SEC Chairman Details Regulation Crypto Proposal Including Token Taxonomy Safe Harbors
The SEC's shift to rulemaking establishes a formal token taxonomy and safe harbors, mitigating systemic enforcement risk for compliant digital asset distributions.
Alibaba Deploys Tokenized Deposit Rail for Global B2B Trade Settlement
The Kinexys-powered system replaces fragmented correspondent banking with atomic settlement, optimizing working capital and mitigating counterparty risk for global B2B commerce.
EU Centralizes MiCA Oversight, Mandating Full CASP Authorization
The EU's transition to a centralized MiCA enforcement regime under ESMA compels all CASPs to secure full authorization or face imminent market exit, standardizing compliance.
SEC Drops Major Enforcement Lawsuit against Coinbase Ending Securities Litigation
The SEC's dismissal with prejudice of the Coinbase case significantly de-risks US exchange operations, signaling a pivot from enforcement to a new legislative framework.
SEC Chair Unveils Token Taxonomy Plan to Reclassify Digital Assets
The SEC's planned token taxonomy formalizes a legal off-ramp, requiring firms to architect compliance systems that dynamically re-evaluate asset security status.
Circle Launches Arc Layer-1 Blockchain for Institutional Settlement with Major Financial Partners
Arc establishes a dedicated, compliant Layer-1 settlement rail, fundamentally reducing counterparty risk and optimizing capital efficiency for global financial institutions.
Bank of England Proposes Systemic Sterling Stablecoin Backing Asset Rules
Systemic stablecoin issuers must architect reserve holdings to a 60/40 split, formalizing prudential standards for UK digital settlement assets.
IOSCO Finalizes Global Guidance on Financial Asset Tokenization
Firms must integrate DLT-specific risk controls and clarify legal ownership to scale tokenization under the 'same risks, same outcomes' global standard.
Hong Kong SFC Revamps Digital Asset Exchange Licensing and Compliance Assessment
Firms must immediately update compliance frameworks to align with the SFC's enhanced, single-phase external assessment and rigorous cold wallet custody mandates.
