Global Exchanges Warn SEC against Tokenized Stock Innovation Exemption
The World Federation of Exchanges' opposition mandates that firms offering tokenized securities must prepare for full broker-dealer registration, not regulatory bypass.
Japan FSA Reclassifies Digital Assets under Financial Instruments Exchange Act
The FSA's FIEA reclassification imposes rigorous securities-like disclosure and conduct standards, fundamentally altering the compliance architecture for all Japanese digital asset market participants.
Trinidad and Tobago Enacts VASP Law Aligning with Global FATF Standards
Global VASPs must immediately assess counterparty risk and compliance program extension to meet new FATF-aligned AML/CFT requirements in the Caribbean region.
Japan FSA Reclassifies Crypto Assets as Financial Products, Cuts Tax
The reclassification of digital assets as financial products mandates comprehensive disclosure and insider trading controls in exchange for a harmonized 20% capital gains tax.
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.
