France budget rejection sidelines stablecoin tax, wallet reporting
Three adopted amendments, including stablecoin taxation and selfcustody reporting, fall away but could be reintroduced in the Senate. Source：Cointelegraph
Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities
Crypto firms must collect customer and transaction data from 2027, with Hong Kong sharing the information with overseas tax authorities from 2028.…
OpenAI says its AI can break into Linux at scale. Here's what it means for crypto
OpenAI says its AI found 948 Linux flaws and wrote a working attack for each one. Crypto security voices say decentralization leaves the industry better placed…
Crédit Mutuel Arkéa resumes operations after attack, assesses losses
The bank said customer funds were unaffected after attackers accessed its systems through a service provider’s platform. Source：Cointelegraph
The pile of lawsuits against Kalshi just grew by one
Arkansas has accused the prediction market of running illegal gambling, joining Utah and several other U.S. states that have filed criminal or civil charges.…
‘Lawyer up’: Democrats target Trump, Big Tech after midterm sweep
Democrats wasted little time after their midterm victory, warning tech CEOs to prepare for subpoenas and signaling fresh investigations into Trump’s business…
Mercado Bitcoin says phased reopening to begin Monday, will cover losses
Customers will initially be able to view their holdings, while withdrawals and trading remain suspended pending security checks. Source：Cointelegraph
Tokenization and stablecoins may weather Democrats' sweep as broader crypto rules face uncertainty
Wall Street's push to bring finance onto blockchain rails may continue under existing laws, though the SEC and CFTC face tougher oversight and questions over…
Crypto's Washington hopes fade, but Grayscale and BlackRock see growth ahead
The asset manager says global demand and institutional adoption will sustain the industry despite a political setback, while BlackRock sees little impact on…
BitMart founder says security team ‘severely understaffed’ after new hack
The crypto exchange’s founder warned of security staffing shortages amid restructuring as analysts flagged suspicious transfers potentially linked to the…
Crypto PACs eye 2028 “new map” as Democrats take Congress
Crypto super PACs spent more than $176 million on the midterms, but the Democratic sweep raises the prospect of tougher industry scrutiny. Source：Cointelegraph
Qualcomm’s stock falls as twin forces pressure sales
Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand. Source：MarketWatch