Your essential source for crypto regulation news, legal developments, and policy analysis affecting the cryptocurrency industry.
Regulation
MetaMask, one of the world’s most widely used self-custodial crypto wallets, is taking a bold step into stablecoin issuance. On August 21, Consensys, the company behind MetaMask, announced the debut of MetaMask USD (mUSD)—a dollar-pegged stablecoin built in collaboration with Bridge, a Stripe-owned firm, and infrastructure provider M0.
Regulation
Illinois Governor J.B. Pritzker has signed two new cryptocurrency bills into law, establishing the first consumer protection framework for digital assets in the Midwest. The move came with sharp criticism of former President Donald Trump, whom Pritzker accused of letting “crypto bros” shape federal policy. Gov. Pritzker Signs Historic
Regulation
South Korea’s top financial regulator has ordered local crypto exchanges to suspend lending services, citing legal and consumer protection concerns. The Financial Services Commission (FSC) announced on August 19 that it had issued legal notices to exchanges, instructing them to pause crypto lending until formal guidelines are in place.
Regulation
The U.S. Federal Reserve has announced it's ending its specialized "Novel Activities Supervision Program," a move that could signal a more favorable regulatory environment for crypto. The program, which was launched in 2023, was designed to closely monitor banks that engaged with cryptocurrencies, fintech, and
Regulation
Terraform Labs co-founder Do Kwon is set to face roughly 12 years in a U.S. federal prison after pleading guilty to multiple fraud charges. The sentence, which comes with more than $19 million in penalties, is expected to be followed by deportation. Judge Paul Engelmayer, who is overseeing the
Regulation
Erebor, a soon-to-launch crypto-focused bank, is telling potential investors it expects to secure a federal bank charter in record time — and it’s not shy about why. In a fundraising memo seen by investors, the company claims it will get approval in “half the normal time,” citing the political connections
Regulation
Bitcoin is flirting with the $117,000 mark after reports surfaced that former U.S. President Donald Trump is preparing to sign a major executive order allowing cryptocurrencies and other alternative assets into 401(k) retirement plans.19 The proposal, aimed at reshaping how Americans invest for retirement, would direct
Regulation
In a closely watched case with broad implications for privacy and decentralization in crypto, Roman Storm, co-founder of Tornado Cash, was found guilty of operating an unlicensed money-transmitting business—but acquitted of more serious accusations, including money laundering and sanctions violations. The verdict lands after weeks of legal debate that
Regulation
Ripple’s Legal Battle Wasn’t Dragged by the SEC, Says Former Official As the long-running legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) inches toward resolution, a former SEC insider has come forward to challenge a widely held belief: that the Commission was
Regulation
The U.S. is making its most coordinated move yet to regulate crypto—and it’s not playing catch-up anymore. Both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are ramping up efforts to build a pro-innovation, pro-regulation framework for digital assets. The message is
Regulation
The El Salvadorian legislative assembly just made a major, and controversial, move, voting to eliminate presidential term limits. This bold reform, passed 57-3, means President Nayib Bukele, who already enjoys incredibly high approval ratings, can now seek re-election indefinitely. While this has drawn sharp criticism from human rights groups and
Regulation
In a significant shift for the UK’s crypto investment landscape, the Financial Conduct Authority (FCA) has announced plans to permit retail investors to access crypto exchange-traded notes (cETNs). The move marks the first time everyday investors in the UK will be able to trade these products, previously reserved for