Regulations

Some of the most consequential financial rules begin with surprisingly little text.For example, on page 36 of the European Commission's current MiCA review, item 66 asks whether Europe's treatment of staking is adequate and, if it isn't,…

The Bank of Russia has proposed a 1% crypto capital cap, limiting covered crypto and foreign-digital-instrument risk to a bank’s own funds while leaving some client custody positions outside the new calculation.The Sept. 18 proposal would…

Washington came surprisingly close this week to writing a dollar amount into one of its thorniest crypto ethics rule debates.Under the final Senate draft of the CLARITY Act, senior federal officials holding equity worth at least $15,000 in…

Brazil's central bank will bar virtual assets, including stablecoins, from settling one specific type of international payment flow starting Oct. 1.Resolution 561 targets the settlement leg between regulated foreign-exchange providers and…

The UK Financial Conduct Authority says overseas crypto providers can fall inside the country's incoming authorization regime when they serve British consumers, even when the business is established abroad.A “UK consumer” for this purpose…

The US sanctioned Iranian crypto exchange BitBank, widening its campaign against digital-asset infrastructure allegedly used to finance the Islamic Revolutionary Guard Corps (IRGC).On Sept. 17, the Treasury Department’s Office of Foreign…

Two days after the US Senate failed to advance the CLARITY Act, federal regulators opened two narrower routes for crypto-linked market access under existing law.The Securities and Exchange Commission created a five-year path for…

Seven Democratic senators said Sept. 16 that CLARITY's failed Senate vote was not the end. The crypto market-structure bill fell short 49-50 the previous day on a procedural motion that needed 60 votes to advance.Getting from that statement…

The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues.The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad…

Crypto groups are pressing Congress to broaden tax relief after a House panel advanced the first digital-asset tax framework.The House Ways and Means Committee approved H.R. 10357, the Digital Asset Tax Certainty Act, by 38-5 on Sept. 16,…