Regulation

Philippines' central bank says Binance and its local partner lack licenses to operate
Binance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to a local media report.

Prediction markets get first U.S. rule proposal as CFTC pursues contract reviews
The Commodity Futures Trading Commission opened a proposed rule for public comment that sets an approach to determine contracts in the "public interest."

Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns
The effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details of the seven bills weighed by the panel.

5 corruption gaps Congress must close in the Clarity Act
The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak.

U.S. House tax committee weighs crypto bills, including relief for small transactions
Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

Alsobrooks says Clarity Act needs ethics deal before Senate vote
The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.

Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward
The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.

OCC chief says Democrats applying sole political pressure in World Liberty charter choice
The regulator rejected claims he's doing President Trump's bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.

Crypto for Advisors: The crypto due diligence questions you forgot to ask
As stablecoins, shifting regulation and AI-enabled infrastructure mature, advisors should revisit three questions their crypto due diligence may no longer fully cover.

New DeFi entrant widens field of crypto political campaign funds as elections loom
The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.

