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Uniswap and a16z Urge Illinois to Exempt DeFi From Digital Asset Tax Rules
Major industry stakeholders, including Uniswap Labs, venture capital firm a16z, and the DeFi Education Fund, have formally requested that the Illinois Department of Revenue revise its proposed digital asset taxation fra…
South Korean FIU Moves to Block Access to Two Undeclared Crypto Operators
The Korean Financial Intelligence Unit (FIU) has initiated a crackdown on unauthorized cryptocurrency service providers, requesting the Korea Communications Standards Commission to block domestic access to two platforms…
Westpac to Impose AUD 10,000 Monthly Limit on Crypto Transfers
Westpac, one of Australia's largest financial institutions, has announced a significant policy change regarding digital asset transactions. Starting December 1st, the bank will implement a monthly payment limit of AUD 1…
Beijing Fines Tech Firm 930,000 Yuan for Aiding Blockchain Pyramid Scheme
The Haidian District Market Supervision Bureau in Beijing has concluded the city’s first investigation into a case involving illegal pyramid scheme activities facilitated by blockchain and virtual currency technology. A…
Utah Files Felony Charges Against Kalshi and Co-Founders Over Gambling
The Utah Attorney General's Office has initiated criminal proceedings against the prediction market platform Kalshi and its co-founders, Tarek Mansour and Luana Lopes Lara. On Wednesday, local authorities filed a total …
CFTC to Host Roundtable on 247 Derivatives Trading and Tokenization
The United States Commodity Futures Trading Commission (CFTC) has announced a high-level industry roundtable scheduled for December 15, 2026, to deliberate on the implementation of a 24/7 trading mechanism within the de…
Hong Kong Sets Dates for Fintech Week 2026 and New VA Regulations
The Hong Kong Special Administrative Region (HKSAR) has officially announced that Fintech Week 2026 will take place from November 2 to November 6, 2026. This announcement followed the sixth meeting of the Fintech Projec…
Anthropic Warns of Potential Federal Scrutiny Risk Ahead of Planned IPO
The prominent artificial intelligence safety research firm Anthropic has issued a formal warning regarding potential government retaliation as it prepares for its initial public offering (IPO). According to documents fi…
Circle Urges SEC to Classify Payment Stablecoins as Cash Assets
Circle, the issuer of the USDC stablecoin, has formally submitted a letter of opinion to the U.S. Securities and Exchange Commission (SEC) regarding proposed regulations for crypto assets. The firm advocates for a signi…
Birch Hill Secures $6 Million in Seed Funding Led by Multicoin Capital
The New York-based financial technology startup Birch Hill has successfully closed a $6 million seed funding round, marking a significant milestone in the integration of traditional private credit with blockchain techno…