Regulations and Policies
$BTC $XRP Regulatory uncertainty persists amid geopolitical and political tensions: The U.S. government faces a 77% probability of shutdown this month according to Polymarket, casting doubt on legislative progress for stablecoin regulation reforms like the CLARITY Act. Industry players including Coinbase’s CEO have pulled support due to ongoing deadlocks on stablecoin yield policies, potentially delaying regulatory clarity.
International regulatory actions intensify: Russia’s Prosecutor General has designated Ukrainian exchange WhiteBit and its parent as undesirable organizations, alleging illegal fund transfers supporting Ukraine’s military efforts. In India, law enforcement arrested two individuals connected to the BitConnect scam involving extortion and kidnapped victims, successfully freezing over 2,200 BTC and 11,000 LTC. South Korea is investigating the mysterious loss of seized Bitcoin valued near 70 billion won. #CryptoPolicies #CryptoRegulationWatch
