The United States securities regulator has introduced a long awaited framework clarifying how cryptocurrencies are classified under federal law, marking a significant step for global digital asset markets. The new interpretation outlines which types of tokens fall under securities regulations and how certain assets can transition into regulated investment contracts. The move comes at a […]
A long running legal dispute between crypto focused Custodia Bank and the United States Federal Reserve has come to an end after a federal appeals court declined to review the bank’s challenge regarding access to the central bank’s payment system. The ruling effectively closes Custodia’s effort to force the Federal Reserve to reconsider its rejection […]
Hong Kong is preparing to grant some of its first stablecoin issuance licenses to HSBC Holdings Plc and Standard Chartered Plc, placing two of the city’s largest banking institutions at the center of the government’s push to strengthen its digital asset ecosystem. Authorities are moving ahead with plans to regulate privately issued digital currencies as […]
The United States Securities and Exchange Commission and the Commodity Futures Trading Commission are moving to strengthen coordination between the two agencies as regulators work to build a clearer framework for digital asset oversight. SEC Chairman Paul Atkins said both agencies are developing a formal memorandum of understanding that will bring their regulatory efforts closer […]
Lawmakers in the United States are attempting to revive stalled legislation aimed at establishing a clearer regulatory framework for digital assets, as negotiations intensify over how stablecoin rewards should be handled. The Digital Asset Market Clarity Act has faced delays after strong lobbying from the banking industry, which warned that certain stablecoin yield mechanisms could […]
US banking industry groups have raised strong objections after the Federal Reserve Bank of Kansas City approved a limited purpose Federal Reserve account for Kraken Financial, a development that could influence the future relationship between the crypto sector and the US banking system. The decision quickly sparked debate among financial institutions and regulators about whether […]
Cryptocurrency based sanctions evasion surged dramatically in 2025 as several heavily sanctioned countries expanded their use of blockchain networks to move funds outside the traditional financial system. A new report from blockchain analytics firm Chainalysis indicates that illicit crypto flows linked to sanctions violations rose sharply during the year. According to the analysis, sanctioned entities […]
A growing policy dispute between cryptocurrency companies and major US banks over the future of stablecoin yields has intensified after President Donald Trump publicly supported the crypto industry’s position. The debate centers on whether digital asset firms should be allowed to offer interest like returns on stablecoin balances held by users. In a recent public […]
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, delivered a sharp critique of cryptocurrencies this week, calling the sector “utterly useless” and casting doubt on the real world advantages of stablecoins compared with existing payment systems. Speaking at the 2026 Midwest Economic Outlook Summit in Fargo, North Dakota, Kashkari contrasted the rapid integration […]
Banks should not treat stablecoin yield products as a threat to their traditional business model, according to White House crypto adviser Patrick Witt, who is urging cooperation rather than confrontation between financial institutions and digital asset platforms. Speaking in a recent interview, Witt argued that the ability of crypto platforms to share yield with stablecoin […]
