Japan Passes Bill Reclassifying Crypto as Financial Instruments
Key Takeaways: Japan reclassified crypto as financial instruments under the FSA to curb insider trading by 2027. Proposed tax cuts...
Regulation
Circle clarifies USDC freeze policy after Drift exploit, urges passage of GENIUS and CLARITY Acts
Circle, the company behind the $75B+ USDC stablecoin, is drawing a line in the sand. After facing intense criticism for...
Standard Chartered’s joint venture, HSBC Hong Kong first to secure HKMA stablecoin issuer licences
Anchorpoint, a fintech venture jointly created by Standard Chartered Hong Kong, Animoca Brands, and SCBHK HKT, and HSBC Hong Kong...
Japan’s Cabinet approves bill to regulate crypto as financial products
Japan’s Cabinet has approved amendments to the Financial Instruments and Exchange Act (FIEA) to treat cryptocurrencies as financial instruments, Finance...
Trump Officials Unite Behind CLARITY Act, Urge Senate to Act Now
The CLARITY Act, a major U.S. crypto regulation bill, is currently awaiting Senate approval after passing the House in 2025....
Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as New Zealand Delays Similar Action
Key Takeaways: Australia’s OIA projects ad restrictions will cut gambling spending by AUD 62.7M, or 0.8 percent A full ban...
France Advances Law Mandating Self Custody Funds’ Disclosure
Key Takeaways: Deputy Daniel Labaronne opposed the inclusion of this article in the law, arguing it would be impossible for...
Italy Eyes Gambling Sponsorship Return as Football Federation Links Ad Ban to Structural Decline
Key Takeaways: Outgoing FIGC president Gravina calls for Dignity Decree repeal in 11-page reform report Serie A clubs estimate €100M-€150M...
Bithumb seeks to recover 7 Bitcoin after massive distribution mistake
South Korea’s leading crypto exchange Bithumb has initiated provisional attachment proceedings to recover seven Bitcoin still outstanding from a mistaken...
UK Betting Industry Warns Affordability Checks Will Push Punters to Black Market
Key Takeaways: Yougov poll for BGC finds 65 percent of UK bettors would refuse to submit financial documents British Horseracing...
UK’s £120 Million Gambling Levy Delivers First OHID Prevention Grants Amid Sector Turmoil
Key Takeaways: UK statutory gambling levy raised £120 million in year one, replacing Gambleaware. Betblocker was confirmed among the first...
David Woodcock Named SEC Enforcement Chief as Agency Shifts Away From Gensler-Era Crypto Crackdown
Key Takeaways: The SEC named David Woodcock as Enforcement Division director, effective May 4, 2026, succeeding acting director Sam Waldon....
Canary files S-1 for PEPE ETF as memecoin funds expand beyond DOGE
Canary Capital has filed a registration statement for the Canary PEPE ETF, a proposed exchange traded fund designed to give...
South Korea Implements Unified Crypto Withdrawal Rules to Combat Phishing
Key Takeaways: FSC and DAXA implemented unified rules after data showed 59% of fraud occurred via withdrawal exceptions. The stricter...
White House economists say stablecoin rewards pose minimal risk to banks
Stablecoin rewards pose minimal risk to the banking sector, and prohibiting yields is unlikely to produce any meaningful increase in...
