DeFi Faces MiCA Compliance Challenge
MiCA Decoded series by LegalBison highlights that MiCAR’s “fully decentralized” exemption is rare, emphasizing the need for compliance in DeFi projects. #Update #Legal
Regulation
Banks Delay Crypto GENIUS Act Stablecoin Oversight
A coalition of U.S. bank trade associations has requested the Treasury Department extend comment periods on the GENIUS Act, aiming for comprehensive evaluation amid ongoing stablecoin regulatory efforts. #Update #Crypto $USDC
Crypto’s Clarity Act Survives Senate Calendar Crunch
April’s timeline for the U.S. Senate’s crypto Clarity Act faces delays, with potential committee hearings in May; final vote needed by July amid stablecoin yield concerns. #Update #Crypto $BTC
Ethereum Startup Launches in Abu Dhabi
@Startale_Group joins Hub71’s 18th cohort, anchoring operations in Abu Dhabi with a $63M Series A boost for blockchain and stablecoin infrastructure. #Update #Blockchain
Crypto Income Declaration Required for Ukrainians
The Ukrainian government mandates citizens to declare cryptocurrency income, aligning it with general tax legislation, despite the lack of specific crypto laws. The regulatory framework is still evolving. #Update #Crypto
Bitcoin Faces New SEC Regulation Challenges
A U.S. federal judge blocked Arizona’s case against Kalshi, reinforcing federal preemption over state gambling laws. #Breaking #Legal @Kalshi
Bitcoin Standards Rollout Urged Amid Systemic Risks
FATF urges faster crypto compliance, scrutinizing stablecoins and offshore firms. Only 29% of jurisdictions largely compliant with virtual asset standards. #Update #Crypto
Crypto White Paper Rules Transform MiCA
MiCA mandates structured digital white papers for crypto-assets with specific identifiers, impacting compliance and liability across the EU. #Update #Regulation
Crypto Markets Surveilled by Microsoft AI
CFTC Chairman Michael Selig confirms AI tools for market surveillance amid staff cuts; insider trading fears rise over $1.2M Polymarket bets on U.S.-Iran strikes. #Breaking #Legal
CFTC Embraces AI to Offset Staffing Cuts
@CFTC Chairman Mike Selig testified that AI is aiding the agency amid staff cuts, as it prepares to regulate rapidly growing crypto markets and prediction platforms. #Update #Crypto $BTC $ETH
Bitcoin Surges as Pakistan Reopens Banks
Pakistan allows banks to serve VASPs under PVARA, with conditions on segregated accounts and AML compliance; Binance collaborates with Fauji Foundation. #Update #Crypto
Bitcoin: Virginia Enacts Crypto Transfer Law
Virginia Gov. Abigail Spanberger signed HB 798, requiring exchanges to transfer dormant crypto to the state in-kind after five years, effective July 1, 2026. #Update #Legal
ClearBank Secures MiCA Approval for Stablecoins
@ClearBank Europe has received MiCA approval to offer euro- and U.S. dollar-pegged stablecoins, connecting traditional banking with digital assets via @Circle’s Mint platform. #Update #Crypto $USDC
Crypto Clarity Bill Faces 30% Passage Chance
Ron Hammond of @Wintermute says the Clarity Act has a 30% chance of passing this year, facing hurdles from banks over stablecoin yield issues. Progress is ongoing but uncertain. #Update #Crypto $BTC