Hong Kong Bans OTP Logins for Crypto Platforms
Hong Kong’s securities regulator has banned SMS and email one-time password logins for crypto platforms. The move follows a surge in phishing-related cyber incidents.
VI3NNA Declaration 2026 Calls for European Digital Asset Infrastructure
The VI3NNA Declaration 2026 calls for a European digital asset infrastructure and outlines 12 measures. The paper cites stablecoin growth, job losses, and regulatory fragmentation.
Hyperliquid and Phantom Urge CFTC to Clarify DeFi Rules
Hyperliquid and Phantom filed a joint comment urging the CFTC to clarify that DeFi software and non-custodial wallets are not exchanges. The regulator will review responses before deciding on guidance or rulemaking.
Wyden Pushes to Keep Section 604 in Clarity Act Debate
Senator Ron Wyden is pushing to keep Section 604 in the Digital Asset Market Clarity Act. The provision clarifies that non-custodial software developers are not money transmitters solely for publishing code.
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US Judge Approves $1.5M SEC Settlement With Elon Musk
A federal judge approved Elon Musk’s $1.5 million settlement with the SEC over delayed disclosure of his Twitter stake. The case is now formally closed.
Binance Disputes DOJ Memo on US Law Enforcement Cooperation
Binance rejects claims that it will scale back cooperation with US authorities after a reported DOJ memo. The exchange cites a possible misreading of its ADGM licensing obligations.
Legal | News | Regulation
DOJ Memo Flags Possible Shift in Binance Cooperation
A reported DOJ memo warns prosecutors of possible reduced Binance cooperation in crypto cases. Binance denies any change to its law enforcement policies.
DDSC Approved for VARA Exchanges in UAE
DDSC has received Central Bank approval to partner with selected VARA-regulated exchanges in the UAE. The dirham-backed stablecoin has already processed over AED 150 million in transactions.
WEMIX Lists on Kraken, Expanding Access to Western Markets
WEMIX has been listed on Kraken with a USD trading pair. The move expands the gaming-focused Layer-1 token’s reach into Western markets.
Bitcoin Suisse Secures FSRA License in Abu Dhabi
Bitcoin Suisse subsidiary BTCS ME has received Financial Services Permission from ADGM’s FSRA, allowing it to provide regulated digital asset services to institutional clients in the UAE.