EU May Block Crypto Firms From Holding Non-Compliant Stablecoins
ESMA wants EU crypto firms barred from custody and transfers involving stablecoins that fail MiCA rules. It is a proposal, not current law.
ESMA wants EU crypto firms barred from custody and transfers involving stablecoins that fail MiCA rules. It is a proposal, not current law.
Circle wants MiCA to replace rigid bank deposit limits with liquidity rules, but its proposal leaves the effect on USDT and redemption terms unclear.
Schnabel outlined three models for putting central bank money onchain, each with a different balance between native tokenisation and existing infrastructure.
US sanctions target the A7 Network and its sub-agents. On-chain research links it to $166 billion in volume and a ruble-backed bridge into USDT.
US bank policy has shifted with leadership. A statutory framework could make Bitcoin custody and settlement rules more durable.
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A Japan-focused DeFi project would use Uniswap v4 hooks for pool controls, but key details about enforcement, governance and deployment remain unclear.
The SEC proposed tailored crypto custody rules for advisers and funds using existing authority, while the Clarity Act remains blocked in Congress.
The SEC opened a narrow path to on-chain stock trading, but its symbol and volume caps could constrain platforms such as Robinhood.
The SEC proposal would let advisers hold certain client crypto directly and add state trust companies as qualified custodians.
SEC staff FAQs explain how token classification, staking receipts and buybacks are treated, but they cannot create new legal obligations.
Treasury sanctioned the A7 Network as a transnational criminal group. FinCEN has separately proposed blocking funds tied to its Sub-Agents.
New York and Wyoming regulators will coordinate licensing reviews, examinations and potential enforcement involving digital asset businesses.
ESMA wants to license DeFi gateways and tighten disclosure rules for staking and lending, while leaving most protocol contracts untouched.
Illinois agreed to delay its 0.2% crypto tax to July 1, but a judge must approve the deal as the industry challenges the law.
Evernorth plans an XRP treasury of at least 473 million coins, but most would come from contributions rather than cash purchases.
The SEC’s revised buyback FAQ offers relief to functional networks without a central party, leaving many issuer-run programs outside its protection.
Seven exchange-hosted Tron addresses received about $6.1 million since March 2022. OFAC’s designation raises compliance risks for direct and indirect exposure.
AllUnity's USD-pegged USDAU targets European businesses with regulated issuance, 1:1 redemption and support across six blockchains.
House Oversight seeks trading and identity records from Hyperliquid, Crypto.com and PredictIt's owner as it examines prediction-market safeguards.
UK crypto firms can apply for FCA authorization until 28 February 2027, before the new FSMA regime starts on 25 October 2027.
The SEC alleges Cryptoaiml and TSAI misappropriated $15.3 million through false AI trading claims and fictitious SEC regulation.
The SEC and CFTC will be left with three commissioners between them after Hester Peirce leaves the Securities and Exchange Commission.
Rep. James Comer seeks records on user checks, suspicious trades and insider activity from Crypto.com, Hyperliquid and PredictIt.
Illinois’ draft rules would tax stablecoin activity and some DeFi platform fees, while excluding gas, NFTs and many ordinary wallet transfers.
