FCA crypto proposals aim to bring digital asset firms under full UK oversight by 2026, spelling out provisions for governance, resilience, and crime prevention. The regulator says the framework mirrors traditional finance rules but will be adapted to reflect crypto’s unique risks. Summary FCA plans full UK oversight of crypto firms by 2026, adapting TradFi…
The UK is taking a bold step toward aligning its crypto regulations with the United States as it faces pressure to keep pace with global competition. Summary The UK is preparing to unveil a new agreement with the US on crypto regulation following a high-level meeting between Chancellor Rachel Reeves and Treasury Secretary Scott Bessent…
Summary Bank of England’s stablecoin cap sparks pushback from crypto leaders UK stablecoin limits draw criticism over enforceability and market impact Crypto industry warns “no other major jurisdiction has deemed it necessary to impose caps” UK regulators propose caps on stablecoin ownership to protect financial stability. The crypto industry criticizes the plan as costly, unnecessary,…
Pakistan is moving to license and regulate global crypto exchanges as it formalizes its rapidly growing digital asset market. Summary Pakistan is inviting licensed global crypto exchanges and service providers to apply for operating permits. The country aims to fully integrate cryptocurrency into its financial system to boost adoption and investor protection. Pakistan is developing…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On last month’s Q2 earnings call, CEO Rick Wurster confirmed that Charles Schwab will soon launch spot crypto trading. More surprisingly, he stated, “We are going to launch a stablecoin.” Spot trading…
Tether has announced the planned launch of its U.S.-regulated stablecoin USAT, with Bo Hines, former digital assets advisor to President Donald Trump, as head of the project. Summary Tether plans to unveil its U.S.-regulated stablecoin USAT later this year. Bo Hines, who joined Tether in August 2025, will be the chief executive officer of Tether…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There’s a political and popular groundswell for stablecoins in Asia. Asian regulators are racing to catch up with the United States on stablecoins. Korea, Japan, and China are all discussing how their…
South Korean regulators have decided to lift a nearly decade-long ban that barred cryptocurrency-focused businesses from qualifying as venture companies. Summary South Korea’s Ministry of SMEs and Startups has approved a revision to the Venture Business Act. Crypto firms will be eligible for venture certification starting September 16. The policy change ends a ban that…
Kyrgyzstan has advanced a framework for a national crypto treasury through a broader regulatory bill, strategically tucking the ambitious state reserve initiative alongside more conventional licensing reforms. Summary Kyrgyzstan passed amendments to its “On Virtual Assets” law. The country established a state cryptocurrency reserve and state-run mining. Regulatory oversight shifts to a presidentially appointed body….
A government document reveals that India is unlikely to implement full crypto regulation, opting instead for limited oversight amid concerns over financial stability and payment system risks. Summary The document warns that implementing a full crypto regulation framework could grant them legitimacy and make the sector systemic, while a complete ban would not stop peer-to-peer…
