Politics, Legal & Regulation

October 4, 2025 @ 2:03 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is taking a step forward in further expanding its business capabilities and regulatory oversight beyond the current framework, as part of an effort to pave the way for tech advancements and growth in building a financial system enabled by digital assets. By seeking… Read More

October 3, 2025 @ 4:41 pm By Omar Faridi  |  

Reacting to comments from Bank of England Governor Andrew Bailey that stablecoins could cut reliance on bank lending, a CryptoUK spokesperson said that the organization now welcomes these seemingly positive views from Bailey on the role of stablecoins and crypto-assets more broadly within the United… Read More

October 3, 2025 @ 9:49 am By Omar Faridi  |  

Bank of England Governor Andrew Bailey‘s change in stance towards stablecoins has not gone unnoticed by industry professionals. Zumo‘s Founder and CEO Nick Jones said this latest move suggests the Bank of England’s long-held skepticism towards digital assets is beginning to dissipate, and it’s a… Read More

October 2, 2025 @ 11:11 pm By Omar Faridi  |  

Private payrolls fell by 32,000 in September 2025, as momentum across the labor market slowed considerably. ADP noted on Wednesday (October 1, 2025) that the recent downward revisions by the US federal government to benchmark data had been responsible for much of the significant drop…. Read More

October 2, 2025 @ 2:01 pm By JD Alois  |  

Last month, the Securities and Exchange Commission (SEC), Office of the Inspector General (OIG), issued a memo stating there were “avoidable errors” that led to the loss of former SEC Chairman Gary Gensler’s texts. On January 17, 2024, the SEC Office of Information Technology (OIT) reported… Read More

October 1, 2025 @ 2:49 pm By JD Alois  |  

Yesterday, the Securities and Exchange Commission’s Division of Investment Management issued a no-action letter regarding the provision of custody for cryptocurrencies. A no-action letter is not a hard ruling but provides guidance for firms engaged in the business addressed in the statement. The letter was… Read More

October 1, 2025 @ 11:19 am By JD Alois  |  

Tokenized securities, also known as digital securities, will soon become increasingly ubiquitous. However, before the widespread adoption of these digital assets occurs, regulators and operators need to address several issues, as digital securities can incorporate more features and functionality than their analog counterparts. And certain… Read More

October 1, 2025 @ 11:05 am By JD Alois  |  

Brian Quintenz, a former CFTC Commissioner, has had his nomination pulled from consideration for the Chairman role at the Commission. The White  House acknowledged the decision last night, according to multiple reports. Nominated in February, Quintenz was a staunch supporter of the emerging digital asset… Read More

October 1, 2025 @ 10:51 am By JD Alois  |  

Stacey Bowers will be exiting her role at the SEC as the Director of the Office of the Advocate for Small Business Capital Formation, as of October 17th. Bowers stepped into the position in January 2024 during the Biden Administration. The Office of the Advocate… Read More

October 1, 2025 @ 1:23 am By JD Alois  |  

LSEG Risk Intelligence has announced World-Check On Demand, a platform that is said to provide actionable intelligence to mitigate risk and adhere to compliance demands. The service is said to be real-time, allowing clients to better manage risk. The company states that 98% of financial… Read More

September 30, 2025 @ 1:25 pm By JD Alois  |  

Stablecoins can be viewed as a new form of payments. Transfers can be instantaneous, secure, and at a very low cost. As firms that offer stablecoins must hold reserves in safe assets, such as US Treasuries, these funds are generating interest. Yet, stablecoin issuers are… Read More

September 30, 2025 @ 12:42 pm By JD Alois  |  

The founder of Fintech Frank, Charlie Javice, a platform that sought to streamline the process for students to tap into available funds for college, has been sentenced to seven years in prison for fraud. According to reports, Javice is also reportedly required to return $22.4… Read More

September 30, 2025 @ 9:30 am By JD Alois  |  

Earlier this month, the SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk announced a project to coordinate efforts on spot crypto trading. The goal is to provide “regulatory clarity that best keeps blockchain-based innovation… Read More

September 29, 2025 @ 2:20 pm By JD Alois  |  

Once again, the Securities and Exchange Commission’s Small Business Forum has shared its views on how regulations and rules should be modified to enhance the prospects for smaller firms. This event has been ongoing for 44 years, with a report published following each annual gathering. This… Read More

September 29, 2025 @ 11:50 am By JD Alois  |  

The European Union is charging forward to offer a digital Euro. A Central Bank Digital Currency (CBDC) is in the queue to be in use by 2026. Currently, both institutional use and consumer access are anticipated. This contrasts with the US, where a CBDC or… Read More

September 29, 2025 @ 8:49 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the approval of using the “Visitor ID” for opening bank accounts at banks in the Kingdom of Saudi Arabia, in “accordance with banks’ account opening rules.” The “Visitor ID,” issued by the Ministry of Interior, “serves as an official… Read More

September 29, 2025 @ 8:28 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has recently communicated the publication of the Trusts and Trustees Act (Register of Beneficial Owners) (Amendment) Regulations, 2025. This forms part of Malta’s implementation of “the European Union’s (EU) Anti-Money Laundering Directive 6 (AMLD6) and the wider EU AML/CFT… Read More

September 28, 2025 @ 3:11 pm By Omar Faridi  |  

FINTRAC announced that it imposed an administrative monetary penalty on Peken Global Limited, also operating as KuCoin. This Seychelles-incorporated foreign money services business operating in Canada was imposed “a penalty of $19,552,000 on July 28, 2025, for non-compliance with Part 1 of the Proceeds of… Read More

September 28, 2025 @ 12:24 pm By Omar Faridi  |  

Crypto.com announced on September 26, 2025 that it has obtained key approvals from the U.S. Commodity Futures Trading Commission (CFTC) for margined derivatives. This development positions the Singapore-based exchange as a frontrunner in delivering compliant, leveraged trading products to American users, amid a broader push… Read More

September 27, 2025 @ 9:24 am By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said it will stop accepting new applications for digital bank licenses from Dec. 1, as the regulator moves to tighten oversight of the fast-growing sector and safeguard financial stability. The suspension follows the… Read More