Senate Cloture Filing Puts CLARITY Act on September Track
A Senate cloture filing moves the CLARITY Act toward a September procedural vote, but does not guarantee debate, passage or final crypto market rules.
Category: Regulation
Brazil Sets 24-Hour Risk Hold for Some Crypto Transfers
Brazil’s central bank will require risk holds on certain newly funded transfers to foreign crypto providers and self-custody wallets from January 2027.
IMF Says Local Stablecoins Could Accelerate Digital Dollar Use
IMF official Dan Katz says local-currency stablecoins may make it easier for users to switch into dollar tokens, reshaping oversight of cross-border flows.
Former FBI Supervisor Charged in Alleged $1M Crypto Wallet Theft
A federal complaint alleges an FBI supervisor used wallet credentials found in internal systems to move roughly $1 million in digital assets.
South Korea Moves to Consolidate Stablecoin Rules
South Korea’s financial regulator plans a consolidated digital-asset bill covering stablecoin issuance and circulation, but key design choices remain unsettled.
FCA Sprint Feedback Favors Cross-Border Stablecoin Payments
Feedback from the UK FCA’s Stablecoin Sprint identifies cross-border payments as the clearest near-term opportunity while flagging limits in domestic retail.
EU Names HTX in Russia Sanctions With August Transaction-Ban Date
The EU has added HTX to a Russia-sanctions annex covering third-country crypto and payment providers, with the exchange’s listing dated to take effect August 23.
BIS Researchers Find Stablecoin Flows Resist Capital Controls
A new BIS working paper finds stablecoin inflows respond to economic stress but show little measurable sensitivity to capital controls.
US and UK Set Shared Direction for Cross-Border Stablecoin Rules
A joint policy statement backs one-to-one reserves, protected redemption rights and pathways for regulated stablecoins to reach both markets.
Philippine Cost-Based Electronic Transfer Fee Rules Take Effect
New Philippine rules tie person-to-person electronic transfer fees to documented costs and require recipients to receive the full amount sent.
California Crypto Licensing Rules Take Effect Under DFAL
California’s Digital Financial Assets Law licensing requirement took effect July 1, requiring many crypto businesses serving residents to be licensed or have a completed application on file.
Florida Enacts Stablecoin Issuer Rules and Fee-Payment Pilot
Florida approved a state stablecoin issuer framework and a pilot that can let businesses pay regulatory fees in qualifying dollar-backed tokens.