Regulation

Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Sun accused FDT of exploiting gaps in Hong Kong’s trust company regime and urged regulators to act after a Dubai court froze assets linked to the alleged misappropriation.

U.S. Crypto Regulator, CFTC, Seeking Names for New 'CEO Innovation Council'
Acting Chairman Caroline Pham said the group will help usher in a new era of market structure, including a focus on digital assets.

Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty
Industry groups signed a letter to President Donald Trump calling for new tax policy and agency action on initiatives apart from Congress' market structure work.

Banks' Capital Rules When Holding Crypto Need to Be Reworked, Says Basel Chair: FT
Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out.

Canada Approves Budget That Advances Policy for Stablecoins
The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

U.S. Regulator OCC Clarifies How Banks Can Handle Network 'Gas Fees'
The U.S. Office of the Comptroller of the Currency explained to the national banks it oversees how they can hold crypto for paying gas fees.

Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms: Report
The operator is considering stricter enforcement of listing rules and audits to protect investors, Bloomberg reported.

Pooled Order Books in the Crosshairs as EU Regulators Look to Tighten MiCA Oversight
The European Securities and Markets Authority is preparing to take greater, more centralized control of crypto regulation across the 27-country trading block, according to reports.

Kraken Co-CEO Says UK Crypto Promotion Rules May Harm Retail Investors: FT
Arjun Sethi said questionnaires and warnings about potential financial loss slow down transaction times while asset prices are moving.

Brazil’s Central Bank Sets Crypto Rules, Establishes up to $7M Capital Bar for Firms
The rules classify crypto activities as subject to foreign exchange and capital market rules, and require reporting of international transactions.

