News linked to this event type.
Odaily News The UK's National Crime Agency (NCA) has frozen over $13.6 million in funds held in Barclays bank accounts belonging to The Football Association Premier League Limited, the operating entity of the Premier League. The agency obtained a court order from Westminster Magistrates' Court in January 2025, freezing the funds under the Proceeds of Crime Act.The funds represent the first installment of a four-year sponsorship agreement with Sorare, announced in January 2023, which allowed Sorare to issue digital player cards for the 20 Premier League clubs. Sorare's partnership with the Premier League has concluded as of the 2025-26 season.Sorare also faces prosecution by the UK Gambling Commission, accused of offering gambling facilities without an operating license. The company has entered three not-guilty pleas, with the trial scheduled for June 2027. Sorare maintains that its game rewards skill rather than chance and denies that it constitutes a gambling product under UK law. (Decrypt)
Odaily News: Russia's Digital Assets Law took effect on September 1, 2026, legalizing regulated cryptocurrency trading nationwide. Retail investors purchasing cryptocurrencies through a single licensed intermediary are subject to an annual cap of 300,000 rubles, approximately $3,700.The Bank of Russia is responsible for regulating licensed cryptocurrency intermediaries. Exchanges, brokers, and custodians must register as licensed intermediaries and join the self-regulatory organization of the financial market before they can legally provide services to clients.The Bank of Russia will also determine which digital assets licensed intermediaries may offer. Professional investors are not subject to the 300,000-ruble annual cap, and the ban on using digital assets to pay for goods and services within Russia remains in effect.Starting September 1, enterprises engaged in foreign economic activities may use cryptocurrency to pay for goods, works, or services in international trade. The full licensing and compliance requirements are expected to be implemented by July 1, 2027. (Bitcoin.com News)
According to Cointelegraph, Thailand's Securities and Exchange Commission (SEC) has released a proposal to allow intermediaries to provide retail investors with access to overseas cryptocurrency derivatives. Compliant products must feature a structure similar to domestic Thai crypto derivatives (including underlying assets, expiration dates, leverage, and settlement methods) and must be traded on exchanges that utilize central counterparty clearing mechanisms and operate under international regulatory supervision. Non-compliant products will be restricted to institutional investors only. Previously, Thailand's SEC officially added cryptocurrencies and digital tokens to the pool of eligible underlying assets for derivatives on March 5, and is currently discussing contract specifications with the Thailand Futures Exchange (TFEX). The public consultation period ends on September 30, while the exact implementation date remains to be announced.
Odaily News: Cryptocurrency exchange Binance recorded $15.7 billion in inflows in August, setting a monthly record and capturing more than 75% of all centralized exchange inflows. During the same period, Bitcoin's price surged over 20% to break through $80,000, driving growth in exchange trading volumes.Binance Research noted that the $15.7 billion figure is approximately 8.4 times that of the exchange with the second-largest positive inflows, with Bybit and OKX ranking among the three exchanges with the highest liquidity concentration. Inflows at smaller platforms were more dispersed.Additionally, Binance faces allegations in the European Union of accepting local users without obtaining a license under the Markets in Crypto-Assets Regulation (MiCA). (Bitcoin.com News)
According to BeInCrypto, Brazil's Superior Electoral Court (TSE) ruled on August 31 to suspend presidential candidate Renan Santos's digital campaign and freeze approximately 3.3 million reais (about $640,000) in public campaign funds. Justice Dias Toffoli ruled that because Santos registered his 16 campaign social media accounts 12 days past the filing deadline, he violated regulations. He was barred from participating in debates and placing paid political advertisements, with a fine of 50,000 reais (about $10,000) imposed for each violation. Santos had publicly pledged at the "Rio Blockchain 2026" conference on August 13 that if elected, he would establish a national Bitcoin reserve and turn Rio de Janeiro into a "crypto-friendly" city, while abolishing the Financial Operations Tax (IOF), making him the only candidate in this election to openly support a Bitcoin reserve. Santos termed the ruling "censorship" and stated he would pursue an appeal. His candidacy has not been revoked, and street campaigning may continue. Brazil's general election will take place on October 4.
The London Stock Exchange announced plans to introduce a tokenized equity structure in the UK and partner with financial infrastructure platform Payward to explore how regulated market infrastructure and digitally native distribution models can support the development of the tokenized public equity market. The initiative aims to expand access to capital markets while preserving the shareholder rights, investor protections, and governance standards of existing public markets. The exchange will also assess the application of the London Stock Exchange Group's digital securities depository system for settlement and asset services, which remains subject to regulatory approval.
: The Vietnamese government issued a resolution in September 2025, launching a national pilot framework for crypto assets. Under the framework, crypto assets issued within the country must be backed by real-world assets, excluding securities and fiat currencies, and will initially be open only to foreign investors.Boston Consulting Group projects that the global market for tokenized real-world assets could surpass $14 trillion by 2030. Vietnam's State Securities Commission stated that five companies have passed the preliminary assessment for establishing exchanges, with final approval subject to meeting Level 4 information system security standards and maintaining registered capital of approximately $383 million.The Vietnamese government issued a decree on July 16, imposing fines ranging from approximately $1,150 to $1,918 for violations in the crypto asset market, with the decree set to take effect on September 1. Domestic investors will not be immediately penalized for trading on unlicensed platforms; the requirement that they may only trade through licensed institutions will come into effect six months after the Ministry of Finance issues its first exchange license. (Bitcoin.com News)
The Monetary Authority of Singapore has opened a public consultation on proposed amendments to the Payment Services Act 2019 to establish a regulatory framework for stablecoins in Singapore. It is also soliciting public feedback on further regulatory measures, drawing on developments in the stablecoin industry since 2023. The consultation additionally seeks views on policy positions concerning multi-jurisdictional issuance and the recognition of offshore-issued stablecoins. The consultation closes on October 16.
Odaily News - The Securities and Exchange Commission of Thailand (SEC) has proposed allowing intermediaries to offer retail investors access to certain overseas digital asset derivatives trading services. The relevant products must be similar to crypto derivatives traded within Thailand, covering elements such as underlying assets, expiration times, leverage levels, and settlement methods.The proposed products must also be traded on exchanges that adopt a central counterparty clearing mechanism, and such exchanges should be subject to supervision by designated international regulatory or trading organization members. The Thai SEC officially listed cryptocurrencies and digital tokens as permitted derivative underlyings on March 5, and is currently discussing contract details with the Thailand Futures Exchange.Overseas crypto derivatives that do not meet the proposed conditions may only be offered to institutional investors. The public consultation period will remain open until September 30, and the Thai SEC has not yet announced an implementation date for the amendments. (Cointelegraph)
Odaily News JPMorgan and Citadel Securities have both issued short-term warnings, advising investors to remain cautious ahead of the upcoming period of dense macro data releases and the Federal Reserve policy meeting, and to utilize option prices currently at yearly lows to strengthen downside risk hedging.After Fed Chair Warsh delivered a clear signal in his highly anticipated speech on August 28, emphasizing that U.S. inflation has not shown any substantial slowdown, the trading team led by JPMorgan's Head of U.S. Market Intelligence, Andrew Tyler, decided to abandon their bullish stance ahead of the September 16 Fed policy decision. Although they expect economic data and corporate earnings to continue providing support, they have downgraded their view on U.S. equities to tactically cautious.Scott Rubner, Head of Equity and Equity Derivatives Strategy at Citadel Securities, noted that retail investor buying activity in September, as tracked by his firm, has been the weakest of the year since 2019. On days when the S&P 500 index declines, average net retail buying volume is only about half of normal levels. (Bloomberg)
According to HK01, Binance founder Changpeng Zhao recently traveled to Hong Kong to attend the 2026 Bitcoin Asia Conference. During an exclusive interview with HK01, he discussed his memoir *Binance Life*, his time in prison, and Binance's $4.3 billion fine. He revealed that most of the memoir's initial draft was completed while incarcerated. Due to strict conditions limiting computer use to 15-minute sessions without copy-and-paste functionality, he had to rely on fragmented moments to write.
The U.S. Commodity Futures Trading Commission (CFTC) announced that it has jointly issued a final rule with the U.S. Securities and Exchange Commission (SEC) further extending the compliance date for the Form PF amendments approved on February 8, 2024, from October 1, 2026, to July 1, 2027. The CFTC stated that the extension will enable relevant filers to avoid potentially significant costs incurred from implementing subsequent requirements that may be modified or rescinded, and will provide regulators with sufficient time to thoroughly review the comments received on the new rule proposal in April 2026.
Odaily News: Binance Founder Changpeng Zhao (CZ) has stated that most of the first draft of his 374-page autobiography, "The Binance Life", was written in prison. He had only 15 minutes of computer time per session, no copy-paste function, and had to use fragmented time between queuing for equipment.He recalled that in November 2023, Binance paid a $4.3 billion fine for violating the U.S. Bank Secrecy Act. He personally was fined $150 million and stepped down as CEO. He stated that had he not taken on the responsibility, Binance and the entire industry could have suffered greater consequences, making his choice "worth it."Changpeng Zhao said the most agonizing part of his sentence was the uncertainty, as both the fine amount and the sentence length changed over time. U.S. Immigration and Customs Enforcement also issued detention orders three times. He believes this experience made him realize that freedom is not absolute, but his belief in "financial freedom" has been strengthened. (HK01)
Odaily News - The U.S. Court of Appeals for the Ninth Circuit ruled 3-0 on August 28 that sports event contracts offered by Kalshi are not swaps, and that the Commodity Exchange Act does not preclude Nevada from applying gambling regulations to the relevant contracts. The court also vacated a prior injunction that allowed Kalshi to continue offering the contracts, and denied injunction requests from Crypto.com and Robinhood.The U.S. Court of Appeals for the Third Circuit ruled in April of this year that Kalshi's related contracts were likely swaps and protected by federal law from state regulation. The two federal appellate courts are now split on the issue, and New Jersey has a September 3 deadline to petition the U.S. Supreme Court for review.Kalshi said it will seek further review and believes current U.S. Commodity Futures Trading Commission (CFTC) rules do not prohibit sports event contracts. Robinhood said it plans to appeal; the CFTC, meanwhile, noted that derivatives structured as swaps qualify as swaps, and except for onions and movie box office revenue, the law provides no related exemptions. (Bitcoin.com News)
Investigations reveal that North Korean hackers have moved tens of millions of dollars in funds on the decentralized exchange Hyperliquid; meanwhile, the Trump administration is pushing for the protocol to launch in the United States and seeking compliance.
Odaily News The prediction market platform Kalshi has permanently banned former U.S. Representative George Santos and fined him $71,400. Kalshi determined that he manipulated markets related to whether he would attend the State of the Union address, profiting $17,800 from the scheme.In a disciplinary notice issued on August 28, Kalshi's compliance department stated that Santos made multiple large trades in the relevant markets between February 2 and 25. Since he could influence the market outcome, platform rules prohibited him from trading in that market; he subsequently made false or misleading statements regarding his attendance plans in an attempt to influence the prices of the "Yes" and "No" contracts.Kalshi determined that the statements were intended to manipulate prices and did cause price movements, resulting in violations of rules against market manipulation, trading on event outcomes, and fraudulent manipulation. He was also penalized for failing to cooperate with the investigation. This penalty marks the first time Kalshi has issued a lifetime ban against a former member of Congress. (Decrypt)
Odaily News Prediction market platform Polymarket shows that the implied probability of the CLARITY Act passing and becoming law in 2026 is 13%, with related contract trading volume of approximately $11.5 million, a significant decline from the 82% priced by the market in February.The U.S. Senate plans to hold a procedural vote on the bill on September 15. The motion to invoke cloture to start the vote was filed by Majority Leader John Thune and typically requires 60 votes. Prediction market platform Kalshi puts the probability of a Senate vote occurring before October 1 at 91%, with related market trading volume exceeding $1.25 million.The CLARITY Act aims to establish a federal regulatory framework for crypto markets, with the U.S. Commodity Futures Trading Commission (CFTC) exclusively regulating spot digital commodity markets, and the U.S. Securities and Exchange Commission (SEC) overseeing certain securities offerings and exchange activities. The bill still faces disagreements over conflicts of interest between officials and the crypto industry, stablecoin yields, and protections for decentralized finance and non-custodial software developers. (Bitcoin.com News)
US President Trump publicly stated that current interest rate levels are too high, drawing market attention to the direction of the Federal Reserve's monetary policy.
US President Trump publicly affirmed his respect for Federal Reserve Chair Wash, noting that he will independently fulfill his necessary duties, thereby stabilizing expectations for the current monetary policy framework.
Odaily News: The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are advancing cryptocurrency regulatory rulemaking, having solicited public comments on the definitions of swaps, security-based swaps, and emerging products, as well as on the boundaries of regulatory jurisdiction.Former CFTC Chairman Chris Giancarlo, former CFTC commissioners Brian Quintenz and Sharon Brown-Hruska, and former SEC commissioner Steven Wallman, among others, stated in a joint letter supported by Kalshi that similar risks should be subject to similar regulation, avoiding overlapping rules that increase compliance costs.Kalshi estimates that offshore perpetual contract trading volume will exceed $9 trillion in 2025, up from approximately $2.8 trillion two years ago. Chris Giancarlo said that if U.S. regulation is calibrated to actual risk rather than maximum burden, related liquidity could flow back to the United States.Last week, the SEC submitted proposed revisions to custody rules for investment advisers and investment companies to the White House Office of Information and Regulatory Affairs (OIRA) for review, aiming to clarify requirements for regulated investment institutions providing digital asset custody services. The SEC's "Reg Crypto" proposal has been published in the Federal Register, with public comments open until October 20. (Decrypt)