Business

South Korea has ordered domestic access restrictions on 27 websites operated by unregistered cryptocurrency service providers, including KuCoin, MEXC and BingX, as authorities intensify enforcement against overseas exchanges serving local investors without regulatory registration.The Financial Intelligence Unit (FIU), operating under the Financial Services Commission, announced the measures on October 13, 2026, following regulatory reviews conducted

Within two days of the Senate’s September 15 cloture vote on the CLARITY Act, the SEC had granted a five-year exemption for on-chain trading of certain tokenized stocks. The same day, September 17, the CFTC issued no-action relief for passive software providers and sent a crypto market rulemaking to the White House for review.For the

Nasdaq Chair and CEO Adena Friedman has said tokenization could unlock tens of billions of dollars in capital currently tied up as collateral across the global financial system, highlighting the potential for blockchain infrastructure to improve liquidity and institutional market efficiency. Speaking to CNBC at the TOKEN2049 conference in Singapore on October 8, 2026, Friedman

U.S. spot cryptocurrency exchange-traded funds recorded approximately $1.25 billion in combined net outflows during the week ending October 9, 2026, as investors reduced exposure across Bitcoin, Ethereum and Solana investment products.According to updated data from Farside Investors, Bitcoin ETFs experienced $678.9 million in net redemptions, while Ethereum funds lost $542.2 million and Solana products recorded

India‘s cryptocurrency taxation framework is increasingly being questioned over its impact on domestic trading activity, with industry research indicating that high transaction costs have encouraged investors to move toward offshore exchanges and alternative trading products. The government continues to impose a 30% tax on taxable gains from virtual digital assets, alongside a 1% tax deducted

The Moscow Exchange plans to introduce direct cryptocurrency trading on December 1, 2026, potentially opening a regulated domestic market for Bitcoin, Ethereum and Tether’s USDT stablecoin. Boris Blokhin, the exchange’s senior managing director for sales and business development, announced the target date on October 8 during the Sber Investments forum in Moscow. Blokhin said the

BitMine Immersion Technologies has increased its Ethereum treasury to 6.03 million ETH, putting the company within roughly 76,000 tokens of its stated ceiling of owning 5% of Ethereum’s supply.The Tom Lee-chaired company acquired another 12,532 ETH during the past week, lifting total holdings to 6,028,946 ETH as of October 11. Using BitMine’s reference price of

BNY has expanded its Digital Asset Custody platform to selected institutional clients in the European Union, giving one of the world’s largest custodian banks a regulated route to hold and service cryptocurrencies under the bloc’s Markets in Crypto-Assets framework.The expansion follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity,

Australia’s securities regulator wants to extend its retail CFD safeguards to derivatives settled in digital assets, closing a regulatory gap that can leave economically similar leveraged products subject to different protections depending on how they are settled.The Australian Securities and Investments Commission proposed on October 12 that its contracts-for-difference product intervention order be expanded to

French lawmakers have backed a proposal that would require taxpayers to disclose self-custodied cryptocurrency holdings worth at least €100,000, extending tax reporting beyond assets held through regulated crypto service providers.Amendment I-CF821 was adopted by the National Assembly’s Finance Committee on October 9 as part of France’s proposed 2027 budget. It would require individuals and legal