Regulation News
Hong Kong Tightens Crypto Rules as Asia's Regulatory Paths Diverge
As Japan reclassifies crypto as a financial instrument and South Korea opens its doors to corporate holders, Hong Kong is moving in the opposite direction.
GENIUS Act Deadline Splits Stablecoin Market Between USDC and USDT
A July 18 deadline for finalizing GENIUS Act rules is widening the compliance gap between USDC and Tether's offshore USDT.
Bank of Korea Clashes With Regulator Over Who Can Issue Stablecoins
The Bank of Korea wants stablecoin issuers to be at least 51% bank-owned, a rule the country's securities regulator says would shut out tech firms.
Trump Order Pushes Fed to Open Payment Rails to Crypto Firms
A May 2026 executive order directs regulators to study giving crypto and fintech companies direct access to Federal Reserve payment accounts.
Circle Shares Plunge 18% on CLARITY Act Draft Threatening Stablecoin Rewards
Circle stock fell as much as 22% on March 24 after a new CLARITY Act draft proposed barring rewards on passive stablecoin balances, threatening a key USDC growth driver.
SEC and CFTC Issue Joint Interpretation on Crypto Securities Law
The SEC released a landmark joint interpretation with the CFTC clarifying how existing US securities laws apply to crypto assets, a step toward reducing years of regulatory ambiguity.
Tether Commits to First Full Independent Reserve Audit
Tether confirmed on March 24 that it had engaged a Big Four accounting firm for its first full independent financial statement audit, moving beyond periodic attestations.
Stablecoin Market on Pace to Top $1 Trillion in 2026
Crypto ETF issuer 21Shares projects the stablecoin market could triple to exceed $1 trillion in 2026, supported by the GENIUS Act and growing institutional settlement demand.
Trump's Tariff Announcement Deepens Crypto Selloff
A 15% global tariff announced by President Trump in late February pushed inflation expectations higher and took further rate cuts off the table, deepening crypto's decline.