Regulations
OmegaPro Founder and Co-Conspirator Charged by U.S. DOJ in $650M Ponzi Scheme
Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s operations in Latin America and some parts of the U.S.

U.S. Senators Pitch New Crypto Market Structure Framework as Hearing Approaches
Some of the Republican senators working on digital assets policy shared a set of principles to steer the the digital assets policies they're contemplating.

Thai SEC Consults on Rules Allowing Exchanges to Offer Utility Tokens
The regulator is proposing allowing crypto exchanges to issue their own utility tokens.

UK's FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures
The country's market regulator's proposed rules are meant to ensure stablecoins maintain their value and seek to reduce the likelihood of stablecoin and crypto custody companies failing.

U.S. Stablecoin Bill Approval Could Trigger a Long-Term Crypto Bull Market: Bitwise
The passage of a U.S. stablecoin bill could be one of the most important regulatory developments in the history of crypto, the report said.

Hong Kong Joins Global Race With New Stablecoin Licensing Bill
Hong Kong has been working on establishing a stablecoin regime since 2023.

Dems Stall Stablecoin Bill, Jeopardizing More Important Crypto Regulation Bill
The Senate's stablecoin bill's issues may delay work on the far more important market structure legislation.

U.S. Crypto Lobbyists Flooding the Zone, But Are There Too Many?
With more than a dozen groups advocating for crypto policies, including two new ones, the field of associations, political operations and lobbyists are legion.

OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities
OCC lifts approval and control requirements for banks engaging in cryptocurrency activities in new interpretive letter.

U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says
Institutional use of these cryptocurrencies will increase once rules are in place, the report said.

