South Korea lawmakers mull pushing crypto tax implementation to 2029
The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US…
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.…
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source：CoinDesk
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source：CoinDesk
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…
UK banks face 10,000 complaints in 3 months over crypto restrictions
The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major…
U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO
Apex Group CEO Peter Hughes warned that the failure of the U.S. Clarity Act will drive digital asset businesses toward fastermoving jurisdictions in Asia and…
Bitcoin Core changes security rules as AI makes finding code bugs dangerously easy
Developers merged a policy change that ends the monthslong embargo for flaws a chatbot could rediscover, after a summer in which AI found hundreds of bitcoin…
Bitcoin Core changes security policy as AI makes bugs easier to find
Bitcoin Core says keeping certain vulnerabilities secret no longer offers much protection in the wake of AIassisted bug hunting. Source：Cointelegraph
Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm
Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the exWhite House crypto adviser to his list of crypto…
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another…
The UK needs a workable route to regulated DeFi access
The UK’s 2027 crypto rules risk a de facto ban on regulated firms providing access to DeFi, argues Coinbase’s European policy head Katie Harries.…