The European Union’s Digital Asset Tax Transparency Act is scheduled to take effect in January 2026, introducing new reporting requirements for cryptocurrency transactions with potential penalties for non-compliance, including asset seizure. In governance news, Aave founder Stani Kulechov faces allegations of attempting to manipulate a protocol vote following a $10 million purchase of AAVE tokens. The community is scrutinizing the transaction’s timing ahead of a key governance proposal. Regulatory actions continue as the Philippines’ Securities and Exchange Commission has moved to block access to major cryptocurrency exchanges Coinbase and Gemini for operating without the necessary licenses as Virtual Asset Service Providers (VASPs). Circle, the issuer of USDC, has issued a clarification, denying the authenticity of a press release that claimed the company launched ‘CircleMetals,’ a platform for tokenized gold and silver swaps. The company stated the announcement is fake. In marketing and development, the popular NFT project Pudgy Penguins has launched a major advertising campaign on the Sphere venue in Las Vegas. Meanwhile, Ethereum co-founder Vitalik Buterin has made a forward-looking prediction, suggesting that bug-free code could become a reality by the 2030s due to advances in formal verification and AI-assisted programming. On the adoption front, the Republic of the Marshall Islands has published a whitepaper detailing its plan to distribute a national basic income using its sovereign digital currency, which is built on the Stellar network. The Layer 2 scaling solution Scroll has addressed community speculation, confirming that its DAO is not shutting down but is undergoing a restructuring of its governance framework. In funding news, the social platform easy.fun has announced the completion of a $2 million seed funding round. The investment was led by Mirana Ventures. The newsletter also highlighted several in-depth research articles and analyses for further reading, including an examination of Metis’s newly launched LazAI Alpha mainnet for AI services, a legal guide on compliance risks for OTC cryptocurrency traders (‘U商’), and an analysis of the criminal liabilities for individuals working for offshore virtual currency exchanges from within mainland China. *Disclaimer: This content is a rewritten summary of news aggregated by Web3Caff. The original author and publisher views do not necessarily represent the立场 of this publication. This information is for educational purposes only and does not constitute investment advice.*