Adrienne Harris will step down as superintendent of the New York Department of Financial Services, ending a four-year tenure that positioned her on the middle of Wall Street oversight and US crypto regulation. Governor Kathy Hochul announced on Monday that Harris will likely be succeeded by Kaitlin Asrow, who turns into appearing superintendent on Oct….
The UK monetary watchdog has accelerated its assessment of crypto functions, slicing approval occasions by two-thirds and lifting its acceptance price after years of criticism from business gamers. Since April, the Financial Conduct Authority (FCA) has cleared the registrations of 5 corporations, amongst them US funding big BlackRock and UK lender Standard Chartered, the Financial…
Pakistan has opened its doorways to worldwide crypto exchanges and digital asset service suppliers by inviting them to use for licenses to function underneath its newly fashioned regulatory authority. The Pakistan Virtual Assets Regulatory Authority (PVARA), created underneath the Virtual Assets Ordinance 2025, reportedly issued a name for Expressions of Interest this Saturday from companies…
India is leaning in opposition to introducing a complete crypto regulation and can as a substitute keep partial oversight of the sector, a authorities doc exhibits. Officials concern that integrating digital property into the nation’s mainstream monetary system might heighten systemic dangers. The doc, ready this month and reported by Reuters, exhibits the Reserve Bank…
Twelve Senate Democrats launched a unified crypto regulation framework Tuesday, ending months of public silence on digital asset laws. According to a report by Axios, the group contains Mark Warner (Va.), Kirsten Gillibrand (N.Y.), Cory Booker (N.J.), Adam Schiff (Calif.), and Ruben Gallego (Ariz.), amongst others, who had beforehand averted articulating clear positions on complete…
A newly revised draft of the Responsible Financial Innovation Act of 2025 has been launched by US Senators, aiming to make clear the regulatory obligations of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Key Takeaways: The up to date 2025 crypto invoice proposes clear roles for the SEC and…
This week in crypto regulation, the storylines have been unusually cinematic. The Federal Reserve set the stage for a showdown over stablecoins, exhibiting the rising rigidity between technological improvement and oversight in world funds. Meanwhile, the Trump sons noticed a billion-dollar enhance from a Bitcoin mining enterprise, U.S. regulators cracked open the door for spot…
In keeping with Bloomberg, Katsunobu Kato, Japan’s finance minister, is pushing for an applicable crypto surroundings, calling for crypto to be part of diversified investments. Talking on the digital property discussion board WebX2025 in Tokyo on Monday, Minister Kato stated that crypto property belong to diversified portfolios. Finance Minister Highlights Correct Framework May Mitigate Crypto…
India’s top tax authority has raised several questions to local crypto players whether India needs a new digital assets law. The Central Board of Direct Taxes (CBDT) has also inquired whether the 1% tax-deducted-at-source (TDS) on every sale is excessive. Per a report by The Economic Times, the tax body has requested that crypto platforms…
This blog offers a preview of our series, “The Road to Regulation.” Download the full Part 2 chapter here. TL;DR Stablecoins have evolved beyond instruments for crypto trading to address real-world inefficiencies in payments and settlements, attracting increased attention from traditional financial institutions, corporates and regulators. As of July 2025, stablecoin regulation is fully or…