Dubai Crypto Firms Sharpen FATF Controls
The Dubai Virtual Assets Regulatory Authority (VARA) mandates crypto firms update risk profiles quarterly, emphasizing data-driven models and AI accountability. #Update #Crypto
Regulation
SEC Approves Tokenization Framework for Growth
SEC Commissioner Hester Peirce indicated that the SEC can utilize its exemptive authority for tokenized securities without formal rulemaking, as interim measures may lack full regulatory force. #Update #Crypto $BTC
CBDC Guardrails Proposed to Prevent Abuse
Bill 4212/25, aiming to limit Brazil’s CBDC control, passed a key committee. It ensures cash remains and mandates no financial exclusion. #Update #Legal
Bitcoin: Brazil Approves Crypto Law Bill
Brazil’s Chamber of Deputies debates Bill 2946 to enforce mandatory registration for crypto services, aiming to stabilize VASP regulations by codifying Central Bank resolutions. #Update #Crypto
Crypto Theft Task Force Launches in US
A bipartisan U.S. House bill proposes a Federal Cryptocurrency Theft Task Force led by the Attorney General to combat crypto theft, backed by Representatives Lance Gooden and Josh Gottheimer. #Update #Crypto
Crypto Regulation Bill Set to Pass in Japan
Japan’s House of Representatives passed a bill to regulate cryptocurrencies as financial instruments, allowing for ETFs and imposing stricter rules, including an insider trading ban. #Update #Crypto $BTC $ETH
Stablecoin Boom $33T Threatens South Africa
National Treasury and SARB extend regulations comment deadline to June 30, 2026, amid backlash; Luno CEO warns stablecoin restrictions could harm South Africa’s competitiveness. #Update #Crypto
Binance Banned by Philippines Central Bank
@Binance and BlockShoals Technologies Inc. lack necessary licenses to operate as virtual asset service providers in the Philippines, according to the central bank #Update #Crypto $BNB
CFTC Approves New Prediction Markets Framework
The CFTC proposes a new framework for event contracts, offering clarity for platforms like @Kalshi and potentially benefiting @Polymarket amid reduced regulatory uncertainty. #Update #Legal
CFTC Proposes First U.S. Prediction Market Rules
The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation, aiming for a 90-day review process to assess contract legality while supporting responsible innovation in the industry. #Update #Legal $BTC $ETH
Crypto Tax Bills Face Lawmaker Concerns
U.S. House Ways and Means Committee hearing on crypto tax bills reveals bipartisan concerns, delaying potential relief for digital asset users; clarity needed for mining and staking provisions. #Update #Crypto $BTC $ETH
Corruption Gaps Congress Must Close Now
The Digital Asset Market Clarity Act, advancing in the Senate, faces five critical gaps including oversight for DeFi platforms and stablecoin regulations, risking illicit finance facilitation. #Update #Legal $BTC $ETH
SEC Targets Binance in $5B Crackdown
France warns crypto firms of prosecution under MiCA; Coinbase and Kalshi introduce regulated perpetual futures in the U.S.; Japan pushes for yen stablecoins. #Update #Legal
Crypto Bills Advance with Small Transaction Relief
U.S. House Ways and Means Committee circulates seven crypto tax bills before June 9 hearing, addressing small transaction tax relief and mining taxation issues. #Update #Crypto $BTC $ETH