in place and another round starting Aug. 23. The exchange blocked Shelbit and Aban Tether on Aug. 7, then A7 Nigeria, A7 Africa and PilotFinance on Aug. 13, and said transfers linked to the remaining platforms — including HTX and EXMO — may face extra checks or be blocked as the EU expands Russia-related sanctions.

05:40 Regulation

Ireland launches first national AML strategy with new crypto and ownership rules

Ireland launches first national AML strategy with new crypto rules Ireland on Aug. 13 unveiled its first national anti-money laundering strategy, adding tougher rules for crypto-assets and digital transfers, new corporate ownership disclosure requirements, and stronger intelligence sharing across agencies. Finance Minister Simon Harris said the plan is designed to curb anonymous fund movement, detect cyber-enabled fraud and sanctions evasion, and align Ireland with the EU’s new AML package and upcoming FATF evaluations.

05:11 Regulation

SEC Abruptly Cancels Vote on Crypto Rulemaking, Leaving Token Issuance Plan Unresolved

SEC cancels crypto rulemaking vote, leaving token offering framework on hold The SEC scrapped its Aug. 14 Regulation Crypto meeting a day before commissioners were due to vote, citing an “unforeseen scheduling issue” and setting no new date. The roughly 400-page proposal would have opened public comment on exemptions for token offerings and a decentralization safe harbor, but its delay — with Congress in recess and the CLARITY Act stalled — leaves crypto issuance rules in limbo.

04:10 Regulation

Arizona Returns $171,332 to 35 Crypto ATM Scam Victims Under New Refund Law

Arizona AG secures $171,332 in refunds for 35 crypto ATM scam victims Arizona Attorney General Kris Mayes said Aug. 12 that 35 crypto ATM fraud victims received full refunds totaling $171,332 under the state’s refund process. The law, in effect since Sept. 26, 2025, requires kiosk operators to fully reimburse fraudulently induced transactions, including fees, only for customers who had been with that operator for less than 10 days and who report the case within 30 days.

18:40 Regulation

Kalshi told to keep operating as Washington restricts seven contract categories

Washington judge restricts seven Kalshi contract categories Kalshi must block Washington users from sports, elections, politics, entertainment, culture, technology and science contracts after a state injunction, with IP-based geofencing due by Aug. 19 and a multi-source system by Sept. 2. The CFTC separately ordered Kalshi on Aug. 11 to keep operating under federal rules while New York seeks to halt its contracts; commodities, climate, economic and financial events remain available in Washington.

13:10 Regulation

Ireland adopts AML strategy with tighter checks on crypto wallet transfers

Ireland unveils AML strategy with tighter checks on crypto wallet transfers Ireland has launched its first national anti-money laundering strategy, in force through 2030, adding stricter rules for digital-asset transfers involving self-hosted wallets and overseas crypto firms. The plan requires enhanced verification and customer due diligence to implement the EU’s Transfer of Funds Regulation and the FATF travel rule, as Dublin moves to curb illicit use of digital assets.

10:57 Regulation

JPMorgan Ends Banking Relationship With Polymarket as Regulatory Pressure Builds

JPMorgan closes Polymarket bank account over regulatory concerns JPMorgan has closed Polymarket’s bank account, reportedly citing regulatory concerns, months after CEO Jamie Dimon said the bank could “possibly” offer prediction-market products one day. The move comes as Polymarket faces growing scrutiny in Washington, including a House Oversight Committee probe into possible insider trading and questions over how platforms police accounts and geographic restrictions.

09:11 Regulation

Upbit Sets Sept. 14 Delisting for STORJ, JASMY and TT After Follow-Up Review

Upbit to delist STORJ, JASMY and TT on Sept. 14 Upbit will end trading support for Storj (STORJ), JasmyCoin (JASMY) and ThunderCore (TT) at 3 p.m. KST on Sept. 14, removing six pairs: STORJ/KRW, STORJ/BTC, JASMY/BTC, JASMY/USDT, TT/KRW and TT/BTC. South Korea’s largest exchange said follow-up reviews found unresolved issues behind their investment-caution tags, including disclosure, business sustainability and, for TT, supply and circulation concerns that could expose users to losses.

04:40 Regulation

MSCI Proposal Could Remove Strategy and Metaplanet From Global Indexes

MSCI proposal would remove Strategy and Metaplanet from key global indexes MSCI is consulting on a rule change that would exclude “non-operating companies” from its Global Investable Market Indexes; under a May 2026 simulation, that would remove Strategy, Metaplanet and uranium holder Yellow Cake PLC. The proposal uses balance-sheet and financial-ratio screens to identify firms acting more like investment vehicles, with consultation open until Sept. 30 and a decision due by Oct. 16 for the November 2026 Index Review.

01:10 Regulation

South Korea Tax Agency Warns of Phishing Emails Posing as Crypto Tax Notices

South Korea tax agency warns of crypto tax phishing emails South Korea’s National Tax Service on Aug. 14 warned that phishing emails posing as virtual-asset tax notices are spreading, including messages titled “Advance Explanation Notice on Virtual Asset Taxation.” The agency said users should not click links or open attachments, as the emails are designed to steal personal information, and advised people to verify any notice by logging into Hometax directly.

21:11 Regulation

XRP Holds Near $1 as Senate Delays CLARITY Act and CFTC Prepares August Meeting

CFTC moves on crypto rules as Senate delays CLARITY Act vote XRP traded at $1.009 on Thursday after the Senate left for recess without a floor vote on the CLARITY Act, which would codify the token’s legal status in federal law. The next Senate window opens in September, but the CFTC is moving ahead with an Aug. 20 Innovation Advisory Committee meeting on what it can address under existing powers; Ripple CEO Brad Garlinghouse sits on the panel.

18:43 Regulation

Trump Memo Opens Path for Vetted Firms to Conduct U.S.-Approved Cyber Operations

Trump authorizes vetted US firms for offensive cyber operations abroad President Donald Trump signed an Aug. 12 memorandum creating a DHS-led program that lets vetted U.S. companies carry out government-approved cyber operations against foreign criminal networks behind ransomware, phishing, financial fraud and sextortion. Firms must contract with DOJ or DHS, post a bond of at least $1 million, and act only under written federal approval; guidance is due within 60 days.

10:44 Regulation

Monaco Files Bill to Replace 2022 Crypto Rules With MiCA-Aligned Framework

Monaco submits bill to replace 2022 crypto rules with MiCA-style regime Monaco has filed Bill No. 1131 with the National Council to replace its 2022 crypto framework and align oversight with the EU’s MiCA rules and FATF standards. The proposal would require crypto-asset service providers to obtain prior authorization from the CCAF, adds stricter governance and prudential requirements, and expands supervisory powers as authorities say the changes are meant to strengthen compliance and curb money laundering.

10:12 Regulation

Copper sets up regulated US arm for crypto custody and institutional trading services

Copper gains SEC-registered broker-dealer status in the US Copper has launched a regulated US foothold after Copper Markets (US) Inc. became an SEC-registered broker-dealer and a FINRA member, creating a path to offer institutional custody and trading-related services in the country. The company said the US entity will provide qualified custody, staking, financing and OTC services, plus access to its ClearLoop network, which lets institutions post crypto and tokenized assets as collateral without moving them onto exchanges.

06:11 Regulation

SEC Set to Vote on 400-Page Crypto Rule Proposal With New Token Exemptions

SEC to vote Aug. 14 on first formal crypto rulemaking The SEC is set to vote Aug. 14 on “Regulation Crypto,” a 400-page proposal that would create three exemption pathways for token issuance and fundraising, including a startup route of about $5 million, a 12-month fundraising cap of $75 million, and a safe harbor letting tokens exit securities status once a network is sufficiently decentralized. If advanced, it would mark a shift from enforcement-driven policy to a codified framework the agency is attempting without waiting for Congress.

05:12 Regulation

Arizona Crypto ATM Law Delivers $171,332 in Refunds to 35 Scam Victims

Arizona crypto ATM law secures $171,332 in scam refunds for 35 victims Arizona Attorney General Kris Mayes said the state’s new crypto ATM law has already helped 35 scam victims recover $171,332. Enacted in May as House Bill 2387, the law requires kiosk operators to fully reimburse new customers fraudulently induced into a transaction, including fees, if they report it to the operator and law enforcement or the attorney general within 30 days and obtain a fraud determination.

04:10 Regulation

Philippines sets DTI certification process for government imports of unavailable advanced tech

Philippines sets legal route for government imports of blockchain and AI tech The Department of Trade and Industry issued DAO 26-06, authorizing DTI to certify when blockchain, AI, deep tech, or related consulting services are unavailable in the local market. Once certified, Philippine government agencies can bypass domestic bidding limits and procure those technologies through international organizations, UN agencies, or international financing institutions.

01:10 Regulation

Coinbase to Add 170-Plus Derivatives Contracts for Eligible UK Professional Investors

Coinbase to roll out 170+ leveraged derivatives for UK professional investors Coinbase will start offering eligible UK professional investors more than 170 derivative contracts across crypto, commodities, equities and FX, with rollout beginning in the coming weeks and expanding over the following months. The lineup includes futures, perpetuals and crypto options, with leverage of up to 50x, following Coinbase’s UK investment services authorization.

22:40 Regulation

OCC Returns Zerohash Bid for U.S. Trust Bank Charter, Company Plans to Refile

OCC returns Zerohash trust bank charter application The Office of the Comptroller of the Currency returned Zerohash’s application for a U.S. trust bank charter, ending the process because the filing was “materially deficient” under OCC policy. Zerohash, which provides crypto infrastructure for firms including Morgan Stanley’s E*Trade, said the move was coordinated with the regulator, does not affect current operations, and it plans to refile this month seeking a swift resolution.

21:43 Regulation

Hawaii to Enforce Statewide Crypto ATM and Kiosk Ban on Oct. 1

Hawaii signs statewide ban on crypto ATMs and kiosks Hawaii Governor Josh Green signed House Bill 1642 into law in July, setting a full ban on crypto ATMs and kiosks that take US dollars in exchange for digital assets. The state cited scam losses, including FBI data showing 826 Hawaii crypto complaints in 2025 and about $80 million in losses. CoinATMRadar data showed 57 machines were operating across four main islands as of Wednesday.

20:41 Regulation

SEC staff allows Franklin funds to use onchain money fund for cash and collateral

SEC staff clears Franklin funds to use onchain money fund as cash vehicle The SEC’s Division of Investment Management said it would not recommend enforcement action if Franklin Templeton’s U.S. registered funds hold shares of its onchain money market fund, FOBXX, through an affiliated blockchain-based custody and recordkeeping system. The no-action relief lets the funds use FOBXX for cash management and securities-lending collateral, provided Franklin meets 12 conditions on segregation, controls, reconciliation, board oversight and independent checks.

12:12 Regulation

Singapore Finalizes Crypto Tax Reporting Rules for Platforms From 2027

Singapore finalizes crypto tax reporting rules from 2027 Singapore has issued final rules requiring crypto exchanges, brokers and trading platforms with a local nexus to collect user tax residency data and report annual per-user, per-token transaction aggregates to the Inland Revenue Authority of Singapore from Jan. 1, 2027. IRAS will share the data with foreign tax authorities under tax treaties, and from Jan. 1, 2028, platforms cannot execute trades for users without valid self-certification on file.

11:42 Regulation

Kraken to Take Over MEXC’s Netherlands Client Migration as MEXC Winds Down Services

Kraken to take MEXC’s Netherlands clients as exchange exits market MEXC is referring its Netherlands users, including spot and derivatives clients, to Kraken as it winds down services in the country as part of a broader regional realignment. Kraken said it has held MiCA authorization through the Central Bank of Ireland since June 2025 and also has MiFID approval for derivatives, offering referred clients a licensed venue with more than 600 crypto assets, EUR rails and quarterly verified proof of reserves.

10:11 Regulation

Brazil Sets 2026 Deadline for Crypto Security and AML Assurance Reports

Brazil sets Oct. 30, 2026 deadline for crypto security and AML audits Brazil’s Central Bank will require existing virtual asset providers to file a “reasonable assurance” report from a CVM-registered auditor by Oct. 30, 2026, going beyond proof of reserves to verify AML/CFT, sanctions screening, asset segregation and cybersecurity controls. Under rules effective Feb. 2, 2026, firms must also keep separate client wallets, perform regular penetration tests and maintain incident records for five years.

08:41 Regulation

ASIC removes Yepbit-linked websites after users report blocked withdrawals

ASIC takes down Yepbit-linked sites after withdrawal complaints Australia’s corporate regulator has removed several websites linked to digital asset and futures platform Yepbit after investors reported they could not withdraw funds. ASIC said Yepbit falsely told customers their money had been frozen by the regulator during checks; ASIC said it had taken no action stopping refunds, and warned Yepbit has neither an Australian Financial Services Licence nor AUSTRAC virtual asset service provider registration.

07:13 Regulation

Japan blockchain consortium forms tax panel to address DeFi and stablecoin business use

Japan blockchain group sets up tax panel for stablecoins and DeFi The Japan Blockchain Collaborative Consortium has launched a Tax Policy Working Group to tackle tax uncertainty that it says is slowing corporate use of digital assets, especially in payments, remittances, fundraising and asset management. The panel will examine how companies should recognize gains and losses, value assets and handle tax filings for DeFi and stablecoin transactions, then propose guideline changes and institutional reforms to Japan’s tax authorities and relevant ministries.

05:12 Regulation

OCC says digital asset firms should have a route to U.S. bank charters

OCC says crypto firms should have a path to U.S. bank charters The OCC said Aug. 11 that digital asset firms engaged in legally permissible activities should have a route to U.S. national bank charters, as Comptroller Jonathan Gould pushed to revive new bank formation. The agency’s licensing list shows 13 pending digital asset applications, while OCC records also show at least one denial: Wise National Trust was rejected on July 21, underscoring that charter access is not automatic.

05:11 Regulation

South Korea Tax Agency Expands Crypto Tracking and AI Forensics in Evasion Drive

South Korea tax agency to add crypto tracing tools in anti-evasion push South Korea’s National Tax Service said it will expand transaction-tracking programs for virtual assets and upgrade its AI-based forensic system to crack down on tax evasion and asset concealment using digital assets. The agency will also widen rewards for tip-offs, while stepping up arrears collection with a 10,000-member team reviewing about 130 trillion won ($93.9 billion) in unpaid taxes.

01:41 Regulation

AUSTRAC Suspends Cryptolink, Taking 96 Crypto ATMs Offline for Three Months

AUSTRAC suspends Cryptolink and shuts 96 crypto ATMs for three months Australia’s financial crime regulator AUSTRAC has suspended Cryptolink’s virtual asset service provider registration, forcing its 96 crypto ATMs offline for three months after citing renewed anti-money laundering and counter-terrorism financing concerns. AUSTRAC said the company failed to meet basic threshold transaction reporting obligations, did not submit required reports or respond to an information request, and will be monitored until the suspension ends in early November.

21:13 Regulation

SEC Schedules Vote on Crypto Offering Rules After Senate Stalls CLARITY Act

SEC to consider new crypto offering rules at Friday meeting The US Securities and Exchange Commission has scheduled an open meeting for Friday to consider “new rules to create a tailored offering regime for certain investment contracts involving crypto assets,” signaling a possible policy move without waiting for Congress. The agenda comes after Senate lawmakers failed last week to pass the Digital Asset Market Clarity Act, which was expected to set a broader framework for crypto oversight.

12:41 Regulation

Bank of Russia proposes exchange trading for Bitcoin, Ether and USDT

Bank of Russia proposes exchange trading for BTC, ETH and USDT Russia’s central bank has proposed allowing Bitcoin, Ether and Tether’s USDT to trade on regulated exchanges after a law signed by President Vladimir Putin on Aug. 4 gave it authority to decide which digital currencies can be admitted to organized trading. Under the draft rules, non-qualified investors would be capped at 300,000 rubles ($3,650) in crypto purchases per year through each intermediary, while all investors would have to pass a test on crypto risks. Comments are open until Aug. 24.

05:13 Regulation

South Korea Approves Tougher VASP Screening and Wider Travel Rule for Crypto Transfers

South Korea expands crypto travel rule to all transfers South Korea’s Cabinet approved revised AML rules that tighten VASP registration screening and extend the travel rule to all virtual-asset transfers between registered operators, regardless of amount, to stop transaction splitting. The decree also broadens shareholder reviews, allows filings to be rejected on financial and compliance grounds, and gives existing operators a one-year grace period; the registration rules start Aug. 20, while the travel-rule expansion takes effect six months after promulgation.

04:42 Regulation

FATF Sets New DeFi Control Test for AML Oversight

FATF unveils new test for DeFi control The Financial Action Task Force has introduced a “control or sufficient influence” test that could pull some DeFi protocols under global AML and counter-terror financing rules even if they call themselves decentralized. Regulators can examine governance, smart-contract upgrades, treasury assets, fees, admin permissions and wallets to identify who really influences a protocol, while stablecoins used in DeFi face added scrutiny when linked to illicit activity.

04:11 Regulation

US Treasury Sanctions Shelbit and Aban Tether Over Alleged Iran-Linked Crypto Activity

US sanctions hit Shelbit and Aban Tether over alleged Iran-linked flows The US Treasury’s OFAC on August 7 sanctioned crypto exchanges Shelbit and Aban Tether, accusing them of moving funds for Iran’s Islamic Revolutionary Guard Corps. OFAC said TRM Labs traced more than $6.3 billion through Dubai-registered Shelbit between May 2024 and March 2026, while Aban Tether processed transactions with already sanctioned Iranian platforms including Nobitex, Wallex, Bitpin, and Ramzinex.

02:00 Regulation

Brazil Orders 24-Hour Delay on Some Crypto Outbound Transfers From 2027

Brazil central bank orders 24-hour hold on some crypto outbound transfers Brazil’s central bank on Aug. 7 published Resolution BCB No. 584/2026, requiring crypto firms to hold outbound transfers for up to 24 hours when a single transfer or a customer’s daily total exceeds $10,000 and is sent to a self-custody wallet or a platform outside Brazil. The rule, effective Jan. 1, 2027, extends the country’s fraud-prevention framework to crypto and stablecoins and is designed as a review window rather than a freeze.

22:41 Regulation

Senate Schedules Sept. 15 CLARITY Act Vote After Recess Delay

Senate sets Sept. 15 vote on CLARITY Act after missing pre-recess push The U.S. Senate did not advance the CLARITY Act before its August recess, but Majority Leader John Thune filed cloture to force a Sept. 15 procedural vote on whether formal debate can begin. The bill needs 60 votes, with ethics rules and stablecoin rewards still dividing senators, while Sen. Cynthia Lummis and Coinbase executives called the delay frustrating and disappointing.

19:11 Regulation

South Korea Opposition Seeks to Push Crypto Profit Tax Start to 2030

South Korea opposition moves to delay crypto tax to 2030 People Power Party lawmaker Jeong Seong-guk has proposed delaying South Korea’s 22% tax on crypto profits from Jan. 1, 2027, to Jan. 1, 2030, setting up a clash with the government, which reaffirmed this week that taxation will start as scheduled. The tax would apply to annual crypto gains above 2.5 million won ($1,800), affecting a market of about 13 million South Korean traders.