

On August 7, 2025, the SEC and Ripple Labs concluded their legal dispute, dismissing appeals related to the classification of XRP sales. The joint stipulation reflects a mutual decision to avoid further litigation. This case has implications for crypto regulation, offering insights on token classification and the limits of enforcement. Ripple can now operate without…

On August 6, 2025, Roman Storm, co-founder of Tornado Cash, received a mixed verdict from a federal jury, convicting him only of operating an unlicensed money transmitting business. Major charges for money laundering and sanctions evasion resulted in a deadlock, raising questions on the legal liability of software developers in crypto.

On August 4, 2025, the CFTC announced the approval of spot crypto trading on federally registered exchanges, marking a significant regulatory shift towards integrating digital assets with traditional finance. This initiative, in collaboration with the SEC, aims to enhance consumer protection, institutional access, and market integrity, creating a more coherent regulatory framework.

In a significant speech, SEC Chairman Paul Atkins proposed “Project Crypto,” a regulatory initiative aimed at positioning the U.S. as a leader in crypto markets. The project focuses on clarifying token classifications, supporting tokenized securities, modernizing custody rules, and facilitating innovation while reconsidering financial intermediaries. It aims to reshape U.S. financial regulation for blockchain and…

On July 30, 2025, the President’s Working Group on Digital Asset Markets presented a fact sheet to position the U.S. as a leader in digital finance. The recommendations include enhancing regulatory clarity, fast-tracking rulemaking, and modernizing banking practices, while reaffirming opposition to U.S. central bank digital currency, aiming to promote innovation and protect investors.

The U.S. Senate Committee on Banking has released a Discussion Draft to clarify regulations for digital assets, aiming for consumer protection and financial stability. Key aspects include defining digital assets, clarifying SEC and CFTC jurisdiction, establishing stablecoin regulations, enhancing consumer disclosures, and ensuring custodial practices to prevent failures. The draft opens pathways for formal legislative…

On July 24, 2025, the Full Federal Court of Australia dismissed the ASIC appeal in ASIC v Wallet Ventures Pty Ltd, affirming that Finder Wallet’s “Finder Earn” does not qualify as a “debenture” under the Corporations Act 2001, thus exempting it from licensing. This ruling impacts regulatory clarity for crypto-asset products.

The SEC has intensified scrutiny on crypto staking, arguing that certain programs may be unregistered securities. A recent lawsuit against Coinbase indicates a focus on how staking services are marketed rather than the staking itself. This regulatory shift complicates compliance for both centralized and decentralized providers as firms reassess their strategies amid evolving legal standards.

On July 17, 2025, the U.S. House passed H.R. 3633, the Digital Asset Market Clarity Act, aiming to establish regulatory structure for digital assets. It defines roles for the CFTC and SEC, introduces clarity on digital commodities vs. securities, and includes provisions for stablecoins and AML compliance. The legislation signifies a shift towards legislative clarity…

The GENIUS Act was enacted on July 18, 2025, establishing the first federal framework for regulating payment stablecoins in the U.S. It requires issuers to maintain 1:1 reserves, comply with consumer protections, and undergo audits. The Act aims to enhance regulatory clarity, consumer safety, and the dollar’s dominance in digital transactions.