US Congress Enacts GENIUS Act Establishing Federal Stablecoin Regulatory Framework
The GENIUS Act codifies payment stablecoins as a distinct asset class, mandating 1:1 reserve backing and creating a clear dual federal-state compliance path.
CFTC Explores Equivalence for EU MiCA-Authorized Digital Asset Platforms
Transatlantic regulatory arbitrage risk diminishes as CFTC considers MiCA equivalence, mandating a pivot to integrated, global compliance architectures.
FCA Lifts Four-Year Retail Ban on Crypto Exchange-Traded Notes
The FCA's policy pivot normalizes regulated crypto exposure, compelling UK financial institutions to immediately update suitability and risk disclosure frameworks.
SEC and CFTC Clarify Law Allowing Regulated Exchanges to Offer Spot Crypto Trading
Dual-agency clarity confirms that existing regulated exchanges can integrate spot crypto markets, fundamentally altering US digital asset market structure and competition.
SEC Chairman Signals Policy Pivot to Formal Innovation Exemption Rulemaking
The SEC's planned "innovation exemption" rulemaking creates a defined path for on-chain product testing, replacing unpredictable enforcement with clear compliance parameters.
National Futures Association Expands Rule 2-51 Scope for Digital Asset Commodities
NFA’s systemic update to Rule 2-51 links compliance obligations directly to derivatives market expansion, instantly broadening in-scope digital assets.
President Nominates Selig to Lead CFTC, Signaling Pro-Innovation US Policy
The nomination of a pro-commodity leader to the CFTC cements a strategic US regulatory pivot, accelerating clarity for digital asset market structure.
US and UK Treasuries Establish Joint Digital Asset Regulatory Task Force
The new transatlantic task force mandates firms prepare for aligned cross-border compliance standards, signaling a shift from fragmentation to systemic integration.
SEC and Ripple Jointly Dismiss Appeals, Solidifying Secondary Market Clarity
The definitive conclusion of the SEC's appeal structurally validates the programmatic sales ruling, creating a critical legal precedent for secondary market asset classification.
