Politics, Legal & Regulation

Policy and regulations impacting innovations in Finance.

SEC Claims Large Scale Abuse in Investor Adviser Filings, Files Charges Against 38 Entities

The Securities and Exchange Commission (SEC) announced yesterday that it has found large-scale abuse in the investment advisor sector and filed complaints against 38 entities. At the same time, the SEC thanked the Federal  Bureau of Investigation’s Operation Level Up, a project launched to protect… Read More

US Department of Treasury Forms Quantum Readiness Taskforce

The US Department of the Treasury has created a new public-private group to help banks, payment systems, market operators, and technology vendors prepare for a future in which quantum computers could undermine today’s encryption. Announced on August 24, 2026, the Quantum-Readiness Task Force follows President… Read More

OCC Acts to Improve Transparency and Consistency to Bank Enforcement and Supervisory Standards

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This post was originally published on OCC.gov OCC issues two revised policies and procedures manuals; proposes amendments to Violations of Laws and Regulations framework WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced additional actions to focus supervisory attention on the most significant… Read More

Agencies Issue Final Rule to Prioritize Material Financial Risks

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This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today issued a final rule that continues their effort to focus examiners’ and institutions’ attention on material financial risks and compliance with… Read More

Ground Joins CCI’s Vault Coalition, Blockchain Association to Better Engage on Digital Asset Policy

Ground says it is joining two digital asset industry advocacy groups: the Blockchain Association and CCI’s Vault Coalition. The Vault Coalition was launched on June 5, 2026, by the Crypto Council for Innovation (CCI). Its goal is to clarify U.S. rules for onchain vaults—smart-contract products that pool… Read More

Coinbase CEO Says He May Leave California Due to Proposed Confiscation Tax: Deeply Un-American

Coinbase (NASDAQ:COIN) CEO Brian Armstrong addressed the proposed confiscation tax in California, calling it “deeply un-American” and saying he is considering leaving the state. The comments were made during the Katie Miller Podcast, where Armstrong addressed a litany of issues surrounding crypto and the policies that impact… Read More

Connecticut Files Lawsuit Against Kalshi, Seeking Ban on Unlicensed Sports Event Contracts

Connecticut officials have taken prediction-market operator Kalshi to state court, asking a judge to halt what they describe as unlicensed sports betting offered through the company’s event contracts. Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli, and Governor Ned Lamont announced the action… Read More

UK’s Competition and Markets Authority (CMA) Initiates Review of Brink’s $6.6 Billion NCR Atleos Deal

The UK’s competition regulator has taken a closer look at one of the largest proposed tie-ups in cash logistics and ATM infrastructure. The Competition and Markets Authority (CMA) has opened a formal Phase 1 review of The Brink’s Company’s planned purchase of NCR Atleos, a transaction… Read More

Young investors trust AI more than TV or celebrities

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This post was originally published on fca.org.uk  New research focused on 18- to 40-year-olds who own or are considering investments showed that 56% trust AI tools, more than TV and radio (47%), press (46%) or social media influencers (29%). And people are getting more comfortable,… Read More

Pontes and Appia: The ECB’s Distributed Ledger (CLT) Project

The European Central Bank (ECB) is preparing to launch the long-anticipated “Pontes” ecosystem with qualified distributed ledger technology-enhanced platforms that provide services, including tokenization, to the European wholesale market. The ECB’s Governing Council approved Pontes in 2025, which takes a two-track approach: the first track,… Read More

Fintech Insiders Comment on PCE Inflation

The Personal Consumption Expenditures index (PCE), a closely watched measure of inflation, landed as expected today. While showing sticky inflation at 3.3%, above the target rate, the inline reading for July was greeted with a sigh. July PCE was 3.7% versus an expected 3.6% year… Read More

EGR Wealth Limited enters administration

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This post was originally published on fca.org.uk  If you need urgent help with your account, contact the joint administrators. You should also get in touch if you have questions about income or withdrawals, need extra support, or want to discuss options. Make sure your contact… Read More

FCA bans trio behind £35.5m scheme designed to bypass visa rules

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This post was originally published on fca.org.uk  Mr Joukovski has referred his Decision Notice to the Upper Tribunal where he and the FCA will present their cases. Any findings in Mr Joukovski’s Decision Notice are therefore provisional and reflect the FCA’s belief as to what… Read More

The GENIUS Act will Cement Dollar Dominance

An article on WSJ.com says US Treasury Secretary Scott Bessent may get support from the crypto markets as he tries to push bond yields lower. Earlier this week, Bessent said the US Treasury Department would use its balance sheet to buy Treasuries in an attempt to drive yields… Read More

Gaming Company Founder Convicted of Allegedly Defrauding Investors in Nearly $1M Crypto Trading Scheme

A San Francisco-based entrepreneur with roots in the gaming industry has been found guilty of orchestrating a scheme that defrauded investors in a cryptocurrency trading fund of nearly $1 million. On August 24, 2026, a federal jury in the Northern District of California convicted Japheth… Read More

Bank Policy Institute (BPI) Calls for Broader Identity Checks for Stablecoin Trading Platforms

In a recent filing with federal regulators, US banking associations have called for stronger customer identification standards to cover more of the stablecoin ecosystem. The Bank Policy Institute (BPI), working jointly with The Clearing House Association, submitted comments on a proposed rule from the Financial… Read More

France: Autorité des Marchés Financiers Says Watch Out for Fake News Sites

The Autorité des Marchés Financiers (AMF) in France has issued a caution to the public to look out for fake media websites. According to the regulator, a bevy of news sites have recently been impersonating French news sites by copying their design and identity. Apparently,… Read More

Las Vegas Entrepreneur Found Guilty in Multimillion Dollar Crypto Investment Fraud

A federal jury in Nevada has found Las Vegas businessman Brent C. Kovar guilty of running a multimillion-dollar cryptocurrency fraud that prosecutors described as a classic Ponzi scheme. The verdict, delivered after a nine-day trial, holds Kovar responsible for taking roughly $24 million from at… Read More

Hyperliquid Policy Center Calls on SEC and CFTC for Clearer Rules on Perpetual Contracts

The Hyperliquid Policy Center has formally urged the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a coordinated regulatory approach for perpetual contracts. In a comment letter submitted on August 24, 2026, the group responded to a joint… Read More

Blockchain Association Supports Federal Agencies’ Proposed CIP Rules for Stablecoin Issuers Under the GENIUS Act

The Blockchain Association, an industry advocacy group for digital assets, has voiced strong support for key elements of proposed federal rules implementing customer identification requirements for permitted payment stablecoin issuers under the GENIUS Act. In a comment letter submitted on August 21, 2026, the organization… Read More

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