Hong Kong Mandates HKD 25 Million Minimum Capital for Stablecoin Issuers
The new HKMA fiat-backed stablecoin regime operationalizes reserve quality and financial stability requirements, mandating HKD 25 million minimum capital.
FCA Finalizes Strict Capital Custody Rules for Crypto Firms
The new CRYPTOPRU framework mandates asset segregation and scaled capital requirements, fundamentally altering UK operational risk and compliance architecture.
MIAX Exchange Mandates Stricter Capital, KYC, and Segregation for FCM Participants
Futures Commission Merchants must now implement new minimum capital and operational standards, integrating enhanced AML/KYC and full customer collateralization controls.
BCB Operationalizes Virtual Asset Law, Mandates Licensing and Capital Rules
The BCB's final resolutions establish a systemic authorization regime and classify stablecoins as FX, mandating robust capital and disclosure standards.
Brazil Central Bank Finalizes Comprehensive Licensing and Capital Rules for VASPs
The new VASP framework mandates substantial capital reserves and local incorporation, fundamentally redefining operational risk architecture in Latin America.
