FCA Proposes Strict Stablecoin Backing and Custody Rules for UK Market
UK stablecoin issuers must architect 100% liquid reserve controls and new CASS-aligned custody frameworks by the 2026 implementation.
UK Government Publishes Draft Law Regulating Digital Asset Service Providers
The UK’s integration of crypto exchanges and stablecoin issuance into the FSMA framework mandates immediate operationalizing of new conduct and prudential controls.
European Union Authorities Commence MiCA Licensing for Crypto-Asset Service Providers
Firms must immediately finalize MiCA authorization applications; the maximum transitional period for existing CASPs expires July 1, 2026.
Banque De France and Euroclear Tokenize €310 Billion Commercial Paper Market
This DLT initiative modernizes the short-term debt value chain, leveraging tokenization for operational efficiency and establishing a blueprint for central bank digital asset interoperability.
DFSA Proposes Shifting Crypto Token Suitability Assessment to Regulated Firms
The Dubai Financial Services Authority's consultation transfers the burden of non-fiat token classification and suitability to regulated entities, fundamentally altering compliance architecture in the DIFC.
UK Government Introduces Comprehensive Cryptoasset Regulatory Framework
The UK's new draft legislation integrates cryptoassets into existing financial regulation, mandating full authorization for key digital asset activities.
SEC Permits State Trust Companies as Qualified Crypto Custodians
The SEC's no-action relief allows registered investment advisers to treat state trust companies as "banks" for crypto custody, significantly de-risking institutional entry.
NYDFS Mandates Client Asset Protection in Crypto Custody Framework
New York's updated custody guidelines fortify client asset segregation, mitigating insolvency risks for licensed digital asset custodians.
EU MiCA Regulation Fully Implemented, Establishing Comprehensive Digital Asset Framework
The EU's Markets in Crypto-Assets Regulation now fully applies, standardizing compliance for digital asset entities across the bloc.
