ESMA Gains Direct EU-Wide Supervisory Authority over Crypto Asset Service Providers
Centralized ESMA oversight mandates uniform compliance across all EU jurisdictions, eliminating national regulatory arbitrage for CASPs.
UK Financial Conduct Authority Proposes Applying Core Handbook Rules to Crypto Firms
The FCA's consultation integrates digital asset service providers into the full regulatory perimeter, mandating alignment with Principles of Business and Consumer Duty standards.
FCA Proposes Allowing UK Asset Managers to Tokenize Funds on Public Blockchains
The shift to public DLT for fund tokenization mandates a critical upgrade to compliance frameworks, requiring systemic integration of on-chain custody and settlement controls.
UK Regulator Proposes Strict Rules for Stablecoin Backing and Crypto Custody
The FCA's proposed framework mandates full stablecoin backing and asset segregation, fundamentally resetting UK operational and reserve requirements for issuers.
EU MiCA CASP Rules Fully Apply, Mandating Service Provider Licensing
Crypto-Asset Service Providers must now execute their full MiCA authorization roadmap to secure market access before final transitional deadlines.
European Union MiCA Regulation Fully Applies to Crypto Service Providers
The MiCA full application mandates a unified EU licensing and prudential framework, fundamentally altering CASP operational and compliance architecture.
FCA Proposes Rules to Advance Fund Tokenisation in UK Asset Management
The FCA's tokenisation framework provides crucial legal guidance for integrating DLT into fund operations, unlocking capital efficiency.
European Commission Finalizes MiCA Liquidity Standards for Stablecoin Issuers
Issuers of asset-referenced and e-money tokens must now implement rigorous, systemic liquidity risk management and stress testing protocols to satisfy MiCA's final technical standards.
New York Fed and Banks Complete Regulated Liability Network DLT Settlement Pilot
The RLN PoC validates DLT for atomic settlement of tokenized bank liabilities, de-risking interbank payment flows and optimizing capital efficiency.
