Regulation

Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors
While citizens still cannot use Bitcoin to buy groceries, the Kremlin is officially letting companies use digital tokens to bypass sanctions and other global trade hurdles.

Brazil’s securities regulator sets up task force with 60-day deadline for tokenization proposal
The framework will address critical issues like official ownership records, private key custody, transaction reversibility and system liability.

Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.

Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products.

U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.

Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.

U.S., UK move to align rules for tokenized finance across world's largest financial markets
The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.

Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials
Discussion among Democrats have fixed on the president's personal gains when hashing out the crypto market structure bill's ethics provision.

Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.

Polymarket seeks approval to bring margin trading to U.S. customers
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.

