Regulations

The Senate GENIUS Act bill, designed to establish federal rules for stablecoins, is facing resistance from key Democrats, jeopardizing the prospects for broader crypto legislation in 2025. The Guiding and Establishing National Innovation…

The House Financial Services and Agriculture Committee leaders published a discussion draft outlining a federal crypto framework to regulate the industry in the US on May 5.House Financial Services Chairman French Hill (R-AR), Agriculture…

Indonesia’s Ministry of Communication and Digital has temporarily suspended World (formerly Worldcoin) and its digital identity platform, World ID, citing registration issues and possible violations of local electronic system…

A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made to the bill.In a joint statement issued on May 3, the Senators noted that there are…

The following is a guest post and opinion from Sandy Peng, Co-Founder of Scroll. Over 1,000 FinTech companies and nearly 5,000 startups now call Hong Kong home, a 15% jump in just one year. Hong Kong has rapidly transformed into one of…

The Financial Conduct Authority (FCA) is preparing to introduce stricter regulations for the UK’s crypto sector as it looks to reduce risks for retail investors, according to a new discussion paper.This push comes as digital assets become…

Senate Republicans have accelerated efforts to bring the first comprehensive federal stablecoin legislation, the GENIUS stablecoin bill, to a floor vote before the Memorial Day recess.Senate Majority Leader John Thune formally moved to…

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a May 1 statement.If approved, the proposed rule would prohibit US…

A coalition led by the Solana Policy Institute, decentralized exchange Orca, and registered investment adviser Superstate has filed a request with the US Securities and Exchange Commission (SEC) to launch a pilot program for the issuance…

The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, according to the company’s latest 10-Q filing.The decision, disclosed in Q1…