Crypto Regulation News

South Korea’s financial regulator announced the blocking of 27 illegal cryptocurrency exchange websites. The action expands a broader crackdown on unlicensed crypto platforms, aiming to protect consumers and curb money‑laundering risks. The sites were identified as operating without proper licensing and facilitating illicit transactions.

Caroline Pham, a representative of the Bitcoin Foundation, stated that the Commodity Futures Trading Commission (CFTC) can regulate cryptocurrency markets without the need for new legislation as U.S. regulatory frameworks evolve. This suggests that existing laws may be sufficient to oversee crypto activities.

Thailand’s Securities and Exchange Commission (SEC) has finalized regulatory rules for Bitcoin and Ether exchange-traded funds (ETFs). The rules set eligibility criteria, minimum holdings, and reporting requirements for fund issuers. The regulations aim to provide a clear framework for ETF launches in Thailand.

Source Link

SEC has issued a warning about investment scams that are initiated through text messages. The agency notes that fraudsters use deceptive texts to lure investors into high-risk opportunities, often promising quick returns. Investors are urged to verify offers and report suspicious messages to protect themselves.

Thailand’s Securities and Exchange Commission (SEC) has finalized regulatory rules for Bitcoin and Ether exchange-traded funds (ETFs). The rules set eligibility criteria, minimum holdings, and reporting requirements for fund issuers. The regulations aim to provide a clear framework for ETF launches in Thailand.

The FCA has opened applications for crypto firms seeking authorisation under the UK’s new regulatory regime. Firms intending to keep operating should apply by February 28, 2027, ahead of the framework taking effect on October 25, 2027. Applicants will need to meet standards covering consumer protection, customer-asset safeguarding, market integrity and financial resilience.

Source Link

Spanish taxpayers do not need to include crypto in Modelo 721 when they personally control the wallet’s private keys, according to Tax Agency guidance. The rule covers both hot and cold non-custodial wallets. Reporting instead focuses on qualifying crypto held with foreign custodians, with the standard €50,000 aggregate threshold applying to reportable overseas holdings.

Source Link

ESMA will make MiCA supervision a key 2027 priority as the EU shifts from rulemaking toward implementation. The regulator plans to strengthen supervisory convergence for crypto-asset service providers, focus on operational resilience and potentially advance the next phase of MIDAS, its centralized crypto market-surveillance system. Tokenisation and the use of AI in financial supervision will also remain major areas of work.

Source Link

South Korean regulators are reassessing longstanding restrictions on formal crypto market-making. The FSC is examining whether designated liquidity providers could operate under tighter supervision to deepen order books and narrow bid-ask spreads, particularly for less liquid assets. The framework remains under consideration, with no final rules or implementation date announced.

Source Link

Governor Gavin Newsom has signed AB 2409, introducing new restrictions on meme coins linked to California public officials. The law bars officials from issuing such tokens and limits listings that use their likeness. California also approved separate measures strengthening restitution for crypto-fraud victims and establishing clearer procedures for seizing digital assets connected to criminal networks.

Source Link