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Regulation/Compliance

News linked to both this project and an event.

Gate Named One of the Best MiCA-Licensed Platforms in 2026, Continuously Strengthening European Compliance Advantages

according to the latest selection by BeInCrypto, Gate has been listed among the "Best MiCA-Licensed Crypto Platforms in 2026" and was recognized as "Best for Access to a Large Cryptocurrency Selection." The review noted that Gate offers a diverse digital asset ecosystem covering spot trading, futures, wealth management, and Web3 services. Leveraging its extensive asset coverage and comprehensive product suite, Gate provides European users with a more refined digital asset trading experience.With the official end of the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA), the European digital asset market has fully entered an era of unified regulation. Gate Europe had previously obtained both the EU MiCA license and a Payment Institution (PI) license. These two important regulatory qualifications provide solid support for Gate Europe's operations under the European regulatory framework, further strengthening the platform's capabilities in compliant operations, risk management, and long-term development. This recognition from a well-known industry media outlet further demonstrates Gate's positive progress in advancing compliance efforts and continuously optimizing products and services in Europe over the long term. Gate Founder and CEO Dr. Han stated that the formal implementation of MiCA marks the official end of the "regulatory arbitrage" era in the European crypto industry, shifting market competition back to products, security, and user experience. His views were also republished by Cointelegraph, further reflecting the industry's widespread attention to this new era of European regulation.Currently, multiple entities under Gate have completed relevant regulatory registrations, applied for licenses, or obtained authorizations and approvals in jurisdictions including Malta, the Bahamas, Japan, the United States, Australia, and Dubai. By securing regulatory permits and registrations across multiple regions, the platform has solidified its global business foundation. Gate continues to advance its global compliance strategy and continuously improve its global compliance network, aiming to provide users with safer, more transparent, and more efficient digital asset services.

Massachusetts Amended Complaint: Kalshi Allegedly Offers Sports Betting to Users Under 21

the Massachusetts Attorney General has received court approval to file an amended complaint against the prediction market platform Kalshi, adding allegations that Kalshi markets to users under the age of 21 through social media and campus campaigns, and has failed to take effective measures to prevent them from using the platform. Kalshi allows individuals aged 18 and older to create accounts and place bets on sports events. The case originated in September 2025, with state authorities accusing Kalshi of offering sports betting in violation of state law. The CFTC previously filed a brief in Massachusetts asserting exclusive jurisdiction over prediction markets, with Chairman Michael Selig stating that Congress has granted the CFTC sole authority to regulate the commodity derivatives market. Kalshi has not yet responded to requests for comment. (Cointelegraph)

Analysis: Bitcoin Long-Term Holders' Holdings Hit All-Time High, Potentially Signaling an Earlier Cycle Bottom

Odaily News According to Cory Klippsten, CEO of Swan Bitcoin, the holdings of Bitcoin long-term holders have risen to a record high, potentially indicating that the bottom of this crypto market cycle could emerge earlier than in the past. Data from on-chain analytics platform Glassnode shows that long-term holders (those holding coins for at least 155 days) currently possess approximately 14.7 million BTC, a historic high, suggesting that seasoned investors are continuing to "hold" their coins, reflecting strong market confidence. The on-chain data also reveals that since November 2025, the supply held by long-term holders has grown by about 14%, indicating the market has re-entered an accumulation phase following a period of significant liquidation.Cory Klippsten pointed out that, in historical cycles, this level of holdings typically corresponds to a cyclical bottom zone, reflecting long-term capital's firm expectations for Bitcoin's future value. He believes this could mean the bottom for the current cycle will arrive earlier than the historical average pace.However, this view contrasts with some market predictions. For example, Jiang Zhuoer, founder of Lebit Mining Pool, suggests the Bitcoin cycle bottom could appear between October and December 2026, and may be influenced by the market Net Asset Value (mNAV) cycle. Furthermore, market sentiment is also affected by the progress of US crypto regulation. Grayscale noted that the passage of the "CLARITY Act" remains uncertain; any legislative delays could prolong institutional deleveraging, creating additional downward pressure on Bitcoin's price. (Cointelegraph)

Australia to Implement Cryptocurrency "Travel Rule" from July; Exchange Transfers Must Include Sender and Receiver Information

According to Cointelegraph, Australia will officially implement the cryptocurrency "Travel Rule" starting from July. At that time, when users conduct incoming and outgoing transfers on locally regulated cryptocurrency exchanges, they must provide the name and platform information of the payee or payer; when transferring to self-custody wallets, they also need to confirm address ownership. This rule is enforced by the Australian Transaction Reports and Analysis Centre, applies to transfers of all amounts, and aims to strengthen transaction traceability to prevent money laundering, terrorist financing, and fraud activities.

Dubai Crypto Market Reaches 50 Licensed Institutions, VARA Approves Tokenization Platform Tribe Tokenisation

According to Cointelegraph, the Dubai Virtual Assets Regulatory Authority (VARA) has granted the 50th Virtual Asset Service Provider (VASP) license to tokenized asset platform Tribe Tokenisation FZE. VARA stated that licensed enterprises must undergo a controlled operation phase before formally providing services. As of the end of 2025, 39 licensed VASPs were fully operational, and the latest 2026 data is still being verified. In comparison, Singapore currently has 37 licensed Digital Payment Token service providers, while Hong Kong has only 13 licensed Virtual Asset Trading Platforms.

Galaxy Research Director Lowers Probability of CLARITY Act Passing by 2026 Again

Galaxy Research Director stated on platform X that due to a shortened legislative calendar and increased competition for floor time from other matters, they have once again lowered the probability of the CLARITY Act passing in 2026. They still believe a vote will take place in July and hope the bill receives 60 supportive votes, but the outcome remains uncertain at this time. (Cointelegraph)

Australia’s ASIC extends the transition period for crypto licenses to the end of September and broadens the scope of exemptions

According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) announced it has extended the temporary regulatory relief period for digital asset businesses applying for an Australian Financial Services (AFS) license to 30 September 2026—three months beyond the previous deadline of 30 June. This extension also broadens the scope of the relief, now covering digital asset businesses operating via authorized representatives or through intermediary arrangements with licensed firms. ASIC stated that since updating its digital asset regulatory guidance in October 2025, it has received approximately 30 license applications. Notably, this extension is independent of Australia’s Digital Asset Framework, which passed Parliament in April this year and is scheduled to take effect on 9 April 2027. ASIC warned that businesses licensed under the current guidance may still require additional authorizations once the new framework comes into force.

U.S. CFTC Seeks Public Comment on New Rules for Reporting Data on Fully Collateralized Event Contracts

According to Cointelegraph, the U.S. Commodity Futures Trading Commission (CFTC) is seeking public comment on new data reporting requirements for fully collateralized event contracts. The proposal aims to replace the CFTC’s long-standing fragmented regulatory framework—comprised of multiple “no-action letters.”

Indonesia Introduces New Regulation: Crypto Asset Promoters Must Obtain Licenses to Conduct Marketing

According to Cointelegraph, Indonesia’s Financial Services Authority (OJK) issued Regulation No. 6, requiring individuals who recommend cryptocurrencies and other digital financial assets on social media platforms to obtain relevant competency certification—except for those already subject to other licensing requirements. The new regulation also stipulates that recommended assets must be listed exclusively on authorized exchanges, and all service providers involved must hold valid licenses.

U.S. House Passes Housing Bill with CBDC Ban

the U.S. House of Representatives passed the 21st Century ROAD to Housing Act with a vote of 358 to 32 on Tuesday, following the Senate's approval of the bill with a vote of 85 to 5. The bill primarily aims to address housing affordability issues and has now been submitted to U.S. President Donald Trump. The bill stipulates that the Federal Reserve shall not directly or indirectly issue or create a central bank digital currency, or any digital asset substantially similar to a central bank digital currency; this provision will expire on December 31, 2030. The bill also sets an exception for crypto stablecoins, allowing "a U.S. dollar-denominated, open, permissionless, and private currency." (Cointelegraph)

Prediction market platform Kalshi begins early IPO talks with investment banks

sources say prediction market platform Kalshi has disclosed it is engaging in early, informal discussions with investment banks regarding a potential IPO. A Kalshi spokesperson declined to comment.Previously, the state of Kentucky filed a lawsuit against five prediction market operators, including Kalshi and Polymarket, accusing them of running unlicensed illegal sports betting and gambling platforms. At least 17 other states have also taken prediction market operators to court. The related disputes involve the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) over event contracts. (Cointelegraph)

AllUnity Launches SEKAU, a Swedish Krona Stablecoin

Digital asset company AllUnity has launched SEKAU, a stablecoin backed by the Swedish Krona. The token is issued in accordance with the EU's Markets in Crypto-Assets Regulation (MiCA) and operates as an electronic money token under MiCA.SEKAU is backed by segregated Swedish Krona reserves and is designed for institutional settlement and cross-border payments. Banking Circle will hold and manage the reserves backing the token, with Sweden's Marginalen Bank serving as the banking partner for the launch, while Trust Anchor Group provides infrastructure integration.SEKAU's initial launch covers five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon. AllUnity stated that it plans to expand SEKAU to more blockchain networks later in 2026. (Cointelegraph)

Philippines Tightens Crypto Regulations, Bans Privacy Coins on Licensed Exchanges

Cointelegraph posted on X platform, stating that the Philippines is tightening cryptocurrency regulatory rules and banning privacy coins from trading on licensed exchanges.

11 national law enforcement agencies shut down AudiA6 crypto money laundering network

law enforcement agencies from 11 countries have jointly shut down the money laundering network AudiA6, which processed over 336 million euros in illicit funds between 2022 and 2025. On June 10, law enforcement arrested two administrators of Russian and Ukrainian nationality in Georgia, seized 25 domain names, over 30 servers, and 80 vehicles, and froze approximately 778,000 euros in cryptocurrency. Operating as a "mixer-as-a-service," AudiA6 provided services to cybercriminals involved in ransomware attacks, helping them cash out crypto assets and conceal the flow of funds, charging commissions of 3% to 10% and claiming to complete the "cleaning" process within about an hour.Since 2021, the AudiA6 wallet has received approximately 10,333 BTC, valued at around $389 million at the time of the transactions. The investigation also revealed that the money laundering network used thousands of fake accounts created with stolen or purchased identities, involving over 6,000 KYC records; many of these accounts were linked to Russian-speaking intermediaries and were used to transfer criminal proceeds through cryptocurrency exchanges. The clearnet and darknet domains of AudiA6 and Dark2Web have been replaced with seizure banners. (Cointelegraph)

Delaware and New Jersey Move Forward with Legislation to Fully Ban Cryptocurrency ATMs

According to Cointelegraph, Delaware and New Jersey have advanced legislation to impose a comprehensive ban on cryptocurrency ATMs. Specifically, Delaware’s House Economic Development Committee has approved House Bill 441, which prohibits the ownership, installation, or operation of cryptocurrency ATMs and mandates the removal of such devices within 90 days after the bill takes effect; violations carry a maximum fine of $10,000.

Bithumb Faces Another Regulatory Storm as South Korean Police Investigate Lawmaker's Influence in Hiring Allegations

Odaily News: South Korean police recently raided cryptocurrency exchange Bithumb to investigate allegations that independent lawmaker Kim Byung-gi used his influence to secure a job for his son. According to reports, Kim’s son joined Bithumb in January 2025 and worked there for about six months. Police are investigating whether external pressure or preferential treatment was involved in the hiring process. Additionally, the case has also implicated Dunamu, the operator of South Korea’s largest crypto exchange Upbit, with the investigation scope expanding from simple hiring issues to potential abuse of power and conflicts of interest.Investigators noted that during his tenure on the National Assembly's Political Affairs Committee, Kim Byung-gi raised multiple inquiries against Dunamu during committee meetings, sparking external speculation that he may have been seeking benefits for the company where his son was employed.It is understood that police have previously questioned executives from several cryptocurrency firms and have conducted search and seizure operations at Bithumb’s headquarters and Bithumb Financial Tower. Kim Byung-gi himself is under investigation on 13 charges, including allegations related to job placements, bribery for nominations, and requests concerning university transfers. He has stated that he believes he will ultimately be able to prove his innocence.Notably, Bithumb has been facing sustained regulatory pressure recently. In March this year, South Korea’s financial regulator fined Bithumb approximately $24.5 million for violations related to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, and issued a six-month partial business suspension order. However, the Seoul court temporarily suspended the penalty in late April, and the relevant legal proceedings are still ongoing. (Cointelegraph)

Coinbase Partners with Better to Launch Crypto-Backed Mortgages, Allowing BTC and USDC for Down Payments This Summer

According to Cointelegraph, Coinbase and Better Home & Finance announced they will launch a cryptocurrency-backed mortgage program in summer 2026, enabling qualified borrowers to use bitcoin (BTC) or USDC as collateral to fund down payments on mortgages backed by Fannie Mae. This initiative follows the U.S. Federal Housing Finance Agency’s (FHFA) directive in June 2025 instructing Fannie Mae and Freddie Mac to include crypto assets in mortgage risk assessments—without requiring conversion into fiat currency. Other lenders, including Newrez, have already begun adopting similar measures. However, some U.S. senators have expressed concerns that cryptocurrency price volatility could threaten housing market stability. Republican Senator Cynthia Lummis has introduced the “21st Century Mortgage Act,” aiming to codify this policy into law.

U.S. House Democrats Call on FTC to Investigate Prediction Market Advertising

: Nine Democratic members of the U.S. House of Representatives have called on the Federal Trade Commission (FTC) to investigate prediction markets, reviewing whether their advertising campaigns are consistent with the statements they make to regulators. Representatives Kevin Mullin and Gabe Vasquez stated that prediction market platforms present themselves to regulators as financial instruments offering investment products, yet advertise to the public as gambling platforms. This contradictory information could mislead consumers.The lawmakers have requested that the FTC provide a detailed response by June 29 on whether it plans to launch an investigation or take enforcement action against prediction markets. Prediction markets have recently come under scrutiny over insider trading issues, and Congress launched investigations into Polymarket and Kalshi in May. (Cointelegraph)

CFTC Follows SEC in Repealing the “No-Action” Policy, Marking a Major Shift in Crypto Enforcement Settlement Rules

According to Cointelegraph, the U.S. Commodity Futures Trading Commission (CFTC) announced on June 4 the repeal of its nearly 30-year-old “neither admit nor deny” policy. Introduced in 1998, this policy required defendants to agree not to publicly deny the CFTC’s allegations as a condition of settlement. CFTC Chairman Rostin Behnam stated that the move aligns with the broader direction across federal regulatory agencies and grants the Commission greater flexibility in enforcement settlements. Earlier in May, the Securities and Exchange Commission (SEC) had already repealed a similar policy. Several crypto firms had criticized the rule for restricting their freedom of speech.

The EU’s MiCA transitional period ends on July 1, and unlicensed crypto firms must cease serving EU customers.

According to Cointelegraph, the transitional period for the EU’s Markets in Crypto-Assets Regulation (MiCA) will end on July 1, 2026. The European Securities and Markets Authority (ESMA) stated that, as of that date, crypto-asset service providers not yet authorized under MiCA—even if their applications are still under review—must cease providing services to EU customers and initiate business wind-down and customer migration arrangements.