Crypto Tax Fairness Debate Explodes in South Korea After Investment Tax Repeal
The fairness of South Korea’s upcoming crypto tax has reignited a fierce political debate, following the recent repeal of the…
Month: May 2026
Senate Votes to Ban Senators and Staff From Using Prediction Markets
In brief The U.S. Senate unanimously passed S. Res. 708, banning senators from trading on prediction markets.Republican Senator Bernie Moreno…
Russia circumvents foreign trade restrictions with the help of cryptocurrency
Powerful Russian businessmen and state-run banking institutions have been profiting from schemes designed to evade Western sanctions, according to a…
FCA Clears Asset Managers to Run Funds Onchain Under Existing Rules
The UK’s Financial Conduct Authority (FCA) has approved new rules that allow tokenized funds to operate fully within the existing…
Senate bans members from prediction markets as insider trading scrutiny grows
The US Senate unanimously passed a rule Thursday barring senators and staff from trading on prediction markets, as lawmakers move…
U.S. senators won’t be weighing in on prediction markets bets after banning themselves
A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from…
Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket
A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue…
CFTC AI tools now review crypto applications as staff falls by more than 20%
CFTC Chairman Michael Selig confirmed the agency is deploying AI tools to review crypto registration applications and monitor trading data,…
US Senate bans itself from betting on prediction markets
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive…
US Senate moves fast to ban its own members from prediction market bets
The U.S. Senate has taken a rare unanimous step. It voted on Thursday to ban lawmakers, staff, and chamber officers…