The IRS proposes that crypto brokers provide tax information reports to clients

Encourage innovation! A U.S. judge bans Arizona-regulated prediction markets and suspends prosecution against Kalshi.

A U.S. federal district court has ruled that Arizona is barred from using the gambling law to prosecute the prediction market platform Kalshi, finding that the federal Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the line between state and federal authority over financial market regulation, while Kalshi maintains that its business is a financial product rather than traditional gambling. Decisions on prediction markets vary from state to state, and the Trump family has also expressed support for prediction markets.

Nauru appoints crypto entrepreneur Dadvan Yousuf as Commissioner for International Trade, driving a digital asset strategy

Nauru appoints cryptocurrency entrepreneur Dadvan Yousuf as its Commissioner for International Trade to advance a digital asset strategy, attract global investment, strengthen cooperation with virtual service providers and technology companies, and help position Nauru as a virtual asset hub.

Is it possible to bypass the Financial Supervisory Commission’s rules on using credit cards to buy crypto? Odingding promotes the Wallet Pro crypto purchase service with a U.S. debit card

OwlPay and Wallet Pro services launched by Oding Ding use stablecoin technology to enable B2B cross-border payments, and they have partnered with international payment giants to showcase their expansion ambitions in the fintech space. By operating from abroad, Oding Ding bypasses Taiwan’s regulatory restrictions, offering fast virtual-asset trading; at the same time, faced with the newly enacted Virtual Asset Services Act, it may in the future become a reference template for other foreign-funded companies entering the Taiwan market.

Bank of Korea Calls for Crypto Market Circuit Breaker After Bithumb Error

The Bank of Korea advocates for a circuit breaker in South Korea’s crypto market after Bithumb's February blunder, where 620,000 BTC was mistakenly distributed. The proposal aims to enhance market safeguards and contain operational errors through a halt mechanism similar to stock markets.

In Q1 2026, Web3 projects suffered losses of over $460 million from hacks and scams, with phishing attacks leading the way.

Hacken’s report shows that in the first quarter of 2026, Web3 projects lost $464.5 million due to hacker attacks and scams, with phishing and social engineering attacks accounting for $306 million in losses. In addition, hardware wallet scams accounted for the bulk of the losses. Moreover, losses were also significant due to smart contract vulnerabilities and access control failures. In terms of regulation, the European legal framework has increased security monitoring requirements.

The U.S. IRS steps up tax oversight of cryptocurrency; the tax filing deadline is April 15

The U.S. Internal Revenue Service increases its crackdown on tax evasion involving cryptocurrency, requiring investors to proactively report their transactions by April 15. Starting in 2025, brokers will be required to report digital-asset gains, and investors will need to verify their costs themselves. 61% of investors don’t know about the new rules, and 52% are worried about making mistakes when filing. Experts recommend collecting transaction records to avoid penalties and criminal prosecution.