Conservatives in the Republican Party are frustrated that a promised ban on central bank digital currencies didn’t make it into a must-pass defense bill that’s now on its way to the Senate.
The CFTC’s new CEO Innovation Council includes leaders from crypto exchanges like Kraken and traditional stock exchanges such as Nasdaq to discuss market structure reforms.
The Office of the Comptroller of the Currency said crypto was one of many industries that banks had denied services to, and it could refer its findings to the Justice Department.
Securitize hires former PayPal executive Jerome Roche as it expands regulated tokenized securities for US investors and builds on fresh approvals in Europe.
Hong Kong has launched a public consultation on adopting the OECD’s crypto account tax data sharing program, CARF, and revising its tax reporting standards.
Japan’s FSA is set to mandate liability reserves for crypto exchanges to boost consumer protection. The new rules are set to change the market.
Circle has secured a license in Abu Dhabi, enabling it to operate as a licensed Money Services Provider as the UAE accelerates its rollout of crypto regulations.
A US judge has handed Kalshi a small win after putting a temporary stop to the Connecticut Department of Consumer Protection’s enforcement action against the company.
Treasury Secretary Scott Bessent has presented four names to the White House, with the list reportedly including former Fed governor Kevin Warsh and frontrunner Kevin Hassett.
The guidance confirms that facilitating customer crypto trades falls within the “business of banking,” expanding the range of activities that national banks may offer under existing law.