Your essential source for crypto regulation news, legal developments, and policy analysis affecting the cryptocurrency industry.
Regulation
Florida lawmakers have approved what is widely considered the first comprehensive state-level regulatory framework for stablecoins in the United States, potentially setting a precedent for how digital dollar tokens are governed at the state level. Senate Bill 314 cleared the state Senate with a decisive 37–0 vote, moving the
Regulation
The US Securities and Exchange Commission said it will end its lawsuit against crypto billionaire Justin Sun. A firm affiliated with him, Rainberry Inc., agreed to pay a $10 million civil penalty under a settlement that still needs a judge’s approval. The SEC said it would drop all claims
Regulation
The Federal Reserve has approved a master account for Kraken Financial, granting the crypto-focused institution direct access to central bank payment rails. The decision immediately triggered objections from major U.S. banking trade groups concerned about regulatory parity and systemic risk. The approval came from the Federal Reserve Bank of
Regulation
President Donald Trump is taking a hard line against major US banks. In a recent social media post on Tuesday, he accused the banking sector of undermining the GENIUS Act and holding the highly anticipated CLARITY Act hostage. The dispute centers on who gets to profit from stablecoin yields. Trump
Regulation
Federal prosecutors and U.S. law enforcement have frozen or seized more than $580 million in cryptocurrency tied to Chinese transnational criminal organizations, the U.S. Attorney’s Office for the District of Columbia said Thursday. The haul marks a significant escalation in enforcement against offshore investment fraud that defrauds
Regulation
The Federal Reserve has opened a 60-day public comment period to permanently remove “reputation risk” from bank supervision. The proposal aims to prevent regulators from discouraging banks from serving lawful but politically sensitive sectors, including digital asset firms. The move would codify a June 2025 clarification that reputation risk should
Regulation
The U.S. Securities and Exchange Commission has appointed a senior Chainlink attorney as chief counsel of its Crypto Task Force. The move deepens the regulator’s bench of industry veterans as it seeks to recalibrate digital asset oversight. Chainlink confirmed on Feb. 23 that Taylor Lindman departed after five
Regulation
Crypto.com has received conditional approval from the U.S. Office of the Comptroller of the Currency to pursue a federally chartered national bank license. The move would place the exchange under federal supervision and expand its ability to custody digital assets within a unified regulatory framework. The company said
Regulation
The Securities and Exchange Commission (SEC) reduced the capital haircut on qualifying payment stablecoins from 100% to 2%. The shift allows broker-dealers to treat $100 of approved stablecoins as $98 in net capital, aligning them with conservative money market funds. In new guidance from the Division of Trading and Markets,
Regulation
A federal judge in Tennessee blocked state enforcement against Kalshi’s sports event contracts. The ruling strengthens the platform’s claim that its contracts fall under exclusive federal commodities jurisdiction, limiting state-level gaming oversight. U.S. District Judge Aleta A. Trauger granted a preliminary injunction Thursday preventing Tennessee officials from
Regulation
Russia has tried to fully block WhatsApp in Russia, the company said. The move threatens access for more than 100 million users and raises new questions about how governments can steer encrypted traffic at scale. Crypto and fintech groups run support and transfers over chat. WhatsApp, owned by Meta Platforms,
Regulation
The UK’s Financial Conduct Authority (FCA) has stepped up enforcement action against cryptocurrency exchange HTX, alleging the platform continued to market cryptoasset services to UK consumers in violation of financial promotion rules. In a statement released Tuesday, the regulator confirmed it has launched legal proceedings against HTX, formerly known