Crypto news. Royal judgement.
Gnosis sets out its move towards Ethereum settlement. Hong Kong passes a crypto reporting law with staged deadlines, while Mercado Bitcoin gives customers a phased reopening plan after its security incident.
Before joining everything together, check that your cape is clear of the needle.
Gnosis says its chain will join the Ethereum Economic Zone in spring 2027, carrying existing contracts and balances across. The aim is to let applications use Ethereum liquidity within one transaction, with a significant change to who produces blocks.
Hong Kong’s Legislative Council passed its crypto-asset reporting bill on 4 November. Relevant service providers will begin collecting information in 2027, with exchanges between tax authorities starting in 2028.
Mercado Bitcoin’s 4 November update sets 9 November as the start of a gradual return after its security incident. Customers are initially promised website access to balances and statements; withdrawals and trading will follow further checks.
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