Digital Asset
Intelligence

Compliance

US Presses China on Mastercard, Citigroup Access During Bangkok Talks

Summary: U.S. Treasury officials pressed China for Mastercard and Citigroup market access during Bangkok talks, citing agreements from the Trump-Xi summit. This follows Visa’s recent approval to prepare a domestic clearing business, highlighting ongoing diplomatic leverage over financial sector regulations.

CoinQi ·

Judge Denies Gemini and CFTC Motion to Vacate $5 Million Settlement

Summary: Judge Alvin Hellerstein denied a joint motion by Gemini and the CFTC to vacate a $5 million settlement. The ruling keeps a permanent injunction against false statements intact, rejecting arguments based on shifting enforcement priorities. Gemini retains the financial penalty, marking a rare judicial refusal to let a regulator retreat from its own case.

CoinQi ·

Judge Rejects Gemini and CFTC Bid to Vacate $5 Million Settlement

Summary: Judge Alvin Hellerstein rejected Gemini and the CFTC's bid to void a $5M settlement, citing voluntary acceptance despite alleged enforcement misconduct. The ruling upholds the injunction, emphasizing that policy shifts do not justify reopening finalized consent orders.

CoinQi ·

Russia Bans Peer-to-Peer Crypto Trading Starting July 2027

Summary: Russia bans peer-to-peer Bitcoin trading by July 2027 under new laws. Citizens must use licensed exchanges like Sberbank, which joins the registry this month. Direct transfers to non-custodial wallets and personal lending are also prohibited.

CoinQi ·

Russia Bans Direct Peer-to-Peer Crypto Trades Starting July 2027

Summary: Russia will ban direct peer-to-peer crypto trades after July 1, 2027, forcing users through authorized intermediaries. The Bank of Russia also prohibits transfers to self-custodial wallets, aiming to tighten oversight as it expands regulated services via banks like Sberbank.

CoinQi ·
Crypto Regulation & Compliance Intelligence - Page 14 - 3CBLOCK