Category: Law of the Chain
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Kalshi lawsuit alleges unlicensed sports betting and market manipulation
The lawsuit against Kalshi alleges illegal gambling and market manipulation, challenging the regulatory classification of prediction markets and posing a significant legal threat to the platform’s operations.
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CoinShares withdraws its application for a Solana exchange-traded fund
CoinShares withdrew its Solana ETF application, reflecting ongoing regulatory uncertainty for crypto investment products beyond Bitcoin and Ethereum in key markets.
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CoinShares withdraws application for a staked Solana ETF
The withdrawal suggests potential regulatory hurdles or strategic reassessment for crypto investment products, impacting Solana’s institutional adoption path and market sentiment.
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Turkmenistan Legalizes Cryptocurrency Trading Under State Control Starting in 2026
Turkmenistan will permit cryptocurrency trading starting in 2026, establishing a framework for state-controlled digital asset operations within its financial system.
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Uzbekistan Legalizes Stablecoins and Tokenized Stocks for 2026 Implementation
Uzbekistan’s legalization of stablecoins and tokenized assets establishes a regulatory framework for digital finance, potentially attracting investment and modernizing its financial infrastructure by 2026.
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North Korean Lazarus Group Suspected in Upbit Cryptocurrency Exchange Breach
The suspected involvement of the Lazarus group, linked to North Korea, highlights persistent state-sponsored cyber threats targeting cryptocurrency exchanges for illicit funding.
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SEC Clears Solana’s Fuse Token According to Source Report
The SEC’s clearance of Fuse Token on Solana provides regulatory clarity for the token and the Solana ecosystem, potentially influencing future token offerings and compliance approaches.
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South Korea FSC expands Travel Rule oversight to all cryptocurrency transactions
South Korea’s Financial Services Commission expands the Travel Rule to include all crypto transactions, enhancing regulatory oversight and aligning with global anti-money laundering standards for the digital asset sector.
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CoinShares withdraws application for US spot ETFs tracking XRP, Solana, and Litecoin
CoinShares has withdrawn its application for spot ETFs tracking XRP, Solana, and Litecoin in the US, reflecting ongoing regulatory hurdles for crypto assets beyond Bitcoin and Ethereum.
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Institutional perspectives on XRP spot ETFs remain undisclosed publicly
The article examines undisclosed institutional considerations regarding XRP spot ETFs, highlighting potential strategic positioning and market implications beyond public statements.
