South Korean financial authorities are weighing a new enforcement tool that would allow them to freeze crypto-related accounts before suspected gains are cashed out. The proposal, described as a “payment freeze” system, is intended to stop suspects from withdrawing, transferring, or otherwise concealing profits while investigations are still underway. Officials Warn Crypto Profits Are Escaping Reach Under Current Rules Local outlet Newsis reported that the Financial Services Commission discussed the id ...

: Lawmakers on the US Senate Banking Committee have decided to delay action on long-awaited Senate Banking Committee Pushes Markup Hearing Of Crypto Market Structure Bill to Next YearA spokesperson for the committee said that, "Chairman [Tim] Scott and the Senate Banking Committee have made strong progress with Democratic counterparts" on the bill but that lawmakers were still negotiating, as quoted by a Coin Desk report.The pause is a disappointment for the crypto industry, which had been hoping at least ...

Core Insights - Ether Treasury firm Sharplink Gaming plans to tokenize its equity, joining the stock tokenization trend [5] - European banks are collaborating to develop a euro-denominated stable coin, expected to launch in the second half of 2026 [7][8] - A joint task force between the US and UK aims to enhance cooperation on crypto regulations [9][10] Company Developments - Sharplink Gaming, chaired by Ethereum co-founder Joe Luben, is partnering with Superstate to tokenize shares on the Ethereum blockchain [6] - Forward Industries plans to tokenize shares on the Solana blockchain, following a $1.5 billion deal to launch its Solana treasury [4][5] - Shares of both Sharplink and Forward Industries experienced declines, with Sharplink down over 5% and Forward Industries down more than 9% [5][6] Industry Trends - The crypto market is experiencing a downturn, with Bitcoin dropping to $111,000 and Ether falling nearly 4% to $4,000 [1][2] - The Genius Act, which regulates stable coins, has created a more favorable environment for crypto companies [17][19] - The collaboration between US and UK financial authorities is seen as a significant step towards unified digital asset regulation [12][16] Regulatory Landscape - The new transatlantic task force will explore collaboration on digital assets as regulatory frameworks evolve [10][14] - The task force is expected to report within 180 days and will seek input from industry experts [14] - Recent advancements in US crypto regulation include the signing of the Genius Act, which has provided clarity for companies in the space [17][19]