X Platform to Launch Disclosure Requirements for Paid Promotions Including Kalshi and Polymarket Ads

Brazil's Crypto Faction Prepare to Fight Stablecoin Taxation in Congress

The crypto faction in the Brazilian Congress is expecting the issuance of a decree to establish a 3.5% tax on stablecoin transactions to file a draft bill and block this initiative. The Parliamentary Front for the Free Market argues that the measure would constitute an overreach of the Executive

Lummis pushes for crypto tax exemptions before stepping down, CLARITY bill stalemate remains unresolved

Wyoming Senator Cynthia Lummis is advocating for tax exemptions on cryptocurrency transactions under $300 to promote everyday use of cryptocurrencies. However, the CLARITY Act faces obstacles in the Senate, mainly due to regulatory disputes over crypto token stocks and opposition from the banking industry. With Lummis stepping down soon, the legislative prospects remain uncertain.

U.S. CFTC Chair Outlines Future Priorities: Clarifying Crypto Regulations, Ending Regulatory Disputes with SEC, and More

CFTC Chairman Mike Selig stated at the conference that the United States is experiencing a technological revolution driven by AI and blockchain, emphasizing the need to adjust the regulatory framework to adapt to changes. Key areas include derivatives market regulation, addressing legacy issues in legislation, clarifying the classification of crypto contracts, and prioritizing agricultural and energy needs.

U.S. banking industry plans to sue OCC over blocking crypto licenses, BPI says regulatory rules are being distorted

The US banking industry is considering filing a lawsuit against the Office of the Comptroller of the Currency (OCC) because the OCC has granted national trust bank charters to cryptocurrency and fintech companies. BPI believes this move is illegal and has led to regulatory unfairness. Opposing voices include the Banking Association and state regulators, who argue that this measure could bypass traditional regulation. The OCC has approved licenses for multiple crypto companies, but this has sparked controversy, especially with applications from companies related to the Trump family drawing congressional scrutiny. If the lawsuit succeeds, it could impact the compliance status of crypto companies and the regulatory framework.

What is the impact of the SEC's issuance of interpretive guidance promoting a "Token Classification Framework" on the cryptocurrency industry?

The U.S. Securities and Exchange Commission (SEC) has submitted new interpretive guidance on crypto assets, planning to establish a token classification framework to clearly define which crypto assets are securities and their related regulatory requirements. The guidance aims to fill legislative gaps and influence the operational models of crypto companies. As the global digital asset market develops, the U.S. regulatory framework is moving towards institutionalization, which could change global regulatory trends.

Moldova investigates cases of cryptocurrency interference in parliamentary elections involving a total of $107 million

Moldova's National Anti-Corruption Center has disclosed a plan to influence the 2025 parliamentary elections using cryptocurrency, involving a total amount of $107 million. The funds are transferred through non-custodial crypto wallets to intermediaries, who then exchange them for cash to bribe voters and promote candidates. The source of the funds is mainly from crypto platforms in Russia and Kyrgyzstan.