The EU proposes a comprehensive ban on all cryptocurrency transactions with Russia

The U.S. launches a significant bill for the regulation of prediction markets: strict crackdown on insider trading, comprehensive restrictions on official trading.

The U.S. Senate has introduced the "Financial Prediction Markets Public Integrity Act," aimed at stopping government officials from trading event contracts using non-public information. The bill covers multiple officials, with violators facing severe economic penalties and transparency requirements. This legislation reflects the rising demand for regulation of prediction markets, signaling that they will become mainstream financial instruments.

David Sacks Steps Down to Become Co-Chair of PCAST: Is the U.S. Crypto and AI Policy Direction Changing?

David Sacks has concluded his 130-day tenure as the White House's cryptocurrency and artificial intelligence affairs chief and will transition to co-chair of the President's Council of Advisors on Science and Technology, continuing to influence U.S. technology policy. He will focus on advancing a unified regulatory framework for artificial intelligence and engage in policy research across several key areas. This change may affect the future coordination of cryptocurrency and AI regulation.

David Sacks steps down as the Crypto Czar, impacting policy direction, and the fate of the "CLARITY Act" remains uncertain.

The regulatory landscape for cryptocurrency in the U.S. is changing, as David Sacks concludes his term in the Trump administration and transitions to co-chair of the Technology Advisory Council, leading to concerns about the continuity of digital asset policy. The outlook for the CLARITY Act has become uncertain, with the market focusing on future legislative developments and the emergence of new policy leaders.

David Sacks Steps Down as White House Crypto and AI Czar

_David Sacks leaves AI and crypto czar role after 130 days, shifts to new advisory position shaping US technology policies._ David Sacks has stepped down from his White House role as crypto and AI Czar after 130 days. However, he will continue to advise on technology policy in his new role.

The UK sanctions Chinese cryptocurrency collateral platform Xinbi, cutting off a $19.9 billion fraud channel.

The UK Foreign Office has imposed sanctions on the Chinese cryptocurrency platform Xinbi, accusing it of playing a core role in fraud activities in Southeast Asia. The sanctions will freeze its assets in the UK and prohibit its access to the UK financial system. Chainalysis reports that Xinbi processed over $19.9 billion in transactions between 2021 and 2025, with deep connections to fraud networks. The purpose of these sanctions is to isolate Xinbi from the legitimate crypto ecosystem and will not affect ordinary compliant crypto users.

The two major parties in the United States are pushing a bill to curb "insider trading in prediction markets," with fines up to twice the profits gained.

U.S. lawmakers have introduced the "2026 Financial Prediction Market Public Integrity Act," which aims to prohibit government officials from using non-public information to place bets in prediction markets and requires the reporting of bets exceeding $250. The bill broadly defines insider information, with violations facing penalties of up to double the profits gained. This legislation reflects an increase in U.S. regulation of prediction markets.