Regulation
DoJ Ends ‘Regulation by Prosecution,’ Disbands National Cryptocurrency Enforcement Unit
A memo from Deputy Attorney General Todd Blanche enumerates dismantling the Biden-era approach to crypto enforcement.
GENIUS vs. STABLE: How the US Stablecoin Bills Before Congress Stack Up
The Senate’s GENIUS Act and the House’s STABLE Act align on most topics, but key differences remain.
California Bill Would Require Custodial Wallet Providers to Turn Over Unclaimed Assets After Three Years
Such ‘escheated’ assets would be held in trust by the state, and a license for any digital assets business would be required.
New York Bill Seeks to Crack Down on Crypto Fraud
The proposed bill A06515 aims to criminalize rug pulls, private key fraud, and fraudulent failure to disclose information.
Trump’s Crypto Czar Calls NFTs ‘Collectibles,’ Compares Memecoins to Baseball Cards
While far from a regulatory ruling, David Sacks’ opinion as the Trump administration’s AI and Crypto Czar carries weight.
Crypto Developer Sues DoJ to Have Software Declared Legal
Crypto crowdfunding developer Michael Lewellen fears the government will treat him as an unlicensed money transmitter like the developers of Tornado Cash.
Hong Kong Launches Incubator to Supervise Banks’ Blockchain Experiments
The initiative will mainly focus on tokenized deposits with the Hong Kong Central Bank.
South Korea to Ease Rules Allowing Financial Holding Companies to Acquire Digital Assets
New measures include allowing corporations to issue real-name crypto accounts and increasing fintech investment limits for financial institutions.
Governments From Across The Globe Move To Embrace Crypto
The U.S. is not the only jurisdiction where regulatory headwinds for crypto are shifting.
Regulatory Scrutiny Surrounding DeFi Tapers
The U.S. government appears to be preparing to loosen restrictions on the crypto industry as rumors of Gary Gensler’s retirement pick up steam.
