Financial Action Task Force Issues New Virtual Asset Recovery Guidance
Global jurisdictions must establish specialized legal and operational frameworks for seizing and managing illicit virtual assets.
Deutsche Börse and Circle Integrate Stablecoins for European Institutional Settlement and Trading
Integrating regulated stablecoins into core market infrastructure enables atomic settlement, unlocking capital efficiency across the European trading lifecycle.
UK Integrates Crypto Activities into Core Financial Services Law
The UK mandates FCA authorization for crypto exchanges and custodians, fundamentally shifting compliance from an AML-only perimeter to a full FSMA-based regulatory regime.
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.
ESMA Finalizes MiCA Rules Mandating Market Abuse Controls and Narrow Solicitation
Full MiCA implementation now requires CASPs to operationalize market abuse surveillance and strictly limit reliance on the narrow reverse solicitation exemption.
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.
US GENIUS Act Implementation Begins, Federal Stablecoin Framework Established
The enactment of the GENIUS Act mandates a systemic overhaul for stablecoin issuers, requiring 100% liquid reserve backing and full integration into the Bank Secrecy Act compliance architecture.
Fidelity Launches Tokenized Treasury Fund on Ethereum; Ondo Becomes Anchor Investor
The tokenized money market fund leverages Ethereum for 24/7, compliant settlement, strategically enhancing institutional liquidity and capital efficiency across asset managers.
BlackRock Tokenized Treasury Fund Becomes Collateral for Binance Institutional Trading
Integrating tokenized Treasuries as off-exchange collateral optimizes institutional capital deployment, reducing counterparty risk and enhancing trading efficiency across the digital asset ecosystem.
