Legislation
SEC drops 'Reg Crypto' rulemaking: do we still need Clarity?
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on President Trump's White House remarks about bringing Hyperliquid onshore, then dig into Judge Vernon Oliver's Connecticut ruling that slammed the CFTC's emergency order in the Kalshi fight. Alexander Zozos, General Counsel of Superstate and a former SEC staffer, joins the hosts to break down what “Reg Crypto” actually does: two fundraising exemptions plus a safe harbor that acts as a "barbell" on when securities laws apply, solving crypto's "Hotel California" problem of checking in but never checking out. Plus, Rebecca and Renato debrief on whether the rule is a foundation or a window, and name crypto lawyers as their Person of the Week.
SEC's Hester Peirce’s parting advice for crypto
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the current state of crypto and the industry's evolution before digging into the George Santos CFTC settlement and the ColdCard hardware wallet hack. They are joined by SEC Commissioner Hester Peirce, who is departing the agency for academia after nearly a decade of service. Peirce reflects on the legacy she hopes to leave and shares a piece of parting advice for the industry. Plus, insights into what the SEC can and can't do on crypto rulemaking if the CLARITY Act fails, though she remains “optimistic” that the bill will pass. And, Rebecca and Renato name Senators Thom Tillis (R-NC) and Ruben Gallego (D-AZ) as their bipartisan Person of the Week for the ethics compromise they delivered to the White House. - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co.
Hong Kong regulators target 2026 legislation for virtual asset dealer and custodian rules
The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.
Poland’s lower house approves crypto law again, sends vetoed bill back to Senate
The Sejm passed the same version of the Crypto-Asset Market Act previously rejected by President Nawrocki, escalating political tensions.
UK Plans to Start Regulating Cryptocurrency in 2027
The U.K. government plans to extend existing financial regulation to cover crypto companies, emulating the approach of the U.S. rather than that of the EU.
Polish Government Urges President to Sign Crypto Bill He Already Rejected: Report
The Polish government reintroduced crypto legislation without changing a single period, after telling the president he needs to sign it to avoid Russian-linked security threats.
UK Passes Law Formally Recognizing Crypto as Property
The Property (Digital Assets etc) Act received Royal Assent on Tuesday, the final step of an act becoming law after being passed by the U.K. Parliament.
Michigan's Stalled Bitcoin Reserve Bill Advances After 7 Months
The bill proposes allowing the state treasury to invest up to 10% of its reserves in bitcoin and potentially other cryptocurrencies.
Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law
Industry groups said repealing key provisions of the GENIUS Act would stifle competition and deny consumers meaningful choice.
French MPs Float Plan to Mine Bitcoin With Surplus Nuclear Energy
The proposal aims to take advantage of surplus energy generated by nuclear power plants, with one MP describing it as a "secure and extremely profitable solution".
