Government policy, laws and regulation shaping digital assets and the future of money.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to approve the 21Shares Spot SUI ETF. According to a recent filing, the SEC is extending its review period and will now accept public comments on the proposed rule change, which would allow the ETF to be listed on Nasdaq. The final … Read more
On September 5th, the U.S. Securities and Exchange Commission (SEC) announced proposed rule changes aimed at creating a “safe harbor” for cryptocurrency companies. This initiative, led by SEC Chair Paul Atkins, seeks to ease the regulatory burdens that crypto businesses currently face. The proposed framework specifically targets broker-dealer rules, offering more operational flexibility and reducing … Read more
On September 4, 2017, the Chinese government, led by the People’s Bank of China and six other agencies, issued a comprehensive ban on initial coin offerings (ICOs) and required all domestic cryptocurrency exchanges to stop operations. This directive was a response to what the government considered “unauthorized and illegal public financing activity.” The government’s notice … Read more
Ukraine is taking a significant step to formalize its digital asset sector by advancing a new bill that would give cryptocurrencies legal status and establish a tax framework. The proposed legislation would tax crypto gains at an 18% income tax rate, with an additional 5% tax dedicated to military support. To ease the transition, a … Read more
The Bank of England has updated its stablecoin regulations, allowing systemically important stablecoin issuers to hold a portion of their reserves in interest-earning assets. This change, announced by Deputy Governor Sarah Breeden, is expected to benefit large issuers by enabling them to generate revenue from their reserves. The new regulations also integrate stablecoins into the … Read more
In a significant and coordinated policy shift, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly approved registered exchanges to trade spot crypto assets. This marks a powerful reversal from the previous administration’s cautious stance and signals a new, pro-innovation era for digital assets in the US. Under the … Read more
Robinhood CEO Vlad Tenev met with the U.S. Securities and Exchange Commission (SEC) on September 2 to discuss the regulation of crypto assets, specifically tokenized securities. This meeting is part of Robinhood’s strategy to work with regulators to create a federal framework for these assets. The company aims to integrate tokenized assets into its platform … Read more
Binance, the world’s largest crypto exchange, has named SB Seker as its new Head of Asia-Pacific (APAC). This strategic appointment comes as the company faces increasing regulatory scrutiny in the region, particularly in Australia. Just two weeks prior, AUSTRAC, Australia’s financial intelligence agency, ordered an independent audit of Binance Australia, citing “serious concerns” about its … Read more
During the BNB Chain‘s fifth-anniversary event in Hong Kong, Huaxing Capital‘s Chairman, Xu Yanqing, announced a $100 million investment in the BNB ecosystem. This move highlights the growing trend of traditional finance integrating with the crypto space. The investment is being framed as a strategic effort to bridge Web2 and Web3, with a strong focus … Read more
The Commodity Futures Trading Commission (CFTC) has issued new guidance clarifying how non-U.S. exchanges can register to directly serve American customers. Issued on August 28, the advisory from the CFTC’s Division of Market Oversight reaffirms a longstanding framework from the 1990s, which permits foreign exchanges to register as “foreign boards of trade” (FBOTs) to offer … Read more