The Spanish regulatory authority is considering investigating cryptocurrency advertisements on platform X, emphasizing the need for businesses to comply with local regulations and take action against unregistered entities promoting investments. In response to proposed tax legislation by the IRS, the Blockchain Association has voiced opposition, stating that it would be challenging for many players in the cryptocurrency field to adhere to the rules. In South Korea, the Democratic Party has mandated election candidates to disclose their cryptocurrency holdings as part of the candidate screening process, following a bill passed by the National Assembly in May. New York regulators have introduced stricter criteria for cryptocurrency listings to enhance investor protection, prohibiting companies with authorized coin listing policies from self-certifying tokens. The International Organization of Securities Commissions (IOSCO) has implemented a global policy framework for regulating crypto markets, addressing issues such as conflicts of interest, market manipulation, insider trading, and fraud. Ukrainian officials have undergone specialized training on investigating financial crimes related to cryptocurrencies and virtual assets in collaboration with the UN Office on Drugs and Crime. In the platform and tokens space, FTX has filed a lawsuit against ByBit, alleging irregularities in asset withdrawals. Poloniex exchange experienced a security breach resulting in a $126 million exploit. Bitget has decided not to pursue a crypto license in Hong Kong due to concerns about the market and the company. Taiwanese crypto platform Bitgin is currently under investigation for possible money laundering, with the police in Taiwan examining its operations.

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Information	Details
Geography	Middle East
Countries	🇪🇸 🇺🇸 🇺🇦 🇭🇰 🇦🇪
Sentiment	neutral
Relevance Score	1
People	None
Companies	OKX, Friend.Tech, Enya Labs, Polygon, PancakeSwap
Currencies	None
Securities	None