Regulation

Citadel Securities Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage
A Citadel Securities letter to the SEC argues that some DeFi systems resemble traditional exchanges and should face comparable oversight.

U.S. Crypto Education Group, American Innovation Project, Gets First Director
The Blockchain Association's COO, Allie Page, is leaving to be the inaugural director of AIP, which is focused on educational events for decision makers.

U.S. House Lawmakers Detail Grievances Over Government's 'Choke Point 2.0'
French Hill, the chairman of the House Financial Services Committee, issued a report outlining what went on at several U.S. crypto regulators in past years.

Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact
Scotiabank said Ottawa’s move toward a stablecoin framework is more about modernizing payments than reshaping broader financial markets.

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.

