The European Union finalized rules requiring crypto-asset service providers to report detailed user balances and transaction data to national tax authorities starting January 1, 2026. Under DAC8 and MiCA, the regime has extraterritorial reach, compels stricter KYC (including tax IDs), and enables cross‑border data sharing and, in some countries, direct asset freezes to settle tax debts—accelerating the integration of digital assets into traditional oversight.
Source: FinanceFeeds
China launches VC funds to back ‘hard tech’ startups
Beijing is rolling out new venture funds aimed at financing early‑stage companies focused on “hard technology,” including advanced chips, industrial tech, and core infrastructure, according to local reports. The move underscores China’s push to shore up strategic tech self‑reliance and signals fresh domestic capital support amid global export controls and investment curbs.
Source: Seeking Alpha
Russia’s top exchanges ready regulated crypto trading by mid‑2026
Moscow Exchange and SPB Exchange said they can begin offering regulated crypto trading once the Central Bank’s new framework takes effect by mid‑2026. Plans include tiered access with caps and competency tests for retail investors, broader access for qualified clients, and strict prohibitions on domestic crypto payments—bringing a large informal market onto supervised rails amid sanctions and capital‑market reforms.
Source: FinanceFeeds
DTCC eyes tokenizing U.S. Treasurys on Canton Network, boosting on‑chain market plumbing
Post‑trade giant DTCC outlined a roadmap to tokenize a portion of U.S. Treasury securities on the Canton Network, with plans to expand to other DTC‑eligible assets. The initiative advances real‑world asset tokenization into core settlement infrastructure, potentially shortening cycles, improving collateral mobility, and signaling rising institutional adoption beyond pilot programs.
Source: FinanceFeeds
Crypto.com’s internal trading plan for prediction markets draws conflict‑of‑interest questions
Crypto.com is hiring for an internal market‑making desk to trade against users in its CFTC‑regulated prediction markets, Bloomberg reported and the company acknowledged. Critics say the “no house” premise is at risk—especially given alleged latency advantages for market makers—while the firm argues more liquidity improves customer outcomes; similar scrutiny is hitting rivals Kalshi and Polymarket.
Source: Finance Magnates
Trust Wallet hack hits at least $7M; Binance’s CZ says users will be made whole
A vulnerability in a version of Trust Wallet’s Chrome extension enabled thefts totaling at least $7 million across hundreds of users, according to investigators. Trust Wallet urged users to upgrade immediately; CZ said the platform will cover losses while the team probes how a malicious version was published—another reminder of software‑supply‑chain risk in crypto.
Source: Finance Magnates
U.S. CFPB faces existential showdown in 2026
The Consumer Financial Protection Bureau is headed for a consequential year in 2026, as efforts by the Trump administration to shutter or sharply curtail the agency collide with organized resistance from its employee union and consumer advocates. The outcome could reshape the U.S. regulatory landscape for banks, lenders, fintechs, and credit reporting firms.
Source: American Banker
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