Circle secures New York trust charter as crypto regulatory push accelerates
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law. Source：CoinDesk
U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships
The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGCbacked…
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. Source：CoinDesk
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts.…
JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional…
Telegram faces terror-related legal action in Australia one day after founder is charged by Russia
The platform faces a fine of up to $38 million for allegedly failing to remove terrorrelated content. Source：CoinDesk
South Korea plans to tax crypto gains over $1,740 as political battle moves to parliament
The country plans on taxing cryptocurrency gains from Jan. 1, 2027, signaling that it does not intend to postpone the measure for a fourth time. Source：CoinDesk
BitRiver founder charged in Russia with $12.5 million fraud
Igor Runets has been transferred to a pretrial detention facility from house arrest as he faces accusations of failing to deliver on a contract. Source：CoinDesk
Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.
Should policymakers look beyond the payroll tax to cover this share of the deficit? Source：MarketWatch
South Korea report proposes stablecoin rules before crypto law
Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.…
Senators said to hatch idea to toughen Trump's concession on Clarity Act's crypto limits
Insiders say that the bipartisan Senate duo revamping the bill's Trumpapproved ethics section have come up with something they hope wins sufficient yes votes.…
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates. Source：CoinDesk