The SEC’s pivot from registration wars to fraud enforcement
SEC enforcement volume fell 60% between 2024 and 2025 as the agency shifted focus from registration-theory cases to direct fraud prosecution. While major exchange cases…
Policy & law
Crypto regulation news: SEC and CFTC actions, stablecoin bills, EU MiCA, tax reporting rules, CBDCs and court rulings shaping digital assets.
SEC enforcement volume fell 60% between 2024 and 2025 as the agency shifted focus from registration-theory cases to direct fraud prosecution. While major exchange cases…
Coinbase maintains authorization as a crypto-asset service provider under the MiCA regulation while OKX manages a US$25 billion valuation and the X Layer blockchain…
Kraken plans a MiCA-compliant EU exchange launch in November 2026 following its Irish VASP authorization and Czech Republic hub launch. This expansion occurs as…
The SEC issued SAB 122 in January 2025 to replace the SAB 121 mandate that required custodians to record crypto assets as full balance sheet liabilities. This shift to…
MiCA compliance mandates favor issuers like Circle and Société Générale as Tether faces delisting risks in the EEA. While EURC monthly volumes surged 1,139% following…
SEC enforcement actions dropped to 372 in 2025 as Chair Paul Atkins redirected resources toward fraud. A joint SEC-CFTC interpretation now classifies 16 assets…
The 10th Circuit Court of Appeals upheld the Federal Reserve's decision to deny Custodia Bank access to its payment rails. This ruling reinforces the Fed's broad…
Base maintains 1.5 million daily active addresses and $2.49 billion in total value locked despite ongoing SEC legal battles involving Coinbase. Meanwhile, Robinhood's…
Michael Selig leads the CFTC as the sole commissioner following the replacement of Rostin Behnam. The agency is shifting enforcement focus toward fraud and market…
Jump Crypto's Firedancer client achieved a 1 million TPS testnet milestone, yet Solana faces significant risks from Agave code dependency and Jito Labs MEV…
HKMA issued stablecoin licenses to Anchorpoint Financial and HSBC requiring HKD 25,000,000 in minimum capital. While HashKey scales following its HK$18.5 billion…
The Monetary Authority of Singapore amended the Payment Services Act to include new digital asset custody guidelines. This regulatory shift follows DBS Digital Exchange…
Circle secured EU-wide approval for USDC and EURC in 2024, while Tether's EURT market cap fell to $27 million following its decision to focus on non-MiCA compliant…