Federal judge Alvin Hellerstein of the Southern District of New York rejected a joint request by the crypto exchange Gemini and the Commodity Futures Trading Commission (CFTC) to lift a permanent order. The order bars the exchange from misleading US regulators. The judge declined to reopen the earlier consent order, leaving Gemini bound by its restrictions. The ruling strengthens regulators' enforcement stance toward crypto exchanges and underscores how firmly federal courts oversee the execution of settlement agreements.

As the Bank of Russia moves to regulate the mainstream adoption of cryptocurrency in the country through the Federal Law No. 282-FZ, which sets the legal rules for cryptocurrencies and digital rights in Russia, the central bank has established that transactions must be conducted strictly through state-supervised intermediaries and organized trading. The Bank of Russia updated that transfer of digital currency – including Bitcoin (BTC), Ethereum (ETH) and XRP – to non-custodial or sel

Lido Finance has launched direct ETH staking on Arbitrum, Base, Linea and Optimism. The service runs on Chainlink's Cross-Chain Interoperability Protocol (CCIP), allowing users to stake in the Layer 2's native environment and receive liquid staking tokens without first bridging assets back to Ethereum mainnet. The rollout is intended to simplify multi-chain staking and reduce user costs and capital friction, and is positioned to expand Lido's staking market share and draw more assets onto Layer 2 networks.

Binance’s $4. 3 billion deal with the US government is reportedly under fresh scrutiny from federal prosecutors. The Justice Department is reviewing whether the crypto exchange has lived up to the terms of its 2023 settlement, reports Bloomberg, citing Tyson Duva, head of the department’s Criminal Division

South Korea's Supreme Court has promulgated Rule 3280, establishing standardized procedures for courts to freeze, transfer and liquidate digital assets in order to recover unpaid debts. The rules cover cryptocurrencies held in exchange accounts and in private wallets. They take effect in November and apply to cases already before the courts, with existing attachment and preservation orders remaining valid. It marks South Korea's first clear judicial enforcement process for disposing of digital assets.