Politics, Legal & Regulation

April 20, 2026 @ 8:36 am By JD Alois  |  

The American Fintech Council (AFC), an association that represents many large online lenders and other Fintechs, says the Consumer Financial Protection Bureau (CFPB) strategic plan needs additional clarification. The CFPB is a relatively new regulatory that was one of the aspects of the Dodd Frank… Read More

April 20, 2026 @ 1:52 am By Omar Faridi  |  

The Bank for International Settlements’ (BIS) Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have published a detailed review concluding that the United Kingdom maintains a robust and largely compliant framework for overseeing two critical categories of financial… Read More

April 20, 2026 @ 12:29 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has taken significant steps so far in April 2026 to bolster consumer protection and regulatory standards across the island’s financial landscape. On 8 April, the regulator unveiled a public-private partnership designed to combat financial fraud more effectively, while just… Read More

April 18, 2026 @ 6:54 pm By Omar Faridi  |  

During a recent keynote address delivered in Washington DC, Piero Cipollone, member of the European Central Bank’s (ECB) Executive Board, argued that tokenization and distributed ledger technology (DLT) represent a rare opportunity to break a century-old pattern in finance. Despite waves of technological progress—from electronic… Read More

April 17, 2026 @ 12:32 pm By Omar Faridi  |  

On April 16, 2026, Grinex—a cryptocurrency exchange registered in Kyrgyzstan but deeply connected to Russian financial networks—suspended all operations after suffering a large-scale cyber intrusion. The platform stated that hackers had drained user assets worth approximately $15 million, equivalent to more than one billion Russian… Read More

April 17, 2026 @ 5:21 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has joined forces with research and technology partners at the Turing Institute and Plenitude Consulting to create a synthetic dataset designed to enhance the fight against money laundering. This initiative tackles a long-standing obstacle in financial crime prevention: the… Read More

April 16, 2026 @ 12:42 pm By JD Alois  |  

This post on X distributed yesterday generated a good number of views. It includes a 2014 letter to the US Internal Revenue Service (IRS) that highlights the poor state of the US tax code. Donald Rumsfeld, an old pol who passed away in 2021, who… Read More

April 15, 2026 @ 3:37 pm By Omar Faridi  |  

Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine, marking a sharp escalation in the state’s crackdown on unlicensed sports-related trading. The Ohio Casino Control Commission (OCCC) issued the notice Tuesday afternoon to KalshiEX… Read More

April 15, 2026 @ 11:12 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted a consultation on crypto. The securities regulator noted taht beginning October 2027, crypto will be regulated by the agency. This fact means that the FCA must provide new guidance for participants in the crypto sector and thus… Read More

April 15, 2026 @ 11:02 am By JD Alois  |  

The European Central Bank (ECB) recently produced a report on tokenization that said: “the journey towards tokenized markets will require time, continuous evolution, and strategic adaptation.” The bank added that legacy and hybrid systems will likely coexist for some time in parallel environments. “Reaping the… Read More

April 15, 2026 @ 9:28 am By JD Alois  |  

In a busy day for the Securities and Exchange Commission (SEC), a significant change impacting smaller investors has been announced, thus driving shares of retail brokerage firms higher. Under the new rule, which saw its comment period end in February, the old Pattern Day Trader… Read More

April 15, 2026 @ 8:59 am By Omar Faridi  |  

Blockchain intelligence firm Elliptic has share a detailed update on a major regulatory step forward by the US Treasury Department. On April 8, 2026, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) released a notice of proposed rulemaking (NPRM)… Read More

April 14, 2026 @ 10:02 pm By JD Alois  |  

The Fellowship PAC, a pro-crypto advocacy group, has endorsed and financially supported several members of Congress. According to posts on X, the PAC has contributed to the following politicians: Blake Miguez: Currently, a Louisiana state senator who is running for an open House seat. Mike… Read More

April 14, 2026 @ 9:10 pm By Omar Faridi  |  

Iran has introduced mandatory cryptocurrency payments for commercial vessels navigating the Strait of Hormuz. Blockchain analytics firm Chainalysis and blockchain intelligence company TRM Labs have both independently documented the latest scheme, which now represents the first known instance of a nation-state levying transit fees in… Read More

April 14, 2026 @ 6:25 pm By JD Alois  |  

The CLARITY Act, crypto market infrastructure legislation, is expected to move forward in the US Senate this month with a floor vote arriving in May. According to multiple reports, a deal is in the works on stablecoin yield, the biggest hurdle to the legislation’s approval…. Read More

April 14, 2026 @ 6:05 pm By Omar Faridi  |  

The US Department of Justice has launched a formal process to return money to victims of the sprawling OneCoin cryptocurrency fraud, drawing on more than $40 million in assets seized through criminal forfeiture.The announcement, released on April 13, 2026, marks a significant step in addressing… Read More

April 14, 2026 @ 5:58 pm By Omar Faridi  |  

In a development signaling a decisive shift toward innovation-friendly oversight, the US Commodity Futures Trading Commission (CFTC) on March 24, 2026, officially launched its Innovation Task Force. Under the leadership of Chairman Michael S. Selig, the task force aims to craft explicit regulatory frameworks for… Read More

April 14, 2026 @ 8:56 am By Omar Faridi  |  

The US government has introduced a cybersecurity information sharing initiative for the crypto and blockchain industry. The digital currency ecosystem has often been a major target for cybercriminals. Recently, the developers of Drift Protocol were focused on suspending all platform deposits as well as withdrawals… Read More

April 14, 2026 @ 8:22 am By Omar Faridi  |  

Ondo Finance has recently taken a major step toward regulatory clarity in the tokenized asset space, submitting a formal no-action letter request to the US Securities and Exchange Commission (SEC). The move seeks staff confirmation that the agency would not recommend enforcement action against the… Read More

April 14, 2026 @ 8:03 am By Omar Faridi  |  

US Senator Thom Tillis of North Carolina, a Republican lawmaker, has recently signaled plans to release a proposed framework in the coming weeks. The goal is to settle a long-running conflict over stablecoin returns that continues to divide conventional banks from digital asset specialists. The… Read More