Indian High Court Recognizes Cryptocurrency as Property Establishing Fiduciary Duty
Exchanges must segregate client digital assets and uphold fiduciary duties, as the court affirmed crypto's legal status as property.
SEC Chairman Unveils Project Crypto, Formalizing Digital Asset Regulatory Framework
This pivotal SEC policy shift mandates that digital asset firms recalibrate their legal and product strategies around clear, transaction-based securities exemptions.
Financial Stability Board Confirms Fragmented Global Crypto Regulatory Implementation Progress
Fragmented global regulatory adoption by FSB members creates systemic arbitrage risk, demanding immediate cross-border compliance strategy harmonization.
UAE Central Bank Mandates Licensing for Decentralized Finance and Web3 Platforms
UAE Federal Decree No. 6 mandates licensing for DeFi and Web3 services, eliminating the "just code" defense and setting a September 16, 2025 compliance deadline.
Federal Lawsuit Accuses Binance of Enabling Hamas Sanctions Violations
This new civil action intensifies the regulatory imperative for all VASPs to immediately fortify sanctions screening protocols and historical transaction review.
South Africa Reserve Bank Confirms Stablecoin Threat to Emerging Market Banks
Emerging market financial institutions must now architect risk mitigation controls against projected stablecoin-driven deposit flight and exchange control circumvention.
CFTC Establishes CEO Innovation Council to Shape Digital Commodity Rules
The CFTC's new collaborative council mandates industry leaders directly inform the future operational architecture of digital commodity regulation.
Bank of England Finalizes Prudential Rules for Systemic Stablecoin Issuers
New BoE rules mandate a minimum 40% unremunerated central bank deposit ratio and temporary holding caps, fundamentally restructuring systemic stablecoin economics.
Australian Government Mandates Licensing for Digital Asset Platforms
Firms must immediately align custody and platform operations with AFSL requirements, establishing governance and risk controls to meet new financial product standards.
