Politics, Legal & Regulation

April 9, 2025 @ 10:59 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa (CONSAB), have joined to submit recommendations to the Europea Commission pertaining to the usage of blockchain or distributed ledger technology (DLT). The AMF shares that the European… Read More

April 9, 2025 @ 10:09 am By JD Alois  |  

Global markets have been in upheaval since President Trump’s Liberation Day, which slapped tariffs on just about all trading partners. Volatility has been spurred by market rumors as the message from the White House has been mixed. At times, it appears that the Trump White… Read More

April 8, 2025 @ 6:29 pm By JD Alois  |  

Tomorrow, April 8, 2025, the Subcommittee on Digital Assets, Fintech and AI, part of the House Financial Services Committee, will hold a hearing to discuss digital assets and securities. While the hearing memo is rather brief, there is a dire need to update existing securities… Read More

April 8, 2025 @ 10:46 am By JD Alois  |  

As a regular user of Companies House, this author believes the database needs more than some make-up. It needs a major overhaul. Companies House makes the US Securities and Exchange Commission’s EDGAR system look like a supermodel in comparison. That’s a heavy lift. From posting documents with opaque… Read More

April 8, 2025 @ 8:28 am By JD Alois  |  

Multiple reports indicate that the National Cryptocurrency Enforcement Unit (NCET), part of the US Department of Justice, has been shut down. Fortune first reported this, stating that a memo indicates that Deputy Attorney General Todd Blanche announced the decision to eliminate the entity, claiming the DOJ is… Read More

April 7, 2025 @ 12:00 pm By JD Alois  |  

Innovate Finance, an association that advocates on behalf of the Fintech industry in the UK, has issued a statement calling on the UK government to create a National Anti-Fraud Centre to battle the financial fraud crisis. The cost of payments fraud is said to be… Read More

April 7, 2025 @ 11:41 am By JD Alois  |  

The Securities and Exchange Commission’s Crypto Task Force, created by interim SEC Chairman Mark Uyeda, has revealed its agenda for its next Crypto Roundtable. Led by SEC Commissioner Hester Peirce, the Task Force aims to work with industry participants and other insiders to chart a… Read More

April 7, 2025 @ 8:44 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) issued a statement on stablecoins declaring they are not securities and thus not regulated by the agency. The SEC, Division of Corporate Finance, said that as long as the stablecoin is tied to the dollar and does… Read More

April 7, 2025 @ 7:14 am By Omar Faridi  |  

Digital assets firm OKX has noted that regulatory compliance is a top priority for them. As the crypto industry evolves, OKX claims that they “remain committed to meeting and exceeding regulatory standards.” They work closely and on an “ongoing basis with regulators to ensure their… Read More

April 7, 2025 @ 7:10 am By Omar Faridi  |  

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

April 6, 2025 @ 8:24 pm By Michael Wong  |  

The United Arab Emirates has issued a new decision revising the tax treatment of investment funds and limited partnerships as part of its ongoing efforts to enhance the country’s investment climate and align with global best practices, the Ministry of Finance said. Cabinet Decision No…. Read More

April 6, 2025 @ 6:05 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) highlighted actions taken to protect consumers from impersonations scams since the Government and Business Impersonation Rule took effect in April 2024. Scams impersonating businesses and government are consistently among the top frauds reported to the FTC; these scams resulted in… Read More

April 6, 2025 @ 5:57 pm By Omar Faridi  |  

In a significant development for the US financial services sector, the Department of Justice (DoJ) has given the green light to a $35 billion merger between Capital One Finance Group and Discover Financial Services. The decision, announced this week, marks a pivotal step forward for… Read More

April 6, 2025 @ 5:14 pm By Omar Faridi  |  

Kraken has officially obtained a Restricted Dealer registration in Canada, reaffirming its commitment to serving Canadian crypto investors while adhering to “enhanced investor protection guidance for crypto exchanges.” Kraken also welcomes Cynthia Del Pozo as their new General Manager for North America. Cynthia will lead… Read More

April 5, 2025 @ 6:37 pm By Michael Wong  |  

Thailand’s Digital Economy and Society (DES) Ministry will present two draft laws — the Royal Decree on Digital Assets and the Royal Decree on Cybercrime Prevention and Suppression — for Cabinet approval on April 8, with expectations that the laws could come into force before… Read More

April 4, 2025 @ 4:59 pm By JD Alois  |  

The House Financial Services Committee, Subcommittee on Digital Assets, Fintech and AI, has scheduled a hearing for April 9, 2025, to discuss tokenization or digital securities. The hearing is entitled: American Innovation and the Future of Digital Assets: Aligning the US Securities Laws for the… Read More

April 4, 2025 @ 4:43 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Corporate Finance (CorpFin), has issued a statement on stablecoins. During the last administration, the SEC’s position was that pretty much all crypto was deemed to be securities. Bitcoin was an exception, and perhaps Ethereum. Things have changed… Read More

April 4, 2025 @ 12:54 pm By JD Alois  |  

The definition of an Accredited Investor will probably change this year. Currently, an Accredited Investor is someone who earns over $200,000 a year ($300,000 if married) or holds over $1 million in assets, not counting a primary residence. While certain adjustments have been made to… Read More

April 4, 2025 @ 10:47 am By JD Alois  |  

Yesterday, CI shared a number of comments from Fintech executives sharing their opinions on President Donald Trump and his “Liberation Day” tariff policy. The President signed an Executive Order addressing what is described as “structural asymmetries,” which will “no longer be tolerated.” The CEO of… Read More

April 3, 2025 @ 5:39 pm By JD Alois  |  

  Crowdfund Capital Advisors (CCA), founded by individuals who helped to write the JOBS Act of 2012 – the legislation that legalized online capital formation or crowdfunding, has sent a letter to Representative French Hill, Chairman of the House Financial Services Committee, voicing their support… Read More