
UK Politicians Consider Permanent Ban on Crypto Donations Amid Farage Controversy
UK politicians are weighing a permanent ban on crypto donations after millions were linked to Reform UK leader Nigel Farage, citing transparency concerns.
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UK politicians are weighing a permanent ban on crypto donations after millions were linked to Reform UK leader Nigel Farage, citing transparency concerns.

Despite retreating on other criticized measures, KOSA and Chat Control maintained mandatory age verification, a move Billions CEO Evin McMullen calls a shift to identified browsing.

Hong Kong's regulator has mandated that crypto platforms and online brokers implement phishing-resistant login measures within the next 12 months.

Interpol's global anti-fraud operation uncovered a single crypto wallet that processed over $122.5 million from romance scams in just 10 months.

Global financial super app Revolut has announced that it will wind down support for Tether's stablecoin, USDT, exclusively within the EEA and Switzerland.

The Bank of Korea is pushing for bank-led won stablecoin issuance and advancing deposit token pilots, despite ongoing debates on issuer rules.

Binance co-CEO Richard Teng stated that European regulators have invited the exchange to seek new licenses after MiCA setbacks, alongside Asian expansion.

Russia's largest private bank, Alfa-Bank, has begun testing cryptocurrency trading services for qualified investors, signaling a major step in digital asset integration.

Senator Ron Wyden is urging Senate leaders to keep the Blockchain Regulatory Certainty Act within the CLARITY Act to protect crypto developers.

EU officials are reportedly planning to revise the Markets in Crypto-Assets (MiCA) framework to include non-EU stablecoin issuers, reacting to new US stablecoin laws.

Bank of England Governor Andrew Bailey has reportedly denied that Nigel Farage's lobbying efforts swayed the institution's Central Bank Digital Currency (CBDC) policy.

Prediction market Polymarket is initiating a U.S. marketing blitz to regain trust following a four-year ban and extensive legal scrutiny, according to its head of U.S. operations.

Bull Bitcoin is challenging a French decree implementing DAC8, citing surveillance and physical risks for up to 135 million European crypto holders.

India's tax department found that fewer than a quarter of the 645,000 crypto transactors reported their activities on tax returns.

Kazakhstan's president has signed a new decree aimed at accelerating crypto adoption, focusing on gas-powered mining, tax exemptions, and stablecoin payments.

The European Securities and Markets Authority (ESMA) will assess crypto custody providers' key management, incident response, and third-party reliance after MiCA.

Kalshi has filed a same-day appeal to the Second Circuit after a New York federal judge denied its request to block state gambling law enforcement.

The Reserve Bank of India continues to advocate for a complete ban on cryptocurrencies, citing concerns over tax evasion, according to Reuters.

European Union lawmakers are set to vote again on controversial "chat control" legislation this Thursday, aiming to monitor private digital communications.

CFTC has taken rare enforcement action against a crypto pool operator, accusing them of defrauding investors of over $14 million.

The SEC's 2026 agenda includes proposed rule changes for crypto broker-dealers, digital assets on national exchanges, and potential safe harbors.

Kraken has secured a $22 million arbitration award against its former auditor Mazars, stemming from damages related to the firm's 2022 audit withdrawal.

Crypto exchange Kraken is reportedly seeking a banking license in Lithuania, aiming to deepen its integration with traditional finance in Europe.

Nigel Farage, leader of the Reform party, is set to resign from UK Parliament following probes into "gifts" from crypto-linked figures.