Enforcement Actions

The European Central Bank (ECB) proposed integrating blockchain technology into its digital euro initiative this week, while Sberbank announced plans to accept ether and USDT as collateral for loans. The US Treasury proposed the GENIUS Act, which would require exchanges to audit foreign

The UK National Crime Agency (NCA) issued a freezing order over £10,024,041.33 (approximately $13.5 million) held in the Premier League’s Barclays Bank account. The funds came from the first payment under Sorare’s licensing agreement. During the same period, the UK Gambling Commission charged Sorare with conducting gambling activities without a license, while the FCA wrote to 21 clubs, 13 of which had a total of 18 unauthorized crypto sponsorship arrangements. NCA Freezes £10.24 Million in Sorar

Bitcoin (BTC) has weakened further, falling back to around $77,360 on September 2. The U.S. Securities and Exchange Commission (SEC) has proposed updating the rules for registered transfer agents to adapt to the era of blockchain and tokenization; the rules have not undergone major revisions since the late 1970s. Singapore is considering allowing cross-border stablecoins jointly issued by multiple parties to be included in its regulatory framework, reconsidering its previous decision to limit th

According to The Block investigation on September 2, Robinhood Wallet and Fomo applications allow users to purchase meme coins through Apple Pay or Google Pay using credit cards without completing identity verification. Visa and Mastercard transactions were classified under MCC code 5815 (digital

According to The Sun, the UK's National Crime Agency (NCA) froze 10 million pounds (approximately $13.5 million) on Monday as part of an investigation into blockchain-based trading card platform Sorare over allegations of unlicensed gambling. The freeze was issued following a January 2025 order

According to The Block investigation, Crossmint's token checkout product allows Fomo and Robinhood Wallet users to purchase memecoins using credit cards through Apple Pay or Google Pay without completing know-your-customer verification, while earning standard card rewards. The transactions are

The Digital Chamber and the Illinois Blockchain Association filed a lawsuit challenging Illinois' 0.2% digital asset tax, which is set to take effect on January 1, 2027. The plaintiffs argue the tax violates due-process protections and the Commerce Clause of the U.S. Constitution. They claim the tax

According to the Digital Chamber, the organization and the Illinois Blockchain Association filed a lawsuit challenging Illinois' newly imposed 0.2% digital asset tax as unconstitutional. The tax, set to take effect on January 1, 2027, applies to digital asset

The United States has granted itself authority to sever correspondent banking relationships with foreign financial institutions that facilitate transactions for firms linked to Iran's crypto sector. The regulatory action aims to curb illicit financial flows associated with Iran's cryptocurrency acti

President Donald Trump's TRUMP meme coin launched on the Solana blockchain on 17 January 2025, three days before his inauguration. The token peaked at $73.43 within 48 hours and trades near $2.44 as of September 2026, representing a decline of more than 96% from its all-time high. Insiders

A federal judge dismissed all claims against Solana Labs and the Solana Foundation in a Pumpfun class action lawsuit. The ruling determined that the memecoins $FRED and $GRIFFAIN do not qualify as securities. The decision absolves the organizations of legal liability in the case. The dismissal

A federal judge has recently dismissed all claims against Solana Labs and the Solana Foundation in a Pumpfun class action lawsuit. The court ruled that memecoins $FRED and $GRIFFAIN do not qualify as securities, clearing major players within the Solana ecosystem of legal liability and establishing r

Vietnam launched a pilot framework for crypto assets through a government resolution issued in September 2025. The framework restricts tokenization offerings exclusively to foreign investors and requires all issued crypto assets to be backed by real-world assets excluding securities and fiat

According to OJK Indonesia, the enforcement task force Satgas PASTI recently suspended YWWSDC operations due to regulatory violations concerning cryptocurrency asset investments. The agency determined that YWWSDC lacked necessary authorization to operate as a digital financial asset trader and was marketing unauthorized crypto investment schemes without required licenses. The suspension reflects heightened regulatory scrutiny on compliance in Indonesia's crypto sector.

According to BeInCrypto, on September 1, Brazilian presidential candidate Renan Santos had 3.3 million reais (approximately $600,000) in campaign funds frozen and 16 social media accounts restricted. The decision came weeks after Santos publicly supported establishing a national bitcoin reserve.