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Examining the laws, guidelines, and policies governing the operation of cryptocurrencies, blockchain technology, and financial services.

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CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

The Commodity Futures Trading Commission published an Advanced Notice of Proposed Rulemaking covering retail crypto trading on margin, leverage or financing, and a new exchange registration category built for it. Chairman Michael Selig called it a federal option rather than a mandate. The notice would also codify delivery to a user's own non-custodial wallet within 28 days as an exception to on-exchange trading

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CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

The Commodity Futures Trading Commission published an Advanced Notice of Proposed Rulemaking covering retail crypto trading on margin, leverage or financing, and a new exchange registration category built for it. Chairman Michael Selig called it a federal option rather than a mandate. The notice would also codify delivery to a user's own non-custodial wallet within 28 days as an exception to on-exchange trading
Treasury Drops Crypto Wallet Surveillance Rules

Treasury Drops Crypto Wallet Surveillance Rules

FinCEN withdrew the 2020 unhosted wallet reporting proposal and its 2023 finding that crypto mixing is a primary money laundering concern. The agency said it will keep monitoring mixers and may act again
Illinois Agrees to Six-Month Crypto Tax Delay, Subject to Court Approval

Illinois Agrees to Six-Month Crypto Tax Delay, Subject to Court Approval

The levy would charge customers on asset value rather than gains, with draft rules covering paid custody, transfers and stablecoin settlement.
Circle Urges EU to Replace Stablecoin Bank-Deposit Mandates

Circle Urges EU to Replace Stablecoin Bank-Deposit Mandates

The USDC issuer also wants to preserve cross-border co-issuance and create a recognition route for foreign stablecoins, while central banks demand stronger safeguards.
SEC Proposes Crypto Self-Custody Route for Investment Advisers

SEC Proposes Crypto Self-Custody Route for Investment Advisers

The proposal also sets conditions for state trust company custody, with public comments due 60 days after Federal Register publication.
US Sanctions A7 Network, Proposes Ban on Sub-Agent Payments

US Sanctions A7 Network, Proposes Ban on Sub-Agent Payments

FinCEN says A7’s sub-agents processed more than $17 billion in dollar-denominated transactions from January 2025 through June 2026.
ESMA Proposes MiCA Rules for DeFi Gateways, Staking and Lending

ESMA Proposes MiCA Rules for DeFi Gateways, Staking and Lending

The regulator also wants to bar crypto firms from all MiCA-licensable services involving noncompliant stablecoins, extending restrictions to custody and transfers.
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms

EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms

The regulator wants the EU to examine rules for DeFi gateways, with leverage caps and certification of lending protocols among the options.
Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins

Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins

Covered issuers would generally have two business days to redeem tokens, while bank applications would follow the GENIUS Act's 120-day decision clock.
New York Sues Polymarket US Over Unlicensed Gambling

New York Sues Polymarket US Over Unlicensed Gambling

Attorney General Letitia James asks a Manhattan court to shut the CFTC-designated exchange out of the state, award three times its gains, and impose $100,000 for each sports contract it offered.