Law and Order

UK Regulators Draft New AML Rules for Crypto Firms

In brief The draft legislation attempts to  close loopholes and updates rules for evolving risks. The new change-in-control threshold for crypto firms would be lowered to 10%. A consultation will be open until September 30, with regulations to be put before Parliament in early 2026. The UK’s HM Treasury released a draft of proposed changes…

Law and Order

Bureaucratic Stalemate Keeps India on Sidelines as Stablecoin Race Heats Up in Asia

In brief Polygon’s Aishwary Gupta says no Indian government department wants ownership of stablecoin regulation, creating bureaucratic deadlock across agencies. Gupta estimates India could save $68 billion annually through stablecoin integration, but regulatory uncertainty prevents banks from acting. 80-85% of India’s top crypto talent has relocated internationally, Gupta said, while Asian neighbors advance clear stablecoin…

Law and Order

Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

In brief Ukraine could recover up to $10 billion lost to unregulated crypto activity with more stringent regulation, according to the Royal United Services Institute. A new RUSI report noted that Russian actors are exploiting regulatory gaps to fund military procurement and spread drugs. Ukrainian lawmakers face a 2025 deadline to align with EU rules…

Law and Order

Nike, StockX End Trademark Clash Over NFTs and Fake Shoes

In brief Nike and StockX have ended their legal battle over trademark misuse. A judge ruled in March 2025 that StockX sold counterfeit Nike sneakers. Analysts told Decrypt the deal signals less room for gray-area resale platforms and more focus on brand-approved NFTs. Nike Inc. and StockX, a Detroit-based online marketplace, settled a three-year case…