SEC CFTC Unite for Comprehensive Crypto Oversight
The SEC and CFTC have signed a memorandum to enhance crypto oversight, aiming for unified regulations and data sharing, potentially impacting the majority of the crypto sector. #Update #Crypto
Regulations
Stablecoins Denied Deposit Insurance by FDIC
Stablecoins like $USDC and $USDT won’t receive FDIC insurance under the new GENIUS Act, according to FDIC Chairman Travis Hill, impacting their regulatory treatment compared to bank deposits. #Update #Crypto $USDC
SEC Strengthens Ties with CFTC Through Joint Meetings
The U.S. SEC and CFTC are formalizing cooperation with joint meetings and exams to enhance regulatory clarity for crypto firms, aiming for a harmonized framework. #Update #Crypto $BTC $ETH
SEC Mandates Equal Capital for Tokenized Securities
The U.S. Federal Reserve and regulators mandate banks to hold equal capital for tokenized and traditional securities, promoting regulatory clarity in crypto-assets’ integration with banking. #Update #Crypto $BTC
Stablecoin Expansion as ZeroHash Seeks Bank Charter
@ZeroHash applied for a National Trust Bank Charter from the OCC to issue stablecoins and manage digital assets under federal oversight, expanding its services across the U.S. #Update #Crypto
SEC’s GENIUS Pitch Threatens Stablecoin Stability
The OCC’s proposed stablecoin rules may hinder yield and rewards, impacting firms like @Circle and @Coinbase. Industry insiders suggest potential for negotiation despite concerns over regulatory overreach. #Update #Crypto $USDC
Kalshi Nabs MrBeast Editor for Insider Trading
@Kalshi penalized two users for insider trading, including MrBeast’s editor, Artem Kaptur, who was fined over $20K. Another user, Kyle Langford, received a 5-year ban for betting on his own candidacy. #Update #Legal
Crypto Rule Scraps Reputation Risk Debanking
The Federal Reserve proposes a rule to eliminate “reputation risk” from bank supervision, aiming to protect lawful customers, including crypto firms, from debanking pressures. Comments due in 60 days. #Update #Crypto $BTC
SEC Shifts Brokers to Stablecoin Holdings
The SEC now allows broker-dealers to count 98% of their stablecoin holdings as regulatory capital, marking a significant shift in treatment for assets like $USDC and $USDT. #Update #Crypto $USDC
CFTC Names Crypto Leaders to Advisory Group
The U.S. Commodity Futures Trading Commission has appointed prominent crypto executives, including @BrianArmstrong and @BradGarlinghouse, to its new Innovation Advisory Committee to guide regulatory modernization. #Update #Crypto $XRP
EU Risks Falling Behind U.S. in Tokenization
Eight EU-regulated digital asset firms urge policymakers to expedite changes to the DLT Pilot Regime, warning that Europe risks losing its tokenization lead to the U.S. #Update #Crypto $BTC
Crypto Custody Rules Launched to Prevent QuadrigaCX
Canada’s investment regulator, CIRO, has launched new digital asset custody rules to enhance investor protection and respond swiftly to risks like fraud and hacking, following the QuadrigaCX collapse. #Update #Crypto $BTC
SEC CFTC Chiefs Unite to Advance Crypto Regulation
The U.S. SEC and CFTC leaders are advancing regulatory policies for crypto, aiming to harmonize standards as Congress deliberates legislation; Bitcoin is at $88,336.23 and Ethereum at $2,961.90. #Update #Crypto $BTC $ETH
Bitcoin Exits South Korea with $110 Billion
South Koreans transferred over 160 trillion won ($110 billion) to foreign crypto exchanges in 2025 due to strict domestic regulations, limiting local trading options. #Update #Crypto $BTC $ETH