Crypto-backed super PAC Fairshake suffered a major political setback after Democrat Sherrod Brown won his Ohio Senate race despite facing approximately $56 million in opposition spending.
The CLARITY Act's failure highlights the complex interplay between political interests and regulatory efforts in the evolving crypto landscape.
Some Bybit sellers in Paraguay ask 13% above the official dollar rate for USDT after the central bank froze Ueno Bank and its 2.94 million customers.
Ripple-backed Evernorth has registered up to 73.7 million shares for potential resale, raising concerns about additional selling pressure on its stock. Major investors named in the SEC filing include Ripple Labs, Arrington XRP Capital, SBI Holdings, and a trust linked to Ripple co-founder Chris Larsen.…
The NBU's opposition highlights the tension between embracing innovation and maintaining control over national financial systems, impacting regulatory strategies.
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote.
The SkyBridge founder said disputes over ethics restrictions also stalled negotiations, with both sides responsible for the setback.
South Korea plans to push back its cryptocurrency tax by another two years, moving the proposed implementation date from January 2027 to January 2029.
Bitget recently announced the launch of the Open Custody Network (OCN). It is a new offering that aims to facilitate a connection between external custodians and banks and the Bitget crypto trading platform.
Thailand's SEC filed a criminal complaint against Bitget's operator over alleged unlicensed trading and plans to block its website and app from December 5.
Donald Trump's crypto businesses could soon face congressional investigations. Following the Democratic Party's victory in the November 3, 2026 midterm elections, lawmakers are preparing to examine the president's financial ties to digital assets.
South Korea’s crypto tax delay could become an encouraging development for Bitcoin investors as the government seeks to postpone its planned cryptocurrency gains tax for another two years.
Prosecutors say Ryan Roach and a co-defendant targeted U.S. universities with supercomputers, stealing logins and secretly mining crypto.
Seller GMO Internet has pushed the planned share transfer to Nov. 30 while it works through Thai regulatory procedures.
South Korea wants to delay its tax on cryptocurrency gains by two years to 2029. Finance Minister Lee Hyoung-il announced the decision and acknowledged that the constant delays are a bad look for the government’s credibility.
Thailand’s SEC filed a criminal complaint against Bitget’s operator, with access to its website and app set to be blocked from Dec. 5.
Western Union has a costly problem. Billions of dollars can move through its global payment network, but some of its capital must sit idle in bank accounts, waiting for customers to send money. The 175-year-old remittance giant believes stablecoins could change that.
South Korea plans to delay its 22% tax on cryptocurrency gains by another two years, moving the planned implementation date from 2027 to 2029.
Without a $197.3 million accounting gain on the bitcoin it holds, the Eric Trump co-founded miner would have lost about $70 million before taxes, as output, revenue and margins slipped from the second quarter.
Bybit listings show a sharp gap between buying and selling USDT, while Paraguay’s central bank prepares deposit-guarantee payments for Ueno savers.
South Korea has delayed its planned cryptocurrency gains tax for the fourth time, pushing the start date back to 2029 from January 2027. The latest postponement gives the government another two years to prepare the tax system, while crypto investors will have to wait longer…
France’s National Assembly has rejected the revenue section of its proposed 2027 budget, removing several cryptocurrency tax and reporting amendments from the version of the legislation heading to the Senate. The November 4 vote saw 458 lawmakers oppose the revenue…
Hong Kong’s Legislative Council passed a crypto tax-reporting bill on Nov. 4, 2026. Covered crypto providers must start collecting user information on Jan. 1, 2027. The Inland Revenue Department will begin sharing the data with partner jurisdictions in 2028.
South Korea plans to delay its 22% cryptocurrency gains tax until 2029, giving investors two more years of tax relief as regulators refine the framework.
The removal of the crypto reporting rule highlights ongoing challenges in balancing regulatory oversight with privacy in self-custody practices.
Democrats won control of both the House and Senate, and the new Congress takes office in January. Rep. Robert Garcia told the Trump family to “lawyer up” as Democrats plan oversight probes. TD Cowen expects Democrats to investigate Trump-family-run World Liberty Financial.
Crypto PAC Fairshake won 29 of 34 decided races, according to Reuters’ November 4 report. More than $60 million in crypto spending failed to stop Sherrod Brown from winning in Ohio.
The company behind Cash App is set to pay $764 million to end a federal investigation into its anti-money laundering program. Jack Dorsey’s Block disclosed the deal in its latest quarterly filing with the Securities and Exchange Commission (SEC).
The future of crypto legislation is back in focus after the US midterm elections, with renewed discussions in Washington raising hopes that the digital asset industry could eventually secure a clearer regulatory framework.
Hong Kong passed new crypto tax reporting legislation on November 4, 2026. Covered crypto exchanges and brokers must begin collecting customer transaction information in January 2027. Hong Kong will begin exchanging crypto tax information with participating overseas authorities in 2028.
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