DOJ Disbands Crypto Enforcement Team, Refocuses on Illicit Finance
The Justice Department's strategic pivot narrows crypto enforcement, demanding firms fortify AML/KYC against explicit criminal activity, not inadvertent regulatory breaches.
SEC Finalizes $4.5 Billion Settlement with Terraform Labs, Do Kwon
This landmark SEC settlement mandates operational wind-down and substantial disgorgement, fundamentally reshaping accountability for unregistered crypto asset securities.
Poland Enacts Crypto-Asset Market Act, Mandating CASP Licensing
Poland's new Crypto-Asset Market Act mandates comprehensive licensing for all CASPs, imposing strict compliance frameworks and severe penalties for non-adherence.
US Enacts GENIUS Act, Establishes Federal Stablecoin Regulatory Framework
The GENIUS Act establishes a comprehensive federal framework for stablecoins, requiring 1:1 backing and monthly reserve reporting, while easing traditional finance entry.
Illinois Enacts Comprehensive Digital Asset Business and Kiosk Regulation
Illinois mandates licensing and stringent operational standards for digital asset businesses, establishing a clear compliance framework for state-level market participants.
FCA Proposes Comprehensive UK Cryptoasset Regulation, Aligning with Traditional Finance
UK crypto firms must secure FCA authorization and integrate broad financial service standards, fundamentally reshaping operational compliance and market integrity.
CFTC Concludes Enforcement Sprint, Incentivizes Self-Reporting and Cooperation
Firms must strategically align compliance programs with CFTC's new enforcement posture to mitigate penalties through proactive self-reporting.
Hong Kong Enacts Comprehensive Stablecoin Licensing Framework
Hong Kong's Stablecoins Ordinance mandates rigorous licensing and reserve requirements for fiat-referenced stablecoin issuers, reshaping market access and operational compliance.
Australia Proposes Comprehensive Digital Asset Licensing and Oversight Framework
Australia's draft legislation mandates AFSLs for crypto service providers, establishing a unified regulatory architecture to enhance market integrity.
