South Korea crypto tax watch: • Tue: Finance officials meet Upbit, Bithumb, Coinone, DigitalX, Gopax & DAXA; FSC’s Yoo Young-jun attends • Crypto tax delayed 3x → latest to 2027 • Exchanges: rules unclear + infra time short; industry backs another delay • Rep. Park Min-gyu bill: tax starts Jan 1 of the year after CARF data sharing begins — if first exchange is 2027, tax = 2029 #Web3 #Crypto #SouthKorea #Upbit #Bithumb #DigitalAssets #Regulation

US House Ways & Means passed H.R. 10357 (38-5). Sec. 502 would require Treasury to launch a digital-asset voluntary disclosure program within 12 months: amended returns + tax/interest, penalty relief, 24-month filing window. Still needs House, Senate & President. #Web3 #Crypto

ESMA consulting on whether/how EU CCPs can safely use tokenized collateral—digital twins, native on-chain assets & hybrids. Focus: liquidation on member default, client asset segregation & settlement finality. Feedback due Jan 15, 2027; review in Q1 2027. #Web3 #Tokenization

🇪🇺 EBA has designated Circle’s USDC as the first “significant” EMT under MiCA. From Nov 12, 2026, EBA takes prudential oversight (reserves, liquidity, redemption) from ACPR. EBA also signed an MoU with NYDFS on cross-border stablecoin supervision. #Web3 #MiCA #USDC

Sentora weekly DeFi update: TVL −$1.34B to $122.25B; stablecoin supply −$1.35B to $305.24B, hinting at capital exiting on-chain. RWA TVL $4.04B; ETH TVL share 57.79%; high-risk loans $6.72B (−$395M WoW); stablecoin liquidity 21.40% (+1.37pp), ETH 18.80% (+1.20pp). #DeFi #Web3 #Crypto #Stablecoins #Ethereum #RWA #TVL #OnChainData #Liquidity #DeFiNews

CFTC Chair Mike Selig reaffirms exclusive CFTC jurisdiction over prediction markets: fraud & manipulation don’t stop at state lines. Prediction market exchanges are interstate businesses—Congress gave CFTC a unified standard to police fraud & protect customer funds. #Web3

DTCC tokenizes 25 securities (~$30T DTC-custodied underlying). 1:1 tokens, same CUSIP/rights; DTC keeps records. 24/7 P2P transfers between registered wallets, compliance-limited. Initial: Russell 1000, ETFs & US Treasuries on Canton CIP-56 + Besu ERC-20. #RWA #Tokenization

🚨 France crypto tax update: France’s National Assembly Finance Committee reportedly approved a proposal to tax BTC→stablecoin conversions at up to 31.4%, even without converting to fiat. Residents moving abroad with over €800K in crypto could face an exit tax on unrealized gains. The amendment was later withdrawn after the committee rejected the budget revenue section and must be reintroduced during the full Assembly debate. Not law yet. If passed, it would take effect on Jan 1, 2027. #Bitcoin #Web3 #Crypto #France

🇰🇷 South Korea’s FSC proposed amendments to the Electronic Securities Act & Capital Markets Act for security tokenization. 🗓 Comments close Nov 11 ⚖️ Law effective Feb 4, 2027 📈 Phase 1: institutional private MMFs/bonds, unlisted trust shares, public fractional investment securities 👥 Retail public bonds & funds later, after market/demand review #Web3 #SecurityTokens #STO #RWA #Tokenization #SouthKorea #Korea #FSC #CryptoRegulation #DigitalAssets #Blockchain #Fintech #CapitalMarkets #TradFi

🚨 Morgan Stanley’s Head of Digital Asset Strategy Amy Oldenburg says tokenized RWA will hit $3T–$10T by 2030 — “without a doubt.” 📈 Momentum is feeding momentum 🏦 Institutional interest keeps rising 😳 FOMO is now visible in institutional markets ⏳ Morgan Stanley targets Q1 2027 to support tokenized stock trading on its ATS — delayed from H2 2026. Is tokenization the next TradFi × Crypto mega-trend? 👀 #RWA #Tokenization #RealWorldAssets #TokenizedAssets #MorganStanley #DigitalAssets #InstitutionalAdoption #TokenizedStocks #TradFi #Crypto #Web3 #FOMO

🇱🇹 Lithuania’s State Tax Inspectorate has updated crypto reporting via Order VA-63, aligning with EU DAC8 & OECD CARF. CASPs must strengthen KYC, collecting identity, transaction records, tax residency, client IDs, logs & balances. Entities already reporting in another EU state can avoid duplicate filing in Lithuania. Full EU-wide reporting starts Jan 1, 2026; 2027 data will be auto-exchanged from mid-2027. Capital gains tax rate stays unchanged. From Mar 2, some EMT transfers/custodial wallet services require payment authorization; EMT↔EMT and EMT↔fiat exchanges are not automatically payment services. #Web3 #Crypto #DAC8 #CARF #Lithuania

🇭🇰 Hong Kong SFC’s Securities Industry Financial Review Report: 📈 H1 2026 net profit: HK$51.7B, up 21% 💰 Combined net commission & interest income from securities trading, futures/options, leveraged FX, and virtual asset trading: HK$45.4B — up 13% vs H2 2025 🪙 Virtual asset trading commission revenue: HK$99.3M 📉 Down HK$15.5M from HK$114.8M in H2 2025 — a 13.5% QoQ drop So while Hong Kong’s securities industry overall is posting strong growth, #VirtualAsset trading commission income is cooling QoQ. Is this just a short-term dip, or a signal worth watching for #Web3 in Hong Kong? #HongKong #SFC #Crypto #Web3 #VirtualAssets

🇭🇰 Hong Kong’s Acting Secretary for Financial Services and the Treasury warns: payment platforms registered only as fintech companies—without any financial licence—may face enforcement. Under the PSSVFO, issuing/operating stored value facilities in HK without a licence is illegal unless exempt. The HKMA will intervene and refer cases to law enforcement when needed. #Web3 #HongKong #Regulation

📊 Hong Kong SFC financial review: H1 2026 securities industry net profit rose 21% to HK$51.7bn. Total net commission + interest income from securities, futures/options, leveraged FX & virtual asset trading climbed 13% to HK$45.4bn (from HK$40.1bn in H2 2025). But virtual asset trading commission income fell 13.5% to HK$99.3m, down from HK$114.8m. #HongKong #Web3 #VirtualAssets #SFC

🚨 Dubai’s VARA issued a Reserve Asset Audit Circular (Oct 6), setting minimum requirements for independent audits of VASPs. VASPs must: • Maintain ≥100% reserves vs. client liabilities throughout the review period • Hold reserves 1:1 in the same virtual assets & reconcile daily • Cover hot, warm, cold, third-party wallet infra & third-party custody in audits • Verify client asset segregation, wallet control & no rehypothecation, lending or other use #Web3 #Crypto #VARA #Dubai

🚨 CFTC Chair Michael Selig: proposed rules would allow ONLY federally regulated crypto platforms to offer leverage. States limited to money transmission. 100x leverage—common offshore—was never allowed in the U.S. and won’t be. CFTC proposed 2 new rules for a U.S. crypto framework. ⚖️ #Web3 #Crypto #CFTC #Regulation #Leverage #DeFi #CryptoNews #Bitcoin #USCrypto

🚨 RWA NEWS: OKX has filed with the SECGov to launch tokenized stock trading—among the first major crypto exchanges to use new U.S. rules for digital versions of public equities. Its JV with ICE_Markets (parent of NYSE), OKX ICE LLC, plans tokenized trading for 63 NYSE-listed companies. Issuers have a 30-day opt-out before trading can begin. #RWA #RealWorldAssets #TokenizedStocks #Tokenization #OKX #ICE #NYSE #SEC #Crypto #Web3 #DeFi

SEC is considering a new rule under the Investment Advisers Act of 1940 that could allow investment advisers to directly custody Bitcoin and other digital assets when no qualified custodian is willing to provide custody services. The SEC noted that traditional custodians often avoid handling digital assets, creating compliance gaps under the current custody framework. The proposal will enter a 60-day public comment period after publication in the Federal Register. As institutional adoption of digital assets grows, custody infrastructure and regulatory frameworks remain key factors shaping market participation. #Web3 #Crypto #DigitalAssets #Bitcoin #Regulation