Regulation News
Nigeria Leads Africa's Stablecoin Adoption With $22 Billion in Transactions
Nigeria accounts for roughly 60% of Sub-Saharan Africa's stablecoin inflows since 2019, with 95% of Nigerians preferring stablecoin payments over the naira amid a broader continental adoption surge nearing 80%.
Netherlands Proposes 36% Tax on Unrealized Crypto Gains
A Dutch proposal to tax unrealized crypto gains at 36% is reshaping Europe's tax landscape, pushing some holders toward more crypto-friendly jurisdictions like the UAE and Switzerland.
Abracadabra Launches Emergency Measures as MIM Stablecoin Falls 50% Below Peg
DeFi platform Abracadabra activated emergency measures after its Magic Internet Money stablecoin dropped 50% below its dollar peg, the latest in a string of 2026 stablecoin stability incidents.
StablR's EURR and USDR Stablecoins Depeg After Multisig Exploit
The Tether- and Kraken-backed European stablecoin issuer StablR saw its EURR and USDR tokens lose their pegs after an attacker took control of its minting contract and printed $13.5 million in unbacked tokens.
India Leads Global Crypto Adoption With 119 Million Users Despite Heavy Tax Burden
India ranks first in global crypto adoption with roughly 119 million users, even as the country maintains a 30% flat tax on gains plus 1% TDS under its 2026-27 budget.
Vietnam Legalizes Crypto, Targets Q3 2026 for Regulated Trading Launch
Vietnam's crypto legalization took effect January 1, with a regulated asset market expected to launch as early as Q3 2026 after five firms passed initial licensing screening.
Crypto Industry Spends $271 Million on 2026 US Midterm Election Lobbying
Crypto firms have poured $271 million into 2026 midterm election spending, with total corporate crypto political spending hitting $517.5 million -- more than a third of all corporate election donations.
Russia's Ruble-Backed A7A5 Token Facilitates $93 Billion in Sanctions Evasion
Chainalysis found Russia's state-linked A7A5 stablecoin has processed over $93.3 billion in settlement flows, positioning it as a key tool for evading Western financial sanctions.
Chainalysis Report Finds $154 Billion in Illicit Crypto Flows for 2025
Chainalysis's 2026 Crypto Crime Report found at least $154 billion flowing to illicit addresses in 2025, with sanctioned entity inflows surging 694% as nation-states industrialize crypto crime.