Politics, Legal & Regulation

July 30, 2025 @ 11:03 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) announced the implementation of a regulatory framework for stablecoin issuers, set to take effect on August 1, 2025. This move underscores Hong Kong’s commitment to fostering Fintech advancements in the digital asset space while ensuring financial stability and consumer… Read More

July 30, 2025 @ 4:47 pm By JD Alois  |  

The White House has issued a fact sheet regarding the President’s Working Group on Digital Asset Markets. This working group was established under President Trump’s Executive Order 14178 in January. The EO was part of a broader government inititive to support digital asset innovation, something… Read More

July 30, 2025 @ 4:08 pm By JD Alois  |  

The House Financial Services Committee, along with the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, have joined to introduce legislation that aims to support the usage of Artificial Intelligence (AI) in financial services. According to a public statement, the bill, the Unleashing AI… Read More

July 30, 2025 @ 2:39 pm By JD Alois  |  

The US Federal Reserve, Open Market Committee, has decided to hold rates steady in a move that is likely to frustrate President Donald Trump, who has been rather vocal in advocating for lower interest rates. Markets have anticipated this decision with current expectations indicating rate… Read More

July 29, 2025 @ 6:15 pm By JD Alois  |  

Wise (LON:WISE), formerly known as Transferwise, will seek a listing on a US exchange following a shareholder vote. Wise is one of the most successful Fintechs in the UK. In 2024, Wise reported that it enabled £118.5 billion in cross-border transactions, while saving customers over… Read More

July 29, 2025 @ 4:57 pm By JD Alois  |  

Senator Cynthia Lummis, a longtime advocate for digital assets, has introduced the 21st Century Mortgage Act, which requires government-sponsored enterprises to consider digital assets when assessing single-family mortgage eligibility. In effect, if you hold crypto, this asset may be considered as part of your mortgage… Read More

July 29, 2025 @ 10:23 am By Omar Faridi  |  

In the evolving ecosystem of digital identity verification, Regtech Prove continues to focus on developing solutions that address critical challenges in fraud prevention, system integration, and regulatory compliance. Recent insights from Prove highlight the company’s commitment to tackling emerging risks and streamlining onboarding processes. Together,… Read More

July 29, 2025 @ 8:55 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) is alleging that Concept Capital Group (CCG) and its principals participated in an unauthorized investment plan that raised over £23 million. Court proceedings have just begun, but the agency has issued a statement highlighting that the enforcement action will… Read More

July 29, 2025 @ 3:02 am By Omar Faridi  |  

The European Central Bank (ECB) continues to shape the euro area’s economic landscape through its monetary policy decisions, research initiatives, and economic surveys. Recent publications from July 2025 provide insights into the ECB’s strategies for maintaining price stability, addressing wage dynamics, and understanding economic impacts… Read More

July 28, 2025 @ 9:04 pm By Omar Faridi  |  

The Trump Administration, which began its term in January 2025, has ushered in a transformative period for cryptocurrency policy in the United States, aiming to position the nation as the global “crypto capital.” This shift marks a departure from the enforcement-heavy approach of the Biden… Read More

July 28, 2025 @ 4:40 pm By Omar Faridi  |  

In the ecosystem of blockchain and cryptocurrency, a new entity has emerged and is making a significant impact: A7A5, a Russian ruble-pegged stablecoin that has gained traction, now reportedly facilitating over $1 billion in daily transactions. Launched earlier this year in Kyrgyzstan, A7A5 has reportedly… Read More

July 28, 2025 @ 11:41 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has announced a new interim Chair of the Financial Ombudsman. Liam Coleman will be taking over from Zahida Manzoor CBE, who is exiting after two years in the position. Manzoor’s departure was anticipated as it was revealed this past… Read More

July 28, 2025 @ 11:29 am By JD Alois  |  

The greenback remains king, but the use of physical cash continues to decline as digital payments, typically made via credit/debit cards, continue to grow. As newer forms of payments like stablecoins emerge, two US Senators want to ensure cash will be accepted for purchases at… Read More

July 27, 2025 @ 2:30 pm By Omar Faridi  |  

As of Q2 2025, Tether Gold (XAU₮) has solidified its position as the leading gold-backed digital token, with over 7.66 tons of physical gold backing its 246,524.330 tokens in circulation, according to a recent announcement from Tether. Each XAU₮ token is pegged 1:1 to one… Read More

July 26, 2025 @ 11:58 am By Michael Wong  |  

China has placed Alipay, Tenpay, and NetsUnion Clearing Corporation under the direct anti-money laundering supervision of the People’s Bank of China (PBOC), according to a report by Yicai. The move expands the central bank’s regulatory scope to include major non-bank payment platforms as part of… Read More

July 25, 2025 @ 3:03 pm By JD Alois  |  

So far this year, the US House of Representatives has approved two bills that aim to update the definition of an Accredited Investor. An Accredited Investor is broadly defined as someone who earns over $200,000 per year ($300,000 if married) or has a net worth… Read More

July 25, 2025 @ 12:50 pm By Tony Zerucha  |  

President Donald Trump may be turning up the heat on the Federal Reserve, but he won’t dare pull the trigger on Chair Jerome Powell’s job because the market reaction would be immediate, brutal, and global, deVere Group CEO Nigel Green suggests. This week’s planned visit… Read More

July 23, 2025 @ 2:07 pm By JD Alois  |  

Today, the White House unveiled its AI Action Plan, the Administration’s policy to guide the development of artificial intelligence. The Winning the Race: America’s AI Action Plan, encompasses a 28-page document that aims to pursue a policy of workers gaining from this technology, creating high-paying jobs,… Read More

July 23, 2025 @ 12:30 pm By JD Alois  |  

A group of Republican Senators has submitted a discussion draft for digital asset market structure legislation. This follows the signing into law of the GENIUS Act, stablecoin legislation, and the approval in the House of Representatives of the CLARITY Act, a similar market structure legislation…. Read More

July 23, 2025 @ 11:56 am By Tony Zerucha  |  

Parfin CEO Marcus Viriato recently shared his thoughts on several key issues facing stablecoins in the weeks ahead. Is the U.S. House of Representatives’ ‘Crypto Week’ a signal to both the traditional finance and Fintech industries that we’re almost over the final hurdle to mass… Read More