Unit Labs Requests Meeting with U.S. CFTC

Digital Assets Already Part of U.S. Financial System, Says Fed Chair Nominee Bessent

Abstract: Bessent, Powell’s successor nominee, asserts that digital assets have already become part of the U.S. financial industry and discusses whether they should be incorporated. Summary: Powell's successor nominee, Bessent, says digital assets are already part of the U.S. financial system when asked about their inclusion.

Poland's Crypto Legislation Stalled as MiCA Alignment Deadline Approaches, Triggering Business Exodus

Poland fails to override Nawrocki's veto on crypto regulation, delaying MiCA alignment by the July 1 deadline as firms relocate to Latvia, Czech Republic, Lithuania, and Malta amid regulatory uncertainty. Poland's parliament again blocks the crypto regulation by Nawrocki's veto, leaving MiCA alignment to a future date and spurring domestic firms to move operations to other EU member states. The dispute centers on concerns about overregulation and broad KNF powers, intensifying political tensions and accelerating crypto outflows before MiCA's transition ends.

A certain CEX obtains a U.S. MSB license and advances compliance framework development

A certain trading platform has been awarded a Money Services Business license by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) for its cryptocurrency asset services. The license authorizes the platform to conduct crypto-asset business in the U.S. and other jurisdictions. The license indicates that its anti-money-laundering and user protection standards are up to par, with KYC, funds tracking, and continuous monitoring already integrated. It has deployed a multi-node infrastructure, business segregation, and real-time alerting, while risk controls have been optimized to support high-concurrency trading. It also plans to expand into emerging markets through localization and multilingual services, bringing crypto trading into the international financial system.

South Korea's National Tax Service Launches Tender for Crypto Asset Tax Evasion Tracking Software

Gate News message, April 21 — South Korea's National Tax Service has issued an urgent procurement tender for crypto asset tax evasion response transaction tracking software, according to the country's national comprehensive e-procurement system. The project budget is set at 146.5 billion Korean

Philippines SEC Warns Against dYdX and Six Other Unregistered Crypto Platforms

Gate News message, April 21 — The Philippine Securities and Exchange Commission (SEC) has warned the public against using dYdX and six other cryptocurrency platforms, stating they are not registered or authorized to solicit investments from local users. The warning aims to protect Filipino

UK Brings Stablecoins and Tokenized Deposits Under Unified Payment Regulatory Framework

Gate News message, April 21 — The UK Treasury announced plans to bring stablecoins and tokenized deposits under a unified regulatory framework alongside traditional payment services. The framework will regulate stablecoins used for payments through a new stablecoin issuance regime and expand the