Everything Regulation in crypto

The US Treasury named Iran crypto a sanctionable sector. Close to 60 entities designated and roughly $1B seized to date.

Trump says the CFTC is working on a Hyperliquid US entry. HYPE jumps 25% to near $70, back within 10% of its June record high.

Polymarket blocked across South Korea after the communications standards commission ruled the prediction market an illegal gambling service.

The SEC proposal carves two token offering exemptions, $5M across four years and $75M every twelve months, plus a conditional safe harbor.

Austria fines Bitpanda €70,000 in the FMA's first published MiCA penalty. Two paperwork breaches, a final fine, and an authorization left intact.

The ECB holds that multi-issuance stablecoins are not allowed under MiCA. The European Parliament voted the other way, 390 to 86.

World Liberty secures preliminary conditional approval to issue USD1, the fourth largest stablecoin at $4B.

Reg Crypto is off the calendar: the SEC pulled its August 14 meeting on an unforeseen scheduling issue, with no replacement date announced.

The SEC votes Friday on proposed crypto offering rules expected to open with an SEC safe harbor covering early-stage token sales.

Bybit sues North Korea and the Lazarus Group over its $1.5B hack and secures a federal injunction freezing the stolen assets identified so far.