Regulation2m read
UK Tokenization Drive Aims for $44 Billion Economic Boost by 2035, Plans First Digital Gilt
The UK's tokenization push could add $44 billion to annual economic output by 2035, with plans for the first digital gilt by early 2027.
◆ Regulation
Regulation1m read
Bank of Thailand Targets USDT in "Gray Money" Crackdown
The Bank of Thailand is initiating a crackdown on USDT and cash flows to combat illicit gains from Chinese-affiliated scam centers.
Regulation2m read
New Clarity Act Draft Expected This Week Amidst Remaining Hurdles
A new draft of the US Clarity Act is reportedly expected this week, aiming to provide regulatory clarity for digital assets despite ongoing challenges.
Regulation2m read
Pakistan's Virtual-Assets Regulator Calls for Dialogue After Scholar Rules Against Crypto Payments
Pakistan's virtual-assets regulator seeks continued dialogue on digital assets after an Islamic scholar backed a ruling against crypto payments.
Regulation2m read
Ripple Executives Considered Shutting Down Company Before Fighting SEC Lawsuit
Ripple CEO Brad Garlinghouse and co-founder Chris Larsen considered winding down the company and distributing XRP to shareholders before fighting the 2020 SEC lawsuit.
Regulation3m read
UK Demonstrates Serious Intent on Crypto Regulation, According to Wirex CEO
Wirex CEO Chet Shah states the UK is finally serious about crypto regulation, citing several recent steps to bolster its digital asset industry.
Regulation2m read
IMF Paper: Dollar Stablecoins Could Amplify Currency Runs While Improving FX Access
An IMF working paper highlights that dollar stablecoins can improve foreign exchange access but risk amplifying currency runs during economic stress.
Regulation2m read
DOJ Reportedly Moves to Dismiss Charges Against Alleged $722M BitClub Fraudster Matthew Goettsche
The Department of Justice is reportedly moving to dismiss charges against Matthew Goettsche, an alleged $722 million BitClub fraudster.
Regulation2m read
Senators Call for Hearings into Trump's Crypto Funding Ties Amid CLARITY Act Discussions
Five senators are calling for committee hearings to investigate if US President Donald Trump's policies are being influenced by crypto funding from UAE-linked entities.
Regulation2m read
Trump Rejects Housing Bill, Paving Way for US CBDC Ban Until 2030
Donald Trump's refusal to sign the 21st Century ROAD to Housing Act means a U.S. Central Bank Digital Currency (CBDC) will be banned until 2030.
Regulation2m read
New Hampshire Executive Council Rejects $100 Million Bitcoin-Backed Bond Proposal
New Hampshire's Executive Council rejected a **$100 million** proposal for **Bitcoin-backed bonds**, a move state representative **Keith Ammon** called 'short-sighted'.
Regulation2m read
US Government Digital Dollar Ban Takes Effect Tonight Despite Presidential Refusal
A temporary ban on a U.S. central bank digital currency (CBDC), part of a bipartisan housing bill, is set to take effect at midnight tonight.
Regulation2m read
A16z Co-founder Marc Andreessen Appointed to Federal Reserve AI Task Force
A16z co-founder Marc Andreessen has been named to co-lead a Federal Reserve task force on AI productivity and jobs under Chair Kevin Warsh's policy review.
Regulation2m read
ESMA to Intensify Scrutiny on MiCA-Licensed Crypto Custodians' Security Standards
The European Securities and Markets Authority (ESMA) will rigorously review MiCA-licensed crypto custodians for stringent security and resilience standards in the EU.
Regulation2m read
Crypto Lobby's $189 Million Campaign Under Scrutiny as CLARITY Act Advances
The crypto lobby's $189 million campaign spend is under scrutiny as the CLARITY Act advances, highlighting the industry's growing political influence.
Regulation2m read
US Prosecutors Charge Rossen Iossifov in Alleged $290,000 Kraken Crypto Laundering Scheme
US prosecutors have charged Rossen Iossifov with allegedly laundering $290,000 in crypto forfeited from a Kraken account.
Regulation2m read
Wall Street Banks Restrict Employee Prediction Market Trading Amid Insider Trading Fears
Wall Street giants Goldman Sachs and Morgan Stanley are restricting employee prediction market trades on platforms like Polymarket and Kalshi due to insider trading fears.
Regulation2m read
Circle Secures U.S. Trust Bank Approval, Bolstering Regulatory Standing
Circle, the issuer of the USDC stablecoin, has secured U.S. trust bank approval, marking a significant step in its regulatory expansion.
Regulation2m read
USDC Issuer Circle Secures Final OCC Approval for National Trust Bank Charter
Circle, the issuer of the stablecoin USDC, has received final approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter.
Regulation2m read
Polymarket Seeks Approval to Offer Margin Trading in U.S.
Prediction market platform Polymarket is seeking U.S. regulatory approval to offer margin trading to its customers, allowing for uncollateralized positions.
Regulation2m read
EU Parliament Approves 'Chat Control' Measures, Exempting End-to-End Encrypted Messages Until 2028
The EU Parliament has passed controversial "chat control" measures, authorizing tech firms to scan private messages for abuse material until 2028.
Regulation2m read
New Hampshire Executive Council Rejects State Bitcoin Bond Effort by 3-2 Vote
New Hampshire's Executive Council rejected a pioneering state-government bitcoin bond effort by a 3-2 vote, halting the project at its final stage.
Regulation2m read
Coinbase Chief Legal Officer Paul Grewal to Transition to Advisory Role
Coinbase's chief legal officer, Paul Grewal, will transition to an advisory role on July 31, maintaining his position on the Coinbase National Trust Company board.
Regulation2m read
Coinbase Chief Legal Officer Paul Grewal Steps Down, Transitions to Advisory Role
Coinbase's Chief Legal Officer Paul Grewal is departing his executive position but will continue as an adviser, he announced Thursday.
Regulation2m read
White House Reports No Democratic Nominees for SEC and CFTC Vacancies
The White House has confirmed that no Democratic nominees have been put forward to fill critical leadership vacancies at the SEC and CFTC.
Regulation2m read
Phantom and Hyperliquid Urge CFTC to Modernize Onchain Derivatives Regulations
Wallet provider Phantom and DeFi protocol Hyperliquid have formally requested the CFTC to exempt blockchain developers and non-custodial wallets from traditional intermediary rules.
Regulation2m read
New Clarity Act Draft Expected Next Week Amid Continued Bipartisan Challenges
A new draft of the crypto Clarity Act, a key market structure bill, is anticipated as early as next week, though it still lacks bipartisan support.
Regulation2m read
UK Politicians Consider Permanent Ban on Crypto Donations Amid Farage Controversy
UK politicians are weighing a permanent ban on crypto donations after millions were linked to Reform UK leader Nigel Farage, citing transparency concerns.
Regulation2m read
KOSA and Chat Control Retain Mandatory Age Verification, Prompting Privacy Concerns
Despite retreating on other criticized measures, KOSA and Chat Control maintained mandatory age verification, a move Billions CEO Evin McMullen calls a shift to identified browsing.
Regulation2m read
Hong Kong Regulator Mandates Phishing-Resistant Logins for Crypto Platforms
Hong Kong's regulator has mandated that crypto platforms and online brokers implement phishing-resistant login measures within the next 12 months.
Regulation3m read
Interpol Uncovers $122.5 Million Crypto Wallet Linked to Romance Scam Laundering
Interpol's global anti-fraud operation uncovered a single crypto wallet that processed over $122.5 million from romance scams in just 10 months.
Regulation2m read
Revolut Restricts USDT Access in EEA and Switzerland Amid Regulatory Shifts
Global financial super app Revolut has announced that it will wind down support for Tether's stablecoin, USDT, exclusively within the EEA and Switzerland.
Regulation2m read
Bank of Korea Reaffirms Push for Bank-Led Won Stablecoins Amid Regulatory Debates
The Bank of Korea is pushing for bank-led won stablecoin issuance and advancing deposit token pilots, despite ongoing debates on issuer rules.
Regulation2m read
Binance Pursues New European Licenses and Expands Regulatory Presence in Asia
Binance co-CEO Richard Teng stated that European regulators have invited the exchange to seek new licenses after MiCA setbacks, alongside Asian expansion.
Regulation3m read
Russia's Largest Private Bank, Alfa-Bank, Begins Testing Crypto Trading for Qualified Investors
Russia's largest private bank, Alfa-Bank, has begun testing cryptocurrency trading services for qualified investors, signaling a major step in digital asset integration.
Regulation2m read
Senator Wyden Urges Senate Leaders to Retain Developer Protections in CLARITY Act
Senator Ron Wyden is urging Senate leaders to keep the Blockchain Regulatory Certainty Act within the CLARITY Act to protect crypto developers.