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.
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.
UK expands cryptocurrency reporting rules amid global tax oversight tightening
The UK’s expansion of crypto reporting rules aligns with global efforts to increase tax transparency and regulatory oversight of digital asset transactions.
KuCoin wins Virtual Asset Service Provider registration in the Netherlands for EU operations
KuCoin secures a VASP registration in the Netherlands, enabling EU market access amid stringent regulatory requirements that create significant barriers for crypto exchanges.
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.
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.
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.
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.
UK HMRC announces 2026 crypto tax reporting rules under CARF framework
The UK’s HMRC will implement CARF rules in 2026, standardizing global crypto tax reporting and increasing compliance obligations for exchanges and asset managers.
Cryptocurrency tax reporting implementation is delayed until 2027
The delay in crypto tax reporting implementation provides a multi-year adjustment period for exchanges and users, impacting regulatory compliance timelines and operational planning across the industry.
