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Policy
Hong Kong Introduces New Regulations to Leverage Insurance Funds for Cryptocurrencies
Hong Kong is taking steps to unlock a vast pool of capital for digital assets, potentially paving the way for significant institutional investment in cryptocurrencies across Asia. The Hong Kong Insurance Authority has proposed a new set of rules that would enable the city's 158 authorized insurance companies to invest in various assets, including cryptocurrencies, as per a presentation dated Dece…
Dec. 22, 2025, 7:28 a.m.
Policy
Japan to Revise Cryptocurrency Regulations: Report
According to a report by Bloomberg, Japan is planning to reassess its regulatory framework for the cryptocurrency industry, as stated by an unnamed official from the country's Financial Services Agency. The review, set to take place in the upcoming months, aims to evaluate the effectiveness of the current approach, which classifies cryptocurrencies under the payments act. This assessment may pote…
Dec. 11, 2025, 9:17 p.m.
Policy
Ras Al-Khaimah Introduces Regulatory Framework for Decentralized Autonomous Organizations
In the United Arab Emirates, the Ras Al-Khaimah region has introduced a novel framework for decentralized autonomous organizations within its digital assets free zone. These blockchain-based entities are governed by code and will now operate under the DAO Association Regime, a tailored legal framework. The regime will be implemented in the RAK Digital Assets Oasis, a designated free zone for digi…
Dec. 8, 2025, 5:31 p.m.
Policy
US Regulator Challenges Court Ruling on Election Betting Markets
In a recent filing with an appellate court, lawyers for the US Commodity Futures Trading Commission (CFTC) argued that a federal judge made an error in permitting Kalshi, a prediction market operator, to list and trade contracts related to election outcomes. The CFTC contends that the lower court misinterpreted key terms under the Commodity Exchange Act and unjustifiably blocked the agency from s…
Dec. 2, 2025, 5:40 p.m.
Policy
Sam Trabucco, Ex-Alameda Co-CEO, to Surrender $70 Million and Assets to FTX Creditors
As part of a settlement, former Alameda Research co-CEO Sam Trabucco will be surrendering significant assets, including two properties and a luxury yacht, to creditors of the defunct cryptocurrency exchange FTX, according to a recent filing. Trabucco, a key figure in Sam Bankman-Fried's inner circle and a close associate of Caroline Ellison at Alameda, departed the company in August 2022, mere mo…
Dec. 2, 2025, 12:15 a.m.
Policy
Detroit to Introduce Cryptocurrency Tax Payments via PayPal in 2025
Residents of Detroit will soon have the option to pay their taxes and city fees in cryptocurrency through a secure platform managed by PayPal, as announced by the city's Office of the Treasury. This new payment method, expected to launch in mid-2025, will allow Detroiters to pay with cryptocurrencies supported by PayPal, including bitcoin, ether, bitcoin cash, and litecoin, with all payments sett…
Dec. 1, 2025, 3:34 p.m.
Policy
Fairshake Secures Victory with Ruben Gallego in Arizona; 16 House Seats Remain Uncalled
Arizona's Senate seat has been won by Democrat Ruben Gallego, who defeated Republican Kari Lake. Despite the Democrats losing control of the Senate in the 2024 election, Gallego's victory has mitigated some of the losses. Republicans are set to control 53 seats for the next two years, having flipped Pennsylvania, Ohio, Montana, and West Virginia. Fairshake, a crypto-focused super PAC, was heavily…
Nov. 9, 2025, 10:32 p.m.
Policy
Howard Lutnick, Tether's Key Wall Street Partner, Nominated as US Commerce Chief by Trump
US President-elect Donald Trump has chosen Howard Lutnick, CEO of Cantor Fitzgerald and a prominent supporter of cryptocurrency, to serve as Commerce Secretary. Lutnick, who has been a key figure in Tether's operations on Wall Street, was initially considered for the Treasury Secretary position but will now oversee the country's trade and tariff agenda. Cantor Fitzgerald, a leading financial inst…
Nov. 3, 2025, 6:41 a.m.
Policy
FTX Executive's Attempt to Postpone Prison Sentence Due to Dog Bite Fails
Ryan Salame, a former FTX executive convicted of violating US election laws, has been denied a last-minute attempt to postpone his prison sentence. Salame had claimed he needed to treat a dog bite injury, but a judge rejected his request after noting he had given an interview to Tucker Carlson without showing any signs of impairment. The former executive is set to begin serving his over seven-yea…
Oct. 8, 2025, 4:56 a.m.
Policy
Former FTX Executive Nishad Singh Spared Prison Time Despite Role in Crypto Exchange's Downfall
In a New York federal court on Wednesday, Nishad Singh, a former engineering director at FTX and one-time close associate of Sam Bankman-Fried, was sentenced to time served, meaning he will not face imprisonment like some of his former colleagues. Singh was also ordered to pay a substantial $11 billion in restitution. The 29-year-old pleaded guilty to six counts of criminal activity, including wi…
Sept. 26, 2025, 2:28 p.m.