BNY Mellon Launches Institutional Fund for Stablecoin Reserve Management
This initiative establishes a regulated, compliant asset structure for stablecoin reserves, bridging digital asset liquidity with traditional finance rigor.
US Bank Launches Dedicated Digital Assets Unit for Enterprise Client Adoption
This structural pivot by a SIFI centralizes digital asset strategy, optimizing client liquidity management and securing a first-mover advantage in tokenized services.
ASIC Expands Digital Asset Licensing Mandate under Existing Financial Services Law
ASIC's updated guidance systematically subjects yield-bearing tokens, stablecoins, and custody to AFSL requirements, compelling immediate compliance framework updates.
EU MiCA Stablecoin Rules Face Crisis over Multi-Issuance Interpretation
Global stablecoin issuers must immediately audit multi-issuance models against MiCA's prudential ring-fencing requirements, anticipating ECB-driven sovereign risk concerns.
IRS Confirms Staking Digital Assets Does Not Jeopardize ETF Tax Status
The IRS issued guidance confirming that staking activities by single-asset grantor trusts are passive, securing the fundamental tax structure for institutional yield products.
Central Bank Fines Coinbase Europe €21 Million for Systemic AML Failures
This landmark European enforcement action mandates immediate, systemic recalibration of all automated transaction monitoring and AML/CTF control systems.
BlackRock Tokenized Treasury Fund Expands to BNB Chain for Collateral Utility
The $2.5B BUIDL fund's expansion to BNB Chain enables institutional traders to utilize tokenized Treasuries as off-exchange collateral, optimizing capital efficiency.
SEC Repeals SAB 121, Removing Major Digital Asset Custody Barrier
The SEC's repeal of SAB 121 removes a punitive accounting barrier, immediately de-risking digital asset custody for regulated financial institutions.
SEC Chair Proposes Token Taxonomy Recognizing Investment Contract Termination
The SEC's new taxonomy recognizes that a digital asset's security status can terminate upon network decentralization, fundamentally altering Howey analysis and product structuring.
