Politics, Legal & Regulation

June 15, 2026 @ 2:10 am By Omar Faridi  |  

Criminals stole nearly £1.28 billion through payment fraud in 2025, according to the latest annual figures from UK Finance, marking a 4% rise from the previous year. The data underscores how fraud has evolved into a large-scale operation that endangers individuals, companies, and the broader… Read More

June 15, 2026 @ 2:07 am By Michael Wong  |  

Hong Kong will continue expanding its digital asset regulatory framework and support the use of artificial intelligence (AI) in financial services as it seeks to strengthen its position as an international financial centre, the chairman of the Securities and Futures Commission said. Speaking at the… Read More

June 14, 2026 @ 10:59 pm By Omar Faridi  |  

Ten years on from the Brexit vote, UK Finance has released a detailed report in partnership with law firm Freshfields, proposing a fresh strategic approach to ties between Britain and the European Union in the financial sector. Titled Unlocking Growth Through a Stronger UK-EU Financial… Read More

June 14, 2026 @ 5:58 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) will implement a revised framework for single family offices on June 15, introducing a streamlined exemption process while strengthening regulatory oversight of the sector. Under the revised framework, qualifying single family offices operating in Singapore will be eligible for… Read More

June 14, 2026 @ 3:12 pm By Omar Faridi  |  

A significant surge in tokens linked to so-called open and privacy-oriented AI initiatives has highlighted shifting dynamics in the artificial intelligence sector. This followed US authorities directing Anthropic to effectively restrict access to its most advanced systems, prompting widespread discussion about the advantages of unregulated,… Read More

June 14, 2026 @ 12:56 pm By Michael Wong  |  

The Philippine Securities and Exchange Commission (SEC) has warned the public against several online lending platforms accused of illegally using the names and regulatory credentials of legitimate financing and lending companies to solicit borrowers. In recent advisories, the SEC flagged Perasayo.com for allegedly using the… Read More

June 14, 2026 @ 12:48 am By Michael Wong  |  

Malaysia’s central bank is urging financial institutions to incorporate nature-related risks and opportunities into their lending and investment decisions, warning that biodiversity loss and ecosystem degradation could increasingly threaten financial stability while creating new opportunities for sustainable finance. Speaking at the launch of a Bank… Read More

June 13, 2026 @ 3:16 pm By Omar Faridi  |  

A recent collaborative probe has shed new light on Russia’s sophisticated sanctions-evasion strategies, highlighting the role of digital assets in a financial setup known as the A7 network. Blockchain intelligence firm TRM Labs joined forces with the Open Source Centre to scrutinize this system, drawing… Read More

June 13, 2026 @ 3:15 pm By Omar Faridi  |  

The global artificial intelligence (AI) industry faced fresh volatility as secondary market trading for Anthropic‘s shares took a hit. This followed a swift directive from US officials compelling the firm to restrict its latest high-performance models due to perceived security risks. The incident highlights escalating… Read More

June 12, 2026 @ 7:05 pm By Omar Faridi  |  

Blockchain analytics firm Chainalysis notes that on June 11, 2026, law enforcement agencies from multiple countries disrupted a sophisticated cryptocurrency laundering service known as AudiA6. This platform had become a key resource for cybercriminals, particularly those involved in ransomware campaigns and digital asset thefts. The… Read More

June 12, 2026 @ 7:03 pm By Omar Faridi  |  

Blockchain intelligence firm Elliptic has indicated that Thailand has firmly established digital assets as part of its financial ecosystem. The country is now focusing on practical integration questions: how to embed them into capital markets, structure investor access, and shape the market’s future development. According… Read More

June 12, 2026 @ 2:59 pm By Omar Faridi  |  

TRM Labs noted that on June 9, 2026, Belgian authorities secured convictions against seven individuals linked to an extensive international network backing the Islamic State (ISIS). The court imposed prison terms ranging from five to 15 years, plus significant monetary fines. TRM Labs has also… Read More

June 12, 2026 @ 2:56 pm By Omar Faridi  |  

On June 11, 2026, Circle Internet Financial (NYSE:CRCL) announced that it had submitted detailed comment letters to the U.S. Department of the Treasury just two days earlier. These submissions address two key proposed regulations aimed at updating anti-money laundering (AML) and countering the financing of… Read More

June 12, 2026 @ 10:24 am By JD Alois  |  

President Donald Trump has announced that Jay Clayton, the former Chairman of the Securities and Exchange Commission (SEC) and the current US Attorney for the SDNY, has been nominated to serve as Director of National Intelligence (DNI). SDNY is the most influential jurisdiction for financial services, as it… Read More

June 12, 2026 @ 5:11 am By Omar Faridi  |  

Anchorage Digital has publicly backed the US Treasury‘s joint proposal from FinCEN and OFAC aimed at putting into effect the anti-money laundering (AML) and sanctions elements of the GENIUS Act. Submitted on June 9, 2026, the company’s detailed comment letter highlights how these measures strike… Read More

June 11, 2026 @ 4:04 pm By Omar Faridi  |  

Stand With Crypto UK, backed by Coinbase (NASDAQ:COIN), has rolled out a targeted grassroots effort calling on its more than 286,000 registered supporters in Britain to push back against retail banks that systematically restrict or prohibit transfers to cryptocurrency platforms. The drive focuses on encouraging individuals… Read More

June 11, 2026 @ 11:24 am By JD Alois  |  

President Donald Trump has nominated Brian Johnson to take over the Consumer Financial Protection Bureau (CFPB). The appointment was announced yesterday, June 10th. Ohio based Johnson is currently a senior executive at Capital One and, if approved, will take the reins of the agency for… Read More

June 11, 2026 @ 9:56 am By JD Alois  |  

The Independent Community Bankers of America (ICBA) has launched a new advertising campaign that warns the public about the risk of crypto. The banking sector believes they are currently under threat because of the emergence of digital assets and have sought to undermine its development,… Read More

June 10, 2026 @ 5:27 pm By JD Alois  |  

The number of publicly traded companies in the US has been in decline for many years – to the detriment of all. This is largely due to overly aggressive regulations that boost compliance demands and affiliated cost. At the same time, there is an ocean… Read More

June 10, 2026 @ 10:50 am By JD Alois  |  

Senator Elizabeth Warren, the ranking member of the Senate Banking Committee, has sent a letter to the Securities and Exchange Commission (SEC) demanding that the pending SpaceX IPO be halted or delayed due to “the multitude of concerns” regarding governance and disclosures that, in her opinion, put investors… Read More