As the UK heads into a snap election, the crypto industry is focusing its lobbying efforts on the Labour Party, which holds a significant lead in polls and could shape the future of digital asset regulation in the country.
An EU report raises concerns about Bitcoin's Lightning Network and privacy coins complicating law enforcement efforts in tracing illicit crypto transactions.
South Korea's Financial Services Commission has issued guidelines detailing when NFTs should be considered virtual assets. The guidelines focus on mass-produced, divisible, and payment-focused NFTs.