Crypto Regulation and Compliance Updates

Canada’s bill C-25 proposes bans of crypto donations and similar methods due to traceability and identity verification concerns. Law applies to parties, candidates, and third parties, with strict penalties and enforcement measures. Shift follows rising transparency concerns, moving from r

《Digital Asset Market Clarity Act (CLARITY Act)》 focuses on stablecoin regulation. If it passes, it will have a major impact on DeFi protocols, especially by banning platforms from offering yield on stablecoins. This will cause returns to be re-concentrated in traditional financial institutions, shrinking the competitive space for crypto platforms. The report warns that multiple DeFi projects such as Uniswap and Aave may face stricter regulation, affecting trading volume and liquidity.

Peter Van Valkenburgh warns that without passing the CLARITY Act, future U.S. administrations may impose strict regulations on crypto. He emphasizes the need for statutory protections to prevent reliance on political climates, as current agreements stall in Congress.

The pro-XRP attorney John Deaton has concurred with recent remarks by Ripple CEO Brad Garlinghouse that the United States cannot afford another Gary Gensler experience. He was the former chair of the U.S. Securities and Exchange Commission (SEC). In a tweet explaining his opinion, Deaton insisted t

GoPlus Security reports that a type of malware called Infiniti Stealer carries out attacks against Mac users by impersonating a Cloudflare verification page, stealing crypto wallets and credentials. The malware bypasses security mechanisms by manually executing commands; it can steal browser data and developer keys and has the ability to evade detection.

A Singapore court ruled that threats should not be issued against Curve Finance contributor Wong and ordered two defendants to pay about 2,500 Singapore dollars in damages. The case stems from the 2025 Resupply exploit attack; users lost about $9.3 million, and Curve was not involved in this incident.

Pierre Rochard warns that the U.S. regulatory approach to Bitcoin in the Basel III revision lacks clarity. He emphasizes the need for transparent criteria and data for banks to manage Bitcoin risks, cautioning that ambiguity may hinder financial innovation and compliance.

A wave of scams is targeting Pi Network users during the Second Migration phase, with fake 2FA links tricking individuals into sharing wallet passphrases. Scammers exploit user urgency, leading to unauthorized wallet access. Users must prioritize security and only interact through official channels to protect their funds.

The prospects of the "Clarity Act" are unclear, which may lead the SEC to reconsider cryptocurrencies as securities, increasing legal risks. Industry insiders warn that short-termism and conflicting interests may delay the passage of the bill, impacting the legal status of mainstream assets. Cryptocurrency lobbying groups are prepared to address regulatory risks, calling for unity to ensure the long-term safety of the industry.

Strategy company founder Michael Saylor compared his stock STRC to a money market fund on CNBC, drawing attention. STRC has a dividend of up to 11.5%, but it is not a true money market fund and carries high risks. Despite the SEC stating that its risks are significant, Saylor still attracts a large number of retail investors, and analysts remind that caution is needed to distinguish between them.

LiteLLM recently suffered a supply chain attack, resulting in the leak of hundreds of GB of data and 500,000 account credentials. The attackers exploited a vulnerability in GitHub's CI/CD to steal Trivy access credentials, subsequently inserting malicious code. This incident highlights the importance of supply chain security, and developers should enhance permission management and monitoring.

Ripple CEO Brad Garlinghouse stated that negotiations for the Clarity Act are progressing smoothly and an agreement is expected to be reached soon. He emphasized that the U.S. should pass the bill as soon as possible to solidify its status as a cryptocurrency hub and noted that the use of stablecoins will facilitate the integration of traditional finance with the crypto industry.

NVIDIA has recently been collectively sued by investors for concealing over $1 billion in cryptocurrency mining revenue, with the case officially proceeding after approval from a U.S. federal judge. Investors allege that NVIDIA did not adequately disclose its business's dependence on cryptocurrency demand during the period from 2017 to 2018, which affected the stock price. Although NVIDIA claims that cryptocurrency mining only constitutes a small part of its business, the company significantly benefited during the crypto boom, and subsequently, its business performance was impacted by fluctuating demand.

The Busan District Court in South Korea sentenced a gang member to eight years in prison for embezzling $332,000 in Bitcoin from a friend and using it for illegal gambling. This case reflects the risks of cryptocurrency in fraud and money laundering, with regulatory and enforcement efforts continuously strengthening, and investors need to be cautious when dealing with digital asset transactions.

NPR host Scott Simon's X account was hijacked by cryptocurrency scammers, prompting a warning from colleague Steve Inskeep. The account has been locked to prevent further scams, highlighting a growing trend of targeting prominent journalists for fraud.

Distributed Capital's Shen Bo announced the details of the asset theft incident on the X platform that occurred on November 10, 2022, involving $42 million in assets. The theft took place between 12:46 AM and 1:02 AM EST, using a Trust Wallet hot wallet on an iPhone 12 Pro Max. The victims include multiple ETH, BTC, and TRON addresses.

The new official application launched by the U.S. government has drawn attention, with issues of data collection and privacy risks becoming the focus of discussion. Developers and researchers have pointed out that the app may access user locations and record online activities, presenting potential security hazards. Users' concerns about data transparency and privacy protection have subsequently increased.

The "CLARITY Act" is an important piece of legislation promoted by U.S. Senator Cynthia Lummis, aimed at providing clear legal protections for DeFi developers and reducing regulatory uncertainty. The bill plans to clarify the regulatory scope of the SEC and CFTC, promote innovation, and attract projects to develop in the United States. The bill is currently still in progress, with a specific implementation timeline yet to be determined.

Solv Protocol conducted a review of the BRO Vault security incident in March 2026, which resulted in a loss of approximately 38.0474 SolvBTC due to a vulnerability. The platform has completed risk control and full compensation, and it did not affect other assets or users. The incident reflects insufficient security audit processes, and the team will strengthen smart contract audits and approvals to enhance overall security. This incident serves as a wake-up call for the industry, emphasizing the importance of asset security and governance.

Democratic Party Senator Elizabeth Warren wrote to the Department of Commerce, urging it to investigate the bitcoin mining company Bitmain’s mining rig transactions and their potential threats to national security, amid concerns that the U.S. government is conducting a security review of the company and worries about possible espionage activities. American Bitcoin, owned by the Trump family, purchased 16,000 mining rigs, and Warren questioned the conflict of interest that could influence decision-making.