# Compliance Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Compliance", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

What’s next as GENIUS Act misses first major rulemaking deadline?

The GENIUS Act, the U.S. stablecoin framework passed in July 2027, has missed its first major rulemaking deadline. Regulators, including the Federal Reserve, were required to finalize rules by July 18, 2027, but none of the 10 related proposals have been officially completed. Six are past the comment period, while four remain open. Federal Reserve Chairman Kevin Warsh indicated final rules could be issued imminently. The banking industry has expressed concerns about the legislation creating an uneven playing field. Despite the regulatory delay, the stablecoin market has responded positively, with total supply growing from $250 billion to over $300 billion since the law's passage, and firms like Fidelity launching new offerings. Senator Bill Hagerty, a co-sponsor, hailed the act as a "watershed moment" for U.S. leadership in digital assets.

ambcrypto2 days ago 18:02

What’s next as GENIUS Act misses first major rulemaking deadline?

ambcrypto2 days ago 18:02

CLARITY Act Delays Bring Imminent Corporate Compliance Crisis, Not Just Political Deadlock

The CLARITY Act, which would clarify whether digital assets are regulated by the SEC or CFTC, remains stalled in the Senate a year after being passed by the House. This delay is no longer just political gridlock but an urgent compliance deadline for corporate boards and risk officers. While related stablecoin and anti-CBDC bills have become law, the market-structuring CLARITY Act faces four main Senate hurdles: ethics concerns over official holdings, law enforcement opposition to certain liability shields, potential stablecoin yield loopholes, and vacancies at the CFTC and SEC. With the Senate's pre-recess voting window closing fast and slim margins, failure to pass the bill risks postponing clear rules until 2030, leaving "regulation by enforcement" as the default. This uncertainty forces companies to build compliance on shifting jurisdictional lines and inflates legal costs. Regardless of the legislative outcome, compliance leaders are advised to immediately map all digital asset exposures, document their classification rationale, prepare board briefings for both regulatory scenarios, and stress-test their arrangements. The promise of regulatory clarity from Congress hangs in the balance, but corporate preparedness does not.

marsbit07/18 14:10

CLARITY Act Delays Bring Imminent Corporate Compliance Crisis, Not Just Political Deadlock

marsbit07/18 14:10

SEC E-Delivery Proposal Moves Fund Disclosures Further Into The Digital Era

The SEC is advancing a proposal to modernize the electronic delivery of investment disclosures, which will impact regulated crypto products like ETFs and funds. While not directly affecting crypto prices, the change highlights how mainstream crypto access depends on traditional financial infrastructure, including prospectuses, risk disclosures, and fund updates. The shift from paper to digital delivery aligns with how investors already use apps and online platforms, potentially making communications faster and more efficient. However, the SEC must balance modernization with ensuring investors actually receive and understand critical information. For crypto issuers, this underscores that integration into regulated markets brings obligations around disclosure systems and compliance, making such operational details increasingly significant as the asset class matures.

bitcoinist07/18 01:21

SEC E-Delivery Proposal Moves Fund Disclosures Further Into The Digital Era

bitcoinist07/18 01:21

SEC Crypto Rulemaking Enters White House Review As Industry Waits For Details

The SEC's proposed crypto regulation framework has entered White House review, marking a potential shift from enforcement-based oversight to formal rulemaking. This move could provide the industry with long-sought clarity, allowing companies to review, comment on, and prepare for specific rules. A central and complex focus of the proposal is expected to be establishing "safe harbors" for decentralized finance (DeFi), which must distinguish genuine decentralization from disguised control. While a formal proposal offers a concrete basis for debate, the industry will scrutinize whether it provides a workable path forward or simply repackages existing regulatory pressure. The details will determine if this step leads to constructive market structure or deeper conflict.

bitcoinist07/18 00:32

SEC Crypto Rulemaking Enters White House Review As Industry Waits For Details

bitcoinist07/18 00:32

CLARITY Act Delays Have Become a Compliance Crisis, Not Just a Political Impasse

A year after the passage of three landmark digital asset bills in the U.S. House of Representatives, two have become law, while the critical CLARITY Act remains stalled in the Senate. This bill, which would definitively classify digital assets as either securities (SEC-regulated) or commodities (CFTC-regulated), has evolved from a political issue into a pressing compliance deadline for businesses. The ongoing delay perpetuates significant regulatory uncertainty, forcing companies to navigate a "regulation by enforcement" landscape that complicates governance, risk management, and strategic planning. With the Senate's legislative window rapidly closing before the August recess, the failure to pass the CLARITY Act could postpone comprehensive market structure legislation for years. Major sticking points in the Senate include ethical concerns over officials' crypto holdings, law enforcement opposition to certain liability shields, potential loopholes in stablecoin regulations, and vacancies at the key regulatory agencies (SEC and CFTC). This impasse stands in contrast to other jurisdictions, like South Africa, which are advancing with clear regulatory frameworks. Regardless of the legislative outcome, compliance leaders are urged to proactively audit their digital asset exposures, document their compliance rationale, and prepare contingency plans for both regulatory scenarios. The clarity promised by Congress remains incomplete, and businesses must prepare for either outcome.

marsbit07/17 10:10

CLARITY Act Delays Have Become a Compliance Crisis, Not Just a Political Impasse

marsbit07/17 10:10

CLARITY Act Delays Have Become a Compliance Crisis, Not Just a Political Stalemate

The article discusses the ongoing delay in the US Senate regarding the CLARITY Act, a bill intended to clarify the regulatory status of digital assets as either securities under the SEC or commodities under the CFTC. A year after the House passed it, this inaction is creating a concrete governance, risk, and compliance crisis for businesses, moving beyond mere political gridlock. While related bills for stablecoins and CBDC prohibitions have become law, the comprehensive CLARITY Act remains stalled. The delay creates profound uncertainty for companies on fundamental rules for exchanges, custodians, and all market participants. Without clear congressional action, regulatory classification depends on shifting enforcement actions and presidential administrations, making stable compliance impossible. The Senate's window for action is narrowing, with key votes needed before the August recess. Several major issues are blocking passage, including ethical concerns over crypto holdings by officials, law enforcement opposition to certain provisions, perceived loopholes for stablecoin rewards, and regulatory agency vacancies at the SEC and CFTC. Bipartisan support is fragile. Further delay risks postponing the legislation until 2030, perpetuating a costly "regulation by enforcement" environment. In contrast, passage would provide a durable regulatory framework. Regardless of the outcome, compliance leaders are urged to immediately map their digital asset exposures, prepare governance materials for both scenarios, and stress-test their arrangements. The article concludes that while the Senate's action is uncertain, corporate preparedness is not.

Foresight News07/17 09:31

CLARITY Act Delays Have Become a Compliance Crisis, Not Just a Political Stalemate

Foresight News07/17 09:31

Understanding the Stablecoin Industry Chain in One Article: The Real Profits Are Not in the Issuance

Understanding the Stablecoin Industry Value Chain: The Real Profits Are Not in Issuance The article argues that while industry discussion focuses on stablecoin issuers like Tether and Circle, the real profit opportunities lie further down the value chain. It breaks the stablecoin ecosystem into five key segments: issuance, on/off-ramps, on-chain transfers, payments, and yield generation/asset growth. Issuance is dominated by a few giants with massive scale and trust advantages, making direct competition difficult. New entrants are advised to focus on specialized infrastructure roles within this segment instead. The on/off-ramp sector faces intense competition and margin pressure on basic transaction fees, pushing service providers to expand into adjacent services for recurring revenue. The on-chain transfer segment, particularly for cross-border payments and payroll, offers significant cost advantages over traditional systems. Profits are not in the transfer itself but in the surrounding compliance, FX services, and leveraging idle funds. In payments, the core profitability lies not in consumer-facing card brands but in the backend infrastructure for issuing, clearing, and settlement. This allows players to capture reserve interest and improve capital efficiency through real-time, on-chain clearing. Finally, the asset growth/yield segment has evolved into a full-fledged on-chain asset management industry. It features layered models with specialized risk managers and offers products ranging from tokenized treasuries (RWA) to yield-bearing synthetic dollars. The future direction points towards integrating stablecoin advantages (24/7 clearing, low-cost transfers, programmable yield) into existing traditional financial infrastructure, as seen in recent acquisitions. Value is shifting downstream to the clearing/payments layer and towards compliant integration with traditional finance, including the rise of regional non-USD stablecoins.

Foresight News07/17 03:37

Understanding the Stablecoin Industry Chain in One Article: The Real Profits Are Not in the Issuance

Foresight News07/17 03:37

When Traditional Finance Fails People in Crisis, Bitcoin Succeeds

When traditional finance fails to reach people in crisis, Bitcoin succeeds. This article highlights how fundraising platforms like GoFundMe face severe limitations in delivering aid to conflict zones like Gaza due to banking regulations, sanctions, and compliance rules. For instance, Sami Jamal Al-Shannat raised over £55,000 for his family but couldn't receive the funds directly; instead, money had to be routed through a beneficiary in another country, leading to disputes and loss of access. The piece explores how compliance requirements often force reliance on intermediaries, shifting risk and responsibility away from platforms and onto individuals. In contrast, Bitcoin and blockchain-based platforms like Geyser and Agora enable direct, peer-to-peer transactions, bypassing traditional financial bottlenecks. These platforms shift trust from centralized institutions to verifiers—local partners or trusted organizations—who validate projects, allowing donors to send funds directly to recipients' wallets. While not a panacea, Bitcoin offers a way to circumvent "transnational financial repression," where sanctions and AML rules inadvertently harm legitimate aid recipients, activists, and dissidents. The conclusion emphasizes that open payment networks and decentralized trust models represent a systemic shift, empowering beneficiaries and providing more resilient humanitarian fundraising in crisis situations. However, challenges around verification, accountability, and fraud prevention remain.

marsbit07/17 02:09

When Traditional Finance Fails People in Crisis, Bitcoin Succeeds

marsbit07/17 02:09

a16z: The 'Convergence of DeFi and TradFi' is a False Proposition

Title: a16z: "The Fusion of DeFi and TradFi" is a False Proposition In the crypto industry, a common vision is that DeFi and TradFi will merge, creating a hybrid system. This article argues this is largely incorrect. The more honest trajectory is that TradFi will adopt specific blockchain components that improve its existing operations—reducing costs, improving settlement, expanding distribution, and tightening client control—without embracing the core tenets of decentralization like open access or permissionless execution. This is not a fusion but the emergence of a new category: programmable financial infrastructure optimized for institutional constraints, running on blockchain rails. Institutions adopt components like atomic settlement, shared ledgers, and programmable money only when they improve efficiency without compromising control or compliance (e.g., KYC, AML). Projects from J.P. Morgan or BlackRock use blockchain's technical attributes while deliberately discarding DeFi's permissionless nature. For entrepreneurs, this presents two distinct, parallel opportunities. The first is building infrastructure that institutions are ready to adopt today, validating the technology and bringing real volume on-chain. The second is continuing to build the open, crypto-native DeFi system that institutions aren't yet ready for. These paths are complementary, not competitive. The open network remains the primary lab for innovation, whose validated components institutions later adapt. Successful companies must choose their target market clearly. Building for institutions requires understanding procurement, compliance, and risk models, which differs fundamentally from building for open networks focused on developers and composability. The future may see both layers relying on the same public blockchain settlement layer, but convergence won't happen through one assimilating the other. TradFi isn't adopting DeFi; it's selectively using parts that fit its model.

marsbit07/16 13:54

a16z: The 'Convergence of DeFi and TradFi' is a False Proposition

marsbit07/16 13:54

When Traditional Finance Couldn't Reach People in Crisis, Bitcoin Did

When traditional finance fails to reach people in crisis, Bitcoin can step in. This article, based on a report by Forbes, details the struggles of humanitarian crowdfunding due to banking regulations, sanctions, and compliance rules. The piece highlights the case of Sami Jamal Al-Shannat in Gaza, who raised funds via GoFundMe but couldn't receive the money directly due to platform restrictions, forcing reliance on an intermediary which later failed. This exposes a systemic flaw: platforms like GoFundMe, bound by traditional finance rules, often cannot send funds directly to crisis zones, creating dependency and risk. The article contrasts this with Bitcoin's potential. It cites how the Open Dialogue Foundation used Bitcoin to bypass delays and send aid to Ukraine immediately after Russia's invasion. Developers argue the current model relies on too many intermediaries, especially for cross-border or restricted jurisdictions. The core issue is identified as *trust*. Donors don't know recipients, relying on platforms and middlemen for verification. New platforms like Geyser and Agora are attempting to redesign this trust architecture. Geyser uses a network of "Field Partners" to vet local projects. Agora removes the platform from the payment flow; donations go directly to a recipient's crypto wallet, with trust placed in third-party verifiers (like known organizations) who vouch for projects, not control the funds. This shift empowers recipients with direct control over funds—a significant change for those in traumatic situations. However, challenges remain: wallet security, the need for project verification, and ensuring accountability for fund use are not solved by direct payments alone. The problem extends beyond crowdfunding. Financial sanctions and complex regulations increasingly hinder legitimate cross-border funding for activists, journalists, and NGOs, sometimes amounting to "transnational financial repression." Bitcoin-based tools are becoming a necessary lifeline. In conclusion, while Bitcoin and open payment networks don't eliminate the need for judgment and accountability, they enable a systemic shift. They allow direct beneficiary control and decentralized trust networks, bypassing the legacy financial restrictions that prevent traditional platforms from reaching those most in need.

Foresight News07/16 11:20

When Traditional Finance Couldn't Reach People in Crisis, Bitcoin Did

Foresight News07/16 11:20

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