Politics, Legal & Regulation

July 18, 2026 @ 4:21 am By Omar Faridi  |  

Criminal organizations continue to leverage virtual assets (VAs) for cross-border movement of illicit proceeds, capitalizing on inconsistencies in global oversight and incomplete adoption of international guidelines. In response, the Financial Action Task Force (FATF) has issued its latest assessment, underscoring both advancements and critical shortcomings… Read More

July 17, 2026 @ 12:55 pm By JD Alois  |  

Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a “field hearing” (in New York City) on the CLARITY Act – pending legislation that was approved in the House last year but remains in legislative purgatory in the Senate…. Read More

July 17, 2026 @ 12:39 pm By JD Alois  |  

This week, the UK government published its strategy for wholesale financial markets and its digital asset strategy. HM Treasury outlined a path to remove barriers and acknowledged the need to update regulations. The goal is to seek greater efficiency, lower costs, improved liquidity/resilience, better support… Read More

July 16, 2026 @ 12:02 pm By JD Alois  |  

Yesterday, the US Senate passed a Resolution (S.Res. 772) stating that FTX founder and former CEO Sam Bankman-Fried should never receive a Presidential Pardon. Bankman-Fried is currently in prison serving a 25-year sentence for fraud following the collapse of his businesses. It has been rumored… Read More

July 16, 2026 @ 11:54 am By JD Alois  |  

President Donald Trump is scheduled to meet with legislators today to discuss the CLARITY Act, the stalled crypto market infrastructure legislation. The legislation was approved by the Senate Banking Committee, but a floor vote on the bill has yet to arrive. While the CLARITY Act… Read More

July 16, 2026 @ 10:04 am By JD Alois  |  

Yesterday, the Transatlantic Taskforce for Markets of the Future issued a statement on an ongoing initiative for the United Kingdom and the United States to coordinate the developing digital asset regulatory environment. By working together, two leading financial jurisdictions can guide the rest of the… Read More

July 15, 2026 @ 9:22 am By Omar Faridi  |  

TeraWulf Inc. (NASDAQ: WULF), a company transitioning from Bitcoin mining toward artificial intelligence and high-performance computing infrastructure, saw its stock drop sharply on Tuesday after New York Governor Kathy Hochul announced a temporary statewide moratorium on new hyperscale data centers. Shares declined approximately 7% to… Read More

July 15, 2026 @ 8:20 am By Omar Faridi  |  

As part of a significant escalation of financial pressure on Tehran, the United States has taken action to immobilize substantial digital currency holdings allegedly linked to Iran’s government. This move underscores Washington’s ongoing strategy to curb the flow of funds that could support activities deemed… Read More

July 15, 2026 @ 6:21 am By Omar Faridi  |  

The United Kingdom has implemented significant new oversight for Buy Now Pay Later (BNPL) services, marking a major shift in how these popular payment options are managed. As of July 15, 2026, providers of deferred payment credit—commonly referred to as BNPL—must adhere to stricter standards… Read More

July 15, 2026 @ 1:28 am By Omar Faridi  |  

South Korea is taking significant steps to modernize its approach to public asset oversight by incorporating emerging digital assets. The Ministry of Economy and Finance is preparing draft legislation to create a unified basic law for managing state-owned properties, explicitly extending its coverage to innovative… Read More

July 14, 2026 @ 9:45 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) negated a Michigan court order that canceled trades on Kalshi. According to a statement by the CFTC, it exercised its authority to order Kalshi to fulfill open trades. CFTC Chairman Michael Selig said a state cannot force a Designated… Read More

July 14, 2026 @ 3:34 pm By JD Alois  |  

The Transatlantic Taskforce for Markets of the Future (TTMF) has published recommendations as to how the US and the UK can collaborate on digital asset regulation. The initiative was part of President Donald Trump’s visit to the UK in September 2025. Today, the Taskforce is… Read More

July 14, 2026 @ 10:01 am By JD Alois  |  

A new report appears to indicate that crypto firms are not quite ready for the looming regulation they must comply with to provide services to  UK customers. According to Zumo and their UK Regulatory Preparedness Assessment survey, only one in ten platforms believes they are… Read More

July 14, 2026 @ 9:24 am By JD Alois  |  

Two key federal elements of the US economy will appear before the US Senate Banking Committee and the House Financial Services Committee this week. First up is newly minted Federal Reserve Chairman Kevin Warsh, who will visit the House Committee today and the Senate Committee tomorrow. Warsh, selected by President… Read More

July 14, 2026 @ 9:11 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has released a comprehensive Dear CEO Letter to licensed reinsurance and insurance companies, reinforcing its commitment to rigorous financial monitoring and higher standards across the industry. Dated July 9, 2026, the communication clarifies the regulator’s methods for evaluating ongoing… Read More

July 14, 2026 @ 8:22 am By Omar Faridi  |  

Blockchain analytics firm Chainalysis announced that its Reactor platform has become the first and only tool of its kind to satisfy the strict Daubert standard for expert testimony in a US federal court. The ruling came in the high-profile prosecution of Roman Sterlingov, who was… Read More

July 14, 2026 @ 6:54 am By Omar Faridi  |  

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has released its 2025 Annual Report, underscoring the authority’s success in balancing dynamic growth with rigorous regulatory standards. As the international financial hub of the UAE capital, ADGM continues to attract global… Read More

July 14, 2026 @ 1:40 am By Omar Faridi  |  

Nu Mexico, part of Nubank (NYSE: NU), has secured formal approval to operate as a full-fledged bank. The National Banking and Securities Commission (CNBV) granted the authorization on July 10, 2026, marking the completion of a complex transition and positioning the company as Mexico’s biggest… Read More

July 13, 2026 @ 5:57 pm By JD Alois  |  

President Donald Trump took to Truth Social today to demand the US Senate approve the CLARITY Act in honor of Senator Lindsey Graham. Senator Graham died suddenly of a heart attack this past weekend. Once fierce opponents, the two became close friends and allies, frequently… Read More

July 13, 2026 @ 2:08 pm By JD Alois  |  

Last month, a delegate from the Republic of Korea met with representatives of the Securities and Exchange Commission Crypto Task Force to better understand US policy initiatives in developing crypto asset regulations and how Korea could potentially align with the US as it advances new… Read More