Regulation & Policy

Turkey's proposed 10% tax on crypto income marks a shift towards regulation amid fiscal challenges. While it offers a competitive base rate, the presidential discretion to adjust it creates uncertainty, potentially impacting trading behavior and investor confidence.

ChainCatcher News, Prime Minister Sanae Yoshioka has posted on social platform X denying any association with this token. The Prime Minister's Office also issued a statement saying, "No approval has been granted."

CEX Co-Founder Ben Delo pledges to donate $27 million to the London Mathematical Science Research Institute to support research in theoretical physics, pure mathematics, and artificial intelligence. He hopes the institute can cultivate outstanding scholars and criticizes the shortcomings of the UK's research funding mechanism. Meanwhile, UK lawmakers are calling for a suspension of cryptocurrency political donations to prevent external interference.

The Japanese Financial Services Agency is seeking assistance from the private sector to strengthen anti-money laundering measures for cryptocurrencies. They plan to launch a pilot project within three months to test transaction compliance. Several companies are involved, aiming to enhance AML effectiveness through information sharing and promote the integration of cryptocurrencies with mainstream finance. This trend is expected to attract more institutional investors and improve market confidence.

On March 3, news reports indicated that the prediction market Kalshi sparked controversy due to the death of Iran's Supreme Leader Khamenei. Traders expressed dissatisfaction with the "death clause," and returns were modest. Market trading volume surged, but improper operations face regulatory risks. Analysts warn that prediction markets need to balance commercialization and compliance, and trading on sensitive events should be approached with caution.

The U.S. Senate passed the "21st Century Housing Roadmap Act," which includes restrictions on central bank digital currencies, with 84 votes in favor and 6 against, demonstrating bipartisan consensus. The bill requires the Federal Reserve not to issue digital dollars until explicitly authorized by Congress and also focuses on housing supply and affordability in an effort to address the housing crisis. The passage of this bill could have a profound impact on future digital currency regulation.

Charles Hoskinson criticized Ripple's CEO Brad Garlinghouse for supporting the Clarity Act, claiming it poses risks to cryptocurrency innovation. He argued that the bill categorizes XRP as a security at launch, potentially harming future projects in the industry.

The U.S. SEC has moved cryptocurrencies out of its 2026 regulatory priorities, marking a shift in regulatory attitude by incorporating digital assets into the routine oversight of financial markets. This change could attract more capital to the U.S. digital asset market while reducing regulatory pressure on the industry. However, price volatility and security issues remain major concerns.

The U.S. Senate housing bill now includes a provision banning the Federal Reserve from issuing a retail CBDC until at least 2031, reflecting growing congressional interest in digital currency policy and potential impacts on financial technology strategies.

The prediction market industry in the United States faces political and regulatory pressures. An alliance led by Congressman Mick Mulvaney is calling for increased enforcement, restricting market expansion, and emphasizing that it is essentially gambling that must comply with relevant laws. Meanwhile, some lawmakers are pushing for stricter regulations, especially targeting certain controversial prediction events. The prediction market industry is actively countering, arguing that current regulations should be overseen by the CFTC, and that the industry is still growing rapidly, exploring new product models to expand market influence.

Japanese Prime Minister Sanae Takaichi strongly denies involvement in the issuance of the cryptocurrency called SANAE TOKEN, which is promoted in her name and has caused social panic. The latest reports indicate that the coin's price has plummeted by over 50%. The issuer claims that the coin promotes political participation but was not authorized by the government, leading to public condemnation and legal issues. Investors should stay vigilant to avoid financial scams.

The bipartisan "21st Century Housing Roadmap Act" proposed by the U.S. Senate Banking, Housing, and Urban Affairs Committee aims to expand housing supply and streamline regulation, but also includes a provision to prohibit the Federal Reserve from issuing central bank digital currencies (CBDC). The bill, jointly introduced by Senators Tim Scott and Elizabeth Warren, specifically mentions that it will expire at the end of 2030 and retains exceptions for certain digital assets. The bill emphasizes that it does not help increase government spending and targets homeownership opportunities for the middle class.

The "21st Century Housing Roadmap Act" proposed by the U.S. Senate includes a provision that bans the Federal Reserve from issuing Central Bank Digital Currencies (CBDC), with the ban remaining in effect until 2030. The bill aims to reduce housing costs and support the development of private stablecoins. The White House has expressed support for the bill, emphasizing that preventing CBDC development is a current policy priority. Bipartisan lawmakers have reached a consensus on this issue, making it a cooperative clause that can transcend party divisions.

The deadline for the White House's stablecoin legislation CLARITY has passed, but progress has stalled due to the crypto and banking industries failing to reach a consensus on stablecoin yields. The banking sector is concerned about outflows of customer funds and strongly opposes stablecoin reward arrangements. If legislation cannot be enacted in the future, it could trigger market uncertainty and impact the inflow of crypto funds.

JPMorgan CEO Jamie Dimon expressed support for blockchain technology on CNBC but believes stablecoins should follow the regulatory standards of traditional banking. He suggested offering rewards for transactions and mentioned that relevant legislation has been passed to clarify the responsibilities of regulatory agencies and the management of customer funds.

A New York federal judge dismissed the class-action lawsuit against Uniswap, ruling that open-source smart contract developers are not responsible for third-party scam tokens. This sets a legal precedent for the DeFi industry. The judge emphasized that Uniswap is a neutral tool, and developers must clearly distinguish themselves from illegal activities. The ruling provides legal protection for open-source software and encourages users to conduct their own risk assessments.

The UK Gambling Commission plans to explore crypto payments to combat illegal gambling activities and promote digital transformation. The commission is working with the Financial Conduct Authority (FCA) to implement a compliance framework by 2027, requiring operators to adhere to strict eligibility testing. This move aims to improve market efficiency, crack down on black markets, and protect consumers, establishing a safe and legal gambling environment.

In brief House conservatives pushed to fold a CBDC ban into the housing package rather than advance it as standalone crypto legislation. The White House formally backed the bill after the Senate vote, saying President Trump would pass the bill in its current form should it hit his desk.

The U.S. Senate Banking Committee has added a temporary ban on the Federal Reserve issuing central bank digital currency (CBDC) to the new Housing Act. The ban is valid until December 31, 2030, and aims to protect individual privacy and promote housing development.

U.S. crypto regulation is under active legislative debate as lawmakers push the Clarity Act, with Ripple CEO Brad Garlinghouse and White House crypto czar David Sacks actively advocating for the bill’s advancement amid ongoing negotiations. White House Adviser Brokers Fragile Truce Between Wall