Politics, Legal & Regulation

October 22, 2026 @ 11:02 pm By Omar Faridi  |  

The United Kingdom’s Financial Conduct Authority (FCA) opened two parallel consultations seeking industry input on decentralised finance (DeFi) and the boundaries of its forthcoming cryptoasset regime. The moves form part of the regulator’s ongoing preparation for the full crypto framework, which is scheduled to take… Read More

October 22, 2026 @ 9:11 pm By Omar Faridi  |  

The Cardano Foundation published details of its formal response to the European Commission’s public consultation on reviewing the Markets in Crypto-Assets Regulation (MiCA, also referred to as MiCAR). In a 19-page submission dated 30 September 2026, the Swiss-based non-profit organization urged EU policymakers against creating… Read More

October 22, 2026 @ 4:05 pm By FCA  |  

This post was originally published on fca.org.uk  Market integrity I say ‘we’ because the FCA plays an important role. Financial services businesses and investors need confidence in markets…including their ability to withstand and recover from shocks. That’s why ensuring the integrity of the financial services… Read More

October 22, 2026 @ 3:25 pm By Omar Faridi  |  

A Colombian cryptocurrency broker known by the alias “Rey” received a 160-month federal prison sentence this week for his central role in laundering roughly $14.5 million in drug-trafficking proceeds through Tether’s USDT stablecoin and for conspiring to import cocaine into the United States. Leonardo de… Read More

October 22, 2026 @ 2:55 pm By Omar Faridi  |  

Chinese prosecutors have applied to seize roughly 61,896 Bitcoin and associated digital assets currently held by British authorities, linking them to a large-scale fundraising fraud. The Tianjin No. 2 Intermediate People’s Court accepted the application in late September and issued a public notice in mid-October,… Read More

October 22, 2026 @ 11:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions for October 2026. The OCC uses enforcement actions against banks to require the board of directors and management to take timely actions to correct the… Read More

October 22, 2026 @ 10:44 am By JD Alois  |  

The North American Securities Administrators Association (NASAA) joined a small group of opponents of the Securities and Exchange Commission’s proposed Regulation Crypto Assets. NASAA represents state securities regulators and other North American jurisdictions. Typically, the group lobbies to boost state oversight in the securities sector. In… Read More

October 22, 2026 @ 8:25 am By Omar Faridi  |  

As part of a rather significant and very recent coordinated effort against organized online crime, authorities in the United Arab Emirates have spearheaded a three-month international operation that identified more than $39 billion in funds and digital assets connected to fraudulent schemes. The initiative, known… Read More

October 22, 2026 @ 5:56 am By FCA  |  

This post was originally published on fca.org.uk  The new office will provide 36,097 sq ft of space for our growing Leeds presence. Our Leeds office, currently at 6 Queen Street, has continued to grow since opening in 2022. Securing a new permanent base reflects our… Read More

October 21, 2026 @ 12:27 pm By JD Alois  |  

Yesterday, the deadline for comments on the Securities and Exchange Commission’s proposed Regulation Crypto Assets rules ended. While the SEC is typically rather lenient on deadlines, most perspectives have likely been submitted before it promulgates a final rule. On the final day, interested parties submitted… Read More

October 21, 2026 @ 11:11 am By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has posted its final rules for stablecoin regulation under the GENIUS Act, which became law in 2025. The OCC falls under the domain of the US Department of the Treasury, which has been working closely on… Read More

October 21, 2026 @ 10:31 am By Omar Faridi  |  

Evidence continues to mount on both sides of the Atlantic that banks are limiting services available to cryptocurrency users. A newly released report from Stand With Crypto UK, titled Blocked: Britain’s Crypto Access Problem, details the scale of difficulties faced by customers in the United… Read More

October 21, 2026 @ 10:18 am By Omar Faridi  |  

Utah Attorney General Derek Brown filed a civil lawsuit on October 20, 2026, against prediction-market operator Kalshi and affiliated entities, seeking to halt their activities in the state and recover estimated tens of millions in profits tied to Utah users. The action, lodged as a… Read More

October 21, 2026 @ 8:15 am By Omar Faridi  |  

As the US Securities and Exchange Commission’s (SEC) public comment window closed on October 20, 2026, for its proposed Regulation Crypto Assets, two industry voices submitted detailed feedback seeking refinements that would reduce uncertainty for token classification, distributions, and trading. Bitwise Asset Management and the… Read More

October 21, 2026 @ 7:43 am By Omar Faridi  |  

Missouri Attorney General Catherine Hanaway’s September cease-and-desist campaign against prediction-market platforms offering sports-related event contracts has produced its first federal lawsuits. On October 16, 2026, two of the six recipients—Crypto.com’s affiliated exchange and sports-focused operator Novig—filed actions seeking to block the state from applying its… Read More

October 21, 2026 @ 7:24 am By FCA  |  

This post was originally published on fca.org.uk  Working differently to support a changing world Change is happening at a breakneck speed. More technology. More cross-border activity. More innovation. All moving faster than traditional regulation can keep up with.   Which is why we’re not just… Read More

October 21, 2026 @ 7:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a final rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. “The GENIUS Act marks a watershed moment in American finance, further… Read More

October 21, 2026 @ 6:22 am By FCA  |  

This post was originally published on fca.org.uk  Mr Dawkins has also been fined nearly £270,000.  In 2019, Mr Dawkins sold Vector Wealth to a disqualified director who described himself as CEO and wanted to use Vector Wealth’s FCA-authorised status to sell mini-bonds.  Mr Dawkins told… Read More

October 21, 2026 @ 5:46 am By Omar Faridi  |  

California Attorney General Rob Bonta announced on October 16, 2026, that his office had reached a $500,000 settlement with Fidelity Digital Assets, National Association (the successor entity to Fidelity Digital Asset Services). The agreement addresses allegations that the firm’s earlier limits on moving cryptocurrency off… Read More

October 20, 2026 @ 10:31 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) urged a federal court to dismiss CME Group’s lawsuit challenging the agency’s authorization of perpetual futures contracts on digital assets. The filing, submitted in the US District Court for the District of Columbia, contends that the exchange operator has… Read More