Enforcement Actions

The Reserve Bank of India (RBI) has backed a policy leaning towards banning cryptocurrencies, while India's Income Tax Department has raised concerns about tracking crypto tax compliance on overseas exchanges, according to internal government documents reviewed by Reuters in May and June. The Incom

According to The Block, the U.S. Federal Trade Commission (FTC) is conducting an early-stage investigation into the online sports betting industry, focusing on alleged false or misleading advertising by companies including FanDuel and DraftKings. Prediction market platforms such as Kalshi and

Apex Accelerator has been linked to a September exploit at Dominion Market, according to a report by @scotsmancrypto, co-founder of Dominion Market. The report claims Apex Accelerator is the same group behind the exploit, raising security concerns in the crypto community. The allegations may

Democrats in the U.S. Congress could expand investigations into the cryptocurrency industry if they win control of either chamber in the November midterm elections, Reuters reported on October 13. A Democratic majority would enable lawmakers to demand documents from crypto companies, hold

Bitcoin and the broader cryptocurrency market declined during October, with BTC trading at $83,400, down 3.2% over the past week. Bitcoin peaked near $87,000 early last week before sliding to $81,000 on Monday, representing a roughly 7% drawdown, then bounced modestly. The decline occurred amid

According to Justice Mark Turner's ruling Monday, Chinese fraud victims lost their High Court bid to recover 61,000 Bitcoin seized by British authorities. London's High Court determined that Chinese law, rather than English law, should govern ownership claims to the assets. The victims sought to

An investigator with the Main Investigative Directorate of the Ministry of Internal Affairs of the Republic of Tatarstan drew up an inspection report on October 10, 2026, documenting the seizure of 6,328 USDT from the defendant’s trading account on the RoboForex platform via the TRON network. The document, which was published in public sources on October 12, describes the procedure for seizing digital currency under the rules that have been in force in Russia since 2026. The seizure was made pos

On September 17, the SEC granted a five-year exemption for on-chain trading of certain tokenized stocks, while the CFTC issued no-action relief for passive software providers, according to regulatory announcements. Both actions followed the Senate's September 15 cloture vote failure on the

The Reserve Bank of India is renewing its call to bar banks and financial institutions from any exposure to crypto assets and privately issued stablecoins, according to internal government documents from May and June reviewed by Reuters. India's tax department, which taxes crypto gains at 30%, has s

South Korea's National Tax Service announced on October 13 that virtual asset taxation management is its top priority. According to National Tax Service Commissioner Lim Gwang-hyun, the agency will establish a dedicated division to manage digital assets and will introduce overseas tracking

According to Caixin and the UK High Court, on October 12, England's High Court ruled that Chinese investors' property claims regarding bitcoins involved in an illegal fundraising case should be judged under Chinese law, not UK law. This means approximately 16,000 Chinese victims participating in UK

According to a report by Decrypt citing an article published on the 11th in the UK’s The Times, British authorities froze the penthouse apartment of Thet Li (39, Chinese name Li Tian), the alleged financial executive of Cambodia’s Prince Group, on the 13th floor of a building next to St James’s Park in London. The United States has filed for the forfeiture of approximately $14 billion in Bitcoin linked to Prince Group. Prince Group denied last year that the group or Chen Zhi had engaged in any i