Politics, Legal & Regulation

Policy and regulations impacting innovations in Finance.

US Federal Reserve Cuts Rates by 25 bps, May Not Cut in December

The US Federal Reserve has announced another 25 basis point (bps) rate cut, adjusting the target fed funds rate from 4% to 3.75%, as markets had expected. The Fed noted that while inflation has inched up since earlier this year, and remains elevated, other metrics… Read More

Judge Prevents Crypto Exchange WazirX from Using Customer’s XRP Assets to Minimize Impact of $230M Hack

Somewhat unsurprisingly, a court in India recently ruled in favor of an XRP investor against crypto exchange  WazirX and provider the trader with interim protection by preventing the digital assets platform from reallocating the customer’s XRP holdings. In an order issued this past Saturday (on… Read More

BitGo CEO Slams Senator Elizabeth Warren’s Rant Against CZ Pardon

In recent days, Senator Elizabeth Warren took to X to criticize President Trump’s decision to pardon Changpeng “CZ” Zhou, Binance founder and former CEO. Senator Warren is a longtime critic of digital assets and financial services firms in general. She sits on the key Senate… Read More

Bitcoin Surges to $114,000+ After US-China Trade Talks Make Progress, Ethereum, Altcoins, Stocks Also Rally

Despite Standard Chartered analysts incorrectly forecasting this past week a BTC price drop below $100,000 being “inevitable” over the weekend, Bitcoin surged to over $113,800 on October 24, 2025 following the announcement that the US and China have formally committed to a framework agreement made… Read More

Tyler Winklevoss Says Binance Founder CZ Deserved to Get Pardoned, Claims His Prosecution was Politically Motivated

Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini (NASDAQ:GEMI), has said that Changpeng Zhao (CZ), the founder of Binance, deserved to get pardoned. Winklesvoss believes that his prosecution was “politically motivated” and his punishment was “disproportionate.” IMO, @cz_binance deserved to get pardoned. His prosecution was… Read More

Crypto.com Submits National Trust Bank Charter Application

Crypto.com announced that it has filed a National Trust Bank Charter application with the Office of the Comptroller of the Currency (OCC). This application is the most recent step by Crypto.com in extending its commitment as the industry participant focused on ensuring regulatory compliance and… Read More

Fed’s New Approach to “Payment-Only Banks” May Finally Lead to Crypto’s Mainstream Breakthrough

As widely reported, the Federal Reserve Governor Christopher Waller proposed “skinny” master accounts for payments-focused institutions, including crypto banks, during a Washington conference on October 21, 2025. This stripped-down access to the Fed’s payment rails—excluding perks like interest on balances or overdrafts—marks a decisive shift… Read More

Thai Watchdogs Raid Worldcoin Exchange in Crackdown on Unlicensed Crypto Services

Thai authorities raided a Worldcoin-linked iris-scanning site and arrested suspects on allegations they operated unlicensed exchange services for the project’s WLD token, the Securities and Exchange Commission (SEC) said after a joint operation with the Cyber Crime Investigation Bureau (CCIB). The move is part of… Read More

KPMG UK Comments on Latest Inflation Data and Anticipated Interest Rate Cuts

KPMG UK has recently shared some insights on the latest inflation data According to Yael Selfin, the Chief Economist at KPMG UK, the unchanged inflation rate ensures interest rate cut remains on the table for the current year. Selfin added that the recent data is… Read More

Watch: SEC Commissioner Hester Peirce Discusses Mirror Tokens

SEC Commissioner Hester Peirce attended the CfPA Regulated Investment Crowdfunding Summit this week, sharing insight into the regulatory environment at the Commission. One of the topics the Commissioner discussed was the advent of “Mirror Tokens.” Mirror Tokens are assets that are designed to reflect the… Read More

The UK Financial Conduct Authority Worries About T+1 Settlement Scheduled for October 2027

The UK Financial Conduct Authority is concerned that financial services firms are not prepared for the transition to T+1, scheduled for October 2027. In a recent post, the FCA states that it is seeing “challenges” and “complacency” among firms that the change will impact. “Remember,… Read More

UK Regulators, FCA and PRA, Open Up “Scale Up Unit” to Help Firms, Fintechs Grow

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have joined to open up a “Scale Up Unit” with a mission to support regulated firms grow. The Chancellor of the Exchequer, Rachel Reeves, shared the news during a Forum in Leeds. The Forum focused… Read More

Changpeng Zhao (CZ) Receives Pardon from President Trump

Zhao Changpeng

President Trump exercised his authority to grant clemency today, issuing a pardon to Binance founder and former CEO Changpeng “CZ” Zhao. The possibility of a pardon was rumored earlier this month. Via X, Binance issued the following statement: “Incredible news of CZ’s pardon today! Thank… Read More

Canada Fines Cryptomus Operator $176.9m for Money-Laundering Violations

Canada’s anti-money laundering regulator has imposed a record administrative monetary penalty of C$176.96 million ($130 million) on Xeltox Enterprises Ltd., the operator of cryptocurrency platform Cryptomus, for “egregious and systemic” violations of the country’s financial crime laws. The Financial Transactions and Reports Analysis Centre of… Read More

Beijing’s Regulatory Grip Remains Firm: Chinese Tech Companies Forced to Shelve Stablecoin Plans in Hong Kong

In yet another powerful reminder of China’s unyielding control over financial tech innovation, two of its technology firms—Alibaba (NYSE:BABA)-affiliated Ant Group and online retail behemoth JD.com—have abruptly suspended their plans to launch stablecoins in Hong Kong. This development, revealed over the weekend, underscores Beijing’s deepening… Read More

Federal Reserve Governor Waller Signals Fed’s Pivot Toward Encouraging Crypto Adoption, Suggests “Skinny” Master Account for Payments

Federal Reserve Governor Christopher Waller stated that the reserve bank plan is beginning a new phase and crypto will no longer have to be on the fringes while introducing another prototype in order to enhance reserve bank services. Waller added that they intended to send… Read More

Blockchain Trade Association Digital Chamber Says DeFi Deserves a Constructive Regulatory Proposal

The United States stands at a pivotal moment, poised for a potential resurgence in digital tech advancements and related breakthroughs, according to blockchain focused trade association Digital Chamber, as the Senate debates new DeFi proposals. The organization advocates for a regulatory framework that balances financial… Read More

Bank of England Governor Andrew Bailey Criticized for Being Unnecessarily “Inflammatory” About Stablecoins

Zach Burks, CEO of Mintable, which aims to make the most of Ethereum’s blockchain tech to allow users to create, manage, and sell digital files with the benefits of provable ownership, has commented on why Bank of England Governor Andrew Bailey is being unnecessarily “inflammatory”… Read More

Sony Bank‘s Connectia Trust to Focus on Crypto Sector, Submits Request to OCC for National Trust Bank Charter

Sony Bank‘s wholly owned subsidiary, Connectia Trust, has submitted a formal request to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This application, submitted earlier this month, signals Sony Group’s commitment to blockchain tech advancements and breakthroughs, aiming… Read More

Financial Stability Board (FSB) Releases Latest Review of Crypto Regulation

A thematic review on an international regulatory framework for crypto-asset activities has been released by the Financial Stability Board (FSB). The evolution and growth of crypto-asset markets highlights the importance of implementing the FSB’s recommendations for crypto-assets as well as global stablecoins. The report from… Read More

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