SEC Staff Permits State Trusts as Qualified Digital Asset Custodians
The Staff's no-action relief provides a critical compliance pathway, enabling SEC-registered investment advisers to utilize state-chartered trust companies as qualified digital asset custodians.
Crypto Market Drops as Bitcoin Falls amid Risk Aversion
The crypto market saw a sharp decline, with Bitcoin dropping below $82,000, as investors pulled back from riskier assets.
SEC Chairman Outlines Formal Token Taxonomy and Regulation Crypto Proposal
The SEC's shift to a formal token taxonomy and tailored disclosures fundamentally alters the compliance calculus, providing a defined path for non-security digital asset operations.
Crypto Market Sees Billion-Dollar Liquidations, Prices Drop Sharply
A wave of over $1 billion in crypto liquidations highlights market fragility, pushing major digital assets like Bitcoin and Ethereum lower.
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.
US Congress Mandates Monthly Audits for Payment Stablecoin Issuers
Permitted payment stablecoin issuers must now operationalize monthly independent audits and executive certifications, fundamentally elevating reserve compliance risk.
Bitcoin Price Falls as Fed Rate Cut Hopes Fade
Bitcoin's price decline and widespread liquidations reflect investors pulling back from riskier assets as Federal Reserve rate cut expectations diminish.
EU Shifts MiCA Focus to Enforcement and Centralized Market Oversight
The transition to MiCA's full application mandates immediate operationalizing of compliance frameworks, concluding the period of strategic regulatory ambiguity.
Dubai VARA Rulebook Two Point Zero Tightens Virtual Asset Service Provider Controls
VARA's Rulebook 2.0 mandates enhanced capital and operational controls for issuance, distribution, and margin trading, fundamentally restructuring VASP risk architecture.
