The severity of any sanctions remains unclear because South Korea's current crypto law contains no direct sanction provisions for hacking or IT failures.
The stablecoin-focused GENIUS Act became a law a year ago.
The order cuts French users off ahead of the World Cup final, which will settle the largest event markets in the industry's history.
The delay does not postpone the law’s Jan. 18, 2027 effective date, leaving regulators and stablecoin issuers with a compressed implementation window.
The regulator cited concerns over addictive mechanics, a lack of self-exclusion tools, and a high volume of French users bypassing previous financial restrictions.
The defendant reportedly led a criminal group that operated under the guise of BitShine, which was once registered with the FSC.
The gang impersonated police officers and used convincing fake police websites to steal more than £4M in cryptocurrency from eight victims.
Optimism is brewing to get a crypto bill passed, with some variations on timing as onlookers wait to see how ethics will shake out.
President Trump's teleprompter is under scrutiny following a report alleging that he used insider knowledge to place bets on Kalshi.
DOJ indicted Sioux Falls crypto investor Benjamin Paul Wiener on 29 counts over an alleged $20 million fraud, with a trial set for Sept. 15.
Tether invested $20 million in Argentine neobank Ualá, joining a $197 million funding round that valued the fintech at $3.2 billion.
ORANGE JUICE raised $40 million to acquire businesses, pursue a bitcoin treasury strategy, and implement a permanent capital ownership model.
The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX founder Sam Bankman-Fried.
The nonbinding resolution passed without objection after Bankman-Fried asked for clemency, months after Trump pardoned other major crypto figures, including Changpeng Zhao and Ross Ulbricht.
The pair allegedly shipped over 500 drug parcels over a seven-month period and laundered hundreds of thousands of dollars through crypto.
Ethics will be front and center Thursday at a meeting with President Donald Trump, a small group of lawmakers and White House staff.
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected to meet on it.
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned real estate.
JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft, Circle, and SPY shares will also be tokenized.
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund.
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products.
The Czech Republic moved to block Polymarket, joining other European jurisdictions targeting prediction markets over unlicensed gambling.
The amendments establish the basis for separate crypto taxation at a rate of approximately 20%, down from the current maximum 55% rate.
Treasury Secretary Scott Bessent says OFAC sanctioned multiple Iran-linked crypto wallets, freezing over $130 million.
The Ministry of Finance and Economy said it will establish the 'National Asset Basic Act' to update the government's asset management system.
TeraWulf said that its data centers in New York remain operational and that its ongoing development plans are unaffected.
The startup will build tech and provide consulting to help institutions operate on Ethereum while maintaining confidentiality.
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.
Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.