Politics, Legal & Regulation

May 27, 2026 @ 3:37 am By Omar Faridi  |  

On May 26, 2026, the United Kingdom imposed a significant new sanctions package targeting 18 cryptocurrency-related entities and individuals deeply embedded in networks that facilitate Russia’s circumvention of international trade restrictions. This action, issued by the Foreign, Commonwealth and Development Office (FCDO), highlights the role… Read More

May 26, 2026 @ 5:53 pm By JD Alois  |  

President Donald Trump has posted on Truth Social that the Commodity Futures Trading Commission (CFTC) must maintain federal authority over prediction markets. In recent months, multiple states have challenged federal authority over platforms like Polymarket and Kalshi, arguing that federal oversight encroaches on state jurisdiction. The CFTC has gone so… Read More

May 26, 2026 @ 4:04 pm By JD Alois  |  

The Fellowship PAC has endorsed Ken Paxton for the hotly contested Texas Senate seat, where Republican incumbent John Cornyn is currently expected to lose his seat. The Fellowship PAC announced its support of Paxton following President Donald Trump’s endorsement of Paxton on May 19th. Trump’s… Read More

May 26, 2026 @ 3:31 pm By Omar Faridi  |  

The European Central Bank (ECB) has issued a firm warning to EU finance ministers, cautioning that proposals to relax regulations on euro-denominated stablecoins could inadvertently undermine the strength of traditional banking institutions across the bloc. This stance comes amid ongoing discussions about enhancing the competitiveness… Read More

May 26, 2026 @ 10:52 am By JD Alois  |  

Digital bank Revolut wants to become a federally chartered bank in the US. The successful UK-based Fintech is already approved to provide banking services in the EU. Revolut Bank UAB is licensed by the European Central Bank (ECB) and regulated by the Bank of Lithuania…. Read More

May 25, 2026 @ 3:46 pm By Omar Faridi  |  

Customers impacted by the spectacular 2022 collapse of the once prominent cryptocurrency exchange FTX have secured another round of financial recoveries through settlements with key professional service providers who worked with the exchange.  The agreements involve the firm’s former primary outside counsel and its auditor,… Read More

May 25, 2026 @ 3:10 pm By Omar Faridi  |  

Iran has initiated conversations with Oman regarding a potential collaborative arrangement to implement a payment mechanism for ships navigating the Strait of Hormuz, a vital chokepoint for global energy supplies. This development highlights ongoing tensions, as it suggests that Washington and Tehran remain far from… Read More

May 25, 2026 @ 11:17 am By Omar Faridi  |  

A prominent Polish Fintech executive is currently held in a Missouri county jail. U.S. authorities arrested him on an Interpol warrant, as Poland seeks his extradition to face serious charges of fraud and money laundering that allegedly harmed thousands of clients. Marcin Pióro, 45, was… Read More

May 23, 2026 @ 5:04 pm By Omar Faridi  |  

Leaders of the US House Committee on Agriculture have pressed US President Donald Trump to appoint commissioners to the four vacant seats on the Commodity Futures Trading Commission (CFTC). The move underscores the agency’s critical and expanding responsibilities in overseeing derivatives markets, including a heightened… Read More

May 23, 2026 @ 10:34 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has taken a seemingly more proactive step toward modernizing its financial services ecosystem by launching an extensive public consultation on the tokenization of financial instruments as well as so-called real-world assets (RWAs). Announced recently this month, this initiative explores… Read More

May 22, 2026 @ 3:40 pm By JD Alois  |  

Legislation designed to create a strategic Bitcoin reserve has been referred to the House Financial Services Committee as the concept makes its way from a talking point to law. President Donald Trump signed an Executive Order in the spring of 2025 that sought to create… Read More

May 22, 2026 @ 12:47 pm By JD Alois  |  

The White House posted a series of Executive Orders (EO) this week, signed by President Donald Trump. A key EO was demanding that Fintechs have better access to the Federal Reserve and certain functions, such as payment accounts and real-time payments, to improve services for non-bank… Read More

May 22, 2026 @ 12:29 pm By JD Alois  |  

Kevin Warsh was sworn in as the new Federal Reserve Chairman at an interesting time for the United States. While President Donald Trump has publicly stated he wants an independent Fed Board Chairman, he has also declared his desire for lower interest rates as determined… Read More

May 22, 2026 @ 8:07 am By Omar Faridi  |  

Blockchain technology provider ConsenSys has recently submitted a detailed formal comment to the Federal Deposit Insurance Corporation (FDIC) regarding its proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). This submission addresses requirements for FDIC-supervised permitted payment stablecoin… Read More

May 22, 2026 @ 7:56 am By Omar Faridi  |  

Payward, the parent company of the cryptocurrency exchange and digital investment platform Kraken, has received preliminary approval for a comprehensive broker-dealer, investment, and management license from Dubai’s Virtual Assets Regulatory Authority (VARA). This milestone marks a significant step in digital assets platform Kraken’s strategy to… Read More

May 22, 2026 @ 4:32 am By Omar Faridi  |  

Michael Novogratz, the founder of Galaxy Digital, (NASDAQ: GLXY) have faced off against BitGo Holdings (NYSE: BTGO)  CEO Mike Belshe in a Delaware courtroom this week. The dispute centers on a seemingly high-potential but ultimately collapsed acquisition agreement from back in 2021, which had at… Read More

May 21, 2026 @ 9:33 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has announced full integration with Kaia, a an EVM-compatible Layer-1 network designed to power regulated stablecoin payments and on-chain services across Asia. The latest partnership equips compliance and investigation professionals with comprehensive real-time and historical visibility into one of the region’s… Read More

May 21, 2026 @ 2:51 pm By Omar Faridi  |  

Finfluencers are actively harming consumers and preventing them from achieving financial independence. Unsuspecting social media users are increasingly being subjected to flashy posts where people are shown driving fancy cars and flaunting their wealth but these are usually just props. In order to achieve true… Read More

May 21, 2026 @ 11:37 am By JD Alois  |  

The Blockchain Leadership Fund (BLF), a Political Action Committee (PAC) that aims to support policies that advocate for digital asset innovation, has shared its inaugural list of political endorsements. The candidates include: Senate Candidates: Barry Moore (R-AL), Kurt Alme (R-MT), Jon Husted (R-OH), Angie Craig… Read More

May 21, 2026 @ 8:49 am By JD Alois  |  

Bsquared Technology has lost its regulatory approval issued by the Monetary Authority of Singapore (MAS).  The regulator stated that Bsquared was banned from providing digital payment token services on May 14th. MAS said an on-site inspection revealed serious regulatory compliance violations. This included a claim… Read More