Basel Committee Imposes 1,250 Percent Risk Weight on Unbacked Crypto Exposures
The 1,250% risk weight for Group 2 cryptoassets mandates a dollar-for-dollar capital charge, strategically constraining bank participation until implementation on January 1, 2026.
European Union Mandates Full MiCA Licensing for All Crypto Asset Service Providers
CASPs must immediately operationalize MiCA's full licensing, governance, and capital requirements to secure EU market access by the December 30 deadline.
Australian Regulator Classifies Stablecoins and Wallets as Financial Products
ASIC’s INFO 225 update redefines the Australian perimeter, making immediate AFS licensing mandatory for stablecoin and wallet operators.
European Banking Authority Confirms MiCA PSD2 Stablecoin Dual Licensing Mandate
The MiCA-PSD2 regulatory overlap mandates dual licensing for e-money token services, fundamentally increasing capital and compliance burdens by March 2026.
FSB and IOSCO Report Exposes Fragmented Global Crypto Regulatory Compliance Gaps
Global regulators confirm systemic compliance fragmentation, mandating an immediate, coordinated overhaul of CASP reporting and stablecoin reserve frameworks.
EU MiCA Licensing Inconsistency Threatens Passporting Principle and Regulatory Cohesion
MiCA's national implementation divergence creates regulatory arbitrage risk, forcing firms to re-evaluate their EU market entry and compliance architecture.
European Risk Board Demands Strict Enforcement against Systemic Stablecoin and Conglomerate Risks
The ESRB's shift to macroprudential oversight mandates immediate operational and legal separation for all multi-function crypto groups and the complete exclusion of non-MiCA stablecoins.
HM Treasury Integrates Core Crypto Activities into UK Financial Law
The draft FSMA Order mandates a full financial services perimeter, forcing all UK-facing platforms and issuers to secure authorization and implement prudential controls.
US Congress Enacts GENIUS Act Establishing Federal Stablecoin Reserve Standards
The new federal stablecoin framework mandates 100% liquid reserve backing and strict BSA compliance, fundamentally restructuring issuer operations and product yield models.
