SEC Chair Unveils New Token Taxonomy Clarifying Digital Asset Securities Status
The SEC's nuanced Howey application creates an explicit off-ramp for decentralized and utility tokens, demanding immediate product restructuring.
ChinaAMC, Ant International, Standard Chartered Launch 24/7 Tokenized Fund Dealing
Tokenization of HKD money market funds enables institutional clients to achieve real-time liquidity and 24/7 treasury allocation, optimizing capital efficiency.
Bank of England Prohibits Permissionless Blockchains for Systemic UK Stablecoins
The BoE's DLT accountability mandate forces systemic stablecoin issuers to architect on permissioned infrastructure, redefining UK market entry strategy.
FCA Registers Sterling Stablecoin Issuer, Validating UK Digital Asset Model
The UK FCA's authorization of a sterling stablecoin issuer sets a new operational precedent for compliant, fiat-backed digital assets, clarifying the path to market legitimacy.
Mastercard Integrates Stablecoin Payouts for Global 24/7 Cross-Border Settlement
The integration of regulated stablecoin rails into the Mastercard Move network enables financial institutions to achieve 24/7, near-instantaneous cross-border B2B settlement, driving capital efficiency.
ESMA Finalizes MiCA Guidelines Clarifying Crypto Asset Classification
Issuers must immediately re-assess token classification under ESMA's substance-over-form test to ensure MiCA compliance and disclosure integrity.
IRS Grants Tax Safe Harbor for Digital Asset Staking Trusts
The IRS safe harbor for staking ETPs standardizes tax treatment, removing the 'power to vary investment' risk for institutional digital asset trusts.
IRS Grants Safe Harbor Allowing Crypto Trusts to Stake Digital Assets
The IRS safe harbor for staking-enabled investment trusts provides critical tax clarity, unlocking yield generation for regulated institutional products.
Senate Committee Drafts Bill Redefining Digital Asset Market Structure
The draft legislation clarifies asset classification and grants the CFTC primary spot market authority, compelling firms to re-architect compliance frameworks for commodity oversight.
