EBA Confirms MiCA and PSD2 Dual Licensing for EU Stablecoin Services
The EBA's clarification mandates dual licensing for e-money token services, introducing significant operational friction and double capital requirements by March 2026.
FSB IOSCO Review Finds Global Crypto Regulation Implementation Inconsistent and Fragmented
Jurisdictional inconsistency in CASP and GSC regulation mandates immediate, architecturally robust cross-border compliance systems.
Federal Reserve Rescinds Crypto Guidance, Ends Novel Activities Supervision Program
The Fed's removal of mandatory pre-approval for crypto activities streamlines bank compliance, enabling faster institutional product deployment under standard risk frameworks.
US Regulators Announce Collaboration Ending Enforcement-First Crypto Policy
The shift to cooperative rulemaking mandates firms update compliance architectures to align with forthcoming CFTC/SEC unified standards.
US and UK Treasuries Establish Joint Digital Asset Regulatory Task Force
The new transatlantic task force mandates firms prepare for aligned cross-border compliance standards, signaling a shift from fragmentation to systemic integration.
President Nominates Selig to Lead CFTC Signaling Unified Pro-Innovation US Policy
The nomination of an SEC veteran to the CFTC chair signals an architectural shift toward harmonized, pro-innovation US digital asset market structure.
Treasury and IRS Finalize Digital Asset Broker Tax Reporting Regulations
Finalized IRS rules mandate digital asset brokers, including DeFi front-ends, must report gross sale proceeds on Form 1099, fundamentally altering operational compliance.
NFA Expands Digital Asset Rule Scope, Ties Compliance to CFTC Listings
Firms must immediately update compliance and supervision frameworks as NFA Rule 2-51's scope dynamically expands to all listed digital commodity derivatives.
UK Regulators Mandate Full Stablecoin Backing, Target End-2026 Implementation
The new UK stablecoin regime mandates full asset backing with short-term, highly liquid government debt, fundamentally reshaping reserve management risk.
