Months after publishing its rulebook, Kazakhstan’s AFSA is putting its stablecoin regime to work. The regulator is now accepting license and supervision fees in U.S. dollar-pegged digital assets through a select group of agents. Summary Kazakhstan’s AFSA launched a pilot allowing regulatory fees to be paid in USD-pegged stablecoins. Bybit Kazakhstan is the first licensed…
Leveraged trader James Wynn, famous for his huge gains and losses, claims his UK bank accounts were frozen with no explanation. Summary James Wynn says that UK banks froze his accounts with no explanation The leverage trader claims that he paid ‘millions’ in taxes from these accounts His claims sparked a debate about debanking in…
Two major financial regulators are considering potential regulatory “innovation exemptions” for DeFi. Summary SEC and CFTC issued another joint statement to harmonize crypto regulation According to the two agencies, DeFi may get a temporary exemption from some rules Agencies also outlined the innovative potential of on-chain finance SEC and CFTC continue to work together to…
ECB President Christine Lagarde called for consistent EU oversight of stablecoins, stressing that gaps in rules could put investors and markets at risk. Her comments signal a move toward tighter regulation of stablecoins as the European regulator is trying to push the digital euro. Summary Christine Lagarde urged the EU to apply stablecoin rules equally…
The U.S. Securities and Exchange Commission has delayed its decision on 21Shares’ bid to launch a spot Sui exchange-traded fund, extending the final deadline to late December 2025. Summary SEC has delayed its decision on 21Shares Spot SUI ETF approval to December. Decisions for multiple altcoin ETFs are expected in October. In its latest filing…
SEC Chairman Paul Atkins has unveiled the agency’s upcoming regulatory agenda, prioritizing clarity over litigation. The long-awaited roadmap targets issuance, custody, and exchange trading rules, signaling a definitive end to regulation-by-enforcement. Summary SEC Chairman Paul Atkins unveiled Spring 2025 agenda to integrate crypto into traditional markets. Agenda shifts focus from enforcement to rulemaking on issuance,…
The U.S. government is demonstrating respect for privacy and prefers stablecoins over central bank-issued digital assets. President Donald Trump restricted the development of CBDCs, citing privacy concerns. However, the Treasury Department and the Bank of International Settlements are already exploring ways to turn stablecoins into a handy surveillance tool. Summary Although the U.S. opposed the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Comparing this year’s Bitcoin (BTC) chart to the U.S. dollar’s DXY index makes for a stark contrast. While Bitcoin has soared to new heights, breaching the $120,000 threshold, the DXY has had…
According to financial journalist Paul J. Davies, stablecoins pose a bigger threat to U.S. credit cards than to bank accounts or money market funds. What are the real dynamics between credit cards and stablecoins, and what are the possible outcomes of their collision? Summary The U.S. credit card networks and banks collect inflated swipe fees…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto has an image problem. Like any image problem, it can’t be patched with code, fixed by price action, or buried under more industry buzzwords. The answer lies in developing a clear…
