News linked to both this project and an event.
According to Cointelegraph, the Finance Committee of the French National Assembly approved amendments to the 2027 Finance Bill this week, proposing that as of January 1, 2027, the exchange of cryptocurrencies for fiat-pegged stablecoins would be classified as a taxable event, meaning investors could face capital gains tax even without converting the assets into fiat currency.
Odaily report: The Securities and Exchange Commission (SEC) of Thailand has completed the drafting of relevant rules to allow cryptocurrency exchange-traded funds (ETFs) to be listed and traded on the Stock Exchange of Thailand, initially limited to Bitcoin and Ethereum. The rules will take effect on October 16, 2026.Initially, products such as depositary receipts linked to overseas cryptocurrency ETFs will not be permitted, and Thai brokerages will still not be allowed to assist retail investors in investing in overseas cryptocurrency ETFs. Institutional investors and ultra-high-net-worth individuals are not subject to this restriction. Mutual funds and private funds may invest in cryptocurrency ETFs established in Thailand.The relevant ETFs must adopt a passive investment approach, tracking the prices of the underlying crypto assets, and must maintain an average net exposure to any single cryptocurrency of at least 80% of net asset value during each fiscal year. Brokerages may not provide margin financing, and fund assets must be custodied by digital asset custodians regulated by the SEC. (Cointelegraph)
Odaily News: The International Monetary Fund (IMF) stated that the tokenized financial market is growing rapidly, but legal uncertainty, insufficient interoperability, and the lack of a widely recognized settlement asset could still limit its further development.In its latest analysis, the IMF noted that as of July, the scale of tokenized real-world assets (RWA) was approximately $65 billion, still relatively small compared to the roughly $300 trillion in global capital market assets. Among these, tokenized credit products accounted for approximately $30.4 billion, money market funds approximately $17.5 billion, and tokenized equities approximately $2.3 billion.The IMF stated that tokenized equities are attracting investors by supporting 24/7 trading and fractional ownership, but their liquidity is significantly lower than traditional markets, with actual volatility approximately 1.5 times that of traditional stocks. As the tokenized market expands, increased market correlation and leverage could amplify liquidity risks, concentrated selling, and risk contagion.The IMF said tokenization could reshape financial markets, but future development will depend more on improved policy frameworks, market depth, trust mechanisms, and risk protection measures. Currently, since the market size remains relatively small, the systemic risks posed by tokenized assets are limited. (Cointelegraph)
Odaily reports: Members of the European Parliament are calling on the European Commission to include corruption risks related to crypto assets, opaque ownership structures, and digital tools in its upcoming anti-corruption strategy. The European Parliament passed a non-binding resolution on Thursday outlining policy priorities for the strategy.Lawmakers also called for strengthened tracking, freezing, confiscation, and recovery of criminal proceeds, as well as improved rules on public procurement, conflicts of interest, lobbying, and political financing, along with enhanced protections for whistleblowers and investigative journalists.The European Commission plans to adopt its first anti-corruption strategy by the end of 2026. The strategy will complement the EU Anti-Corruption Directive that took effect in May, which harmonized the definition of corruption offenses and minimum penalty standards across member states. (Cointelegraph)
According to Cointelegraph, the European Securities and Markets Authority (ESMA) has urged EU crypto companies to stop offering services involving stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA) framework, setting a three-month deadline to address existing risk exposures. ESMA stated that national regulators should require the relevant companies to resolve any remaining non-compliant stablecoin exposures by no later than January 8, 2027.
Odaily reports: The European Securities and Markets Authority (ESMA) has stated that EU crypto asset service providers authorized under MiCA should cease offering services involving stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA) to EU clients, and should address existing related exposures no later than January 8, 2027.The guidance covers trading platforms, exchange services, order execution, custody, transfers, investment advice, and portfolio management. ESMA requires firms to take technical, contractual, and organizational measures to prevent EU clients from gaining or increasing exposure to unauthorized stablecoins.Regulators may allow firms to provide limited services such as liquidation, conversion, withdrawals, transfers, and safekeeping to help clients exit existing positions, but such activities must be temporary arrangements and subject to strict supervision. This update extends the relevant guidance published by ESMA in January 2025. (Cointelegraph)
According to Cointelegraph, former New York Governor Andrew Cuomo stated during a conversation at Token2049 with OKX CEO Xu Xingming that the cryptocurrency industry's heavy tilt toward the Republican Party has alienated Democrats, and that passage of federal crypto legislation such as the CLARITY Act requires bipartisan support. Data indicates that crypto PACs contributed $54.3 million to Republicans and $26.2 million to Democrats during the 2026 election cycle, with an additional $23.2 million spent against Democratic candidates. Cuomo also rejected the notion that the Democratic Party is inherently opposed to cryptocurrency, noting that crypto aligns closely with Democratic values regarding financial inclusion, and urged the industry to adopt a more balanced approach to political donations.
Odaily reports: Former New York Governor Andrew Cuomo, speaking at a panel discussion at Token2049 alongside OKX CEO Star Xu, said the crypto industry has overwhelmingly supported the Republican Party and has alienated the Democratic support needed to advance the CLARITY Act.During the 2026 election cycle, crypto-focused political action committees have spent $54.3 million supporting Republicans, $26.2 million supporting Democrats, and another $23.2 million opposing Democrats.As of Thursday, Kalshi prediction markets show Democrats have about a 61% chance of winning both chambers of the U.S. Congress. Cuomo said a Democrat-controlled Congress could roll back regulators' crypto policies or work with the Trump administration to advance a full CLARITY Act.Cuomo said Democrats are not opposed to crypto technology, which can help people who previously lacked access to financial products obtain related services. In July 2025, 78 House Democrats joined 216 Republicans in voting to pass the CLARITY Act. (Cointelegraph)
Canton CEO and Digital Asset co-founder and CEO Yuval Rooz said at Token2049 in Singapore that the crypto industry should leverage the current regulatory environment to accelerate institutional adoption and drive broader blockchain usage, reducing the likelihood of future governments reversing the industry's progress. He said that regardless of what happens in 2028, the industry should reach a point of "no return."Yuval Rooz compared the opportunity for blockchain adoption to Uber and Airbnb, noting that both services achieved widespread use before regulators took restrictive measures. The next US presidential election is scheduled for November 7, 2028, which could bring changes in government and regulatory priorities.In the same panel discussion, Binance co-CEO Richard Teng said he hopes the CLARITY Act ultimately becomes law, adding that legislation can prevent regulatory backtracking and drive institutions into the market. Franklin Templeton CEO Jenny Johnson said legislation would increase certainty, but the industry should not rely on the bill's passage; the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have already been advancing crypto regulation under existing authorities. (Cointelegraph)
Odaily News: According to people familiar with the matter, crypto media Cointelegraph is looking for potential buyers, and the specific sale price has not yet been disclosed. The report states that due to the prolonged downturn in the crypto market and a Google search penalty, Cointelegraph's website traffic has dropped sharply. In October 2025, Google imposed a manual penalty on it, causing organic search traffic to fall by about 80%. Similarweb data shows that the site's monthly visits have dropped from more than 12 million in December 2024 to slightly more than 700,000 in September 2026.Cointelegraph was founded in 2013 and currently has more than 200 employees. As of the time of publication, the company had not responded to a request for comment. (CoinDesk)
According to Cointelegraph, House Financial Services Committee Chair French Hill noted that the regulatory measures for crypto assets currently implemented by the SEC and CFTC lack the long-term stability granted by congressional legislation, and overall fall short of the standards set by the Clarity Act.
Odaily News: French Hill, Chairman of the U.S. House Financial Services Committee, stated that regulators' efforts to advance digital asset regulation lack the long-term stability that congressional legislation would provide. He hopes Congress will pass the CLARITY Act during the lame-duck session before the new Congress takes office in 2027.The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have previously proposed related rulemaking plans. French Hill stated that the regulatory actions of the two agencies following the U.S. Senate's failure to pass the CLARITY Act last month are still insufficient to serve as a substitute for a legislative solution.SEC Chairman Paul Atkins and CFTC Chairman Michael Selig have announced that they will proceed with cryptocurrency regulation in accordance with the directives of U.S. President Donald Trump. As of Wednesday, there were a total of 7 vacancies in the leadership of the two agencies; among them, Hester Peirce announced last week that she would resign as an SEC Commissioner, and the CFTC is currently led solely by Selig as Chairman and Commissioner. (Cointelegraph)
Odaily reports: Crypto wallet provider Tangem has announced the launch of its first physical Visa card, supporting in-store and online purchases as well as ATM withdrawals, with an initial limited release of 5,000 cards. Users can top up the card directly from their self-custodial wallet, and if the card is suspended or closed, funds can be transferred back to the wallet.More than 40% of Tangem Pay payments come from Latin America, and over 30% from the United States. Tangem stated that the physical card currently cannot be shipped to approximately 20 countries and regions, including China, Russia, North Korea, and Palestine, with these restrictions affected by KYC, sanctions, banking rules, and card issuance compliance requirements.Tangem Pay will also offer USDC cashback on eligible purchases, with 1% cashback for Basic users and 2% for Plus users. Tangem plans to showcase the first batch of physical cards during Token2049 in Singapore. (Cointelegraph)
Odaily News — Jeff Yan, co-founder and CEO of decentralized exchange Hyperliquid, said at Token2049 Singapore that Wall Street's traditional wealth creation model is unsustainable for most participants. Assets such as company stocks are often only opened to the public after listing, causing retail investors to miss the main growth gains before listing.Jeff Yan stated that Hyperliquid's primary goal is to expand wealth creation opportunities and participation in the financial system, and that revenue is merely a byproduct of delivering user value, not an optimization target. Its perpetual contracts have no expiration date, which can reduce the number of decisions traders need to make and avoid liquidity fragmentation.Hyperliquid generated $72 million in revenue over the past 30 days, ranking third among the highest-revenue DeFi protocols. In July this year, Pantera said that onchain perpetual contracts may become a mainstream trading tool in global financial markets due to their structural advantages.Jeffrey Sprecher, CEO of Intercontinental Exchange, the parent company of the New York Stock Exchange, previously called on regulators to create a level playing field for around-the-clock onchain perpetual contracts. In March this year, NYSE partnered with tokenization platform Securitize to develop blockchain-based stock trading infrastructure. (Cointelegraph)
Odaily News: Russia has registered its first batch of cryptocurrency exchange operators and digital asset custodians under new regulations that took effect on September 1. The Bank of Russia has published the list of the first authorized operators, including 4 exchange operators and 5 custodians.Sberbank, Russia's largest bank, has been included in the custodian list alongside Atomyze, Voltari, and Cloud Infrastructure. Sberbank stated that it has applied for digital asset custodian status and plans to launch its first crypto products on December 1 through the SberBank Online, SberInvestments, and SberBusiness platforms, initially supporting Bitcoin (BTC), Ether (ETH), and USDt (USDT).T-Invest Lab, Zefir, and Sistema-Crypto were included in the exchange operator list, while VTB Bank appears on both lists. The registrations are based on a cryptocurrency bill signed by Russian President Vladimir Putin in August, which brings exchanges, custodians, brokers, and investors under the supervision of the Bank of Russia, and maintains the prohibition on using cryptocurrency to pay for goods and services. (Cointelegraph)
According to Cointelegraph, the German Federal Financial Supervisory Authority (BaFin) has rejected the crypto-asset service provider (CASP) license application submitted by futurum bank AG, a subsidiary of Bitcoin Group SE, under the Markets in Crypto-Assets Regulation (MiCA). Consequently, the cryptocurrency trading platform Bitcoin.de, which it operates, currently remains under trading suspension.
Odaily News: Crypto asset platform operator Bitcoin Group SE announced that the German Federal Financial Supervisory Authority (BaFin) has rejected the crypto asset service provider license application submitted by its subsidiary futurum bank AG under the Markets in Crypto-Assets Regulation (MiCA). The company is evaluating alternative operating models and seeking to restore Bitcoin.de trading as soon as possible through a regulated partner.Moritz Eckert, CEO of Bitcoin Group SE, stated that the company had prepared for the rejection of its application and will now review the decision, with the option to file an objection or resubmit the application in the future. Bitcoin.de is a German crypto trading platform operated by futurum bank AG, with over 1.1 million registered users.Bitcoin.de was originally a peer-to-peer trading marketplace and switched to a broker model this year, with plans to offer over 100 cryptocurrencies, crypto asset exchange, and staking services. The platform was originally scheduled to launch the new model at the end of June, but it was delayed due to waiting for MiCA licensing, and trading has been largely suspended since June 12. (Cointelegraph)
According to Cointelegraph, digital asset management firm CoinShares surveyed 2,230 wealthy investors with investable assets exceeding $500,000 across seven countries, including the US, UK, France, and Germany. The results indicate that most respondents already hold digital assets, with crypto assets accounting for an average of approximately 10% of their portfolios.
According to Cointelegraph, former New York Governor and OKX board member Andrew Cuomo published an op-ed warning that the United States' current cryptocurrency regulatory framework could face political risks amid the upcoming midterm elections, urging Congress to pass bipartisan digital asset legislation that ensures long-term stability.
According to Cointelegraph, the Hong Kong Special Administrative Region government has reiterated its plan to submit a draft amendment bill on virtual asset regulation by the end of 2026, establishing a licensing regime for four categories of virtual asset services: trading, custody, advisory, and management. At a policy briefing on October 5, Paul Chan, Secretary for Financial Services and the Treasury, stated that the government will submit the relevant amendment bill within this year to respond to innovative developments in the financial technology sector and further refine the virtual asset regulatory framework. Previously, the Hong Kong Monetary Authority granted the first batch of stablecoin issuer licenses to Anchorpoint Financial and HSBC Bank (Hong Kong) in April this year. The proposed new licensing regime will further expand the scope of Hong Kong's virtual asset regulation.