🚨 JUST IN: Bank of England to Oversee Stablecoins
The UK government is expanding the Bank of England's mandate to include digital payments innovation. The new remit focuses on supporting stablecoins while ensuring financial stability and safety.
#UK #BankOfEngland #Stablecoins #CryptoRegulation
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The UK government is expanding the Bank of England's mandate to include digital payments innovation. The new remit focuses on supporting stablecoins while ensuring financial stability and safety.
#UK #BankOfEngland #Stablecoins #CryptoRegulation
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🔴 BREAKING: SEC crypto custody rule rewrite has officially entered White House review.
The proposed changes will impact how investment advisers, banks, and funds are permitted to store digital assets.
Final rules are targeted for October, though specific details remain undisclosed.
#SEC #CryptoRegulation #Custody #CryptoNews
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The proposed changes will impact how investment advisers, banks, and funds are permitted to store digital assets.
Final rules are targeted for October, though specific details remain undisclosed.
#SEC #CryptoRegulation #Custody #CryptoNews
Read more
🚨 SEC Proposes $75 Million Fundraising Cap for Crypto Startups
The US SEC is reviewing a proposal to establish two new fundraising exemptions for crypto ventures. The framework offers a primary path for startups to raise up to $75 million in any 12-month period, alongside a secondary option for $5 million over a four-year window.
Industry stakeholders have until October 20 to submit formal feedback. Currently, 31 comments are on record, addressing critical issues like disclosure requirements, investor protections, and how the $75 million ceiling should be calculated for projects using shared infrastructure.
#SEC #CryptoRegulation #Fundraising #Web3
The US SEC is reviewing a proposal to establish two new fundraising exemptions for crypto ventures. The framework offers a primary path for startups to raise up to $75 million in any 12-month period, alongside a secondary option for $5 million over a four-year window.
Industry stakeholders have until October 20 to submit formal feedback. Currently, 31 comments are on record, addressing critical issues like disclosure requirements, investor protections, and how the $75 million ceiling should be calculated for projects using shared infrastructure.
#SEC #CryptoRegulation #Fundraising #Web3
⚖️ Prediction Markets Case Heads to US Supreme Court
New Jersey has officially filed a petition for a writ of certiorari in its ongoing legal battle against Kalshi. This move brings the debate over the legality of election betting and prediction markets to the highest court in the United States.
The case centers on whether Kalshi, a regulated exchange, can legally offer contracts on political outcomes. New Jersey is challenging previous rulings that allowed these markets to operate during the 2024 election cycle.
The Supreme Court decision will set a massive precedent for the entire industry, including decentralized platforms like Polymarket. If the court rules against the markets, it could lead to stricter federal restrictions on prediction trading across the crypto ecosystem.
#Kalshi #SupremeCourt #PredictionMarkets #CryptoRegulation
New Jersey has officially filed a petition for a writ of certiorari in its ongoing legal battle against Kalshi. This move brings the debate over the legality of election betting and prediction markets to the highest court in the United States.
The case centers on whether Kalshi, a regulated exchange, can legally offer contracts on political outcomes. New Jersey is challenging previous rulings that allowed these markets to operate during the 2024 election cycle.
The Supreme Court decision will set a massive precedent for the entire industry, including decentralized platforms like Polymarket. If the court rules against the markets, it could lead to stricter federal restrictions on prediction trading across the crypto ecosystem.
#Kalshi #SupremeCourt #PredictionMarkets #CryptoRegulation
🚨 Iran Eases Currency Rules to Bypass US Sanctions via Crypto
The Central Bank of Iran has reportedly relaxed foreign currency controls to allow businesses to bring overseas earnings home using digital assets. According to the Financial Times, the new rules allow exporters to settle cross-border transactions using Bitcoin (BTC) and Tether (USDT) through local cryptocurrency exchanges.
Under the updated policy, exporters can now use their crypto earnings to directly fund imports. This removes the previous requirement to first sell foreign currency at official government rates through state platforms, providing a direct workaround for tightening US sanctions.
#Iran #CryptoRegulation #Bitcoin #Tether
The Central Bank of Iran has reportedly relaxed foreign currency controls to allow businesses to bring overseas earnings home using digital assets. According to the Financial Times, the new rules allow exporters to settle cross-border transactions using Bitcoin (BTC) and Tether (USDT) through local cryptocurrency exchanges.
Under the updated policy, exporters can now use their crypto earnings to directly fund imports. This removes the previous requirement to first sell foreign currency at official government rates through state platforms, providing a direct workaround for tightening US sanctions.
#Iran #CryptoRegulation #Bitcoin #Tether
🇨🇦 Canada Finalizes New Crypto Capital Rules for Banks
Canada’s banking regulator, OSFI, has finalized updated capital rules for 2027 that provide targeted relief for banks holding digital assets. The new guidelines allow institutions to treat multiple regulated exchanges as a single entity when calculating delta risk for qualifying Group 2a crypto exposures.
This change addresses a mismatch where banks using market-neutral hedging strategies were forced to overstate their risk. By treating regulated venues as one, positions in the same asset with the same maturity date can now receive full capital recognition, reducing the amount of cash banks must hold against these trades.
#Canada #CryptoRegulation #Banking #OSFI
Canada’s banking regulator, OSFI, has finalized updated capital rules for 2027 that provide targeted relief for banks holding digital assets. The new guidelines allow institutions to treat multiple regulated exchanges as a single entity when calculating delta risk for qualifying Group 2a crypto exposures.
This change addresses a mismatch where banks using market-neutral hedging strategies were forced to overstate their risk. By treating regulated venues as one, positions in the same asset with the same maturity date can now receive full capital recognition, reducing the amount of cash banks must hold against these trades.
#Canada #CryptoRegulation #Banking #OSFI
🔴 US Senate Rejects CLARITY Act as Bitcoin Drops Below $76,000
The US Senate failed to advance the Digital Asset Market Clarity Act on September 15, stalling a major effort to create a federal framework for the crypto industry. The cloture vote ended 49-50, falling short of the 60 votes required to proceed to debate.
Following the news, Bitcoin (BTC) dropped to an intraday low of $74,967.97. The broader altcoin market cap also tumbled 3.6%, though it remained above $1.15 trillion.
Market volatility triggered massive liquidations, with CoinGlass reporting over $300 million in positions wiped out within 20 minutes of the vote. Total 24-hour liquidations reached $665 million.
#Bitcoin #CryptoRegulation #USSenate #MarketUpdate
The US Senate failed to advance the Digital Asset Market Clarity Act on September 15, stalling a major effort to create a federal framework for the crypto industry. The cloture vote ended 49-50, falling short of the 60 votes required to proceed to debate.
Following the news, Bitcoin (BTC) dropped to an intraday low of $74,967.97. The broader altcoin market cap also tumbled 3.6%, though it remained above $1.15 trillion.
Market volatility triggered massive liquidations, with CoinGlass reporting over $300 million in positions wiped out within 20 minutes of the vote. Total 24-hour liquidations reached $665 million.
#Bitcoin #CryptoRegulation #USSenate #MarketUpdate
🔴 US Senate Blocks CLARITY Act; XRP Drops 8%
The US Senate has rejected the Digital Asset Market Clarity Act (H.R. 3633) in a 49-50 vote. The failure to advance the bill removes a near-term path for a federal crypto market-structure framework, causing XRP to slide over 8% to a low of $1.27 amid broader market liquidations.
Despite the legislative setback, Ripple leadership maintains that XRP's status as a digital commodity remains settled under current SEC and CFTC interpretations. Chief Legal Officer Stuart Alderoty noted that the March regulatory framework identifying XRP among 18 digital commodities is still in effect.
#XRP #Ripple #CryptoRegulation #SEC
The US Senate has rejected the Digital Asset Market Clarity Act (H.R. 3633) in a 49-50 vote. The failure to advance the bill removes a near-term path for a federal crypto market-structure framework, causing XRP to slide over 8% to a low of $1.27 amid broader market liquidations.
Despite the legislative setback, Ripple leadership maintains that XRP's status as a digital commodity remains settled under current SEC and CFTC interpretations. Chief Legal Officer Stuart Alderoty noted that the March regulatory framework identifying XRP among 18 digital commodities is still in effect.
#XRP #Ripple #CryptoRegulation #SEC
⚖️ CFTC grants regulatory relief to crypto wallets and trading apps
The CFTC has expanded regulatory relief for passive software providers, allowing crypto wallets and apps to connect users to regulated derivatives and prediction markets without registering as introducing brokers. This move simplifies how platforms offer access to perpetual contracts and other financial products.
To qualify, providers must limit their role in transactions and cannot exercise discretion over user orders. This policy extends a previous exemption granted to Phantom wallet in March, following requests from Phantom and the Hyperliquid Policy Center for clearer rules.
#CFTC #CryptoRegulation #Wallets #Derivatives
The CFTC has expanded regulatory relief for passive software providers, allowing crypto wallets and apps to connect users to regulated derivatives and prediction markets without registering as introducing brokers. This move simplifies how platforms offer access to perpetual contracts and other financial products.
To qualify, providers must limit their role in transactions and cannot exercise discretion over user orders. This policy extends a previous exemption granted to Phantom wallet in March, following requests from Phantom and the Hyperliquid Policy Center for clearer rules.
#CFTC #CryptoRegulation #Wallets #Derivatives
🚨 ECB President Blocked Binance’s EU Entry
European Central Bank President Christine Lagarde personally intervened to stop Binance from gaining a foothold in the European Union, according to a Wall Street Journal report. The central bank chief reportedly waded in just as the exchange was on the cusp of operating in the trading bloc.
Officials cited in the report claim Lagarde wanted to keep the exchange out due to its history of financial-crime violations in the US. She was also concerned that Binance would promote the dominance of dollar-based stablecoins in Europe instead of the proposed Digital Euro.
Binance recently withdrew its MiCA license application in Greece. This follows the company and its former CEO, Changpeng Zhao, pleading guilty to anti-money-laundering violations and paying a $4.3 billion fine last year.
#Binance #ECB #MiCA #CryptoRegulation
European Central Bank President Christine Lagarde personally intervened to stop Binance from gaining a foothold in the European Union, according to a Wall Street Journal report. The central bank chief reportedly waded in just as the exchange was on the cusp of operating in the trading bloc.
Officials cited in the report claim Lagarde wanted to keep the exchange out due to its history of financial-crime violations in the US. She was also concerned that Binance would promote the dominance of dollar-based stablecoins in Europe instead of the proposed Digital Euro.
Binance recently withdrew its MiCA license application in Greece. This follows the company and its former CEO, Changpeng Zhao, pleading guilty to anti-money-laundering violations and paying a $4.3 billion fine last year.
#Binance #ECB #MiCA #CryptoRegulation
⚖️ SEC Proposes New Rules for Institutional Crypto Custody
The SEC has officially proposed a tailored framework to clarify how registered investment advisers and regulated funds can legally hold crypto assets. This move aims to replace decades-old rules from 1940 that have left institutional investors in a state of regulatory uncertainty for years.
The proposal would allow crypto to be held in self-custody under specific conditions and permits state trust companies to act as qualified custodians for client funds. It also updates financial audit requirements for advisers and broker-dealer custodial services managing digital assets.
#SEC #CryptoRegulation #InstitutionalCrypto #Custody
The SEC has officially proposed a tailored framework to clarify how registered investment advisers and regulated funds can legally hold crypto assets. This move aims to replace decades-old rules from 1940 that have left institutional investors in a state of regulatory uncertainty for years.
The proposal would allow crypto to be held in self-custody under specific conditions and permits state trust companies to act as qualified custodians for client funds. It also updates financial audit requirements for advisers and broker-dealer custodial services managing digital assets.
#SEC #CryptoRegulation #InstitutionalCrypto #Custody
🚨 New SEC Rules to Impact Stablecoin Liquidity
The SEC is implementing new rules requiring US Treasury transactions to pass through central clearinghouses. This shift directly impacts stablecoin issuers like Tether and Circle, who hold billions in Treasury securities to back their tokens.
The rules aim to reduce market risk by making a clearinghouse the middleman for every trade. If a trading partner fails, the clearinghouse ensures the transaction is completed. This adds a layer of safety but changes the cost and mechanics of borrowing cash against these assets.
Stablecoin companies rely on "repos" (repurchase agreements) to quickly turn their Treasury holdings into USD when customers want to redeem tokens. The SEC deadlines are Dec. 31 for outright sales and June 30, 2027, for repos.
#Stablecoins #SEC #CryptoRegulation #Treasury
The SEC is implementing new rules requiring US Treasury transactions to pass through central clearinghouses. This shift directly impacts stablecoin issuers like Tether and Circle, who hold billions in Treasury securities to back their tokens.
The rules aim to reduce market risk by making a clearinghouse the middleman for every trade. If a trading partner fails, the clearinghouse ensures the transaction is completed. This adds a layer of safety but changes the cost and mechanics of borrowing cash against these assets.
Stablecoin companies rely on "repos" (repurchase agreements) to quickly turn their Treasury holdings into USD when customers want to redeem tokens. The SEC deadlines are Dec. 31 for outright sales and June 30, 2027, for repos.
#Stablecoins #SEC #CryptoRegulation #Treasury
🚨 DOJ Cites Bitcoin Fog Ruling to Block Roman Storm’s Acquittal
US prosecutors are using a recent appeals court victory against Bitcoin Fog to fight Tornado Cash developer Roman Storm’s bid for acquittal. The DOJ filed the supplemental authority on Monday, arguing that the recent ruling strengthens their case in New York.
The Bitcoin Fog decision confirmed that a user's activity in a specific district is enough to establish "venue" for a trial. Prosecutors argue that because Shakeeb Ahmed used Tornado Cash from his Manhattan apartment, the Southern District of New York has proper jurisdiction over Storm’s money-laundering and unlicensed money-transmission charges.
#TornadoCash #RomanStorm #BitcoinFog #CryptoRegulation
US prosecutors are using a recent appeals court victory against Bitcoin Fog to fight Tornado Cash developer Roman Storm’s bid for acquittal. The DOJ filed the supplemental authority on Monday, arguing that the recent ruling strengthens their case in New York.
The Bitcoin Fog decision confirmed that a user's activity in a specific district is enough to establish "venue" for a trial. Prosecutors argue that because Shakeeb Ahmed used Tornado Cash from his Manhattan apartment, the Southern District of New York has proper jurisdiction over Storm’s money-laundering and unlicensed money-transmission charges.
#TornadoCash #RomanStorm #BitcoinFog #CryptoRegulation
🚨 US Midterms: Prediction Markets Bet on Democratic Sweep
Data from Kalshi and Polymarket shows a 75% chance of Democrats taking both the House and Senate. Over $1.9 billion has been traded on election outcomes, marking a record for a midterm cycle on these crypto-linked platforms.
In the high-stakes Ohio Senate race, markets predict a 72% win probability for Sherrod Brown. This comes despite the crypto-backed Fairshake super PAC spending over $40 million to oppose the known crypto-critic, who may now chair the Senate Agriculture Committee overseeing the CFTC.
#USMidterms #Polymarket #CryptoRegulation #PredictionMarkets
Data from Kalshi and Polymarket shows a 75% chance of Democrats taking both the House and Senate. Over $1.9 billion has been traded on election outcomes, marking a record for a midterm cycle on these crypto-linked platforms.
In the high-stakes Ohio Senate race, markets predict a 72% win probability for Sherrod Brown. This comes despite the crypto-backed Fairshake super PAC spending over $40 million to oppose the known crypto-critic, who may now chair the Senate Agriculture Committee overseeing the CFTC.
#USMidterms #Polymarket #CryptoRegulation #PredictionMarkets
🚨 Democrats Secure Control of US Congress in Midterm Elections
Democrats have won both the House and the Senate in the 2026 midterm elections. This shift gives the party full control over legislative committees starting in January 2027, allowing them to oversee President Donald Trump’s administration.
The result is expected to significantly reshape the outlook for crypto legislation. Democratic committee leaders will now gain more influence over which digital asset bills advance and which industry activities face federal investigation.
New committee chairs will have the power to issue subpoenas and scrutinize Trump-linked digital asset businesses. Prediction markets like Polymarket and Kalshi had correctly anticipated this outcome, placing the probability of a Democratic sweep at 75% before the results.
#CryptoRegulation #USPolitics #Congress #Midterms
Democrats have won both the House and the Senate in the 2026 midterm elections. This shift gives the party full control over legislative committees starting in January 2027, allowing them to oversee President Donald Trump’s administration.
The result is expected to significantly reshape the outlook for crypto legislation. Democratic committee leaders will now gain more influence over which digital asset bills advance and which industry activities face federal investigation.
New committee chairs will have the power to issue subpoenas and scrutinize Trump-linked digital asset businesses. Prediction markets like Polymarket and Kalshi had correctly anticipated this outcome, placing the probability of a Democratic sweep at 75% before the results.
#CryptoRegulation #USPolitics #Congress #Midterms