

This week, courts and regulators tackled crypto under various legal frameworks. A federal court upheld a CFTC-Gemini settlement, while the OCC revealed that major banks impose restrictions on digital-asset businesses. In Illinois, litigation regarding a crypto tax accelerated, and USDC became the first classified significant e-money token in Europe. Additionally, a UK court ruled that…

This week saw significant regulatory actions in the U.S. and Europe regarding cryptocurrency. The CFTC proposed a federal framework for leveraged crypto transactions and redefined gambling-related event contracts. In Europe, the ESMA urged compliance with regulations concerning noncompliant stablecoins and started plans for direct supervision of major crypto-asset service providers. Additionally, New York settled with…

The last week of May indicated a shift in crypto regulation, with significant legal disputes nearing resolution and a heightened focus on market structure and systemic risk. Blockchain.com filed for a U.S. IPO, reflecting renewed confidence in the market. The European Central Bank raised concerns over euro stablecoins’ adoption, cautioning about potential banking risks. Fenwick…

This week in crypto law marks a significant shift as governments begin actively regulating digital assets rather than debating their existence. Key developments include the Senate advancing the CLARITY Act to clarify regulatory oversight, growing national security concerns shaping crypto regulation, and the SEC exploring tokenized stock trading. Additionally, the CFTC’s lawsuit against Minnesota highlights…

The last week of April saw significant developments in crypto regulation, marking a shift toward increased oversight. The U.S. is preparing to regulate perpetual futures, while Société Générale expands its crypto services under European rules. In the UK, authorities intensified enforcement against illegal peer-to-peer trading linked to money laundering. Additionally, Nigel Farage faces scrutiny for…

This week in crypto law highlighted a significant trend: digital assets are increasingly integrated into mainstream finance amidst rising jurisdictional disputes and systemic risks. Key developments include Goldman Sachs filing for a Bitcoin ETF, Pakistan allowing bank access for licensed crypto firms, and the Bank for International Settlements calling for global stablecoin regulation. Additionally, France…

The SEC has approved Nasdaq’s plan for tokenized securities trading, marking a significant integration of blockchain in traditional markets. Meanwhile, Hong Kong is tightening crypto licensing rules, warning exchanges of strict compliance requirements. Nigeria has charged Binance executives with tax evasion, highlighting regulatory challenges in crypto. U.S. lawmakers are concerned over the SEC enforcement chief’s…

The CFTC has formed a 35-member Innovation Advisory Committee to advise on how emerging technologies interact with derivatives markets. Treasury Secretary Scott Bessent is advocating for the Clarity Act to stabilize cryptocurrency regulations. The UK’s FCA is pushing to block access to HTX for unauthorized promotions, while the CFTC asserts its jurisdiction over prediction markets.…

Acting CFTC Chairman Caroline D. Pham outlined a regulatory strategy for digital assets during her speech to the UK All-Party Parliamentary Group on Blockchain Technology. Emphasizing the importance of leveraging existing frameworks, she introduced initiatives like the Crypto Sprint, committed to engaging directly with market participants, and highlighted the need for coordination with international regulatory…

Polymarket has secured CFTC approval to relaunch in the U.S. after three years, following its acquisition of QCEX. The CFTC granted a no-action letter allowing QCX and QC Clearing to bypass certain reporting rules for event contracts. This marks a significant regulatory shift recognizing prediction markets as legitimate financial instruments, enhancing competition in the sector.