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UK sanctions Xinbi over $19.9B illicit crypto flows, restrictions start March 26, 2026
The UK Foreign, Commonwealth & Development Office sanctioned Xinbi on March 26, 2026, a Chinese-language crypto guarantee marketplace accused of processing $19.9 billion in illicit crypto flows from 2021 to 2025. The move freezes any UK-linked assets and bans UK banks, crypto firms, and individuals from dealing with the platform, also naming Thet Li, Hu Xiaowei, and Cambodia-based entities tied to the #8 Park scam compound.
BTC
BTC+0.08%
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xStocks and Fundrise plan onchain launch of VCXx tied to Innovation Fund
xStocks has partnered with Fundrise to tokenize the newly public, closed-end Fundrise Innovation Fund, which holds private-company stakes including Anthropic, Databricks and SpaceX. The tokenized product, VCXx, is expected to go live on xStocks in the coming days following a Friday announcement, after the fund recently began trading on the NYSE. The launch comes as tokenized equities surpassed $1 billion in total onchain value earlier this month, with RWA.xyz data showing Ondo at about 58% market share and xStocks-issued products at roughly 24%.
ADA
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Lummis Says CLARITY Act Updates Could Strengthen Protections for DeFi Developers
On March 27, 2026, Senator Cynthia Lummis said amendments to the CLARITY Act would make it the "strongest protection" yet for DeFi and non-custodial software developers. She pushed back on warnings that Title 3 could still expose protocol builders to money-transmitter rules such as Bank Secrecy Act compliance. The Senate Banking Committee is expected to review the bill in April.
BTC
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ECB casts the digital euro as a defense against Big Tech and stablecoins
The European Central Bank says the digital euro is designed to protect eurozone payments from growing reliance on Big Tech platforms and stablecoins. It argues banks could otherwise lose fee income, customer data access and the stability of retail deposits, while the project includes bank-led distribution and limits aimed at preventing deposit flight. The Eurosystem targets a 2027 pilot, with possible first live transactions in mid-2027 if EU rules pass by 2026 and a potential issuance by 2029.
BTC
BTC+0.08%
1d atrás
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U.S. crypto rulemaking accelerates: PARITY Act tax tweaks, CLARITY yield fight, and Newsom order
On March 28, 2026, a new set of U.S. policy moves highlighted how quickly crypto regulation is evolving, from tax treatment for stablecoins to proposed limits on stablecoin yield products. The Digital Asset PARITY Act draft would exempt certain stablecoin transactions from capital gains tax and add wash-sale rules to crypto, while Coinbase is pressing for changes to CLARITY Act language ahead of expected text in late March or early April 2026. Separately, California Gov. Gavin Newsom issued an order barring state officials and close associates from using non-public information to bet on prediction markets.
BTC
BTC+0.08%
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Senators Unveil 2026 Public Integrity Act to Curb Prediction-Market Insider Trading
A bipartisan group of U.S. senators introduced the Public Integrity in Financial Prediction Markets Act of 2026 on Thursday, aiming to bar government officials from trading prediction-market contracts using nonpublic information. The proposal would fine violators an amount equal to twice any profits, and it requires reporting within 30 days for any wager over $250 with detailed trade disclosures.
BTC
BTC+0.08%
1d atrás
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ECB Working Paper No. 3208: A16z Leads Uniswap Voting, 80% Tokens Held by Top 100
An ECB working paper analyzing Aave, MakerDAO (now Sky), Ampleforth, and Uniswap found DeFi governance power concentrated among a small set of holders and delegates, based on snapshots from November 2022 and May 2023. The study says the top 100 holders controlled more than 80% of governance tokens, while about one-third of top voters could not be identified, complicating accountability and regulatory oversight.
BTC
BTC+0.08%
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Maxine Waters questions Fed’s Kraken account approval, seeks answers by April 10, 2026
Rep. Maxine Waters sent a March 26 letter to Kansas City Fed President Jeff Schmid asking how Kraken Financial obtained approval for a limited purpose Federal Reserve account and what conditions were attached. The letter presses for details on permitted services (including FedACH, Check Services, FedCash, and Fedwire Securities Services), balance and liquidity limits, and any additional oversight beyond Wyoming’s SPDI framework, with a written response requested by April 10, 2026.
BTC
BTC+0.08%
1d atrás