Regulation

White House crypto adviser Witt says other Clarity Act hurdles being cleared
Patrick Witt told CoinDesk that a recent compromise on stablecoin yield should hold as the Senate tries to advance its crypto bill, even as bankers continue warnings.

U.S. SEC says software allowing crypto wallet transactions not considered broker
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won't trip regulations.

ClearBank secures MiCA approval, targets Circle euro, dollar stablecoins for institutional clients
The U.K.- and EU-regulated credit institution gains crypto-asset service provider status and said it will connect clients to regulated stablecoin rails over Circle Mint

Crypto Clarity bill has 30% chance of passing this year, Wintermute’s Hammond says
Wintermute’s head of policy Ron Hammond pegs chances at 30%, citing political friction, stalled negotiations and shifting timelines despite signs of progress.

Japan moves to classify cryptocurrencies as financial products
The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration.

U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses.

South Korea takes away exchange discretion in a major anti-phishing crackdown
The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns.

Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal
The Federal Deposit Insurance Corp. approved a proposed rule to govern the issuers, even as the Senate continues to debate GENIUS Act details.

Regulation by hostility: the real legacy of Biden-era crypto policy
Thorn argues that a recent New York Times op-ed rewrites history through omission, glossing over the collateral damage caused by the previous administration.

The time for clear financial privacy rules is now
Despite recent regulatory progress in the industry, privacy remains an area that needs to be addressed, says Yelderman.

