Tag: Regulators

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South Korean Lawmakers Slam Regulators Over Bithumb’s $43 Billion Bitcoin Blunder

In brief Lawmakers in South Korea are intensifying scrutiny on financial regulators that missed a structural issue that led to $43 billion in Bitcoin being...

Ireland’s Data Watchdog Joins Global Regulators Probing X Over AI Image Risks

In brief Ireland's DPC has opened a large-scale GDPR inquiry into X over Grok's generation of non-consensual sexualized images, including those of children. The investigation examines...

$44B BTC blunder puts South Korea regulators on alert

South Korea’s top financial watchdog is stepping up oversight of crypto markets days after a local exchange mistakenly distributed billions of dollars worth of...

Hong Kong Regulators to Submit Draft Bill for Crypto Framework in 2026

Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, said local financial regulators are planning to submit a draft framework related...

DeFi Stays Outside Rules as Regulators Tighten Elsewhere

The European Union’s new crypto tax reporting regime under DAC8 is intentionally focused on enforceable targets, leaving decentralized finance (DeFi) outside its scope for...

Banks Fear Stablecoin “Bank Run”, Regulators See No Impact

Banks warn that stablecoins, especially those paying yield, could pull deposits out of the banking system, but policy and finance experts say there’s little...

Regulators Are Applying Traditional Market Rules to DeFi: PwC

PwC’s 2026 crypto regulation report says market surveillance, disclosures, and investor protections are moving onchain.Regulators are starting to treat crypto and decentralized finance (DeFi)...

Exchange association says regulators should prioritize Gen AI threats over quantum computing

The World Federation of Exchanges has critisized market regulators for over-egging the risks from quantum computers at the expense of more pressing priorities, such...

Kalshi, Polymarket and Crypto.com Receive Cease-and-Desist Letters From Tennessee Regulators

Tennessee has issued cease-and-desist letters to Crypto.com and two of the biggest prediction market platforms, requesting the companies to shut down services for customers...