US Bank Restarts Institutional Crypto Custody Service Citing Regulatory Clarity
Major bank's custody resumption validates the institutional compliance framework, shifting digital asset risk management from legal uncertainty to operational integration.
Russian Central Bank Authorizes Commercial Banks for Regulated Cryptocurrency Operations
The CBR's controlled pivot integrates digital assets into the banking system, mandating stringent capital limits to mitigate systemic risk and regulatory blind spots.
ESMA Seeks Centralized MiCA Oversight to End EU Regulatory Fragmentation
Firms must now model risk for a unified EU supervisory regime, shifting from fragmented national competent authority compliance.
Congress Enacts GENIUS Act Creating Federal Stablecoin Regulatory Framework
The new federal stablecoin law mandates 100% liquid reserves and BSA compliance, fundamentally re-architecting issuer risk and operational controls.
European Banking Authority Rejects Commission Stablecoin Reserve Liquidity Amendments
Stablecoin issuers face renewed scrutiny as the EBA defends prudential standards, blocking amendments that would have introduced material reserve liquidity risk.
South Korea Tax Authority Authorizes Cold Wallet Seizure for Tax Evasion
This policy expands tax enforcement jurisdiction into self-custody, mandating a reassessment of individual asset reporting and risk controls.
SEC Staff Clarifies State Trust Companies Qualify as Digital Asset Custodians
The SEC Staff's no-action relief provides a critical, compliant pathway for Registered Investment Advisers to custody client digital assets via state-chartered trusts.
US Congress Enacts GENIUS Act Establishing Federal Stablecoin Regulatory Framework
The GENIUS Act codifies payment stablecoins as a distinct asset class, mandating 1:1 reserve backing and creating a clear dual federal-state compliance path.
DOJ Settles Tax Fraud Case, Signals US Crypto Enforcement Shift
The $48 million Deferred Prosecution Agreement establishes a precedent for resolving high-profile tax evasion cases via settlement, recalibrating federal enforcement posture.
