Key Takeaways In a signficant development, U.S. President Donald Trump signed an executive order on Thursday directing federal bank regulators to investigate and penalize financial institutions found to be engaging in “debanking”. It is referred to as a practice in…
Key Takeaways The U.S. Commodity Futures Trading Commission (CFTC) on Thursday announced a “Crypto Sprint” initiative to accelerate the implementation of policy recommendations for digital asset markets. Acting Chairman Caroline D. Pham said the initiative will focus on turning the…
Key Takeaways A federal appeals court has negated the conviction of Nathaniel Chastain, the former product manager at OpenSea, effectively nullifying the first insider trading prosecution involving digital assets in the United States. The ruling was made by the 2nd…
Key Takeaways The U.S. Securities and Exchange Commission is embarking on its most ambitious digital finance initiative to date. SEC Chair Paul S. Atkins on Tuesday announced Project Crypto, a plan to overhaul how the agency regulates digital assets and…
Key Takeaways The White House has once again delayed the confirmation process of Brian Quintenz, President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC), halting a scheduled Senate Agriculture Committee vote for the second time in a…
Key Takeaways In a significant developemnt, the U.S. House of Representatives on Thursday passed the GENIUS Act, officially sending the first-ever federal crypto law to the president for final approval. The bill passed with 308 votes in favor, following strong…
Key Takeaways The European Securities and Markets Authority (ESMA) has identified serious shortcomings in how Malta’s financial regulator approved a crypto asset service provider (CASP) license under the new Markets in Crypto-Assets (MiCA) regulation. In a peer review report published…
Key Takeaways In a significant development, New Zealand has announced that it will ban crypto ATMs and introduce a $5,000 limit on international cash transfers, in what officials describe as a targeted move to combat criminal money flows. The policy…
Key Takeaways Turkey’s top financial regulator has blocked access to 46 crypto-related websites, including leading decentralized exchange PancakeSwap, as part of an intensified crackdown on unauthorised digital asset services operating in the country. The decision was announced by the Capital…
Key Takeaways In a historic move, the United States Federal Reserve has formally announced it will no longer use “reputational risk” as a factor in evaluating the conduct and supervision of banks under its jurisdiction. The decision is expected to…
