Regulation

Cloture needed 60 votes and drew 49. Thom Tillis switched his vote to no and asked to enter a motion to reconsider, which one industry group says leaves room for a second attempt within two days.

The prohibition sits in the same consultation that would let a handful of foreign-issued tokens carry Singapore's regulatory label. Comments close on 16 October.

Deputy chairman Anatoly Popov called the forecast conservative, because most Russian crypto flow will keep bypassing licensed venues and professional participants have until July 2027 to get authorised.

Canada is the fourth Webull market Coinbase has wired up after the US, Brazil and Australia, and it arrives with the Ontario Securities Commission reporting that crypto ownership among survey respondents has reached 25%.

The Securities and Futures Commission listed SBCFX and three related Star Bridge entities on 28 August. Around 3,000 retail traders had already been liquidated on London gold, and their margin was posted in Tether, which is the part that may not come back.

A unanimous Ninth Circuit panel held that Kalshi's sports event contracts are bets rather than swaps, directly contradicting the Third Circuit's April decision. The CFTC says only the Supreme Court can settle it now.

The rewrite starts a fresh rulemaking after the agency withdrew its 2023 safeguarding proposal. Until then, US institutional crypto custody runs on a staff letter with no legal force.

The BankChain Alliance has 3,283 member banks and $21.8 trillion of assets behind it, a 2027 target and no technology partner. The same associations spent July asking the Senate to delete the CLARITY Act subsection that lets stablecoin issuers pay activity-based rewards.

The comment letter is the clearest signal yet that Hyperliquid intends to be regulated in the United States rather than merely referenced by policymakers. President Trump named the platform at an 18 August press conference.

The Central Bank's Resolution 584, published on 7 August, takes effect in January and applies to any transfer heading to a self-custody wallet or foreign exchange. Cumulative daily volume counts, not just single tickets.

Roughly $14.56 billion has left USDT and USDC since mid-May, most of it in June. The GENIUS Act's yield ban is finally showing up in the supply data.

Affected customers must sell every position by 31 August or watch a $2 monthly inactivity fee compound into $52 by December. Luno still has not publicly named which regions it is leaving.

Decree 284/2026 puts individual penalties on retail investors for the first time and takes effect on 1 September, hardening a pilot regime that until now had no consequences attached.

The 18 January 2027 effective date did not move when the deadline slipped, and any rule finalised after 20 September will lose the ability to shorten issuers' compliance runway.

The 18 July statutory deadline for GENIUS Act final rules pushes six federal agencies to publish frameworks that would impose bank-quality compliance stacks on stablecoin issuers — a cost structure the mid-market cannot carry and has been slow to prepare for.

Binance suspended new services for EU residents on 1 July after the Greek regulator was reportedly preparing to reject its licence. Coinbase and OKX moved within hours to court its 450 million European users.

The draft framework that would have let crypto platforms list on-chain versions of US equities under a regulatory sandbox was pulled the week it was due, after pushback from incumbent stock exchanges and concerns over shareholder rights and dividend mechanics.

Bumosarang, the country's seventh-largest prepaid funeral provider, has disclosed a $33 million unrealised loss on a $43 million position in the T-REX 2X Long BMNR Daily Target ETF — held inside the customer prepayment pool.

Bitcoin Depot's voluntary Chapter 11 filing on Monday took North America's largest bitcoin ATM fleet offline overnight. A 49 per cent year-on-year revenue collapse, a $3.7 million April hack, and parallel state attorney general lawsuits finally moved faster than the company's cash position.

BlackRock used the last day of the OCC's GENIUS Act comment window to demand the regulator scrap a proposed limit on how much of a stablecoin's reserves can be held in tokenised form. BUIDL backs more than 90 per cent of two of the largest crypto-native dollar tokens.

A CoinDesk poll of 1,000 registered voters published on May 3 found that 62 per cent do not trust the Trump administration to oversee the crypto sector, and 73 per cent — including 59 per cent of Republicans — oppose senior government officials holding personal business interests in the industry.

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.

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.

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 coalition including Coinbase, Kraken, Circle, and Andreessen Horowitz sent a joint letter to the Senate Banking Committee demanding a markup of the Digital Asset Market Clarity Act — the bill that would finally draw jurisdictional lines between the SEC and CFTC.

Robinhood added Zcash to its trading platform on Wednesday, making ZEC available in New York — where the BitLicense regime has historically shut out privacy-focused tokens — and sparking a 10 per cent price surge on volume that spiked 50 per cent.

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.

Faryar Shirzad told Fox Business that the Senate Banking Committee could mark up the bill this month, with a floor vote following in May — a timeline the committee's own chairman has yet to confirm.

Payward's acquisition of Chicago-based Bitnomial gives it a designated contract market, a derivatives clearing organisation and a futures commission merchant under one roof — shortcuts that would have taken years to build from scratch.

CFTC Chairman Mike Selig told the House Agriculture Committee that Microsoft Copilot and new AI surveillance tools are compensating for a 23 per cent staffing reduction at the agency now responsible for overseeing both crypto spot markets and prediction platforms.

The SEC's Division of Trading and Markets has exempted providers of self-custodial crypto wallet interfaces from broker-dealer registration, subject to more than 20 conditions and a five-year expiry that leaves the industry reliant on temporary relief rather than permanent rules.

House Bill 798, signed on 14 April, requires crypto custodians to transfer abandoned digital assets to the state in-kind rather than liquidating them — and bars the treasury from selling for at least a year.

OKX has launched X-Perps, a MiFID-regulated perpetual-style derivatives product offering up to 10x leverage across ten trading pairs, available to retail and institutional traders across the European Economic Area.

The Bank of Russia has proposed mandatory KYC checks for all cryptocurrency transactions on domestic platforms, with a July deadline for legislation that would also require citizens to declare offshore holdings to the Federal Tax Service.

Representatives Horsford and Miller have reintroduced the PARITY Act, a revised crypto tax bill that applies stock-market wash sale rules to digital assets while offering tax deferral on staking and mining rewards.

The SEC's Division of Trading and Markets issued a no-action letter giving crypto wallet interfaces and DeFi front-ends a five-year window to operate without broker-dealer registration, subject to strict rules on fees, routing, and disclosure.

The FDIC has approved proposed rules requiring stablecoin issuers to honour redemptions within two business days, maintain one-to-one reserve backing, and meet capital and risk management standards — while explicitly excluding stablecoin holders from deposit insurance protection.

Japan's cabinet has approved amendments reclassifying cryptocurrencies as financial instruments under the FIEA, introducing insider trading bans, ten-year prison terms for unlicensed operators, and a proposed flat 20 per cent capital gains tax.

The amendment to the Financial Instruments and Exchange Act would subject 105 cryptoassets to the same regulatory framework as stocks and bonds, ban insider trading, and cut the maximum tax rate on crypto gains from 55% to a flat 20%.

The Commodity Futures Trading Commission has staffed its new Innovation Task Force with five senior advisors drawn from private practice and the agency's own ranks, moving from policy blueprint to drafting actual rules for crypto, AI systems and prediction markets.

The Hong Kong Monetary Authority handed its inaugural stablecoin issuer licences to HSBC and Anchorpoint Financial on Friday, selecting two winners from a field of 36 applicants and clearing the path for the city's first bank-issued HKD stablecoins within months.

New CEO Stephen Gregory is steering the exchange beyond spot crypto trading into prediction markets and derivatives after its US market share collapsed from 20 per cent to almost nothing following a $4.3 billion federal penalty and years of regulatory turmoil.

The SEC's sweeping Regulation Crypto Assets framework — covering startup exemptions, fundraising relief, and an investment contract safe harbour — is now at the White House Office of Information and Regulatory Affairs, the final gate before public comment.

The FDIC board voted on 7 April to advance a comprehensive prudential framework governing how federally supervised banks can issue, back, and redeem payment stablecoins, including a two-business-day redemption requirement.

The State Administration of Taxation and the National Financial Regulatory Administration jointly issued guidelines on 5 April that embed blockchain into the country's bank-tax data infrastructure, with a nationwide rollout targeted for 2029.

Trump signed the GENIUS Act into law on July 19, 2025, establishing the first federal stablecoin regulatory framework.

The combined market capitalization of stablecoins exceeded $200 billion in March 2025, driven by expansion of existing issuers and the launch of new entrants competing across different blockchain ecosystems.

The cryptocurrency industry deployed a record $130 million in campaign contributions and political spending during the 2024 U.S. election cycle, making it the largest corporate political spender for the election.

Uniswap Labs receives SEC Wells notice on April 10, 2024, indicating potential enforcement action against decentralized exchange operations and vault mechanisms.

Malta has officially passed three bills establishing regulatory frameworks for blockchain technology and cryptocurrency, positioning itself as the first country with comprehensive digital asset legislation.

Gibraltar has implemented the DLT Regulatory Framework on January 1, 2018, establishing comprehensive licensing requirements for blockchain firms operating within the jurisdiction.

South Korea's National Tax Service announced cryptocurrency taxation plans in December 2017, proposing income tax and transfer income tax on virtual currency holdings and transactions.

JPMorgan Chase CEO Jamie Dimon has publicly declared Bitcoin a fraud and stated he would fire any traders caught speculating in the cryptocurrency, intensifying Wall Street skepticism.

Japan's legislature has passed a law recognizing Bitcoin as a legal method of payment, bringing cryptocurrency exchanges under anti-money laundering rules and establishing capital requirements.