37m ago
UK FCA details retail investment overhaul, CCI rules effective June 2027
The UK Financial Conduct Authority outlined retail investment reforms, replacing EU PRIIPs disclosures with a Consumer Composite Investments framework and revising client classifications. The CCI rules, covering products held by about 12.5 million UK adults, take effect in June 2027. Professional clients lose consumer duty protections, while individuals with at least £10 million ($13.3 million) in cash may opt out.
37m ago
37m ago
Seven Common Airdrop Myths and What Crypto Users Should Know
The piece explains seven widespread misconceptions about crypto airdrops, outlining what they are, how they typically work, and which expectations are unrealistic. It stresses that airdrops are rarely pure "free money", often require users to complete certain actions, and can involve security risks if sources are not properly verified. The article also notes that basic knowledge and cautious participation are generally enough to start using airdrops without being misled by hype or scams.
37m ago
2d ago
Bitcoin Treasury Companies See Median 43% Stock Decline in 2025
Public companies holding cryptocurrency in their treasuries posted a median 43% stock decline year-to-date, underperforming Bitcoin's 7% drop and major equity indexes. More than 100 firms borrowed billions through convertible bonds to buy digital assets, creating mismatches between interest-bearing debt and non-yielding holdings. The financing structure has raised concerns about sustainability as volatility persists across the sector.
BTC
BTC+3.01%
2d ago
2d ago
Do Kwon Faces 12-Year Prison Term for $40B TerraUSD Fraud
Federal prosecutors have requested a 12-year prison sentence for Terraform Labs co-founder Do Kwon following his guilty plea to orchestrating the TerraUSD collapse that wiped out $40 billion in market value. Kwon admitted to defrauding investors and concealing Jump Trading's role in supporting the stablecoin. His defense team is seeking a reduced five-year term, citing nearly three years already spent in detention in Montenegro. Sentencing is scheduled for December 11.
LUNA
LUNA+19.00%
2d ago
2d ago
South Korea Proposes Bank-Level Liability Rules for Crypto Exchanges After $30 Million Upbit Breach
South Korea's Financial Services Commission is reviewing regulations to impose no-fault compensation requirements on cryptocurrency exchanges following a November hack at Upbit that involved $30 million in Solana-based tokens. The proposed framework would align virtual asset providers with traditional financial institutions in terms of liability and operational standards. More than 900 users were impacted by the breach, which saw over 104 billion tokens transferred to external wallets within one hour.
SOL
SOL+4.39%
2d ago
12-5
CFTC Authorizes Spot Cryptocurrency Trading on U.S. Futures Exchanges
The Commodity Futures Trading Commission has authorized spot cryptocurrency products to trade on federally regulated U.S. futures exchanges for the first time. Acting Chairman Caroline Pham said the decision aims to provide American investors with secure, regulated domestic trading options rather than relying on offshore platforms. The authorization follows Congressional reforms enacted fifteen years ago to strengthen U.S. markets after the financial crisis.
12-5
12-4
Taiwan Plans Domestic Stablecoin Launch in Second Half of 2026
Taiwan's Financial Supervisory Commission announced plans to introduce a locally pegged stablecoin by the second half of 2026, contingent on legislative approval of the Virtual Assets Service Act. Initial issuance rights will be restricted to regulated financial institutions under a framework inspired by EU MiCA regulations. The initiative positions Taiwan to modernize payment infrastructure and strengthen its role in the digital asset economy.
12-4