Regulation

Aave's 29-page filing argues that briefly-stolen ETH cannot be treated as North Korean property, even when Lazarus Group was the thief — and warns the SDNY restraining order could chill every future DeFi hack recovery.

Senators Cynthia Lummis and Thom Tillis publicly stood behind the stablecoin yield language in the CLARITY Act on Monday after a coalition of five banking trade groups attacked the compromise as inadequate. The next two weeks will decide whether the deal holds.

Senators Tillis and Alsobrooks finalised the language on stablecoin rewards in the CLARITY Act on Friday, ending the months-long deadlock that had killed the bill's momentum. The compromise bans passive yield but preserves activity-based rewards — and Coinbase keeps the revenue stream that mattered most.

Senators voted unanimously on April 30 to bar themselves and their staff from trading on prediction markets, an immediate amendment to Rule 37 introduced by Ohio Republican Bernie Moreno after months of insider-trading concerns over senators wagering on policy outcomes they themselves were shaping.

The CFTC granted Gemini's Olympus subsidiary a Derivatives Clearing Organization licence on April 29, joining the exchange's existing Designated Contract Market designation and giving it the full regulated stack to settle its own futures, options and prediction markets in-house.

Patrick Witt, Trump's new digital-assets adviser, told the Bitcoin 2026 conference in Las Vegas that the White House is preparing a 'big announcement' on the US Strategic Bitcoin Reserve within weeks — without specifying what it will contain.

The CFTC handed Gemini's clearing affiliate a Derivatives Clearing Organization licence, giving the Winklevoss-run exchange the right to clear and settle every futures, options and prediction-market trade it routes through its US marketplace in house.

Stablecoin issuer Agora filed for a national trust bank charter with the OCC on April 24, racing for federal oversight while traditional banks pressure Congress to delay the underlying legislation.

Canada's Spring Economic Update proposes a federal blanket ban on all 4,000 cryptocurrency ATMs nationwide, citing CAD 704 million in fraud losses last year and calling the machines a 'primary method' for scammers to defraud victims.

India's Reserve Bank has begun routing portions of the country's $80 billion welfare programme through the digital rupee in ten state-level pilots, while urging the federal government to put a BRICS-wide CBDC interoperability proposal on the agenda of the bloc's 2026 summit.

A coordinated international operation led by Dubai Police has dismantled nine cryptocurrency investment scam centres and arrested at least 276 people, with three defendants now facing federal wire fraud and money laundering charges in the Southern District of California.

Paul Atkins, the first sitting SEC chair to address a Bitcoin conference, used Las Vegas to confirm a 12-to-36-month sandbox for on-chain securities issuance and to declare the agency's enforcement-driven era over.

Israel's Capital Market Authority approved BILS, a shekel-pegged stablecoin built on Solana by licensed brokerage Bits of Gold, making it the first regulated fiat-backed token in the Middle East.

Ben Zhou told CoinDesk that MiCA covers only spot trading, which doesn't generate enough revenue to sustain an exchange. Derivatives, tokenised assets, and stablecoin services require MiFID II and Electronic Money Institution licences that most crypto firms haven't even started pursuing.

A joint proposed rule from FinCEN and OFAC would require permitted stablecoin issuers to run full AML programmes, screen every transaction against the SDN list, and face strict-liability penalties for failing to freeze sanctioned funds. Comments are due by 9 June.

Officers from the Financial Conduct Authority, HMRC and the South West Regional Organised Crime Unit issued cease-and-desist notices and gathered evidence that is now feeding into criminal investigations.

Wisconsin's attorney general filed three lawsuits arguing prediction market contracts are illegal sports bets, escalating a jurisdictional battle between states and the CFTC that is almost certainly headed to the Supreme Court.

SEC Chairman Paul Atkins has sent a sweeping crypto rulemaking package to the White House for final review, proposing startup exemptions, fundraising thresholds, and a safe harbour that could let some tokens escape the securities label entirely.

The UK government has prohibited political parties from accepting cryptocurrency donations, a move designed to close what officials described as a foreign interference vulnerability in the country's electoral finance system.

Chairman Paul Atkins debuted 'Material Matters' with commissioners Peirce and Uyeda, who spent 28 minutes dismantling the Biden-era SEC's approach to digital assets and laying out a crypto-friendly regulatory reset.