crypto
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Understanding the GENIUS Act: U.S. Stablecoins Revolution
Read More: Understanding the GENIUS Act: U.S. Stablecoins RevolutionThe 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.
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Federal Guidance on Crypto Custody for Banks
Read More: Federal Guidance on Crypto Custody for BanksOn July 14, 2025, the Federal Reserve, FDIC, and OCC issued guidelines for banks engaging in crypto-asset custody, emphasizing risk management and regulatory compliance. The statement outlines responsibilities, including risk assessment, corporate governance, cybersecurity, and third-party oversight, while underscoring the need for proper safeguards and existing legal frameworks to be upheld.
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California’s First DFAL Crypto Enforcement: Coinme’s Case Explained
Read More: California’s First DFAL Crypto Enforcement: Coinme’s Case ExplainedOn June 25, 2025, the California DFPI enforced the Digital Financial Assets Law against Coinme, Inc. for violating transaction limits and disclosure requirements. Coinme must pay $51,700 in restitution and a $300,000 penalty while complying with new regulations. This marks increased scrutiny in the crypto sector aimed at consumer protection.
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SEC’s New Guidelines for Crypto ETP Disclosures Explained
Read More: SEC’s New Guidelines for Crypto ETP Disclosures ExplainedOn July 1, 2025, the SEC issued non-binding guidance outlining disclosure expectations for crypto asset ETPs. It aims to enhance transparency for investors by detailing requirements for risk disclosures, NAV calculations, service provider roles, and compliance. This guidance seeks to standardize the registration process and mitigate concerns surrounding crypto markets.
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Crypto Week: Congress Votes on Key Bills for Digital Assets
Read More: Crypto Week: Congress Votes on Key Bills for Digital AssetsAs Congress convenes “Crypto Week,” the House prepares to vote on three pivotal bills: the GENIUS Act for stablecoins, the CLARITY Act for digital asset jurisdiction, and the Anti-CBDC Surveillance State Act against a central digital dollar. These legislative efforts aim to resolve regulatory uncertainties, foster innovation, and enhance consumer protection in the crypto industry.
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CSBS Advisory on Virtual Currency and TNW Explained
Read More: CSBS Advisory on Virtual Currency and TNW ExplainedOn June 26, 2025, the Conference of State Bank Supervisors (CSBS) issued its first advisory guidance under the Money Transmission Modernization Act (MTMA), offering clarity on how virtual currency should be treated in calculating a money transmitter’s tangible net worth (TNW). The guidance is part of CSBS’s ongoing effort to promote uniform state supervision for…
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Trump’s Executive Order: A New Era for Blockchain in the U.S.
Read More: Trump’s Executive Order: A New Era for Blockchain in the U.S.President Trump’s executive order aims to establish the U.S. as a leader in cryptocurrency and blockchain. It emphasizes economic liberty, supports dollar-backed stablecoins, ensures fair banking access, and introduces a President’s Working Group for regulatory clarity. The order rejects central bank digital currencies, enabling a promising future for digital assets in the U.S.
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The Future of Digital Assets: Lummis Chairs New Subcommittee
Read More: The Future of Digital Assets: Lummis Chairs New SubcommitteeU.S. Senator Cynthia Lummis has been appointed chair of the Senate Banking Subcommittee on Digital Assets, highlighting Congress’s commitment to digital finance. The subcommittee will pursue bipartisan legislation and regulate financial agencies while promoting U.S. leadership in blockchain and cryptocurrency, aiming for a balanced approach between innovation and consumer protection.
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Crypto Regulation Revolution: SEC’s Task Force Explained
Read More: Crypto Regulation Revolution: SEC’s Task Force ExplainedIn a pivotal move that could reshape the future of digital assets, the U.S. Securities and Exchange Commission (SEC) recently announced the formation of a Crypto Task Force. This group will aim to shift the agency away from a regulation-by-enforcement approach and towards creating a more comprehensive regulatory framework for cryptocurrency—a move that many in…
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Atkins and Sacks: Pioneers of Crypto Regulation?
Read More: Atkins and Sacks: Pioneers of Crypto Regulation?Kelman Law looks into how the nomination of Atkins and the appointment of Sacks may change the regulatory landscape of crypto and digital assets.