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Crypto Regulation and Licensing

Legal and regulatory frameworks governing crypto markets, including licensing regimes like the SEC, CFTC, and EU's MiCA, plus enforcement actions.

Current stories

investOne report1 publisher

Siluanov, Tsivilev and Manturov take A7 board seats two weeks after its OFAC designation

Three senior Russian officials, including the finance minister, joined A7's board two weeks after OFAC's criminal designation, Cryptopolitan reports. The seats confirm a state link A7 already had, so open exposure sits with the intermediaries around it.

Reality

Evidence50
Adoption60
Hype gap+15
Incentives
Not scored
Confidence50
investConfirmed5 publishers

Taiwan blocks Coinbase and Kalshi under an election law that already caught Polymarket

A New Taipei court ordered Coinbase and Kalshi blocked on October 15, a little over six weeks before Taiwan's November 28 local elections. Kalshi already faces actions in Washington, Nevada and New York, so Taiwan is the fourth government to move against it.

Perspective Coverage

5 publishers
Builder
Builder 8%
Operator
Operator 45%
Investor
Investor 47%

Reality

Evidence72
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence70
investConfirmed8 publishers

Judge Hellerstein rejects a joint Gemini and CFTC bid to vacate a $5 million consent order

Judge Alvin Hellerstein denied a joint Gemini and CFTC motion to vacate a January 2025 consent order, keeping its $5 million penalty and injunction. The penalty is already paid, so the live stake was the permanent injunction barring false statements to the CFTC.

Perspective Coverage

9 publishers
Builder
Builder 5%
Operator
Operator 44%
Investor
Investor 51%

Reality

Evidence82
Adoption
Not scored
Hype gap+8
Incentives55
Confidence84
investOne report1 publisher

Supply growth explains only part of XRP's 62.5% fall from its 2018 high

XRP trades near $1.33, 62.5% below its January 2018 peak of $3.55, while bitcoin and ether stay far above their 2017 highs. Supply growth of 63% explains a drop to about $2.18, so demand-side factors have to account for the remaining fall.

Publishers:coindesk.com

Reality

Evidence62
Adoption30
Hype gap−10
Incentives
Not scored
Confidence58
investConfirmed4 publishers

Bank of America's $1.21 billion fine gives crypto critics a comparison with Zhao's four months in prison

Regulators penalized Bank of America more than $1.21 billion for AML and sanctions failures, and no executive faced criminal charges. Crypto voices led by Binance's Changpeng Zhao say banks and crypto firms are treated differently.

Perspective Coverage

4 publishers
Builder
Builder 3%
Operator
Operator 36%
Investor
Investor 61%

Reality

Evidence82
Adoption
Not scored
Hype gap+20
Incentives60
Confidence78
investConfirmed5 publishers

Bank of Russia gives peer-to-peer crypto trading until July 1, 2027

Russia's central bank says its digital currency law bars transfers to non-custodial wallets and allows peer-to-peer crypto trades only until July 1, 2027. Licensed intermediaries, Sberbank among them, will handle everything after that.

Perspective Coverage

5 publishers
Builder
Builder 21%
Operator
Operator 42%
Investor
Investor 37%

Reality

Evidence72
Adoption20
Hype gap+35
Incentives60
Confidence74
investConfirmed2 publishers

Binance weighs Hong Kong, Korean, Taiwanese and Brazilian stocks for its 300 million users

Binance is considering offering exposure to Hong Kong, South Korean, Taiwanese and Brazilian stocks, co-CEO Richard Teng told Fortune. Tokenized stocks total $3 billion worldwide against $34 trillion traded on Binance in the previous year, Cryptobriefing reported.

Perspective Coverage

3 publishers
Builder
Builder 22%
Operator
Operator 25%
Investor
Investor 53%

Reality

Evidence50
Adoption12
Hype gap+25
Incentives65
Confidence62
investOne report1 publisher

Bank of Russia clears Sberbank for crypto exchange the same day it bars withdrawals to private wallets

Bank of Russia told individuals on October 15, 2026 that they cannot move digital currency from regulated accounts into self-custody wallets. Sberbank won approval to run crypto exchange services the same day, so coins bought on licensed venues now stay in licensed custody.

Reality

Evidence50
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence50
investConfirmed4 publishers

ASIC's crypto capital draft sets a A$14 million floor for platforms that lack third-party custody

ASIC has opened consultation on CP 392, which offers crypto platforms three alternative capital models, with feedback due Nov. 27. Final standards are due in March 2027, at most 38 days before the law takes effect on April 8.

Perspective Coverage

4 publishers
Builder
Builder 18%
Operator
Operator 46%
Investor
Investor 36%

Reality

Evidence80
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence75
investOne report1 publisher

TD Cowen warns that the SEC and CFTC rules issued after the CLARITY vote are the easiest kind to rescind

The SEC unveiled a five-year exemption for stock tokens two days after the Senate's failed CLARITY cloture vote. TD Cowen cautions that agency rules like it are the easiest to rescind, so firms building on it carry that risk.

Reality

Evidence55
Adoption20
Hype gap−10
Incentives
Not scored
Confidence50
leadershipConfirmed11 publishers

Treasury assesses Bank of America $1.2 billion after the bank admits willful Bank Secrecy Act violations

Treasury fined Bank of America $1.2 billion over anti-money laundering and sanctions failures, the third-largest penalty in its history. The bank says it has invested billions in compliance. The case tests how far spending alone protects a large bank.

Perspective Coverage

12 publishers
Builder
Builder 10%
Operator
Operator 43%
Investor
Investor 47%

Reality

Evidence80
Adoption
Not scored
Hype gap+8
Incentives55
Confidence80
investOne report1 publisher

German regulators handed banks about 41 of Europe's 72 MiCA approvals in the third quarter

German regulators issued 42 of the 72 MiCA authorizations granted across Europe in the third quarter, according to FinPlanet. All but one went to banks, yet the 65 banks in FinPlanet's count are under a fifth of the 363 licensed entities.

Reality

Evidence42
Adoption
Not scored
Hype gap+8
Incentives
Not scored
Confidence50
investConfirmed3 publishers

Coins.ph faces possible loss of its Philippine license over offshore gambling clients, two people say

Coins.ph, the Philippines' largest crypto exchange with over 18 million customers, faces a possible license loss, two people told CoinDesk. A revocation would remove the venue handling some 75% to 80% of the country's peso-to-stablecoin liquidity.

Perspective Coverage

3 publishers
Builder
Builder 12%
Operator
Operator 43%
Investor
Investor 45%

Reality

Evidence40
Adoption
Not scored
Hype gap+25
Incentives
Not scored
Confidence55
investOne report1 publisher

TD Cowen sees a realistic risk that the CFTC's leveraged crypto rules unravel before the 2028 election

TD Cowen's Jaret Seiberg says the CFTC's leveraged retail crypto rules may not be final until early 2028, colliding with the election cycle. A new administration could revise or drop them, and a rushed schedule invites a procedural court challenge.

Reality

Evidence50
Adoption
Not scored
Hype gap−10
Incentives
Not scored
Confidence50
investConfirmed4 publishers

Argentina's bank supervisor defers crypto in banks to a possible second Milei term

Argentina's central bank will keep its 2022 ban on banks offering crypto this year, Juan Curutchet said, naming a second Milei term as a possible opening. That keeps the country's banks out of a market that took in $88.5 billion of crypto in a year, by Chainalysis's count.

Perspective Coverage

4 publishers
Builder
Builder 29%
Operator
Operator 37%
Investor
Investor 34%

Reality

Evidence72
Adoption35
Hype gap−10
Incentives
Not scored
Confidence70
investOne report1 publisher

France's €100,000 crypto wallet reporting rule is absent from the budget text the Assembly now debates

France's Assembly finance committee adopted a rule making holders of €100,000 or more in self-custody crypto report it or face fines up to €10,000. The same committee then voted 31 to 3 against the budget's revenue section, and the government's original text contains none of its crypto amendments.

Publishers:decrypt.co

Reality

Evidence50
Adoption
Not scored
Hype gap+25
Incentives40
Confidence55
investOne report1 publisher

Korea's Rule 3280 extends court seizure to exchange accounts and private wallets from Nov. 1

South Korea's Supreme Court promulgated Rule 3280 on Oct. 12, letting courts freeze, seize and sell crypto to recover unpaid debts. Officers can take directly held coins before the debtor is notified, though CryptoSlate says self-custodied keys may keep enforcement hard.

Publishers:cryptoslate.com

Reality

Evidence50
Adoption
Not scored
Hype gap−5
Incentives
Not scored
Confidence55

Earlier coverage

  1. Thailand's SEC points retail crypto ETF demand at local funds it has yet to approve

    Invest · October 12, 2026 · Confirmed3 publishers

  2. CFTC proposes crypto leverage rules under existing law after the CLARITY Act stalls

    Invest · October 10, 2026 · Confirmed2 publishers

  3. Two funds account for 85% of Thursday's $317 million bitcoin and ether ETF outflow

    Invest · October 9, 2026 · Confirmed2 publishers

  4. Thailand's SEC requires 80% crypto exposure from every Bitcoin and Ether ETF on the SET

    Invest · October 8, 2026 · Confirmed6 publishers

  5. Trump's reported AI tsar pick would hand AI policy to the nation's intelligence chief

    Invest · October 2, 2026 · Confirmed11 publishers

  6. European Parliament adds crypto assets to its wish list for the Commission's anti-corruption strategy

    Invest · October 8, 2026 · Confirmed3 publishers

  7. MAS places Hyperliquid's Singapore-headquartered venue outside its jurisdiction

    Invest · October 7, 2026 · Confirmed2 publishers

  8. Israeli designations supply most of the wallets in a Senate report's 84% Tether finding

    Invest · September 30, 2026 · Confirmed8 publishers

  9. OKX pays up to 10% to pull emerging-market savings into dollar stablecoins

    Invest · October 5, 2026 · Confirmed7 publishers

  10. Compound's Proposal 612 would hand COMP voters a ten-day veto over treasury moves

    Invest · October 5, 2026 · Confirmed2 publishers

  11. CFTC's crypto leverage notice ties delivery to who holds the private keys

    Science · October 5, 2026 · Confirmed2 publishers

  12. IMF waiver limits growth in El Salvador's $666 million Bitcoin reserve to donations

    Invest · October 4, 2026 · Confirmed2 publishers

  13. Hester Peirce argues in her final SEC weeks that bigger KYC files make criminals harder to find

    Invest · September 24, 2026 · Confirmed3 publishers

  14. Kazakhstan's flared-gas decree fits bitcoin miners better than AI builders

    Invest · September 26, 2026 · Confirmed2 publishers

  15. Fundsz victims hold a $15.7 million claim inside the CFTC's $31 million default judgment

    Invest · September 30, 2026 · Confirmed2 publishers

  16. CFTC says Cash FX traded less than 1% of the $950 million it raised

    Invest · September 27, 2026 · Confirmed2 publishers

  17. SEC's token on-ramp: a $5M starter round, a $75M tier, and the end of state review

    Invest · August 18, 2026 · Confirmed7 publishers

  18. Hyperliquid asks for equity perps as security futures, and no rulemaking to get there

    Invest · August 24, 2026 · Confirmed2 publishers

  19. Korea's fourth crypto tax delay petition drew signatures at a third of May's pace

    Invest · September 14, 2026 · Confirmed2 publishers

  20. FCA opens crypto authorisation 390 days before the regime takes effect

    Invest · September 16, 2026 · Confirmed3 publishers

  21. Robinhood must rebuild its stock tokens as real shares to reach US users by 2027

    Invest · September 21, 2026 · Confirmed2 publishers

  22. Robinhood's August event volume ran 64% above its non-World-Cup pace

    Invest · September 21, 2026 · Confirmed2 publishers

  23. Bessent leads the AI czar shortlist on a brief of bank warnings and China talks

    Invest · September 23, 2026 · Confirmed5 publishers