UK Government Aligns Crypto Loan Tax with Economic Substance for DeFi
Firms must immediately update compliance frameworks to track DeFi and CeFi transactions based on economic substance, mitigating disposal risk.
SEC Reduces Enforcement Actions Signaling New Digital Asset Policy Direction
The SEC's pivot from litigation to rulemaking fundamentally lowers immediate regulatory litigation risk, enabling firms to prioritize architectural compliance build-out.
UK Treasury Finalizes Draft Law Bringing Crypto Activities into FSMA Perimeter
The UK's legislative move mandates all crypto exchanges and custodians integrate into the FSMA framework, elevating operational resilience and consumer protection requirements.
Brazil Central Bank Operationalizes Virtual Asset Law Mandating Licensing
Brazil's BCB operationalizes the 2022 Virtual Assets Law, mandating VASP licensing and Basel-aligned capital reserves by February 2026.
OCC Confirms Bank Authority to Hold Crypto for Network Fees
National banks are authorized to hold crypto assets as principal to cover operational network fees, enabling direct on-chain utility.
Abu Dhabi Regulator Bans Privacy Tokens and Algorithmic Stablecoins
ADGM's formal ban on privacy tokens and algorithmic stablecoins establishes a clear jurisdictional boundary, mandating immediate VASP compliance system updates and product delistings.
