Senate Committee Draft Grants CFTC Digital Commodity Spot Market Authority
The bipartisan Senate draft redefines market structure, formalizing CFTC oversight for digital commodities and mandating qualified custody for customer assets, fundamentally altering operational risk management.
Trinidad and Tobago Enacts VASP Law Aligning with Global FATF Standards
Global VASPs must immediately assess counterparty risk and compliance program extension to meet new FATF-aligned AML/CFT requirements in the Caribbean region.
Societe Generale Issues First US Digital Bond on Canton Network
Tokenization of SOFR-linked bonds on-chain streamlines securities issuance and enables instantaneous settlement within the regulated US capital markets framework.
Bank of England Proposes Strict Reserve Rules for Systemic Sterling Stablecoins
Systemic stablecoin issuers must architect compliance frameworks to meet stringent 40% central bank reserve requirements, fundamentally altering capital strategy.
OCC Authorizes National Banks to Hold Crypto for Operational Balance Sheet Use
The OCC's new guidance formally integrates crypto-assets into the banking system's operational architecture, requiring immediate update of risk and capital management frameworks.
Centralized Exchange Hot Wallets Drained by Private Key Compromise
A critical lapse in operational security exposed hot wallet private keys, enabling a multi-chain drain of $48M across seven networks.
Bitcoin Enters Fastest Bear Market, Hints at Year-End Reversal
Bitcoin's rapid price drop signals a structural market shift, yet underlying liquidity indicators suggest a potential bullish rebound by year-end.
SEC Staff Permits State Trusts as Qualified Digital Asset Custodians
The Staff's no-action relief provides a critical compliance pathway, enabling SEC-registered investment advisers to utilize state-chartered trust companies as qualified digital asset custodians.
HSBC Expands Tokenized Deposit Service to US and UAE Corporates
The DLT-based Tokenized Deposit Service provides corporate treasuries with 24/7, instant settlement capabilities for cross-border liquidity optimization.
