Starting from the new UK fiscal year, the inclusion of crypto ETNs in mainstream ISA tax-free accounts is prohibited

Former CFTC Chair: Lack of cryptocurrency regulation harms banking industry, the CLARITY Act must be passed quickly

Former CFTC Chairman Giancarlo pointed out that the uncertainty in cryptocurrency regulation has a much greater impact on the banking industry than on the crypto sector. Banks, due to their strict regulatory and legal obligations, cannot make large-scale investments in this area. He warned that if the bill fails to pass, American banks may fall behind in digital financial transformation, facing structural challenges that could affect their global competitiveness. The core controversy of the bill involves stablecoin yields and regulatory jurisdiction. If it fails, regulatory guidance may only provide temporary solutions.

U.S. Treasury Says Crypto Mixers Have Lawful Privacy Uses

The U.S. Treasury Department acknowledges that crypto mixers have legitimate privacy benefits, allowing users to protect their financial transactions. The report indicates a shift from viewing mixers solely as tools for illegal activity, highlighting the need for both privacy protection and stronger regulations to address crime.

North Korea stole $2.8 billion in crypto assets over two years, and the U.S. Treasury Department plans to strengthen regulation of stablecoins

The U.S. Department of the Treasury has proposed new measures under the "Genius Act" to combat cryptocurrency crimes, with a focus on monitoring illegal digital asset activities, especially the abuse of stablecoins. The Treasury recommends adopting AI-driven blockchain monitoring tools and bringing major stablecoins into a strict compliance framework to reduce criminal risks and enhance transparency. At the same time, the report shows that North Korean hackers are stealing cryptocurrencies severely, and global online scams are increasing, prompting updates to the regulatory framework.

Korean regulators take strong action: Companies are banned from using USDT and USDC, and cross-border stablecoin payment plans are hindered

The Korea Financial Services Commission plans to impose stricter restrictions on corporate use of stablecoins, including banning the purchase of stablecoins pegged to the US dollar. This policy will significantly impact corporate crypto investments and cross-border payments, although some companies hope for more relaxed policies to reduce exchange rate risk. Regulators favor handling international settlements through the traditional banking system and are developing new policy frameworks.

U.S. Congress Engaged in Intense Battle: Republicans Push for Permanent Ban on CBDC, Trump's Policy Stance Returns to the Spotlight

Debate over the Federal Reserve's digital currency (CBDC) in the U.S. Congress intensifies, with Republican lawmakers pushing for a permanent ban on its development and warning that this move could impact the passage of housing legislation. Representative Michael Cloud and his colleagues believe that CBDC could lead to increased monitoring of citizens' financial activities, threatening personal economic freedom. The financial sector is divided on this issue, and many countries worldwide are also accelerating their CBDC projects.

Forecasting Market Popularity Surge: Polymarket CEO Says "The More Successful, The More Hated," War Betting Sparks Regulatory Controversy

The rapid development of the prediction market industry has attracted attention to its business models and regulatory issues. Polymarket CEO mentioned that as trading volume expands, war-related prediction markets have sparked controversy but also provide informational references. Data shows that geopolitical events have driven a significant increase in trading volume. Although the legality of war contracts remains gray area, prediction markets continue to attract substantial capital. Two companies aim for a valuation of $20 billion in their funding goals and are competing for the young user demographic.