Seven UK parliamentary committee chairs have called for a ban on cryptocurrency donations to political parties, citing concerns over transparency and foreign interference. This initiative adds pressure on the Labour government, which has been considering similar restrictions due to difficulties in verifying the source of crypto funds.

The OECD's Crypto-Asset Reporting Framework (CARF) is now active in 48 countries, requiring crypto service providers to report user transaction data to tax authorities. This initiative aims to enhance tax transparency and reduce tax evasion by facilitating automatic information sharing among jurisdictions starting in 2027.

The article criticizes the current 2% fixed trade tax on the Believe App, arguing it hinders potential new projects like Uber. It proposes a flexible tax model allowing creators to set a percentage tax for a limited time, with a cap on funds needed to reach revenue generation. This approach aims to encourage genuine investment and improve transparency.

Movement Labs and Mantra's recent scandals have prompted significant scrutiny within the crypto market-making sector, affecting trust relationships between market makers and project teams. As a result, firms are demanding greater transparency in token agreements and reevaluating risk structures to avoid unethical practices in the increasingly opaque secondary OTC market.