The bank cited increasing trading volume and the number of users at large exchanges, as well as gaps in South Africa’s regulatory framework on crypto.
The approval came as the US Senate is expected to vote soon on prospective CFTC chair Michael Selig as a replacement for acting Chair Caroline Pham.
New SEC rules could reshape the crypto ETF landscape by speeding up approvals, reducing the shutdown backlog and giving issuers a clearer and faster path to market.
Regulators and the Bank of Korea remain at odds over bank dominance in issuing won-backed stablecoins, stalling a long-awaited framework expected this year.
A former lawyer for Coinbase, Khurram Dara, has thrown his hat in the race for New York attorney general. But incumbent Letitia James has a strong foothold, and a Republican hasn’t won in 30 years.
It comes several months after the SEC issued a similar no-action letter to DoubleZero, seen as a significant regulatory milestone for DePIN projects.
An advisory body to Japan’s FSA will release a report recommending that crypto companies hold reserves to compensate users for events such as hacks.
After the crypto industry’s success in influencing the 2024 US elections, the advocacy group announced plans to continue its efforts in the 2026 midterms.
From custody standards to stablecoin oversight, India’s VDA review may help shape an investor-focused framework that brings crypto rules closer to global norms.
The European Central Bank said stablecoin risks in the euro area are limited, with crypto trading dominating use and retail adoption under 1%, while monitoring continues.