UK Parliament begins inquiry into banking chokepoint for crypto businesses
The UK’s Crypto and Digital Assets AllParty Parliamentary Group (APPG) is focused on banks that refused crypto firms accounts or introduced restrictions on…
Patrick Witt defers military training as CLARITY heads to Senate
The decision keeps the administration’s chief crypto policy negotiator in place during what could be a decisive few weeks for the CLARITY Act.…
Brazil’s securities regulator sets up task force with 60-day deadline for tokenization proposal
The framework will address critical issues like official ownership records, private key custody, transaction reversibility and system liability. Source：CoinDesk
The GENIUS Act turns 1: State of Crypto
The stablecoinfocused GENIUS Act became a law a year ago. Source：CoinDesk
France orders country's internet service providers to block Polymarket
The regulator cited concerns over addictive mechanics, a lack of selfexclusion tools, and a high volume of French users bypassing previous financial…
U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried
The nonbinding resolution passed without objection after BankmanFried asked for clemency, months after Trump pardoned other major crypto figures, including…
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing stateowned real estate. Source：CoinDesk
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.…
Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to…
The Clarity Act isn't a ticket to sanctions evasion, actually
The bill, as currently drafted, has the power to stop sanctions evasion at scale, argues Ari Redbord, global head of policy at TRM Labs. Source：CoinDesk
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools.…
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report. Source：CoinDesk