Politics, Legal & Regulation

July 22, 2026 @ 9:22 pm By Omar Faridi  |  

MVMT Labs, the original research and development company responsible for the foundational technology of the Movement Network, has filed for reorganization under Chapter 11 of the US Bankruptcy Code. The petition was submitted to the US Bankruptcy Court for the District of Delaware in early… Read More

July 22, 2026 @ 3:32 pm By Omar Faridi  |  

The Digital Chamber (TDC) has initiated legal action against Illinois to prevent a novel tax on digital asset activities from taking effect. This move marks an early courtroom test of state-level efforts to impose transaction-based levies on blockchain-related services, highlighting ongoing debates about innovation, economic… Read More

July 22, 2026 @ 2:07 pm By JD Alois  |  

The updated language of the CLARITY Act is circulating now on social media. The bill now incorporates ethics provisions that bar certain government officials from various digital asset activities, including the issuance or promotion of digital assets. Pre-existing interests may be placed in a blind… Read More

July 22, 2026 @ 11:45 am By JD Alois  |  

The Securities and Exchange Commission (SEC), Crypto Task Force lead, Commissioner Hester Peirce, has issued a statement on “crypto vaults and lending strategies.” In brief, the Commissioner addresses the varying and changing strategies crypto holders utilize to generate yield. Expanding on a prior statement that… Read More

July 22, 2026 @ 11:10 am By JD Alois  |  

The Securities and Exchange Commission (SEC) entered a dark period during the tenure of former Chairman Gary Gensler. Ambitious and smart, Gensler sought to appease his political allies to earn a higher position in the Biden/Harris administration by pursuing radical policy goals, ignoring the SEC’s… Read More

July 22, 2026 @ 9:37 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has shared that it will work with top-tier AI firm Anthropic on its “Supercharged Sandbox,” an environment where firms can test AI products and models geared towards financial services. The FCA stated that all accepted entities will gain access… Read More

July 22, 2026 @ 9:13 am By JD Alois  |  

The UK government is in the midst of a significant change following the exit of Keir Starmer and the selection of Andy Burnham as the new Prime Minister. While industry and financial services remain optimistic about the new government, clarity on policy will emerge over… Read More

July 22, 2026 @ 3:20 am By Omar Faridi  |  

Pakistan’s Federal Investigation Agency (FIA) has launched a specialized unit focused on cryptocurrency-related offenses. This new division aims to tackle the rising misuse of digital assets in illicit activities, including money laundering, terrorism financing, and various forms of financial fraud. The Cryptocurrency Investigation Unit operates… Read More

July 22, 2026 @ 12:25 am By Omar Faridi  |  

South Korea’s Financial Supervisory Service (FSS) has formally launched the sanction process against Dunamu, the operator of Upbit, the nation’s largest cryptocurrency exchange by trading volume. The regulator recently delivered an inspection report to the company regarding last year’s significant hacking event, marking the first… Read More

July 21, 2026 @ 5:08 pm By Omar Faridi  |  

A Washington court has temporarily blocked Kalshi from offering sports-related contracts to users in the state. The decision, handed down on July 21, 2026, by King County Superior Court Judge John McHale, concludes that the platform’s sports event products likely constitute unlicensed gambling under Washington… Read More

July 21, 2026 @ 12:18 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has taken legal action against a Florida man and his associated business for their alleged involvement in a substantial cryptocurrency mining fraud that targeted hundreds of investors. According to the regulator, the scheme raised around $22 million by… Read More

July 21, 2026 @ 10:50 am By JD Alois  |  

The new Prime Minister, Andy Burnham, raises many questions for the entrepreneurial class, including the key Fintech sector. Innovate Finance, an advocacy group supporting innovation in financial services, has distributed an email sharing thoughts on the new government. Many pundits note that Burnham will swing… Read More

July 21, 2026 @ 8:38 am By Omar Faridi  |  

French gambling authorities took decisive action in order to cut off access to a major international prediction trading platform. On July 16, the president of the Autorité Nationale des Jeux (ANJ) instructed domestic internet service providers to block the site entirely, citing its promotion of… Read More

July 20, 2026 @ 10:05 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has issued new guidelines setting out its expectations for the annual audit of payment service providers (PSPs), requiring licensed firms to strengthen oversight of risk management, regulatory compliance, and controls as the city-state’s digital payments sector expands. The Guidelines… Read More

July 20, 2026 @ 3:51 pm By JD Alois  |  

The GENIUS Act, which became law a year ago this past week, was a landmark event for the burgeoning digital asset industry. Regulated “payment stablecoins” have been approved for issuance and usage in the United States, paving the way for faster, less expensive, and more… Read More

July 20, 2026 @ 1:35 pm By JD Alois  |  

According to reports, John Healey, the former Defense Secretary who resigned from the Starmer government last month, has been selected to replace Rachel Reeves as Chancellor of the Exchequer. John Burnham has taken over as Prime Minister, and he has quickly moved to oust Starmer loyalists…. Read More

July 20, 2026 @ 9:23 am By JD Alois  |  

The American Fintech Council (AFC) has sent a comment letter to the Oregon Department of Consumer and Business Services (DCBS), Division of Financial Regulation, asking for a “more tailored” regulatory treatment of buy now, pay later (BNPL) providers. Currently, Oregon intends to treat these platforms like… Read More

July 19, 2026 @ 6:16 pm By Omar Faridi  |  

Federal banking and financial regulators have allowed the statutory one-year period for completing implementing regulations under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to lapse without delivering finalized rules. July 18, 2026—one year after the law’s enactment—passed without the full set… Read More

July 19, 2026 @ 3:07 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC) will meet this week to discuss initial public offerings (IPOs) and capital formation. Part of the broader ambition of making IPOs “great again,” as well as improving access to capital, including online… Read More

July 18, 2026 @ 10:17 am By Omar Faridi  |  

The estate of the collapsed crypto exchange FTX is set to release approximately $900 million to eligible claimants in what represents its fifth major wave of repayments. This development, detailed in a recent announcement, highlights the continued progress in addressing obligations stemming from the exchange‘s… Read More