Supreme People's Court: Conduct in-depth research on judicial response measures for new types of cases such as virtual currencies, and improve the financial judicial protection system

Digital Assets Need Supportive Regulation, Says Senator Lummis

The push for clearer cryptocurrency regulation in the United States is gaining momentum, as Cynthia Lummis reinforces her long-standing stance on the future of digital finance. In a recent statement, she emphasized that digital assets are not just a trend, but a transformative force that requires th

CertiK joins the United Nations Anti-Fraud Cooperation Framework to help combat cross-border Web3 crimes

CertiK submitted an anti-fraud pledge at the 2026 United Nations Global Anti-Fraud Summit, committed to fighting cross-border Web3 crimes. The pledge includes offering real-time threat intelligence, technical support, and policy briefings to assist regulatory and law enforcement agencies in improving their response capabilities.

Cursor Composer 2 Accused of Using Kimi K2.5 Model, Moonshot AI Alleges License Violation

Developers discovered that the Composer 2 model released by Cursor has a model ID of Kimi K2.5, raising questions about whether it respected licensing agreements and paid fees. Officials from Moonshot AI stated that after testing, it was confirmed to be consistent with their Kimi tokenizer, and accused Cursor of failing to mention Kimi K2.5. Cursor has not responded to date.

Senator Cynthia Lummis Pushes CLARITY Act Markup After Easter Break

Senator Cynthia Lummis announced that the Senate Banking Committee will advance the CLARITY Act after Easter. Key issues like stablecoin yield and DeFi regulations have been resolved, aiming for passage by year-end despite legislative delays.

South Korea's National Tax Service Plans to Appoint Professional Custodian Companies to Manage Seized Virtual Assets by Mid-Year

South Korea's National Tax Service plans to appoint professional custodian companies to manage seized virtual assets before mid-year to enhance security and address the security breach incident in February. The NTS has established a task force to oversee the transition, improve management processes, and plans to create a digital assets management department.

US SEC and CFTC Join Forces to Release Major Guidance, Clarifying the Securities vs. Non-Securities Boundary for Crypto Assets

The U.S. Securities and Exchange Commission (SEC) has released a 68-page interpretive document explaining the applicability of federal securities laws to specific crypto assets and transactions, while emphasizing the concept of non-security crypto assets. The SEC has coordinated with the CFTC to establish a classification framework that clarifies the legal status of activities such as protocol mining and staking, enhancing market transparency and aiming to address market demand for regulation.