

A U.S. federal judge dismissed a lawsuit against Binance, stating that plaintiffs could not prove that the exchange knowingly facilitated terrorist activities. The case, involving over 500 victims related to attacks from 2017 to 2024, highlighted challenges in establishing liability for cryptocurrency platforms. Meanwhile, U.S. crypto legislation stalled due to disagreements over stablecoin rewards, reflecting…

A federal court has blocked Binance’s attempt to push token-sale lawsuits into arbitration, allowing investors to proceed in federal court. Turkey has proposed a new tax framework for cryptocurrencies, including a 10% tax on gains. A court dismissed liability claims against Uniswap, emphasizing the liability distinction for decentralized platforms. Kraken’s banking arm gained access to…

Stablecoins, previously operating in a regulatory gray area, are facing a potential shift towards a comprehensive federal supervisory framework following a proposed rule from the Office of the Comptroller of the Currency (OCC). This rule, part of the GENIUS Act, would require issuers to be designated as “Permitted Payment Stablecoin Issuers,” effectively regulating them like…

The Clarity Act has a high likelihood of passing soon, according to Ripple’s CEO, with key components debated, particularly around stablecoin structures. A March 1 deadline set by the White House aims to resolve these issues, potentially facilitating comprehensive digital asset legislation. The SEC has eased capital treatment for certain stablecoins, enhancing their appeal for…

The CFTC has formed a 35-member Innovation Advisory Committee to advise on how emerging technologies interact with derivatives markets. Treasury Secretary Scott Bessent is advocating for the Clarity Act to stabilize cryptocurrency regulations. The UK’s FCA is pushing to block access to HTX for unauthorized promotions, while the CFTC asserts its jurisdiction over prediction markets.…

Former SafeMoon CEO Braden Karony has been sentenced to over eight years in prison for defrauding investors, underscoring U.S. legal consequences for crypto fraud. Meanwhile, EU lawmakers are backing the digital euro to modernize the financial system, while Polymarket and Coinbase are engaged in lawsuits challenging states’ regulation of prediction markets as gambling. Additionally, the…

In Paul Atkins’ speech, “The SEC’s Approach to Digital Assets,” he indicates a shift in the SEC’s regulatory stance, from strict enforcement to embracing digital asset innovation while prioritizing market integrity. He introduces a taxonomy for digital assets, distinguishing between securities and non-securities based on their functionality. Atkins highlights that tokens might evolve from investment…

Acting CFTC Chairman Caroline D. Pham outlined a regulatory strategy for digital assets during her speech to the UK All-Party Parliamentary Group on Blockchain Technology. Emphasizing the importance of leveraging existing frameworks, she introduced initiatives like the Crypto Sprint, committed to engaging directly with market participants, and highlighted the need for coordination with international regulatory…

Polymarket has secured CFTC approval to relaunch in the U.S. after three years, following its acquisition of QCEX. The CFTC granted a no-action letter allowing QCX and QC Clearing to bypass certain reporting rules for event contracts. This marks a significant regulatory shift recognizing prediction markets as legitimate financial instruments, enhancing competition in the sector.

The SEC and CFTC’s joint statement clarifies that registered exchanges can facilitate trading in certain spot crypto-asset products, promoting regulatory clarity and market innovation. While not binding, it encourages compliance and proactive engagement from exchanges. This marks a shift toward supportive regulation in the U.S. crypto landscape, focusing on investor protection and market integrity.