FTX has paused creditor payouts in 49 countries due to legal concerns about local crypto restrictions, with most frozen funds linked to users in China. Creditors must wait for legal approval before payments resume, and some are planning to challenge the freeze in court.
AnaisFrom January 2026, crypto traders in the UK must give personal details to platforms or face fines of up to £300. The new rules aim to stop tax evasion and will require both users and crypto companies to report more information to HMRC.
WeatherlyElon Musk launched a new political group called the America Party after clashing with the Trump administration over a major tax and spending law. Treasury Secretary Scott Bessent mocked Musk on live TV, calling him a "loser" and downplaying his influence in politics.
AnaisUAE regulators confirmed that staking Toncoin does not qualify anyone for a golden visa, denying claims made by The Open Network. They warned the public to ignore false offers and said crypto investments have no link to visa or residency rights.
WeatherlyDubai Land Department has partnered with Crypto.com to allow blockchain and crypto payments in real estate deals, including paying government fees with digital assets. The move supports Dubai’s 2033 vision to modernise its property sector, with plans to tokenise real estate and attract more global investors.
WeatherlyHong Kong will start issuing stablecoin licences from August under a new law, with only a small number expected to be approved by the end of 2025. The rules will allow only fiat-backed stablecoins and focus on safe, practical uses like cross-border payments.
AnaisPumpfun will launch its PUMP token on 12 July, aiming to raise $600 million by selling 15% of its supply across its own site and Gate.com. Despite the hype, the platform’s revenue and user activity have dropped sharply, while rival LetsBonk is gaining ground.
WeatherlyPolaris Office has filed 102 trademark claims in South Korea for its upcoming won-pegged stablecoin, POLAKRW, as it expands into digital finance. The move comes as tech and banking firms rush to prepare for new stablecoin laws expected soon under the country's tighter crypto rules.
AnaisTwo men were jailed in the UK for running a fake crypto investment scam that stole over £1.5 million from at least 65 people. They used cold calls and a fake website to trick victims, with the money never actually invested.
AnaisTikTok is planning to launch a new app specifically for U.S. users by September 2025 amid ongoing talks to address national security concerns over its Chinese ownership. The existing app will be phased out by March 2026, with users required to switch to the new version to continue using the platform.
Weatherly