SEC Chairman Unveils Project Crypto, Formalizing Digital Asset Taxonomy
The SEC's pivot to a structured token taxonomy and tailored exemptions mandates a fundamental re-architecture of all US-facing compliance frameworks.
EU Finalizes MiCA Technical Standards, Mandating Full CASP Authorization by 2026
The MiCA Level 2 finalization operationalizes the full compliance framework, requiring CASPs to align governance and prudential controls before the July 2026 transitional deadline.
OCC Authorizes Banks to Hold Native Tokens for Operational Balance Sheet Use
The OCC's interpretive letter provides necessary architectural clarity, integrating operational crypto-asset holdings into the regulated banking compliance framework.
FCA Proposes Market Abuse Regime and Disclosure Rules for Cryptoassets
The FCA's Market Abuse Regime for Cryptoassets (MARC) consultation mandates a systemic control update, aligning digital asset market integrity standards with established UK financial law.
Federal Judge Sanctions SEC over One Million for Misleading Crypto Court
The judicial sanction for SEC's misrepresentations sets a critical precedent, requiring heightened factual rigor in all future *ex parte* digital asset enforcement actions.
SEC Staff Grants No-Action Relief for Decentralized Infrastructure Token Distributions
This no-action letter provides a critical, conditional path to non-security classification for utility-focused tokens, clarifying Section 5 compliance.
OCC Permits National Banks to Hold Native Tokens for Network Operations
The OCC's clarification on holding native tokens for operational use removes a key infrastructure barrier, immediately enabling institutional blockchain integration and service deployment.
CFTC Elevates Enforcement Standard Requiring Willful Violation Proof for Charges
The shift requires regulators to prove *willful* violation of registration rules, fundamentally altering the risk profile for non-compliant entities.
DOJ Ends Crypto Regulation by Prosecution, Focuses on Criminal Fraud
The Department of Justice policy shift fundamentally de-risks platforms from criminal prosecution for regulatory compliance errors, prioritizing willful fraud.
