Mark Zimmerman

A London High Court judge ruled that Chinese law governs fraud victims’ claims to more than 61,000 seized bitcoin worth about $5 billion. An appeal is pending.

The FSB says crisis-management frameworks for global stablecoins remain largely untested under severe stress and urges cross-border information sharing.

A committee-backed amendment would make crypto-to-stablecoin swaps taxable sales in France from Jan. 1, 2027, but the panel’s rejection of the budget’s revenue section means nothing is law yet.

BaFin refused Futurum Bank AG’s MiCA application, leaving Bitcoin.de trading suspended since June 12. Withdrawals stay open and an objection is possible.

The CFTC excluded casino-style gambling from the swap definition and proposed folding event contracts into swaps regulation, as states press the Supreme Court to settle the fight.

Greece drafts a 10% crypto capital gains tax with a €500 annual exemption, its first crypto tax framework, due in parliament in November.

Sen. Richard Blumenthal has written to Cantor Fitzgerald CEO Brandon Lutnick demanding answers on the firm’s ties to Tether, its sanctions safeguards and its investigation of illicit-finance allegations.

FinCEN has withdrawn its 2020 proposal requiring reports on $10,000-plus crypto transfers to unhosted wallets, along with a 2023 crypto mixer proposal.

Adam Iza was sentenced to 78 months in federal prison and ordered to pay $23.4 million restitution for a $37 million Meta fraud and a sheriff’s deputy conspiracy.

The CFTC proposes Regulation CAM, a federal license for crypto exchanges offering leverage, with a state-license path for spot-only exchanges.

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