Japan FSA Reclassifies Crypto Assets for Uniform 20% Capital Gains Tax
The reclassification of digital assets as financial products fundamentally alters the tax liability framework, shifting profits from a 55% maximum income rate to a flat 20% capital gains standard.
Bank of England Finalizes Systemic Sterling Stablecoin Reserve Asset Rules
The BoE's prudential framework mandates a 40% central bank deposit floor, fundamentally restructuring systemic stablecoin reserve management and liquidity controls.
NYSE Arca Certifies Grayscale Spot Altcoin ETFs for Trading
The NYSE Arca certification of spot altcoin ETFs fundamentally expands the regulated product perimeter, unlocking new institutional capital access.
Congress Passes GENIUS Act Establishing Payment Stablecoin Regulatory Framework
The passage of the GENIUS Act mandates 1:1 reserve backing and legal clarity, fundamentally altering the compliance architecture for all U.S. payment stablecoin issuers.
Bank of England Mandates Strict Reserve Rules for Systemic Sterling Stablecoins
Systemic stablecoin issuers must now architect reserve management around a 40% unremunerated BoE deposit requirement, fundamentally altering capital efficiency.
EU Markets in Crypto-Assets Regulation Fully Applies, Mandating Licensing Regime
The MiCA framework's full application standardizes pan-European licensing, mandating immediate operational compliance for all Crypto-Asset Service Providers (CASPs).
OCC Authorizes National Banks to Hold Operational Crypto on Balance Sheets
This guidance permits national banks to integrate blockchain services, mandating new accounting and risk controls for on-balance sheet operational crypto.
SEC Chairman Outlines Formal Regulation Crypto Token Taxonomy Framework
The SEC's move to formal rulemaking mandates market participants prepare for a structured taxonomy and tailored disclosure requirements.
ESMA Finalizes MiCA Guidelines Mandating Market Abuse Detection for Regulators
CASPs must immediately align internal monitoring and reporting systems with new NCA supervisory standards to mitigate enforcement risk under MiCA.
