ASIC Clarifies Digital Asset Status, Grants Transitional Licensing Relief
The regulator confirmed numerous digital assets as financial products under existing law, setting a clear A$10 million custody capital floor with a defined compliance runway.
Senate Committee Draft Grants CFTC Digital Commodity Spot Market Authority
The bipartisan Senate draft redefines market structure, formalizing CFTC oversight for digital commodities and mandating qualified custody for customer assets, fundamentally altering operational risk management.
Japan FSA Reclassifies Crypto Assets for Uniform 20% Capital Gains Tax
The reclassification of digital assets as financial products fundamentally alters the tax liability framework, shifting profits from a 55% maximum income rate to a flat 20% capital gains standard.
Senate Approves CFTC Nominee, Solidifying US Regulatory Framework Pivot
The US regulatory posture is shifting from enforcement-driven litigation to a framework-centric model, prioritizing clear commodity rules and de-escalating SEC oversight.
Senate Advances Bipartisan Bill Clarifying Digital Asset Market Structure
Legislative progress formalizes CFTC commodity oversight, demanding exchanges implement full fund segregation and broker-dealer controls.
UK Treasury Finalizes Legislation Integrating Crypto Assets into Financial Services Law
The UK's near-final Cryptoassets Order mandates full FCA authorization for consumer-facing activities, fundamentally redefining VASP compliance architecture.
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.
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.
Central Bank Fines Coinbase Europe €21 Million for Systemic AML Failures
This landmark European enforcement action mandates immediate, systemic recalibration of all automated transaction monitoring and AML/CTF control systems.
