Justice Department Ends Digital Asset Regulation by Prosecution Strategy
The DOJ's new policy, codified in an April 7th memorandum, fundamentally de-risks US operations by shifting enforcement focus exclusively to criminal conduct.
Court Voids SEC Rule Redefining Dealer Authority over Proprietary Traders
The judicial ruling restores the critical trader/dealer distinction, preserving operational flexibility and avoiding onerous capital requirements for market makers.
EU MiCA Passporting System Threatened by Inconsistent National Licensing Implementation
National regulators' disparate MiCA transitional periods create critical regulatory arbitrage risk, jeopardizing the single-market passporting framework.
Federal Judge Rejects SEC and Ripple’s Proposed $50 Million Settlement
The court's rejection of the reduced financial penalty re-injects material uncertainty into the precedent-setting remedies phase, demanding a strategic re-evaluation of litigation risk.
ASIC Classifies Stablecoins and Wallets as Financial Products Mandating Licensing
Australia’s new guidance classifies most digital assets as financial products, mandating a compliance pivot to an AFSL framework by mid-2026.
EU States Propose Centralized ESMA Oversight Challenging MiCA Passporting Principle
Inconsistent national MiCA licensing mandates an urgent re-evaluation of the EU's single market passporting model, necessitating a shift toward centralized ESMA supervision for systemic risk mitigation.
California Federal Court Rules DAO Constitutes General Partnership Liability
The judicial classification of a DAO as a general partnership fundamentally re-architects DeFi legal risk, imposing joint and several liability on participants.
Senate Committee Draft Grants CFTC Primary Spot Digital Commodity Authority
The legislative draft establishes a clear jurisdictional framework, mandating firms recalibrate compliance systems for a CFTC-centric commodity regime.
European Commission Proposes Centralizing MiCA Crypto Oversight under ESMA Authority
The proposed shift to ESMA for MiCA authorization creates immediate legal uncertainty and risks destabilizing the established EU compliance architecture.
