South Korea's Financial Services Commission proposed tougher security requirements in October 2026, including more frequent vulnerability assessments and greater executive accountability for financial firms.

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The Bank of Korea requested that the 31 surveyed financial institutions submit their responses to the cryptocurrency risk survey by November 4, 2026.

The Bank of Korea survey includes South Korea's five major banks—KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup—alongside 13 securities companies and other lenders.

A Bank of Korea official stated that the central bank is conducting the risk survey to establish a baseline understanding of financial institutions' digital asset activities, as regular reporting to the Financial Supervisory Service lacks crypto-specific details.

The Bank of Korea survey requires banks and brokerages to disclose their existing digital asset businesses, planned projects, motives for market entry, and capital invested in domestic and overseas crypto companies.

Every Democratic senator voted against the cryptocurrency Clarity Act

Anchorage Digital Bank N.A. became the first crypto-focused firm to obtain a federal national bank charter from the Office of the Comptroller of the Currency in January 2021, and also holds a New York BitLicense

The Office of the Comptroller of the Currency issued a consent order against Anchorage Digital in 2022 regarding anti-money laundering and compliance issues, which was lifted in 2025 following compliance infrastructure investments

U.S. retail customers will access the perpetual futures market through futures commission merchants subject to standard Know Your Customer and Anti-Money Laundering checks

European Union DAC8 reporting rules require cryptocurrency platforms to transmit user and transaction data to national tax authorities, a requirement Greece incorporated into domestic law

A Binance spokesperson stated that Binance was unaware of conversations between U.S. regulators and banks about the hack but remains in close contact with global regulators regarding the October 29, 2026 Binance security breach

Cryptocurrency losses exceeding €500 in a tax year can be carried forward for up to five years to offset future cryptocurrency capital gains in Greece

Under the Greek cryptocurrency tax framework, swapping one cryptocurrency for another is treated as a non-taxable event and does not trigger capital gains tax

Set to take effect on January 1, 2027, Greece's 10% tax applies to net gains from selling cryptocurrency for fiat currency, buying goods or services with digital assets, or contributing cryptocurrency to company capital

The Greek cryptocurrency tax framework includes a 12-month voluntary disclosure window allowing individuals in Greece to report previously undeclared cryptocurrency gains without incurring penalties

Greek lawmakers lowered the cryptocurrency capital gains tax rate to 10% from an initial 15% proposal following public consultation sessions held between October 7 and October 22, 2026

Cybersecurity personnel at a major U.S. bank contacted Binance within hours of the October 29, 2026 hack to prepare an internal report for reviewing the bank's own systems

U.S. banks began running internal diagnostics and devoting resources to patch code to defend against a similar attack following the October 29, 2026 Binance breach

A senior Greek finance ministry official stated that implementation directives setting transparency and audit rules for Greece's cryptocurrency tax framework will be published in the coming weeks

The Greek cryptocurrency tax legislation approved on November 5, 2026, exempts net annual cryptocurrency capital gains of up to €500 ($563) from taxation

Under the OCC and FDIC rule effective November 2, 2026, cybersecurity flaws that do not pose likely serious financial harm or violate law are classified as unmonitored supervisory observations