Topic
Rules, filings and enforcement: who is bound, from when, and what compliance actually requires.
A former FBI supervisory agent, Patrick Steven Yaroch, pleaded guilty to wire fraud and money laundering after stealing $2.47 million in cryptocurrency from wallets his bureau had seized across 35 investigations. Sentencing is set for March 4, 2027.
The Central Bank of Nigeria now licenses stablecoin issuers, with capital floors up to 15 billion naira and a ban on algorithmic coins. The rules took effect on 5 November 2026 and reach foreign issuers whose tokens are marketed to Nigerians.
FinCEN cut MEXC Global off from the US banking system on 6 November, barring American financial institutions from moving money to or from the exchange. Treasury says the platform handled at least $16 billion in illicit transactions over five years.
The European Banking Authority has classified Circle's USDC as the EU's first significant e-money token under MiCA. From 12 November 2026 the EBA and France's ACPR will jointly supervise the dollar stablecoin's reserves, capital and redemption plans.
Russia's central bank will let non-qualified investors buy Bitcoin, Ether and USDT from November 17, capped at 300,000 rubles a year through each broker. Paying with crypto stays banned.
Greece's parliament passed its first dedicated crypto tax law on November 5, setting a 10 percent rate on annual gains above 500 euros and a 15 percent charge on staking, lending and DeFi income. The rules take effect on January 1, 2027.
Hong Kong's Legislative Council passed a crypto tax reporting law on 4 November 2026. Exchanges must start collecting customer data in 2027, and the tax office will share it with foreign authorities from 2028. It adds no new tax.
Saudi Arabia has never passed a crypto law or officially approved Bitcoin, yet it has not criminalized holding it either. Here is what SAMA, the CMA and a 2018 government warning actually say, and what is slowly changing.
Fifty-six companies, Amazon and Tesla among them, have told the SEC they do not want their shares traded as tokens on a venue planned by OKX and the owner of the New York Stock Exchange. The objections use a new federal opt-out and show how little appetite big issuers have for crypto rails.
A group of traditional finance firms backed by Cboe and Citadel Securities sued the CFTC over its move to let Americans trade perpetual futures on single stocks. A federal judge refused to halt the contracts but said the challengers were likely to win their claim that the agency overstepped its authority.
The term VASP turns up on license pages from Dubai to Dublin. It covers the crypto exchanges, custodians and brokers that handle other people's money, and explains why the same firm can be a VASP in one country and a CASP in another.
The midterm result hands Democrats control of the committees that write crypto rules. The industry-backed CLARITY Act, already stalled in the Senate, now looks far harder to pass.