Regulation

Crypto regulation is now where the biggest stories actually happen. The market moves on what the SEC, CFTC, Treasury, Congress, and their counterparts in Brussels, London, Singapore, and Seoul decide next. The coverage here tracks the full picture: SEC enforcement actions and the cases that set precedent, the CLARITY Act and other market structure bills working through Congress, MiCA implementation across the EU, stablecoin frameworks in the US and abroad, tax guidance from the IRS, OFAC sanctions targeting mixers and bad actors, licensing regimes in jurisdictions that actually matter for global liquidity, and the state-level battles in places like New York and Texas that often move faster than federal action. Personnel matters too. Who chairs the SEC, who runs the CFTC enforcement division, which senators sit on banking committees. Coinliva follows the rule changes, the lawsuits, the comment letters, the testimony, and the political shifts that turn into real policy. Not just headlines about what was proposed, but what actually got passed, what got dropped, what the market did when the news broke, and what comes next on the calendar.

Markets

South Korea Orders Crypto Exchanges to Verify Asset Holdings Every 5 Minutes. One Exchange Error Made It Happen.

The FSC's emergency inspection found three of South Korea's five major platforms reconciling balances only once every 24 hours. The trigger: Bithumb crediting 620,000 BTC — roughly $56 billion — to 249 users instead of 620,000 Korean won. Regulators have now mandated five-minute reconciliation cycles, automatic kill switches, monthly external audits, and daily public disclosure of results. The deadline is May 2026.

By Ramy Morton
News

Prosecutors Reject Tornado Cash Co-founder's Copyright Defense. The Retrial Is Still Coming.

SDNY US Attorney Jay Clayton has pushed back against Roman Storm's attempt to use a 2026 Supreme Court copyright ruling as a defense against the two charges a jury deadlocked on last year. The case is a live contradiction: the same DOJ that issued a memo ending 'regulation by prosecution' on crypto platforms is now pursuing a retrial that could send a developer to prison for 40 years for writing open-source code.

By Ramy Morton
News

Coinbase CEO Reverses Course, Now Backs CLARITY Act After Three Months of Opposition

Brian Armstrong's January opposition to the CLARITY Act contributed to a Senate Banking Committee delay that stalled the bill for months. On April 11 he reversed that position, backing the current draft and aligning with Treasury Secretary Bessent's call for Congress to act — though the Senate committee has still not scheduled a markup.

By Ramy Morton
News

Federal Court Blocks Arizona's Criminal Case Against Prediction Markets — CFTC Signals Multi-State Escalation

A US District Court granted the CFTC a temporary restraining order halting Arizona's criminal proceedings against federally regulated prediction market platforms. The order follows the CFTC's simultaneous litigation against Arizona, Connecticut, and Illinois — a coordinated assertion of exclusive federal jurisdiction over event-based derivatives.

By Jan Kara
News

South Korea Fines Coinone $3.5M and Suspends New User Services

South Korea's FIU found 70,000 unverified customer accounts and 10,113 trades routed through 16 unregistered overseas platforms. The three-month partial suspension runs from April 29 to July 28. Existing users retain full access; only new account onboarding is blocked.

By Jan Kara
News

SEC's 'Reg Crypto' Is One Step From Publication. Here Is What the Proposal Actually Contains.

SEC Chair Paul Atkins confirmed on April 6, 2026 that 'Regulation Crypto Assets' is at OIRA — the White House's regulatory review office — awaiting sign-off before public comment opens. The proposal creates three safe-harbor pathways, reclassifies most crypto assets as non-securities, and introduces the first structured fundraising framework for blockchain startups under U.S. federal law.

By Jan Kara