Dutch regulator bans Polymarket from operating in the country

U.S. bipartisan lawmakers introduce bill to protect blockchain developers from criminal charges

U.S. Republican lawmakers Fitzgerald and Cline, along with Democratic lawmaker Lofgren, jointly introduced the "Promoting Blockchain Development and Innovation Act," clarifying that Section 1960 of the Criminal Law applies only to entities controlling customer funds, providing legal protection for blockchain developers and resolving conflicts between crypto innovation and regulation.

U.S. Senator Responds to SBF's Plea for Clemency: If the CLARITY Act Applies, the Sentence Could Exceed 25 Years

SBF posted on the X platform stating that the CLARITY Act will become an important milestone for the cryptocurrency industry. U.S. Senator Cynthia Lummis responded that SBF is only seeking a pardon, emphasizing that the bill will result in harsher penalties for him, and pointed out that her legislative proposal is unrelated to SBF.

What signals did the US SEC send behind the new 2% discount regulation for stablecoins?

The U.S. Securities and Exchange Commission (SEC) announced on February 19 that broker-dealers can apply a 2% discount when calculating net capital for payment stablecoins. This move helps integrate stablecoins into the mainstream financial system. The change stems from the GENIUS Act, which sets clearer regulations for stablecoin issuance. This policy not only reduces costs for broker-dealers but also promotes the acceptance of digital assets, paving the way for the future development of financial services.

Tether and Circle ramp up their presence in the South Korean market, possibly in response to local stablecoin regulations

Tether is currently hiring for multiple positions in South Korea, planning to expand the team to prepare for the upcoming "Basic Law on Digital Assets." At the same time, Circle is also advancing its local operations, and both actions are seen as preliminary arrangements for potential regulatory requirements.

South Africa Announces Major Bitcoin Regulation Plan for 2026

South Africa plans to regulate Bitcoin and crypto assets, focusing on monitoring cross-border flows rather than imposing strict laws. Aimed at enhancing transparency, the approach seeks to balance oversight with innovation, potentially influencing regional financial policies.

Polymarket predicts Taiwan's 2026 county and city elections with an "Kuomintang win rate of 88%"! Beware of trading violations of the Election and Recall Law

Recently, the prediction market Polymarket listed the "2026 Taiwan Local Elections: Party Winners" trading pair, showing that 88% of the funds are betting on the Kuomintang, while the Democratic Progressive Party accounts for only 12%. However, the total trading volume is less than $30,000, with few participants and insufficient representation. The market settlement is based on seats rather than votes, and participating in prediction markets in Taiwan may be illegal, facing serious legal risks. Additionally, prediction markets have insider trading issues, so caution is advised when participating.