Crypto Regulation News

BingX has obtained an EU crypto license in Austria, allowing it to operate within the European Union’s regulatory framework. The company plans to expand its services to 29 additional countries. This move positions BingX to offer regulated crypto trading across a broader European market region.

The OCC says all nine of the largest national banks it reviewed maintained policies between 2020 and September 2025 that could restrict banking access based on political, religious or social views, or lawful business activity. The regulator said some policies also limited services to sectors including digital assets, firearms, tobacco, oil and gas, and detention facilities.

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Illinois has agreed to delay enforcement of its Digital Asset Tax Act until July 1, 2027 as crypto industry groups challenge the law in court. The Crypto Council for Innovation and Blockchain Association are seeking an expedited schedule, with summary judgment briefing proposed to finish by January 22 and a court decision requested by March 1.

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The European Banking Authority has classified USDC as the EU’s first significant e-money token under MiCA. From November 12, the EBA will directly supervise key areas including reserve assets, liquidity, own funds, and recovery and redemption plans. France’s ACPR will continue overseeing governance, qualifying holdings, outsourcing and conflicts of interest.

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The Brooklyn District Attorney’s office disrupted a cryptocurrency scam that targeted members of the Russian community. Authorities identified the scheme and halted its operations, and the case was announced by the Brooklyn District Attorney’s office. The case underscores ongoing efforts to protect vulnerable populations from digital fraud.

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Qivalis has been granted an Electronic Money Institution (EMI) license, allowing it to issue and manage stablecoins under regulatory oversight. The license enables Qivalis to operate within the framework of stablecoin regulation, ensuring compliance with European financial authorities. This development supports the broader adoption of regulated stablecoins in the crypto market.

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.

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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.