‘Highly risky’: India warns crypto and NFT investors have no regulatory recourse
India's FIU-IND flagged 15 offshore crypto platforms for AML non-compliance and warned that crypto and NFT investors may have no recourse for losses.
Regulation & Policy
Legislation and rulemaking, SEC/CFTC and global regulators, enforcement actions and court rulings, central banks and CBDCs, tax and licensing regimes.
47 posts
Dollar-Backed Stablecoins Can Push Local Currencies Lower, Bank of Korea Study Finds
A Bank of Korea study finds Binance fiat-stablecoin listings cut local currency premiums and tie dollar-stablecoin demand to local-currency depreciation against the dollar.
National Sheriffs’ Association Drops Opposition, Moves to ‘Neutral’ on CLARITY Act
The National Sheriffs' Association shifted to neutral on the CLARITY Act in a Sept. 4 letter to Senate leaders, removing a law-enforcement objection weeks before a scheduled cloture vote.
IMF Confirms El Salvador’s Bitcoin Growth Since June 2025 Came From Private Donations, Not Public Funds
The IMF now says El Salvador's bitcoin reserves grew through private donations, not public money, a reversal from its earlier claim that coins were merely shifting between government wallets.
CFTC Moves to Dismiss CME Lawsuit Over Crypto Perpetual Futures
The CFTC urged a federal judge to throw out CME Group's lawsuit over Kalshi's crypto perpetual futures, saying the exchange operator hasn't shown concrete financial harm.
Australia Warns Crypto Firms of Fines Up to 10% of Turnover Ahead of Oct. 1 Licensing Deadline
ASIC is enforcing an Oct. 1 licensing deadline for Australian crypto firms, warning of fines up to 10% of annual turnover for unlicensed operators.
FBI Seizes $560,000 in Crypto Tied to Hamas, Takes Over Fundraising Sites
The FBI took control of fundraising domains linked to Hamas's military wing and seized roughly $560,000 in cryptocurrency, according to the Justice Department.
New Jersey Becomes First State to Ask Supreme Court to Weigh In on Prediction Markets
New Jersey asked the US Supreme Court to resolve a circuit split over whether states or the CFTC regulate sports-event prediction markets like Kalshi, the first state to escalate the jurisdictional fight.
SEC Proposes Transfer Agent Rule Overhaul, Sets Roundtable on 24/7 US Trading
A 421-page proposal would let transfer agents use blockchain recordkeeping, as the SEC separately set a roundtable on around-the-clock US equities trading.
UK Crime Agency Freezes $13.5 Million Premier League Account in Sorare NFT Crime Probe
The NCA secured a Westminster Magistrates' Court freezing order over the first payment under a Sorare–Premier League sponsorship deal, as part of a gambling-law investigation into the Messi-backed NFT fantasy football platform.