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.
EU Mandates Standardized Crypto Transaction Reporting for Tax Transparency
New DAC8 rules impose mandatory, standardized cross-border tax reporting on all CASPs, requiring immediate data architecture updates.
FCA Launches Regulatory Sandbox Cohort for UK Stablecoin Issuers
The FCA's new sandbox cohort strategically de-risks product-to-market pathways, accelerating the integration of UK-issued stablecoins into the regulated financial architecture.
OCC Confirms Bank Authority to Hold Crypto for Network Fees and Testing
The OCC's letter provides national banks with a clear, limited scope to hold principal crypto, integrating digital assets into core operational compliance frameworks.
Bank of England Finalizes Systemic Stablecoin Reserve Requirements Consultation
Systemic stablecoin issuers must architect reserve management to meet the new 60% sovereign debt and 40% central bank deposit prudential standard, fundamentally altering operational risk profiles.
HM Treasury Finalizes Draft Law Mandating Full UK Crypto Authorization
The UK government's near-final legislation mandates full FCA authorization for six new crypto activities, fundamentally raising the regulatory bar.
Bank of England Proposes Strict Prudential Regime for Systemic Sterling Stablecoins
Systemic stablecoin issuers must now integrate strict capital and reserve controls, including a 40% BoE deposit mandate, to mitigate financial stability risk.
European Union Mandates Crypto Firms Report Customer Holdings for Tax Transparency
DAC8 expansion mandates CASPs architect new, standardized reporting modules to facilitate automatic cross-border tax information exchange across the EU bloc.
Australian Parliament Introduces Bill Mandating Digital Asset Custody Licensing
The new AFSL requirement for digital asset platforms fundamentally restructures custody risk and operational compliance for market participants.
