

This week in crypto law marked a significant transition from experimentation to integration. Federal courts affirmed regulatory authority over crypto, with a judge blocking Arizona’s criminal case against Kalshi, a prediction market platform. Kraken gained direct Federal Reserve access, prompting debates on systemic risks. Wisconsin enacted regulations targeting crypto ATMs to enhance consumer protection. The…

The first week of April highlighted the ongoing integration of cryptocurrency into the traditional financial system amid evolving regulations. Coinbase is nearing federal banking status, while Franklin Templeton is enhancing its crypto investment presence. Legal risks are emphasized by World Liberty Financial’s sanctions-related scrutiny. The U.S. Treasury calls for a comprehensive crypto legislation to maintain…

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 past week delivered major developments across crypto litigation, regulation, and capital markets. From a high-profile defamation suit involving Binance to new guidance from the U.S. Securities and Exchange Commission, regulators and courts continue to shape the legal framework governing digital assets. Below are the key stories defining crypto law this week. 1. Binance Sues…

A U.S. federal judge dismissed a lawsuit against Binance, stating that plaintiffs could not prove that the exchange knowingly facilitated terrorist activities. The case, involving over 500 victims related to attacks from 2017 to 2024, highlighted challenges in establishing liability for cryptocurrency platforms. Meanwhile, U.S. crypto legislation stalled due to disagreements over stablecoin rewards, reflecting…

A federal court has blocked Binance’s attempt to push token-sale lawsuits into arbitration, allowing investors to proceed in federal court. Turkey has proposed a new tax framework for cryptocurrencies, including a 10% tax on gains. A court dismissed liability claims against Uniswap, emphasizing the liability distinction for decentralized platforms. Kraken’s banking arm gained access to…

Stablecoins, previously operating in a regulatory gray area, are facing a potential shift towards a comprehensive federal supervisory framework following a proposed rule from the Office of the Comptroller of the Currency (OCC). This rule, part of the GENIUS Act, would require issuers to be designated as “Permitted Payment Stablecoin Issuers,” effectively regulating them like…

The Clarity Act has a high likelihood of passing soon, according to Ripple’s CEO, with key components debated, particularly around stablecoin structures. A March 1 deadline set by the White House aims to resolve these issues, potentially facilitating comprehensive digital asset legislation. The SEC has eased capital treatment for certain stablecoins, enhancing their appeal for…

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.…

In Paul Atkins’ speech, “The SEC’s Approach to Digital Assets,” he indicates a shift in the SEC’s regulatory stance, from strict enforcement to embracing digital asset innovation while prioritizing market integrity. He introduces a taxonomy for digital assets, distinguishing between securities and non-securities based on their functionality. Atkins highlights that tokens might evolve from investment…