The European Union is set to launch wide-reaching AML regulatory changes that will enhance regulatory controls in traditional finance as well as in the crypto space. Regulation (EU) 2024/1624 will come into force in July 2027 and establish a €10,000 cash transactions limit across the EU. Legislators from Europe drafted
Circle gave feedback on the European Union’s Market Integration Package, with a focus on enhancing the clarity of regulations in the digital asset space. The company emphasized the need for unified regulations that bring together supervision, licensing, and operational regulations Officials emphasized that a unified framework could help simplify compliance
A recent project research from Gujarat National Law University advises India to create a clear crypto-asset regulatory framework, proposes a systematic framework for regulation, and provides a thorough analysis of India’s actual stance on crypto-assets. The project report, titled “Crypto-Assets in India: Assessing the Case for Regulation.” Which was prepared
Tether has frozen approximately $4.2 billion worth of its USDT stablecoin over links to illicit activity, the company confirmed. The El Salvador-based issuer said it carried out most of these freezes in the past three years as global enforcement efforts intensified. The stablecoin giant, which now has more than $180
Taylor Lindman has joined the US Securities and Exchange Commission’s Crypto Task Force as its new chief counsel. Lindman previously served as Deputy General Counsel at Chainlink Labs, where he spent over five years navigating digital asset regulation. This was confirmed by Chainlink Labs in a statement, where they thanked
U.S. officials met with banking leaders and crypto industry representatives at the White House on Thursday to revisit one of the most divisive issues in digital-asset legislation: stablecoin rewards. Lawmakers continue to debate how to regulate yield or incentive programs tied to dollar-pegged tokens under the proposed CLARITY Act. The
Hyperliquid has stepped into Washington’s policy arena with the launch of a new advocacy arm focused on decentralized finance. The Hyperliquid Policy Center officially opened in Washington, DC, aiming to shape US regulation at what its leaders describe as a critical moment for crypto legislation. The organization appointed Jake Chervinsky
Nevada has escalated its fight against prediction market platform Kalshi by filing a civil enforcement action in Carson City District Court. The Nevada Gaming Control Board (NGCB) claims that Kalshi’s sports-linked event contracts amount to unlicensed gambling under state law. Regulators seek declaratory relief and an injunction to block Kalshi
Russian officials say citizens move more than $129 billion in crypto each year outside formal oversight, prompting renewed calls for regulation. At the Alfa Talk conference, Deputy Finance Minister Ivan Chebeskov highlighted the scale of adoption. He said Russian citizens generate roughly 50 billion rubles in daily crypto turnover. That
The CLARITY Act debate has intensified after the Digital Chamber released a competing set of principles to challenge proposals backed by major U.S. banks. The blockchain trade association defended the current draft bill while signaling room for compromise on specific issues. The banking sector has pushed for tighter restrictions, particularly
