Regulations

The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation.On Oct. 5, the financial regulatory agency opened rulemaking for…

European USDC holders seeking dollars from Circle could have to wait if reserves cannot move between its French and U.S. issuers, even while retaining their claim to a dollar. Circle’s current European redemption policy allows temporary…

Circle is urging the European Union to open its Markets in Crypto-Assets Regulation (MiCA) to foreign-regulated stablecoins and loosen reserve rules that constrain global issuers.The USDC issuer proposed a recognition regime that could let…

The US sanctioned two French charities and three individuals after alleging they helped channel cryptocurrency and other funds to Hamas.The Treasury Department’s Office of Foreign Assets Control (OFAC) added Association Baraka, Ensemble C…

Illinois officials have joined crypto industry groups in seeking a six-month delay to the state’s controversial digital-asset tax.The agreed motion, filed Oct. 1 in Sangamon County, asks a judge to postpone the levy’s Jan. 1 start until…

El Salvador secured access to $138 million from the IMF while recommitting to limits on further state Bitcoin accumulation.The International Monetary Fund (IMF) completed the second and third reviews of the country’s $1.4 billion loan…

US government debt is one of the easiest assets in the world to borrow against, which lets financial companies get cash without giving up their investments for good.Washington is rewriting the rules for that borrowing, and the result will…

On Oct. 2, the SEC approved the Cboe BZX exchange’s listing proposal for VS Trust’s 3x Bitcoin ETF and 3x Ether ETF. The decision clears an exchange-rule hurdle for products sponsored by Volatility Shares that seek amplified daily crypto…

Binance will require Brazilian users to provide additional information for cross-border crypto transfers starting Nov. 1.The exchange said customers sending crypto abroad or receiving it from nonresidents must disclose the purpose of each…

The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency approved Agora National Trust Bank, Catena Trust Bank and Bastion Platforms.American Banker reported that the…