Tagged: regulation

August 10, 2026 @ 11:08 pm By Omar Faridi  |  

Thailand’s government has introduced a temporary tax relief measure designed to support cryptocurrency activity within its regulated financial system. The Finance Ministry confirmed that capital gains arising from crypto trading will be exempt from tax for a five-year period running from 1 January 2025 to… Read More

August 8, 2026 @ 11:25 am By Omar Faridi  |  

The Federal Deposit Insurance Corporation (FDIC) is advancing plans to create an independent organization dedicated to developing and applying uniform benchmarks for third-party vendors that supply services to banks. Working alongside banking and financial technology industry groups, the agency aims to establish a body that… Read More

August 8, 2026 @ 11:23 am By Omar Faridi  |  

Strategy’s (NASDAQ:MSTR) Michael Saylor asserts Bitcoin can progress independently as the U.S. Senate postpones a vote on the CLARITY Act. Michael Saylor, executive chairman of Strategy Inc., the publicly traded company formerly known as MicroStrategy and the largest corporate holder of Bitcoin, has drawn a… Read More

August 6, 2026 @ 9:23 am By Omar Faridi  |  

Russian President Vladimir Putin has formally approved legislation creating the nation’s first comprehensive rules governing the circulation of digital currencies and digital rights. The measure, signed on August 4, 2026, establishes clear operational standards for a range of market participants, including cryptocurrency exchanges, digital asset… Read More

August 6, 2026 @ 1:13 am By Omar Faridi  |  

Tribal gaming regulators and members of Congress are pressing for specific language in the pending CLARITY Act to prevent prediction markets from offering sports and casino-style contracts outside existing state and tribal oversight. The call came during a Senate Committee on Indian Affairs roundtable held… Read More

August 4, 2026 @ 3:13 pm By Omar Faridi  |  

A Dubai-based cryptocurrency platform with ties to Iranian interests has been reported to have transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate… Read More

July 29, 2026 @ 5:32 pm By Omar Faridi  |  

A bipartisan alliance of attorneys general from 44 states has formally challenged the Commodity Futures Trading Commission’s (CFTC) efforts to oversee sports-linked prediction markets, asserting that the agency possesses no legal power to do so. In a detailed comment letter submitted as the public feedback… Read More

July 27, 2026 @ 2:42 pm By Omar Faridi  |  

Ongoing efforts sharply focused on advancing more comprehensive cryptocurrency / blockchain market structure legislation in the US Senate have encountered significant new resistance over ethics rules that are intended to limit financial conflicts involving senior government officials and digital assets. Lawmakers from both parties are… Read More

July 27, 2026 @ 2:12 am By Omar Faridi  |  

Efforts to advance major cryptocurrency legislation in the US Senate are encountering significant timing obstacles as lawmakers approach their summer break. Senate Majority Leader John Thune has indicated limited confidence in securing full passage of the Digital Asset Market CLARITY Act, commonly referred to as… Read More

July 22, 2026 @ 10:22 pm By Omar Faridi  |  

Russia’s lower house of parliament has introduced and advanced legislation aimed at establishing a comprehensive regulatory framework for cryptocurrencies. The move reflects the country’s evolving stance on digital currencies, balancing innovation, economic utility in international trade, and strict oversight to mitigate risks for ordinary citizens…. Read More

July 21, 2026 @ 8:38 am By Omar Faridi  |  

French gambling authorities took decisive action in order to cut off access to a major international prediction trading platform. On July 16, the president of the Autorité Nationale des Jeux (ANJ) instructed domestic internet service providers to block the site entirely, citing its promotion of… Read More

July 20, 2026 @ 10:02 pm By Omar Faridi  |  

Tether‘s stablecoin, USDT, is navigating increased scrutiny under evolving US stablecoin regulations, with a looming compliance window that could reshape its availability on US based digital asset trading platforms. And as the cryptocurrency industry matures in 2026, federal lawmakers have introduced structured oversight to promote… Read More

July 19, 2026 @ 6:16 pm By Omar Faridi  |  

Federal banking and financial regulators have allowed the statutory one-year period for completing implementing regulations under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to lapse without delivering finalized rules. July 18, 2026—one year after the law’s enactment—passed without the full set… Read More

July 15, 2026 @ 1:28 am By Omar Faridi  |  

South Korea is taking significant steps to modernize its approach to public asset oversight by incorporating emerging digital assets. The Ministry of Economy and Finance is preparing draft legislation to create a unified basic law for managing state-owned properties, explicitly extending its coverage to innovative… Read More

July 14, 2026 @ 9:11 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has released a comprehensive Dear CEO Letter to licensed reinsurance and insurance companies, reinforcing its commitment to rigorous financial monitoring and higher standards across the industry. Dated July 9, 2026, the communication clarifies the regulator’s methods for evaluating ongoing… Read More

July 13, 2026 @ 2:39 am By Omar Faridi  |  

The European Securities and Markets Authority (ESMA) has announced a comprehensive EU-wide supervisory initiative aimed at strengthening the digital operational resilience of crypto-asset service providers, particularly those involved in custody activities. This move underscores the regulator’s commitment to addressing emerging risks in the fast-growing digital… Read More

July 13, 2026 @ 12:37 am By Omar Faridi  |  

Elliptic has pointed out that on July 1, 2026, the transitional arrangements under the European Union’s Markets in Crypto-Assets regulation (MiCA) officially conclude. This development represents a major shift for the cryptocurrency sector, as full authorization becomes mandatory for any crypto-asset service provider serving clients… Read More

July 12, 2026 @ 6:07 am By Omar Faridi  |  

The United Kingdom’s financial authorities are set to implement a landmark supervisory framework starting next week, marking the first direct regulatory scrutiny of major technology and service suppliers that form the backbone of the country’s financial infrastructure. The Bank of England, Prudential Regulation Authority (PRA),… Read More

July 11, 2026 @ 3:50 pm By Omar Faridi  |  

A comprehensive bipartisan bill designed to tackle America’s persistent housing affordability challenges has officially become law without President Donald Trump‘s official signature. The legislation, known as the 21st Century ROAD to Housing Act, cleared both chambers of Congress with strong support earlier in the summer… Read More

July 10, 2026 @ 12:32 pm By Omar Faridi  |  

Predictions markets platform Polymarket has taken formal steps to introduce margin trading under US regulatory oversight. This development could enable participants to engage in event-based contracts with reduced upfront capital requirements, potentially drawing in a broader range of institutional and experienced traders seeking more flexible… Read More