State authorities ordered Virtual Assets LLC to cease operations after the firm failed to demonstrate it was an authorized money transmitter. The action removes access to the company’s ATM network while regulators assess compliance.
French regulators say nearly 30% of crypto firms have not applied for MiCA authorization ahead of a key compliance deadline, putting many operations at legal risk. The disclosure raises fresh concerns about enforcement and service continuity for customers.
UAE authorities have moved to outlaw privacy-focused cryptocurrencies including XMR, DASH and ZEC and introduced tighter stablecoin regulations to boost transparency. The measures aim to reassure institutional investors while increasing compliance for exchanges and issuers.
Nigeria will monitor cryptocurrency transactions under the Nigeria Tax Administration Act (NTAA) 2025, signaling tougher tax enforcement for digital assets. The announcement raises privacy and compliance concerns among users and exchanges.
India’s Financial Intelligence Unit has directed crypto exchanges to require selfie verification and penny-drop bank checks for new users to bolster anti-money laundering and counter-terror financing controls. The move tightens onboarding standards and raises practical and privacy questions for platforms and customers.
The UK Financial Conduct Authority will open applications in September 2026 for a new crypto licensing regime that takes effect in October 2027. Firms that don't secure authorization in time risk transitional limits on offering new services.
Colombia’s tax authority DIAN issued Resolution 000240 requiring cryptocurrency service providers to report transaction data, expanding oversight of the sector. The move aims to boost transparency and support tax and anti‑money‑laundering enforcement.
Crypto.com has become the first firm to receive a conditional Virtual Asset Service Provider license from the Cayman Islands Monetary Authority, marking a regulatory milestone that could expand its services in the jurisdiction.
The UK has introduced new reporting obligations aimed at curbing undeclared crypto income, stripping anonymity from many crypto holdings and making cross‑border flows more traceable. The move gives tax authorities greater certainty but raises compliance and privacy concerns for users and providers.
VELO Protocol has filed a mandatory MiCA white paper to operate in European markets, signaling early compliance with the EU's new crypto framework. The disclosure positions VELO to expand services in Europe and may encourage similar filings by other projects.