News linked to both this project and an event.
According to Bitcoin.com, the EU adopted the 21st package of sanctions against Russia on July 23, further tightening controls in the cryptocurrency sector. The new regulations impose trading bans on 14 crypto service platforms in Georgia, Panama, the UAE, Belarus, and other locations, and starting from August 25, prohibit Russian and Belarusian citizens from holding any position or ownership in crypto service providers under the EU's MiCA framework. Additionally, new provisions authorize the EU to impose comprehensive trading bans on third countries that "systemically and persistently fail to prevent" sanctioned crypto activities, granting extraterritorial effect to the relevant regulations.
The South Korean State Council approved the Amendment to the Enforcement Decree of the Specific Financial Information Act, expanding the crypto asset Travel Rule from currently applying only to transfers above 1 million KRW to all transfers to prevent splitting transactions to evade regulation. The new regulations also tighten VASP admission, expand the scope of major shareholder review, and add new financial requirements such as a debt ratio not exceeding 200%; transfers with overseas exchanges and personal wallets will be managed differentially according to risk levels, and high-risk transactions may be prohibited. The Travel Rule and related regulations will be implemented six months after publication.
According to The Nation, the Nigerian Tax Authority issued the "Virtual Asset Tax Guidelines", explicitly incorporating income from virtual asset transactions such as cryptocurrencies, stablecoins, utility tokens, security tokens, and non-fungible tokens into the existing tax system. The guidelines stipulate that gains generated from asset disposal, exchange, and transfer, as well as income derived from mining, staking, airdrops, token rewards, etc., must be taxed in accordance with the law. Virtual asset service providers are also required to fulfill obligations regarding tax registration, transaction information reporting, and suspicious transaction reporting to strengthen tax compliance and regulatory transparency in the country's digital asset sector.
Odaily News – Russia has expanded its cryptocurrency mining restrictions to cover Moscow, the Moscow region, and parts of the Kursk region. The relevant bans will take effect on August 15, 2026, and remain in place until December 31, 2032. According to Russian Government Resolution No. 936, the newly added restricted areas are primarily due to pressure on electricity supply. Russia had previously implemented similar mining restrictions in parts of the Republic of Buryatia and the Trans-Baikal Territory.Russia's Moscow Regional Energy Department stated that, amid the growth of data centers and rising electricity demand, curbing high-consumption cryptocurrency mining activities will help alleviate pressure on the power supply. Data shows that Moscow and the Moscow region currently host 65 data centers connected to the power grid, with a total capacity of approximately 734 MW. (Cointelegraph)
: The South Korean Financial Services Commission has published a revision draft of the "Enforcement Decree of the Special Act on Prevention of Telecommunications-Based Financial Fraud and Refund of Damages." The plan includes transferring funds from phone scams that have been moved into crypto assets under the scope of victim compensation, and clarifies the standards for returning and valuing crypto assets. The relevant regulations are expected to take effect on October 1st.According to the new regulations, if the frozen assets are cryptocurrencies, victims will, in principle, receive compensation in the same type and quantity of assets. If the defrauded assets differ in form from the frozen assets, compensation will be made in the form of the assets actually existing at the time the account was frozen. In cases involving a mixture of cash and crypto assets, regulators will value the crypto assets based on the market price at the time of freezing to determine the final compensation amount. The South Korean Financial Services Commission stated that clarifying the asset form for return and the valuation time point will facilitate faster and fairer compensation in complex cases where funds from multiple victims are mixed. It is reported that the public consultation period for the revision draft will last until August 24th. (Etoday)
the European Union is considering amendments to its Markets in Crypto-Assets Regulation (MiCA). The European Commission is soliciting feedback from relevant stakeholders, with the deadline set for September 30. According to multiple sources familiar with the matter, the Commission is evaluating whether to broaden MiCA's regulatory scope to encompass emerging areas such as tokenization and non-EU stablecoin issuers. MiCA officially came into effect in December 2024, with most service providers granted a transition period to complete compliance adjustments, which lasts until July 1 of this year. (The Block)
According to FOX reporter Charles Gasparino, the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission are currently strengthening their collaboration on the regulatory boundaries of prediction markets and have maintained a consistent stance in recent investigations into anomalous transactions related to the Iran conflict.Charles Gasparino stated that although it is widely believed prediction markets are primarily regulated by the CFTC, the SEC will also become deeply involved when related prediction contracts may be legally classified as "securities." He also revealed that, in addition to the cases already made public, regulatory agencies may launch more enforcement actions targeting prediction markets in the future.
According to The Block, the UK’s Financial Conduct Authority (FCA) has published a new consultation paper seeking feedback on how to bring digital asset activities—including stablecoin issuance, trading platforms, custody, and staking—under regulatory oversight. The consultation period ends on 3 June 2026. Crypto firms will be able to begin applying for FCA authorization as early as 30 September 2026, and the new regulatory regime is expected to officially take effect in 2027. The FCA stated that, prior to the new regime coming into force, crypto assets are largely unregulated in the UK—except for financial promotions and anti-financial crime oversight. Industry insiders note that the UK’s progress on crypto regulation clearly lags behind Europe, which has already established a comprehensive enforcement framework; however, some practitioners view the FCA’s systematic, phased implementation approach positively.