Regulations

Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative.The Bank of Korea (BOK) halted its…

Circle applied to charter First National Digital Currency Bank to become a federally regulated trust that would manage USDC reserves and expand custody services for institutional clients.According to a June 30 announcement, Circle…

Senator Cynthia Lummis revealed on June 30 that she would introduce an amendment to add crypto tax language to the “One Big Beautiful Bill” (OBBB) amid pushes from crypto advocates in the same direction.Lummis posted on X that she is…

The Financial Action Task Force (FATF) said in a report released this week that global efforts to regulate virtual assets and service providers have improved but remain incomplete, with illicit use of stablecoins accelerating sharply in…

Bitcoin owners are becoming a significant voting group in the United States, and their influence is poised to grow ahead of the 2026 midterm elections.Following their noticeable role in the 2024 presidential vote, recent polling from…

Dinari secured a US broker-dealer registration for its subsidiary, becoming the first platform cleared to offer blockchain-based shares of publicly traded companies to domestic investors, Reuters reported on June 26.The San Francisco…

The House passed HB 1664 on June 26, which designates the Secretary of Commerce as the President’s principal advisor on matters involving distributed-ledger technologyThe measure, introduced by Rep. Kat Cammack and co-sponsored by Rep.…

Hong Kong released a second policy statement to accelerate its digital asset (DA) development and reinforce its ambition to become a global leader in financial innovation.The latest statement, dated June 26 and dubbed “Policy Statement…

Kraken has become the first major global crypto exchange to secure a full Markets in Crypto-Assets (MiCA) license through the Central Bank of Ireland, enabling the company to offer regulated digital asset services across all 30 European…

The European Union is preparing to relax its stance on foreign-issued stablecoins, potentially allowing U.S. dollar-backed tokens like USDC and USDT to circulate freely within the bloc, the Financial Times reported on June 25.According…