Regulation
The Bank of New York Mellon (BNY), the world's largest custody bank with $48.8 trillion in assets under custody and administration, has announced the expansion of its cryptocurrency services in Abu Dhabi. The move positions the UAE capital as a key hub for the bank's
Regulation
The White House is expected to provide an update on the proposed U.S. Bitcoin strategic reserve within the next few weeks, according to a senior administration adviser. The announcement comes as the cryptocurrency community awaits clarity on the government's position regarding holding Bitcoin as a national asset.
Regulation
The White House's top crypto adviser, Patrick Witt, set a target date for July 4 to pass broad crypto legislation into law.
Regulation
US banks are mounting an aggressive lobbying effort to stall the CLARITY Act, even as key US lawmakers signal a fast-tracked timeline to put the bill on the president’s desk before July 4. The legislative clash centers on the Digital Asset Market Clarity Act, a sweeping regulatory framework that cle
Regulation
There will be no deal without an ethics provision in sweeping cryptocurrency market structure legislation, warned Sen. Kirsten Gillibrand.
Regulation
The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.
Regulation
The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework.
Regulation
Swiss crypto custodian Taurus has secured a Markets in Financial Instruments Directive (MiFID) license from Cyprus Securities and Exchange Commission, marking a significant expansion into European Union capital markets. The license enables Taurus to provide investment services and activities across all 27 EU member states through passporting rights, effectively broadening
Regulation
The CFTC is considering writing rules to further cement its stance on whether software developers should register as brokers with the agency.
Regulation
Brad Garlinghouse addressed attendees at a Tuesday crypto conference on the progress of the CLARITY Act after US lawmakers announced a compromise on stablecoin yield that could advance the legislation.
Regulation
Regional lenders gain access to infrastructure for stablecoins, tokenized deposits and crypto-backed lending without building systems in-house, signaling wider bank adoption.
Regulation
Sens. Alsobrooks and Tillis finalized a compromise Friday on language governing stablecoin yields in the Clarity Act.