Industry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.
Coinbase’s trust company received final clearance as lawmakers seek records on crypto firms’ compliance and potential conflicts of interest. The charter brings a federal framework to Coinbase’s custody business, following conditional approval in April. It does not make the exchange a commercial bank....
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Thailand’s securities regulator plans to limit stablecoin deposits and withdrawals to 5 million baht (about $148,000) per customer each day on each licensed crypto platform. The plan aims to stop money laundering, and people can give their opinions on it until November 26. The proposed 5 million baht limit would apply separately to deposits and withdrawals.
A South Korean court has jailed a money launderer for two and a half years in a fake-coin investment scam, using a new crypto protection law for fraud. Prosecutors are now using the Virtual Asset User Protection Act against ordinary scams, even without a referral from regulators. What did the court decide in the fake-coin scam case?
Kraken’s parent company, Payward, earned much less in the third quarter because fewer people traded crypto, according to the company’s financial results for the third quarter of 2026. The falling price of bitcoin is… The company has not listed its shares on the stock market yet, and it is trying to prove it can earn through a down cycle. Why is Payward earning less? Kraken’s parent company, Payward, makes most of its money from fees when people buy and sell crypto.
Departing staff worked on the chain, wallet and ecosystem. The disclosure comes three days after a $30 million product pledge.... Read the full story at The Defiant
