Tagged: regulation

August 25, 2026 @ 12:24 pm By Omar Faridi  |  

In a recent filing with federal regulators, US banking associations have called for stronger customer identification standards to cover more of the stablecoin ecosystem. The Bank Policy Institute (BPI), working jointly with The Clearing House Association, submitted comments on a proposed rule from the Financial… Read More

August 25, 2026 @ 8:12 am By Omar Faridi  |  

The Hyperliquid Policy Center has formally urged the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a coordinated regulatory approach for perpetual contracts. In a comment letter submitted on August 24, 2026, the group responded to a joint… Read More

August 25, 2026 @ 7:14 am By Omar Faridi  |  

The Blockchain Association, an industry advocacy group for digital assets, has voiced strong support for key elements of proposed federal rules implementing customer identification requirements for permitted payment stablecoin issuers under the GENIUS Act. In a comment letter submitted on August 21, 2026, the organization… Read More

August 24, 2026 @ 4:40 am By Omar Faridi  |  

Russia’s central bank has relaxed the criteria for individuals seeking qualified investor status by introducing a domestic financial knowledge examination and related certificates. The change, set to take effect on August 31, 2026, aims to make the designation more attainable through demonstrated understanding of markets… Read More

August 18, 2026 @ 7:57 am By Omar Faridi  |  

The full implementation of the European Union’s Markets in Crypto-Assets framework has strengthened the ability of national regulators to restrict access by non-EU crypto trading platforms. Under the rules that reached complete application across the bloc, any entity offering crypto-asset services to customers based in… Read More

August 17, 2026 @ 5:36 pm By Omar Faridi  |  

Austria’s Financial Market Authority (FMA) has imposed a €70,000 fine on Bitpanda GmbH for multiple breaches of the Markets in Crypto-Assets Regulation (MiCA). Announced on August 14, 2026, this marks the first legally binding enforcement action under the EU-wide framework, signaling that MiCA has moved… Read More

August 16, 2026 @ 9:31 pm By Omar Faridi  |  

Mizuho Securities has lowered its price target on BitGo Holdings (NYSE: BTGO) from $14 to $11 while reaffirming an Outperform rating. The move reflects a more cautious near-term outlook shaped by weaker digital-asset market conditions and ongoing uncertainty around key US legislation, but the firm… Read More

August 14, 2026 @ 8:21 am By Omar Faridi  |  

Citigroup (NYSE: C) CEO Jane Fraser has indicated that she would welcome the passage of key US cryptocurrency legislation, describing a well-crafted version as beneficial for the overall financial system. Speaking during an interview on Fox Business, she made clear that while her institution continues… Read More

August 13, 2026 @ 3:50 pm By JD Alois  |  

The American Fintech Council (AFC) has issued a statement calling for risk-based artificial intelligence (AI) regulation in financial services. The AFC was responding to a request from House Financial Services Committee Ranking Member Maxine Waters. The AFC urged Congress to “pursue a unified, risk-based, and context-specific… Read More

August 12, 2026 @ 9:12 am By Omar Faridi  |  

A federal judge in Connecticut has rejected prediction-market operator Kalshi’s bid for emergency protection from state gambling enforcement, determining that the company’s sports-related event contracts do not meet the legal definition of swaps under federal commodities law. As a result, the Commodity Futures Trading Commission’s… Read More

August 10, 2026 @ 11:08 pm By Omar Faridi  |  

Thailand’s government has introduced a temporary tax relief measure designed to support cryptocurrency activity within its regulated financial system. The Finance Ministry confirmed that capital gains arising from crypto trading will be exempt from tax for a five-year period running from 1 January 2025 to… Read More

August 8, 2026 @ 11:25 am By Omar Faridi  |  

The Federal Deposit Insurance Corporation (FDIC) is advancing plans to create an independent organization dedicated to developing and applying uniform benchmarks for third-party vendors that supply services to banks. Working alongside banking and financial technology industry groups, the agency aims to establish a body that… Read More

August 8, 2026 @ 11:23 am By Omar Faridi  |  

Strategy’s (NASDAQ:MSTR) Michael Saylor asserts Bitcoin can progress independently as the U.S. Senate postpones a vote on the CLARITY Act. Michael Saylor, executive chairman of Strategy Inc., the publicly traded company formerly known as MicroStrategy and the largest corporate holder of Bitcoin, has drawn a… Read More

August 6, 2026 @ 9:23 am By Omar Faridi  |  

Russian President Vladimir Putin has formally approved legislation creating the nation’s first comprehensive rules governing the circulation of digital currencies and digital rights. The measure, signed on August 4, 2026, establishes clear operational standards for a range of market participants, including cryptocurrency exchanges, digital asset… Read More

August 6, 2026 @ 1:13 am By Omar Faridi  |  

Tribal gaming regulators and members of Congress are pressing for specific language in the pending CLARITY Act to prevent prediction markets from offering sports and casino-style contracts outside existing state and tribal oversight. The call came during a Senate Committee on Indian Affairs roundtable held… Read More

August 4, 2026 @ 3:13 pm By Omar Faridi  |  

A Dubai-based cryptocurrency platform with ties to Iranian interests has been reported to have transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate… Read More

July 29, 2026 @ 5:32 pm By Omar Faridi  |  

A bipartisan alliance of attorneys general from 44 states has formally challenged the Commodity Futures Trading Commission’s (CFTC) efforts to oversee sports-linked prediction markets, asserting that the agency possesses no legal power to do so. In a detailed comment letter submitted as the public feedback… Read More

July 27, 2026 @ 2:42 pm By Omar Faridi  |  

Ongoing efforts sharply focused on advancing more comprehensive cryptocurrency / blockchain market structure legislation in the US Senate have encountered significant new resistance over ethics rules that are intended to limit financial conflicts involving senior government officials and digital assets. Lawmakers from both parties are… Read More

July 27, 2026 @ 2:12 am By Omar Faridi  |  

Efforts to advance major cryptocurrency legislation in the US Senate are encountering significant timing obstacles as lawmakers approach their summer break. Senate Majority Leader John Thune has indicated limited confidence in securing full passage of the Digital Asset Market CLARITY Act, commonly referred to as… Read More

July 22, 2026 @ 10:22 pm By Omar Faridi  |  

Russia’s lower house of parliament has introduced and advanced legislation aimed at establishing a comprehensive regulatory framework for cryptocurrencies. The move reflects the country’s evolving stance on digital currencies, balancing innovation, economic utility in international trade, and strict oversight to mitigate risks for ordinary citizens…. Read More