U.S. SEC Takes Preliminary Step to Expand Universe of Crypto Custody to State Tr...
Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital as...
Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Bank of Canada Calls for Stablecoin Regulations Amid Global Shift
TLDR The Bank of Canada calls for clear stablecoin regulations to ensure financial stability in the growing digital asset market....
U.S. Treasury Takes Next Step in Turning GENIUS Act Into Stablecoin Regulations
The crypto industry has entered the long slog of rule writing on the stablecoin law, and the Treasury is inviting input on how to...
New U.S. Crypto Group AIP Joins Crowded Field, Targets Policymaker Education
The American Innovation Project is the latest digital assets advocacy organization to launch, but its tax status could help it fin...
U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activ...
The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening a com...
U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on...
Wall Street Joins Consumer Advocates to Call for Edit to GENIUS Act on Stablecoi...
U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing...
Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credent...
The new rules meal that stablecoin issuers will need to apply for a license in the region.