Australian Regulator Classifies Stablecoins and Wrapped Tokens as Financial Products
The new guidance mandates AFSL licensing and AFCA membership for digital asset providers, requiring immediate compliance framework updates to leverage the June 2026 no-action window.
Congress Enacts GENIUS Act Establishing Federal Stablecoin Reserve Framework
The new federal stablecoin law mandates 100% liquid reserves and holder bankruptcy priority, fundamentally recoding the operational risk profile for issuers.
ESMA Mandates Crypto Firms Restrict Non-Compliant Stablecoins under MiCA Framework
CASPs must integrate MiCA's strict stablecoin reserve and authorization mandates into core operational and product listing frameworks by Q1 2025.
European Union Mandates Full MiCA Compliance for Crypto Asset Service Providers
The December 30, 2024, MiCA deadline necessitates immediate operationalizing of the CASP licensing and market abuse frameworks.
