Regulation news

17:16 Regulation

FATF Issues First DeFi AML Report Centered on Control and Influence Test

FATF publishes first DeFi-specific AML report The Financial Action Task Force has issued its first DeFi-focused report, saying protocols should be assessed under existing AML/CFT rules based on who has “control or sufficient influence,” not whether they call themselves decentralized. The 49-page framework says identifiable controllers can bring a protocol into VASP scope, while blockchain analytics and off-chain signals like front-end or repo control are key tools for supervisors to make that determination.

15:11 Regulation

PBOC puts digital yuan at the center of its 2026-2030 reform plan

PBOC makes digital yuan a core task in 2026-2030 reform plan China’s central bank said it will “steadily develop” the e-CNY over the next five years, elevating the digital yuan to a core task in its 15th Five-Year reform plan for 2026-2030. The blueprint ties e-CNY development to stronger payment infrastructure, credit reporting and anti-money-laundering rules, while also pushing wider RMB use in trade and investment and building out cross-border payment networks.

11:41 Regulation

Flowdesk Secures VARA Broker-Dealer License for Dubai Expansion

Flowdesk wins VARA broker-dealer license in Dubai Flowdesk Omega FZE, the Dubai unit of France-based liquidity provider Flowdesk, has received a crypto broker-dealer license from Dubai’s VARA, allowing it to offer digital-asset brokerage services to qualified and institutional investors in and from Dubai. The approval comes two months after the firm received in-principle clearance in June 2026, expanding its regulated footprint in the UAE.

11:11 Regulation

NY State Police warn Twin Tiers residents of fake crypto and gold investment scam

NY State Police warn Twin Tiers residents of crypto and gold investment scam New York State Police issued an alert this week about callers targeting Twin Tiers residents with fake crypto or gold-bar investment pitches. Troopers said scammers build rapport, direct victims to a website posing as a legitimate investment platform, then drain accounts after victims enter banking or account details. Police said anyone contacted should hang up, avoid sharing information or visiting suggested sites, and call law enforcement if targeted.

07:40 Regulation

AUSTRAC Suspends Cryptolink’s 96 Bitcoin ATMs for Three Months Over Compliance Failures

AUSTRAC suspends Cryptolink’s 96 crypto ATMs for three months Australia’s financial intelligence agency AUSTRAC has suspended Cryptolink’s registration from Aug. 9, taking its 96 Bitcoin ATMs offline for three months over compliance failures. The regulator cited missed threshold transaction reports, an unanswered information request, and ongoing concerns about the company’s handling of high-risk transactions; Cryptolink had previously paid a A$56,340 penalty over alleged reporting and risk assessment failures.

07:13 Regulation

Robinhood begins UK crypto rollout in main app using Bitstamp infrastructure

Robinhood starts UK crypto trading rollout in main app Robinhood has begun rolling out cryptocurrency trading to eligible UK customers, adding more than 50 tokens to its main investing app through Bitstamp, the exchange it bought for $200 million last year. The service launches with zero trading, custody, and account maintenance fees, though users will pay a 0.1% FX fee that rises to 0.3% for some weekend conversions. Bitstamp UK Ltd provides the trading service and is registered with the FCA as a crypto asset service provider.

06:11 Regulation

UK FCA works with banks on standards for tokenized gold in wholesale markets

FCA discusses tokenized gold standards with banks The U.K. Financial Conduct Authority is working with major banks and other market participants on standards for tokenized gold as regulators explore its use as wholesale collateral under existing market rules, including in uncleared OTC derivatives. Sixteen firms are already testing tokenized asset infrastructure in Britain’s Digital Securities Sandbox, and the FCA plans further policy this year on eligibility, ownership, custody and risk.

04:12 Regulation

South Korea Plans Crypto Shareholder Rule Exception for Minor and Vicarious Violations

South Korea FSC plans shareholder rule carveout for crypto firms South Korea’s Financial Services Commission said it plans to revise qualification screening for major shareholders of virtual-asset service providers, creating exceptions so criminal penalties would not automatically disqualify them when they stem from vicarious liability or minor legal violations. The move would align crypto rules with precedents under other finance laws as Seoul tightens shareholder checks for new registrations and three-year renewals.

22:10 Regulation

Brazil Sets 24-Hour Hold for Crypto Withdrawals Above $10,000 From 2027

Brazil to impose 24-hour hold on crypto withdrawals above $10,000 Brazil’s central bank will require crypto providers to delay certain withdrawals and transfers by 24 hours when a single transaction or cumulative daily amount exceeds $10,000, starting Jan. 1, 2027, as an anti-fraud and anti-money-laundering measure. The rule also covers fiat-backed stablecoins, and firms may apply the hold to smaller transfers if they detect fraud risk; after 24 hours, they must approve or reject the transaction and explain any delay.

09:42 Regulation

VALR CEO Says South Africa’s Draft Crypto Rules Could Push Activity Offshore

VALR CEO warns South Africa’s draft crypto rules could drive activity offshore VALR co-founder and CEO Farzam Ehsani said South Africa’s proposed cross-border crypto framework would hurt local digital asset firms and push transactions underground or offshore by restricting corporate cross-border crypto transfers and treating some self-custody wallet inflows as non-permissible. He said the draft from the National Treasury and SARB remains open for public comment until Sept. 30.

09:41 Regulation

Brazil to impose up to 24-hour holds on some crypto transfers from 2027

Brazil orders crypto transfer holds on some overseas and self-custody sends from 2027 Brazil’s central bank will require virtual asset service providers to hold certain crypto transfers for up to 24 hours starting Jan. 1, 2027, targeting fraud risks tied to foreign platforms and self-custody wallets. The rule covers funds received above $10,000 in a single transfer or across a day, as well as other transactions flagged under a provider’s risk policies; firms must notify customers and keep fraud records.

23:10 Regulation

Senate Schedules Sept. 15 Procedural Vote on CLARITY Act

Senate sets Sept. 15 procedural vote for CLARITY Act The U.S. Senate has lined up a potential Sept. 15 cloture vote on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, putting the crypto market structure bill closer to floor debate. The vote would test whether the bill can advance for consideration, not pass it; H.R. 3633 cleared the House 294-134 and the Senate Banking Committee 15-9.

15:55 Regulation

Brazil to Require 24-Hour Hold on Some Crypto Transfers From January 2027

Brazil central bank orders 24-hour hold on some crypto transfers Brazil’s central bank has issued Resolution 584, requiring covered virtual asset service providers to hold transfers above $10,000 for up to 24 hours for fraud checks. The rule applies to transfers to foreign crypto entities and self-custody wallets, including stablecoin transactions, and takes effect on Jan. 1, 2027. After the review, institutions must release or reject the transfer.

06:40 Regulation

IMF says local stablecoins may end up strengthening demand for digital dollars

IMF warns local stablecoins could speed shift into digital dollars IMF First Deputy Managing Director Dan Katz said local-currency stablecoins may end up accelerating adoption of dollar-backed tokens, not reducing reliance on them, because users can swap between both on shared blockchain rails via DEXs, liquidity pools or P2P markets. In a speech in Cape Town, he said users may prefer digital dollars for liquidity, network effects and cross-border acceptance, and urged regulators to bring crypto onramps, offramps and onchain exchange points under supervision.

23:25 Regulation

US Treasury Sanctions Iranian Exchanges Shelbit and Aban Tether

US sanctions Iranian crypto exchanges Shelbit and Aban Tether The US Treasury on Friday sanctioned Iranian crypto exchanges Shelbit and Aban Tether, saying they helped the Islamic Revolutionary Guard Corps evade sanctions and move funds. OFAC also designated Shelbit founder Siavash Kayvanpour and said Shelbit processed over $1 million in crypto and pulled back more than $2 million from IRGC-linked wallets, while Aban Tether facilitated millions of dollars in transactions tied to already sanctioned Iranian platforms.

21:11 Regulation

Senate Pushes CLARITY Act Vote to September as Saylor Says Bitcoin Can Grow Without It

Senate delays CLARITY Act vote to September The US Senate has pushed the CLARITY Act vote to September after the summer recess, with Majority Leader John Thune saying it will be taken up when Congress returns instead of this week. The delay disappointed parts of the crypto industry, but Strategy founder Michael Saylor said Bitcoin “doesn’t need clarity” and can keep growing without the bill, a view also echoed by Bitwise CIO Matt Hougan.

19:11 Regulation

U.S. sanctions Shelbit and Aban Tether in broader Iran crypto enforcement push

US sanctions Shelbit and Aban Tether over Iran crypto flows The U.S. Treasury’s OFAC sanctioned Shelbit Exchange, Iran-based Aban Tether, Siavash Kayvanpour and several linked firms on Friday, saying they helped Iran move money and evade sanctions. Treasury said IRGC-linked wallets sent more than $1 million to Shelbit and received more than $2 million from it, while Aban Tether processed millions in transactions involving sanctioned Iranian exchanges including Nobitex, Wallex, Bitpin and Ramzinex.

17:41 Regulation

South Korea to Apply Travel Rule to All Exchange-to-Exchange Crypto Transfers

South Korea to apply Travel Rule to all exchange-to-exchange crypto transfers Starting Aug. 20, 2026, South Korean VASPs will have to apply Travel Rule requirements to every transfer between regulated platforms, removing the current ₩1 million threshold. The FSC said about 60% of local exchange transfers were below that level, creating an AML gap. Transfers to self-custody wallets are not automatically covered, but exchanges may use risk-based checks and wallet ownership verification.

09:12 Regulation

Dunamu wins one-year contract to hold crypto seized by South Korea’s police

Dunamu wins South Korea police crypto custody contract Dunamu has won a one-year contract to hold digital assets seized by South Korea’s National Police Agency, with the assets to be managed through Upbit Custody after the company topped the public tender’s technical evaluation at 94.14. The move follows a series of custody failures, including the disappearance of 22 BTC from police custody in February.

08:14 Regulation

Upbit to Delist BONK on Sept. 7 After Review, Sending Token to Lowest Level Since 2023

Upbit to delist BONK on Sept. 7 after month-long review Upbit will end trading support for BONK/KRW and BONK/USDT at 15:00 KST on Sept. 7, saying unresolved concerns mean BONK no longer meets its listing standards. The exchange cited an unidentified and unremedied security incident and delayed disclosure of material information; BONK fell to $0.00000255, its lowest since November 2023, after the announcement. Holders can withdraw until Oct. 7.

06:41 Regulation

Thailand’s Crypto Tax Exemption Runs Through 2029, but Only for Licensed Trading Venues

Thailand’s crypto tax break exempts qualifying gains through 2029 Thailand exempts personal income from gains on cryptocurrency and digital-token transfers from Jan. 1, 2025 to Dec. 31, 2029, but only if trades go through digital asset exchanges, brokers or dealers licensed under Thai law. Ministerial Regulation No. 399 took effect in September 2025 and applies retroactively from January, making the policy a targeted incentive for regulated local platforms rather than a blanket 0% crypto tax regime.

05:41 Regulation

Japan’s FSA urges crypto exchanges to add withdrawal delays and anti-scam safeguards

Japan’s FSA asks crypto exchanges to add withdrawal delays Japan’s Financial Services Agency and National Police Agency have asked crypto exchanges to introduce withdrawal delays and tighter account safeguards as scams involving exchange accounts grow. The request includes waiting periods after fiat deposits or crypto purchases, pre-registration of withdrawal addresses, customer-specific withdrawal limits, stronger monitoring and phishing-resistant MFA, but the measures are not binding and exchanges can decide how to apply them.

03:43 Regulation

Philippines Gives Crypto Platforms and Banks 90 Days to Apply for National ID Integration

Philippines orders crypto exchanges and e-wallets to connect to National ID system The Bangko Sentral ng Pilipinas has proposed a rule giving licensed crypto platforms, e-wallet issuers, digital banks and retail banks 90 days to submit applications to integrate customer onboarding with the Philippine Statistics Authority’s National ID Authentication Services. The shift would move KYC from manual ID uploads to real-time database and biometric checks, with alternative IDs allowed if a user has no National ID or the system is down.

00:25 Regulation

Senate Has One Day to Secure Procedural Votes for CLARITY Act Before Recess

Senate faces final pre-recess push on CLARITY Act Backers of the CLARITY Act have one day to line up 60 votes for a procedural Senate step before lawmakers leave Washington for recess, putting the crypto market-structure bill at a critical stage. Stand With Crypto urged supporters to call senators, while Sen. Tim Scott said there is still time to schedule a vote; with Republicans holding 53 seats, at least seven Democrats would need to join.

21:27 Regulation

Circle Says MiCA Rollout Has Left EU Users Without Access to Most Major Stablecoins

Circle urges MiCA review over EU stablecoin access gap Circle’s Senior Director for EU Strategy & Policy, Patrick Hansen, said the EU’s final MiCA rollout has left users “unprotected or cut off” from most major stablecoins, with only USDG, USDC and EURC meeting the rules while issuers including Tether remain outside the framework. He said MiCA has licensed 35 e-money tokens from 21 issuers, but argued the regime now needs revision to stay competitive and bring foreign issuers under EU supervision. The European Commission opened a public consultation on May 20 that runs through Sept. 30 to assess whether the framework, including rules for electronic money tokens, remains fit for purpose.

18:43 Regulation

Switzerland Tightens Crypto Oversight With New FINMA-Supervised SRO Rules for 2026

Switzerland tightens crypto rules under updated SRO model Switzerland has revised its FINMA-supervised Self-Regulatory Organization framework for 2026, forcing crypto exchanges to apply stricter blockchain monitoring, a CHF 0 Travel Rule threshold and stronger custody segregation. Users will face deeper KYC, origin-of-funds checks and may have to prove wallet ownership, while transfers to unverified third-party wallets can be blocked. Exchanges must also keep real Swiss offices and local staff, not shell setups.

14:13 Regulation

Blockchain.com Secures Full Cayman VASP Licence for Custody and Exchange Services

Blockchain.com gets full Cayman Islands VASP custody licence Blockchain.com said the Cayman Islands Monetary Authority granted its subsidiary a definitive VASP custody services licence on July 22, replacing the conditional approval issued in December 2025. The licence lets the company offer regulated custody, crypto-to-fiat and crypto-to-crypto exchange services from the Cayman Islands, expanding its regulated institutional and retail offerings.

08:11 Regulation

Guangdong Draft Plan Calls for Larger Cross-Border Digital Yuan Pilots

Guangdong proposes bigger cross-border digital yuan pilots in free trade zone plan Guangdong has released a draft plan for the China (Guangdong) Pilot Free Trade Zone that would expand cross-border digital yuan payment pilots and other cross-border finance programs, signaling a broader push for financial opening. The proposal follows China’s first cross-border e-CNY payment with Singapore via the upgraded CBETS platform, which settled nearly 10 million yuan in import shipping fees, and is open for public comment until Sept. 5, 2026.

07:41 Regulation

EU Regulators Report Rise in Crypto Scams After MiCA Licensing Shift

EU regulators warn of crypto impersonation scams after MiCA deadline European regulators have reported a rise in scams targeting crypto users moving funds after the EU’s MiCA transition ended on July 1. The Financial Times said fraudsters have posed as watchdogs including France’s AMF and ESMA, as well as licensed firms, using fake websites, logos and forged documents to trick users into transferring assets. ESMA’s register listed 323 MiCA-authorized firms at the end of July.

03:56 Regulation

Myanmar Approves Anti-Scam Law With Life Terms for Crypto Fraud Bosses

Myanmar passes anti-online scam law with life terms for crypto scam bosses Myanmar’s new Anti-Online Scam Bill makes running online scam centers and digital currency or cryptocurrency investment schemes punishable by life imprisonment, while forcing people to work in scam operations through violence or unlawful detention carries 10 years to life. Lower House MP Aye Chan said the approved bill kept a mandatory death penalty when such abuse leads to a victim’s death.

03:55 Regulation

SEC launches accounting fraud unit as crypto oversight shifts toward disclosure rules

SEC creates accounting enforcement unit as crypto policy shifts to rulemaking The SEC has launched a Financial Reporting and Accounting Unit inside its Division of Enforcement to pursue accounting fraud, disclosure violations, and misconduct by auditors and accountants. Led by Timothy Zimmerman, the move comes after Cornerstone Research said SEC accounting and audit actions fell 68% in 2025, and it signals closer scrutiny of public-company disclosures, including at crypto firms with staking, custody, and stablecoin exposure.

03:10 Regulation

Putin Signs Russia’s First Broad Law Regulating the Crypto Market

Putin signs Russia’s first broad crypto market law Russia has adopted its first comprehensive crypto market framework after President Vladimir Putin signed a law covering exchanges, custodians, brokers, clearing firms and investors. Retail investors will be limited to 300,000 rubles a year in highly liquid crypto through each intermediary, while qualified investors face no cap; exchanges must hold at least 15 million rubles in capital, register with the state and join a financial-market SRO. Crypto remains banned for domestic payments, but will be allowed for cross-border foreign trade settlements. The law takes effect on Sept. 1, with some rules phased in through 2027.

01:41 Regulation

US and UK Step Up Joint Work on Crypto Rules, Stablecoins and Tokenized Markets

US and UK deepen joint push on crypto rules and tokenized markets US and UK regulators said they are expanding coordination on digital asset rules, tokenization and payment modernization after a July 8 working group meeting in London, signaling a broader drive to cut cross-border friction between the two markets. The Aug. 4 joint statement said discussions covered stablecoins, with US officials updating peers on GENIUS Act implementation and UK officials outlining their Wholesale Financial Markets Digital Strategy.

00:40 Regulation

South Korea Plans State Asset Status for Seized Bitcoin and Fast-Track Auctions

South Korea to classify seized crypto as state assets and auction it South Korea said Aug. 6 it will revise the State Property Act to formally classify virtual assets such as Bitcoin obtained through criminal forfeiture or donations as state assets, giving the government a legal basis to custody and sell them, in principle immediately after acquisition. The draft bill is due by year-end; state crypto holdings were about 78 billion won ($56.3 million) as of April.

21:11 Regulation

Bitwise Says CLARITY Delay Would Not End US Crypto Rulemaking

Bitwise says CLARITY Act miss this week wouldn’t end crypto regulation Bitwise CIO Matt Hougan said the CLARITY Act may miss this week’s window, as senators must file cloture by Aug. 5 for a vote before the chamber leaves for recess on Aug. 7. He said failure now would likely push the bill into a “walking dead” phase, with another shot in September or a December omnibus package, while the SEC could still move on similar rules in the meantime.

14:11 Regulation

India Extends Global Tax Reporting Rules to Crypto and Other Digital Assets

India brings crypto under global tax reporting rules India has expanded its tax reporting framework to cover cryptocurrencies, CBDCs and other digital assets under FATCA and the Common Reporting Standard, requiring banks, mutual funds, insurers, custodians and other financial institutions to report crypto-linked accounts alongside traditional assets. The new rules also tighten compliance, including enhanced reviews for accounts holding more than $1 million.

10:41 Regulation

Taiwan proposes Travel Rule for all domestic crypto platform transfers from October

Taiwan proposes Travel Rule for all domestic crypto platform transfers Taiwan’s Financial Supervisory Commission has proposed requiring all domestic virtual asset service providers to share customer information on every platform-to-platform crypto transfer starting in October. Transfers above NT$30,000 would need extra sender identification, while receiving platforms must verify beneficiary details. The FSC will take public comment for 30 days and plans to extend the rules to cross-border VASP transfers by the end of 2027.

08:49 Regulation

Japan FSA Creates Standalone Crypto and Stablecoin Division From Aug. 7

Japan FSA sets up standalone Cryptocurrency and Stablecoin Division Japan’s Financial Services Agency will launch a dedicated Cryptocurrency and Stablecoin Division on Aug. 7, creating an independent department to oversee crypto supervision, financial innovation and digital payment policy under one roof. The move follows recent amendments to the Financial Instruments and Exchange Act that reclassified crypto assets as financial instruments and added insider trading, transparency and stricter registration rules.

08:45 Regulation

ESMA Adds 12 Firms to MiCA Register, Taking EU CASP Total to 321

ESMA adds 12 firms to MiCA register, flags 3 more as non-compliant ESMA’s latest MiCA update added 12 companies to its register, lifting the total number of authorized crypto-asset service providers in the EU to 321 as of July 31. The new entries include three German cooperative banks, two firms in Spain and four in France. ESMA also added Cervo Rendisco, Flandenzo and Corona Fondenza to its non-compliant register after a flag from Italy’s CONSOB, bringing that list to 167.

07:42 Regulation

Senators and Tribal Leaders Seek Clarity Act Changes on Sports Prediction Markets

Senators, tribal leaders seek Clarity Act changes on sports prediction markets Senators and tribal gaming leaders are pushing to amend the Clarity Act so sports and casino-related prediction markets stay under state and tribal gaming laws, not CFTC oversight. At a Senate Indian Affairs Committee roundtable, Indian Gaming Association Vice Chairman Tehassi Hill said the bill should explicitly block “sports and casino gambling through prediction markets” from bypassing state rules and the Indian Gaming Regulatory Act.

21:58 Regulation

Senate Democrats Signal They Could Block CLARITY Act Cloture Vote

Senate Democrats threaten to block CLARITY Act procedural vote Senate Democrats have reportedly reached a broad consensus to oppose cloture on the CLARITY Act unless negotiators make progress on ethics restrictions, illicit finance rules and stablecoin yield. That puts the bill at risk because Republicans hold 53 seats and need at least seven Democratic votes to reach the 60 needed to end debate, while no cloture motion had been filed on H.R. 3633 as of Tuesday.

20:25 Regulation

US and UK Renew Crypto Policy Coordination After London Regulatory Meeting

US and UK regulators deepen coordination on stablecoins and digital assets US and UK regulators used a July 8 London meeting to reaffirm closer coordination on digital asset oversight, with US officials briefing their counterparts on implementation of the GENIUS Act stablecoin law, digital asset market structure work, payment modernization and the G20 cross-border payments roadmap. An Aug. 4 joint statement said the talks also covered tokenization and the UK’s Wholesale Financial Markets Digital Strategy.

20:11 Regulation

India Updates Tax Reporting Rules to Include Crypto Under OECD CARF Standards

India expands tax reporting rules to cover crypto under OECD framework India’s Central Board of Direct Taxes has updated the country’s global tax reporting rules to explicitly include crypto-assets, CBDCs and certain digital money products, aligning them with the OECD’s Crypto-Asset Reporting Framework. Crypto exchanges and other service providers will have to identify users, determine tax residency, keep transaction records and report to the Income Tax Department, with cross-border information sharing under CARF set to start in 2027.

17:11 Regulation

FinCEN Fines UBS $125 Million in Record AML Case Against a Broker-Dealer

FinCEN hits UBS with record $125M AML penalty FinCEN fined UBS Financial Services $125 million for willful Bank Secrecy Act violations, the largest civil AML penalty ever imposed on a broker-dealer. Regulators said UBS failed to monitor more than 50,000 foreign currency wires worth over $10 billion and did not properly vet high-risk clients tied to Russia and Latin America, despite a 2018 $14.5 million penalty for similar issues. UBS said it cooperated and invested in its AML program.

08:41 Regulation

South Korea to Open Dedicated Virtual Asset Crime Division Within New Seoul Office

South Korea to launch dedicated crypto crime unit on October 2 South Korea will set up a Virtual Asset Joint Investigation Division inside the new Seoul Metropolitan Serious Crimes Investigation Office when the agency launches on October 2, moving crypto crime probes from the Seoul Southern District Prosecutors’ Office. The unit will sit under the Financial Crimes Investigation Bureau and include staff from agencies such as the Financial Services Commission and National Tax Service.

07:56 Regulation

Nigeria issues crypto tax rules for exchanges and P2P platforms

Nigeria orders crypto platforms to withhold and remit taxes in some tokens Nigeria’s revenue agency has issued virtual asset tax guidelines that make exchanges and P2P marketplaces collect, report and remit taxes under existing law, with income tax withheld at source and stamp duty payable in the originating token. The rules set a 1% withholding tax on taxable crypto, security token and some NFT disposals, 10% on staking, mining, airdrops and DeFi, and 1.5% stamp duty on token-fiat transfers; stablecoin sales are exempt from the 1% withholding.

02:56 Regulation

Senate Faces Four-Day Window on CLARITY Act as White House Reviews Ethics Proposal

Senate has four days to move CLARITY Act before August recess The Senate has four scheduled session days left, from Aug. 4 to Aug. 7, to advance the CLARITY Act before recess as the White House reviews an ethics counterproposal from Sens. Thom Tillis and Ruben Gallego. The unresolved ethics language is one of the last major sticking points in the bipartisan crypto market-structure bill, which could require 60 votes to clear procedural hurdles.

21:27 Regulation

Robinhood Gains FCA Crypto Registration for UK Entity Ahead of 2027 Rule Changes

Robinhood wins FCA crypto registration for its UK entity Robinhood U.K. Ltd has been added to the FCA’s register of cryptoasset firms, clearing it to offer crypto services in the UK under the current anti-money laundering framework. The approval gives Robinhood an operating base ahead of the country’s broader crypto regime, with applications opening in September 2027 and the new rules taking effect on Oct. 25, 2027.

09:58 Regulation

Bitget begins Japan withdrawal after regulatory warnings, sets November and year-end deadlines

Bitget starts Japan exit, sets November restrictions and year-end position closures Bitget has stopped new account registrations for residents of Japan and will begin restricting existing accounts from Nov. 1, with any open positions still on Dec. 31 to be closed automatically. Users misidentified as Japan residents must complete Level 2 identity verification, including address verification, before Nov. 1 or face the same limits. The move follows warnings from Japan’s Financial Services Agency and the Kanto Local Finance Bureau over operating without local authorization.

05:56 Regulation

SEC Sets Aug. 24 Comment Deadline in Review of Nasdaq Bitcoin Index Options

SEC keeps Nasdaq Bitcoin index options on hold after CME review petition The SEC has stayed Nasdaq PHLX’s approved launch of cash-settled QBTC Bitcoin index options after granting CME Group’s request for a full Commission review of whether the product falls under CFTC, not SEC, jurisdiction. Written statements supporting or opposing the approval are due by Aug. 24, 2026, while the May 22 approval remains paused pending a new SEC order.