French Lawmakers Back Tax on Some Crypto-to-Stablecoin Exchanges
France’s National Assembly approved an amendment that could tax cryptocurrency conversions into regulated electronic money tokens from 2027. The rules are not yet in effect.
Tag regulation
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.
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.
SEC Proposes Crypto Asset Custody Rules for Advisers and Funds
The U.S. SEC published proposed rules that, under certain conditions, would expand custody options for crypto assets held by registered investment advisers and regulated funds.
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.
SEC Crypto Asset FAQs: Guidance on Staking and Buybacks
The SEC’s Division of Corporation Finance published nonbinding answers on staking tokens, marketing, buybacks and secondary trading platforms.
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.
SEC Proposes Crypto Asset Custody Rules for Advisers and Funds
On October 1, 2026, the U.S. SEC published proposed rules for the custody of crypto assets by registered investment advisers, funds and business development companies.
CFTC Registers Coinbase Clearing LLC as a Derivatives Clearing Organization
The U.S. CFTC has registered Coinbase Clearing LLC as a DCO. The entity may clear fully collateralized futures, options on futures, and swaps.
SEC Staff Explains Token Buybacks in Functional Networks
An SEC staff FAQ states that merely announcing a buyback of a crypto asset that is not a security in a functional crypto system does not automatically satisfy one element of the Howey test.