Politics, Legal & Regulation

August 17, 2026 @ 12:11 am By Michael Wong  |  

PwC Nigeria has said Nigeria’s new tax guidelines for virtual assets provide welcome clarity but leave practical and legal uncertainties that could complicate compliance for taxpayers and service providers. In a tax alert titled “Taxing the intangible: A critical analysis of the NRS guidelines on… Read More

August 15, 2026 @ 11:39 pm By Omar Faridi  |  

Ireland has unveiled its inaugural national strategy to combat money laundering, terrorist financing, and proliferation financing, with a particular emphasis on tightening controls within the cryptocurrency sector. Announced on 13 August 2026 by Tánaiste and Minister for Finance Simon Harris, the National Anti-Money Laundering, Countering… Read More

August 15, 2026 @ 10:37 pm By Omar Faridi  |  

Cboe BZX Exchange, which is part of Cboe Global Markets (Cboe: CBOE), has submitted a formal request to the US Securities and Exchange Commission (SEC) seeking authorization to list and trade a new series of leveraged exchange-traded funds, including products designed to deliver three times… Read More

August 15, 2026 @ 9:13 pm By Omar Faridi  |  

France’s tax administration has acknowledged a cybersecurity incident that allowed unauthorized access to sensitive taxpayer records. The breach, which occurred in late June 2026, involved the extraction of personal and financial data belonging to both individuals and businesses. The French Ministry of the Economy and… Read More

August 15, 2026 @ 9:12 pm By Omar Faridi  |  

Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to halt processing of transactions linked to HTX (formerly Huobi) and several other digital asset platforms. The decision stems from the need to comply with evolving regulatory requirements, particularly those tied to the European… Read More

August 15, 2026 @ 8:37 pm By Omar Faridi  |  

Bitcoin treasury firm Strategy (NASDAQ:MSTR), which is led by tech billionaire Michael Saylor and formerly known as MicroStrategy, has publicly opposed a fresh proposal from index provider MSCI that could force its removal from major global equity benchmarks. Digital assets are assets. Index providers should measure… Read More

August 15, 2026 @ 6:40 pm By Omar Faridi  |  

Arizona residents who fell prey to cryptocurrency ATM scams have begun reclaiming their funds thanks to a state consumer protection measure. Attorney General Kris Mayes recently revealed that her office has assisted 35 individuals in securing complete reimbursements amounting to $171,332. These recoveries stem from… Read More

August 15, 2026 @ 2:42 pm By Omar Faridi  |  

Kalshi, one of the largest US prediction markets platforms, has reportedly removed its sports-related “mention markets” following the launch of a review by the Commodity Futures Trading Commission (CFTC) into this category of contracts. The agency is examining whether these markets are particularly vulnerable to… Read More

August 14, 2026 @ 4:16 pm By Press Release  |  

This post was originally published on SEC.gov

August 14, 2026 @ 1:33 pm By Omar Faridi  |  

A King County Superior Court judge has ordered the prediction market platform Kalshi to halt most of its offerings available to users in Washington state. The ruling stems from a finding that the company likely breached the Washington Gambling Act along with the Consumer Protection Act by conducting… Read More

August 14, 2026 @ 12:55 pm By JD Alois  |  

HTX, formerly Huobi, was a prominent crypto exchange that Justin Sun took control of in 2022. In 2023, a series of events caused Huobi to rebrand as HTX. More recently, HTX has faced sanctions allegations over activity in Russia. In May, the Financial Conduct Authority (FCA… Read More

August 14, 2026 @ 10:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its annual update to the Bank Accounting Advisory Series (BAAS). The BAAS contains staff responses to frequently asked questions from the banking industry and bank examiners on… Read More

August 14, 2026 @ 9:10 am By Omar Faridi  |  

Baltimore City has initiated legal action against leading prediction market operators, arguing that their sports-related offerings amount to unauthorized gambling that harms local consumers. On August 13, 2026, Mayor Brandon Scott and the City Council filed separate complaints in Baltimore City Circuit Court targeting Kalshi… Read More

August 14, 2026 @ 8:41 am By JD Alois  |  

The Securities and Exchange Commission has postponed today’s open meeting of the Commission, scheduled to address new rules for digital assets, also known as Regulation Crypto Assets. The meeting was apparently canceled because of a scheduling conflict and is expected to be revisited later. The agenda… Read More

August 14, 2026 @ 8:21 am By Omar Faridi  |  

Citigroup (NYSE: C) CEO Jane Fraser has indicated that she would welcome the passage of key US cryptocurrency legislation, describing a well-crafted version as beneficial for the overall financial system. Speaking during an interview on Fox Business, she made clear that while her institution continues… Read More

August 13, 2026 @ 8:39 pm By Omar Faridi  |  

The Blockchain Association has stepped forward to support Custodia Bank in its bid for US Supreme Court review of a long-running dispute with the Federal Reserve over access to a master account. In an amicus brief filed this week, the crypto industry group urges the… Read More

August 13, 2026 @ 4:32 pm By Press Release  |  

This post was originally published on SEC.gov

August 13, 2026 @ 3:50 pm By JD Alois  |  

The American Fintech Council (AFC) has issued a statement calling for risk-based artificial intelligence (AI) regulation in financial services. The AFC was responding to a request from House Financial Services Committee Ranking Member Maxine Waters. The AFC urged Congress to “pursue a unified, risk-based, and context-specific… Read More

August 13, 2026 @ 11:54 am By JD Alois  |  

The US Department of the Treasury, Financial Crimes Enforcement Network (FinCEN), has reversed requirements that mandated individuals to report beneficial ownership in companies. The final rule will become effective after it is published in the Federal Register. The rule adopts what was proposed this past… Read More

August 13, 2026 @ 10:09 am By JD Alois  |  

Tomorrow the Commission will meet ot discuss, and potentially approve, “Regulation Crypto.” An open meeting is scheduled for August 14 at 10 AM ET. According to the agenda, the Securities and Exchange Commission (SEC), Division of Corporation Finance, will present new rules for a bespoke… Read More