Advertisement

Regulation & Politics

Kyrgyzstan Winds Down Gold-Backed USDKG After UK Sanctions
Regulation & Politics

Kyrgyzstan Winds Down Gold-Backed USDKG After UK Sanctions

Holders can request fiat or USDT as the project prepares to retire its tokens, but the shutdown documents leave the gold reserves’ disposition unspecified.
Hyperliquid Confirms Singapore Base but Says It Has No MAS License
Regulation & Politics

Hyperliquid Confirms Singapore Base but Says It Has No MAS License

The FT reports that people familiar with MAS's thinking consider the decentralized venue outside its jurisdiction. Singapore's rules distinguish crypto derivatives on approved exchanges from those offered elsewhere.
Conduit Sues Tether Over $2.76 Million in Frozen USDT
Regulation & Politics

Conduit Sues Tether Over $2.76 Million in Frozen USDT

The payments firm seeks a court order restoring access to its treasury wallet, saying the loss of working capital has slowed client settlements.
DOJ Presses Roman Storm Case as FinCEN Drops Mixer Proposal
Regulation & Politics

DOJ Presses Roman Storm Case as FinCEN Drops Mixer Proposal

A new filing targets Storm’s venue challenge, while his acquittal motion remains pending and a retrial is scheduled for April 26, 2027.
CFTC Staff Clears Fast Track for Stock-Index Perpetual Conversions
Regulation & Politics

CFTC Staff Clears Fast Track for Stock-Index Perpetual Conversions

Exchanges must give position holders five calendar days' notice and a chance to exit, while leaving other material contract terms unchanged.
CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States
Regulation & Politics

CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

The Commodity Futures Trading Commission published an Advanced Notice of Proposed Rulemaking covering retail crypto trading on margin, leverage or financing, and a new exchange registration category built for it. Chairman Michael Selig called it a federal option rather than a mandate. The notice would also codify delivery to a user's own non-custodial wallet within 28 days as an exception to on-exchange trading
Treasury Drops Crypto Wallet Surveillance Rules
Regulation & Politics

Treasury Drops Crypto Wallet Surveillance Rules

FinCEN withdrew the 2020 unhosted wallet reporting proposal and its 2023 finding that crypto mixing is a primary money laundering concern. The agency said it will keep monitoring mixers and may act again
Safe Investor Greenfield Files Swiss Regulatory Complaint Over Foundation Governance
Regulation & Politics

Safe Investor Greenfield Files Swiss Regulatory Complaint Over Foundation Governance

Greenfield says it asked the Safe Ecosystem Foundation to remove Gnosis co-founder Stefan George from its board and add independent members, and that every request was rejected
Kalshi and Coinbase Win Partial Illinois Ruling on Sports Contracts
Regulation & Politics

Kalshi and Coinbase Win Partial Illinois Ruling on Sports Contracts

The judge found state licensing rules likely conflict with federal derivatives law, but left transaction fees unresolved and ordered the parties to propose injunction terms.
IMF Approves $138 Million for El Salvador After Bitcoin Waiver
Regulation & Politics

IMF Approves $138 Million for El Salvador After Bitcoin Waiver

The fund still expects no further Bitcoin accumulation beyond documented donations and wants the state’s remaining Chivo exposure fully unwound.