Crypto Regulation and Compliance Updates

PANews February 10 News, according to Bubblemaps, the winner of the X Creator Competition with a $1 million prize, @beaverd, has been accused of profiting approximately $600,000 through a Memecoin project scam. The investigation found that their associated wallet had launched the $SIAS token, which once soared to a market cap of $6 million before rapidly dropping to zero, and all social media accounts were deleted. Additionally, @beaverd used multiple related wallets to operate, suspected of launching multiple Memecoins and ultimately cashing out.

Russia's communications regulator Roskomnadzor has implemented speed restrictions on Telegram since February 10, and has received over 13,000 user complaints about service disruptions. Although a complete ban is not currently planned, if Telegram fails to comply with legal requirements, it could impact its user experience in Russia and subsequently affect the TON blockchain ecosystem closely linked to it.

Odaily Planet Daily reports that Blockchain.com announced today that it has officially registered with the UK Financial Conduct Authority (FCA) and is authorized to operate crypto asset services, including brokerage, custody, and institutional-grade cryptocurrency services in the UK. The company obtained a MiCA (Markets in Crypto-Assets) license last year, enabling it to provide crypto services across all 30 European Economic Area (EEA) countries under a unified regulatory framework.

7 police officers and 5 men stormed a residence in Kajang, Malaysia, extorting approximately 200,000 ringgit from 8 Chinese tourists. They used threats of reporting as leverage, and the police have arrested the officers involved. The case highlights serious issues of crime and impersonation of law enforcement.

On February 10th, Sam Bankman-Fried, who has been sentenced to 25 years in prison on multiple charges of fraud and conspiracy, spoke out again through his verified X account, claiming "FTX has never gone bankrupt," and accused the company's lawyers of submitting a "false bankruptcy petition." This statement starkly contrasts with the U.S. court rulings, regulatory documents, and financial audit results, and has quickly attracted attention within the crypto community. According to judicial records, SBF was involved in embezzling over $8 billion of customer assets, leading the platform to become insolvent by the end of 2022. The massive losses of his affiliated trading firm Alameda Research were the direct cause of the collapse. Although subsequent asset recoveries and market rebounds have improved creditor expectations in some cases, prosecutors and judges both emphasized that this does not change the established facts of fraud.

PANews February 10 News, FTX founder SBF's X account posted that FTX has never filed for bankruptcy, claiming that after lawyers took over the company, a false bankruptcy petition was filed just 4 hours later, with the intention of profiting from bankruptcy proceedings.

In January, crypto users suffered significant losses due to address poisoning and signature phishing scams, with one victim losing $12.2 million. Increased attack volume may be linked to lower transaction costs after Ethereum's upgrade, prompting security warnings for users' vigilance.

French police arrested six suspects linked to the kidnapping of a magistrate and her mother, who escaped without paying a ransom. The incident highlights a rising trend of crypto-related crimes in France, prompting law enforcement action.

The CFTC revised guidelines to include national trust banks as stablecoin issuers, aligning with the FDIC framework and excluding algorithmic stablecoins. This change complies with the regulatory framework of the Genius Act@E1@, strengthens the compliance of the stablecoin market, helps establish legitimate financial models, and enhances investor confidence.

In brief Signature phishing victims jumped more than 200% in January, with $6.27 million stolen, blockchain security firm Scam Sniffer warned. Despite the spike, total phishing losses in 2025 were sharply lower than in 2024. Cheaper Ethereum fees after the Fusaka upgrade have made phishin

Address poisoning scams erased $62 million after users copied wallet addresses without full verification during routine transfers. Lower Ethereum fees enabled mass dust attacks making address poisoning cheap, scalable and harder to detect across the network. Signature phishing surged in

_South Korea deploys AI to detect crypto manipulation in real-time, analyzing trades by the second._ _FSS targets whale schemes, pump-and-dumps, and social media fraud with automated detection tools._ _New Digital Asset Basic Act brings licensing rules for exchanges, operators, and

The article discusses an incident where a hacker, known as Infini, returns after a previous exploit and takes advantage of a dip in Ether prices to purchase $13 million worth of the cryptocurrency.

Xinbi, a Chinese online escrow marketplace, continues to thrive despite law enforcement efforts, demonstrating resilience in informal financial networks. With a transaction volume of approximately $17.9 billion, it has effectively adapted by shifting operations to less monitored platforms and launching XinbiPay for payment solutions. This adaptability complicates regulatory oversight of financial risks and fraud. The platform's ability to persist highlights the challenges regulators face in controlling unregulated financial activities. As Xinbi expands its reach, authorities find it increasingly difficult to track and prevent illicit transactions, which may include money laundering and other illegal activities. The ongoing growth of Xinbi underscores the need for enhanced monitoring and international cooperation to address the evolving landscape of online escrow markets.

Vietnam is moving towards formal crypto regulation with a proposed draft tax plan that includes a 0.1% transfer tax for individuals and a 20% tax on corporate profits. The initiative aims to integrate the booming market into the economy and generate tax revenue while imposing strict requirements on exchanges, potentially limiting competition.

Author: Xiao Sa Legal Team On February 6, 2026, the People's Bank of China and seven other ministries jointly issued the "Notice on Further Preventing and Disposing of Risks Related to Virtual Currencies and Other Issues" (hereinafter referred to as the "2.6 Notice"). In my personal opinion, the 2.6 Notice is actually an advanced version of the "Notice on Further Preventing and Disposing of Risks of Virtual Currency Trading and Speculation" issued by ten ministries in 2021 (hereinafter referred to as the "9.24 Notice"): 1. The regulatory standards for virtual currencies remain largely similar to the 9.24 Notice, with no substantial changes except for some necessary patches to note; 2. The regulatory standards for NFTs and other digital assets, digital artworks remain blank; 3. Clear but strict RWA regulatory standards have been established. Next, Sister Sa's team will provide a detailed analysis. 1. Detailed Explanation of RWA Regulatory Standards A one-sentence summary of China's current RWA regulatory approach: Permissive with strict conditions.

US regulators have taken a decisive step toward refining digital asset oversight. The Commodity Futures Trading Commission(CFTC) expanded eligible stablecoin issuers to include national trust banks, correcting an unintended gap in its December guidance. This update aligns stablecoin regulation

Amidst the intense volatility in the cryptocurrency market, DeFi protocol World Liberty Financial (WLFI), supported by the family of U.S. President Donald Trump, has unexpectedly come under pressure due to liquidation risks faced by lending platforms. The protocol was forced to sell Bitcoin to repay debts, drawing significant market attention. According to on-chain data platform Arkham Intelligence, the official wallet of World Liberty Financial sold over 170 Bitcoins on Wednesday at an approximate price of $67,000 each, cashing out about $11 million. The funds were immediately transferred to leading lending protocol Aave to repay loans and avoid liquidation. Alongside the forced sale of assets to cover debts, WLFI tokens have also continued to experience downward pressure.

Stablecoin risks have entered the global spotlight after South Africa’s top central banker issued a strong warning on digital asset fragility. His remarks reflected growing unease among regulators who monitor crypto markets more closely than ever. Policymakers now question whether stablecoins can ma

Turkish authorities have frozen assets worth over $500 million belonging to Veysel Sahin due to suspected involvement in illegal gambling operations and money laundering. The cryptocurrency company involved in the freezing operation is Tether Holdings. Tether actively assists in global efforts to combat crypto-related crime, having frozen $3.4 billion worth of USDT linked to illegal activities in recent years, demonstrating a strong partnership with law enforcement agencies.