Compliance

South Korea Tightens AML Rules, Targets Small Crypto Transfers

South Korea has revised its anti-money‑laundering rules to capture small crypto transfers, expanding reporting duties, banning violators from owning or operating VASPs, and allowing preemptive asset freezes to curb illicit flows.

Switzerland Postpones Crypto Tax Data Sharing Until 2027

Switzerland will enshrine a global crypto tax-sharing framework into law on January 1 but has delayed putting the regime into effect until at least 2027. The move pauses immediate cross-border tax data exchange for crypto assets despite formal legal adoption.

Published at 2025-11-28 03:45:06
MegaETH Returns Entire $500M After 'Sloppy' Pre-Deposit Campaign

MegaETH refunded the full $500 million collected in its pre-deposit campaign after a chaotic launch exposed major operational and compliance failures. The team says refunds are complete while it investigates what went wrong.

Published at 2025-11-27 23:15:10
Brazil Rolls Out Comprehensive VASP Rules — Firms Must Comply by Feb 2026

Brazil has published a new regulatory framework for virtual asset service providers, setting clear rules on licensing, custody and compliance. Institutions have until February 2026 to meet the requirements and adjust operations.

Published at 2025-11-27 03:15:06
Hamas Attack Victims Sue Binance Over Alleged $1B Transfers

Victims of Hamas attacks have filed a damages lawsuit alleging Binance enabled transfers exceeding $1 billion to sanctioned groups, including Hamas and Iran’s IRGC. The suit claims the exchange failed to stop or block illicit fund flows.

Published at 2025-11-25 18:46:10
Upbit Weighs Appeal Against South Korea’s $25M Fine

Upbit is reportedly considering an appeal after South Korean authorities imposed a $25 million fine over alleged compliance lapses. The move could prolong legal proceedings and shape how regulators enforce rules on crypto platforms.

Published at 2025-11-25 15:01:16
UAE Law Broadens Central Bank Oversight of DeFi, Bans 'Just Code' Defense

Federal Decree Law No. 6 expands the UAE central bank's authority over DeFi and Web3, removes the “just code” defense, and introduces penalties of up to $272 million. The move raises enforcement and compliance risks for developers and protocol operators.

Published at 2025-11-25 10:48:01
New Lawsuit Accuses Binance of Enabling Hamas-Linked Transactions

A lawsuit filed Nov. 24 alleges Binance’s organizational setup and compliance controls allowed individuals tied to U.S.-sanctioned terrorist groups to move funds through the exchange. The case raises fresh legal and regulatory pressure on the world's largest crypto platform.

Published at 2025-11-25 03:30:08
EU Proposes Centralized Crypto Oversight by ESMA

The European Commission has proposed expanding ESMA's authority over crypto exchanges to strengthen security and regulatory enforcement across the EU, a move that has prompted industry concern over centralization and compliance costs.

Published at 2025-11-14 12:48:07
Hedera adds ERC-3643 to Asset Tokenization Studio to boost institutional compliance

Hedera’s Asset Tokenization Studio now supports ERC-3643 alongside Hedera’s native token standard, enabling institutions to issue compliant, modular digital assets on the network. The dual-standard approach aims to improve interoperability and meet global regulatory requirements.

Published at 2025-11-13 00:46:43