South Korea Moves to Block 27 Websites of Unregistered Crypto Services, Including KuCoin and MEXC
South Korea’s FIU announced plans to extend measures against unregistered virtual asset service providers to 27 websites.
Tag cryptocurrencies
French National Assembly Finance Committee Backs Proposals to Tax Certain Crypto Swaps
The French National Assembly Finance Committee backed two proposed crypto tax amendments to the 2027 budget. It subsequently rejected the budget’s revenue section, so these are not valid rules.
Blumenthal Seeks Tether Relationship Documents From Cantor Fitzgerald
Senator Richard Blumenthal has expanded his review of Tether to include Cantor Fitzgerald. He is seeking documents from Chairman Brandon Lutnick on asset custody, ownership interests and sanctions-risk controls.
Thailand’s Crypto ETFs: Initial Rules Allow Bitcoin and Ethereum
Thailand’s SEC has issued rules for domestic crypto ETFs. They will take effect on October 16, 2026, and initially apply to funds with exposure to Bitcoin or Ethereum.
Samsung Wallet to Add USDC International Transfers in the U.S. in Late October
Samsung Electronics America plans to make USDC transfers to international crypto wallets and selected bank accounts available to eligible users in the U.S. during the final week of October 2026.
Adam Iza Sentenced to 78 Months in Prison for Meta Account Fraud
A federal court in California sentenced Adam Iza to 78 months in prison for fraud, tax evasion, and misuse of services provided by former LASD sheriff’s deputies. The sentence will run concurrently with his earlier 15-year sentence in Connecticut.
CFTC Opens Consultation on Regulation of Certain Retail Crypto Transactions
The U.S. CFTC has issued an advance request for comments on possible rules for certain retail commodity transactions involving crypto assets. These are not yet final rules or immediate new requirements.
OFAC Sanctions Five People and Entities Over Alleged Hamas Financing
The U.S. Department of the Treasury announced sanctions against three people and two organizations in connection with alleged Hamas financing through fundraising campaigns and cryptocurrency transfers.
SEC Approves Listing of 3x Bitcoin ETF and 3x Ether ETF on Cboe BZX
The SEC approved Cboe BZX’s proposal to list six VS Trust products, including funds offering three-times-daily exposure to bitcoin and ether futures.
NEAR Intents Reports Full Recovery After $3.8 Million Exploit
NEAR Intents announced that the entire stolen amount of approximately $3.8 million was returned after the exploit. However, the incident’s complete technical details and the identity of the responsible person are not publicly known yet.