Bybit suspends new Japanese accounts ahead of stricter FSA rules
From October 31, 2025, Bybit will not be accepting new user sign-ups in Japan. Japan’s FSA plans to classify crypto assets as financial products. Japan is weighing allowing banks to…
Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court
Madras High Court confirms crypto can be owned and held in trust. WazirX has been barred from redistributing investors’ unaffected XRP holdings. Ruling strengthens investor rights and Web3 governance in…
Crypto firms in Britain may face new FCA proposals on conduct rules
UK’s FCA proposes easing 4 core rules for crypto firms while stressing strong operational safeguards. Regulator cites $1.5B Bybit hack to justify tougher cyber resilience rules despite lighter principles. Crypto…
Best crypto to buy now as SEC scraps Biden era proposed crypto rules
The US SEC has rescinded a series of proposed rules introduced under the previous administration. With the regulatory scenario improving, projects like Bitcoin Pepe stand to gain. Bitcoin Pepe’s presale…
UK confirms crypto tax data rules under CARF; first deadline set for May 2027
CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with…
Coinbase CEO pushes for US stablecoin rules as Senate weighs GENIUS Act
A three-year compliance period is proposed for digital asset firms. Democrats raise concerns about national security and money laundering. Crypto leaders say the US risks falling behind Europe and Asia…
‘Floor is lava’: SEC’s Peirce slams murky US crypto rules, calls for clarity
SEC’s Peirce likens navigating unclear US crypto rules to “floor is lava.” Peirce flags uncertainty over asset classification and staking compliance. Commissioner Uyeda calls for broader crypto custody options (e.g.,…
US Judges Demand Explanation from SEC for its Refusal to Set Clear Crypto Rules
A three-judge panel from the U.S. Court of Appeals for the Third Circuit has demanded the SEC explain why it did not respond to Coinbase’s requests for clear regulations. A…
Netherlands seeks public feedback on crypto tax reporting rules
Netherlands has invited public comments on a new draft bill on crypto tax reporting expected to align local rules with European Union regulations. The public can share opinions and comments…
Judge rules Tornado Cash co-founder will face trial for money laundering
Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The…