Regulatory Policy

Focuses on global regulatory developments, policy changes, and compliance requirements. It provides in-depth analysis of government regulations and their impact on the cryptocurrency and blockchain industries, helping businesses and investors proactively manage policy-related risks.

Bitnomial gains CFTC approval to launch prediction markets in the US

Bitnomial Clearinghouse LLC has obtained approval from the U.S. CFTC to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and provide clearing services to external platforms. The prediction markets will cover crypto and economic events, allowing traders to take positions on outcomes like token prices and macroeconomic data. This expands Bitnomial’s existing suite of Bitcoin and crypto derivatives products. The company’s operates as an infrastructure-only clearing provider, offering margin and settlement systems with support for both USD and cryptocurrency collateral. The approval follows recent regulatory clearance for Bitnomial to operate a CFTC-regulated spot crypto exchange. The article also notes the growing momentum of prediction markets in the U.S., highlighting platforms like Kalshi and Polymarket, the latter of which recently received CFTC approval for intermediated trading platform operations.

cointelegraph12/12 21:24

Bitnomial gains CFTC approval to launch prediction markets in the US

cointelegraph12/12 21:24

Ripple, Circle, Paxos Secure Path To National Banking Charters In The US

The Office of the Comptroller of the Currency (OCC) has granted conditional approval for national trust bank charters to several major crypto firms, including Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos. Once fully approved, these charters will allow the companies to manage and hold digital assets on behalf of customers, enabling faster payment settlements. Currently, Anchorage Digital is the only other crypto firm with such a charter. Ripple’s CEO Brad Garlinghouse hailed the move as a significant step for the company’s stablecoin, RLUSD, and criticized banking lobbyists for "anti-competitive tactics." The OCC emphasized that each application underwent rigorous review and that these approvals modernize the financial system and expand access to innovative products.

bitcoinist12/12 19:56

Ripple, Circle, Paxos Secure Path To National Banking Charters In The US

bitcoinist12/12 19:56

Ripple wins U.S. trust bank charter as Garlinghouse hits back at banking lobby

Ripple has received conditional approval from the OCC to form Ripple National Trust Bank, marking a major U.S. regulatory breakthrough for a crypto-native company. This charter, part of a broader approval for five digital-asset firms, allows Ripple to operate within the federal banking system, reducing barriers to institutional partnerships. CEO Brad Garlinghouse criticized traditional banking lobby efforts to delay crypto integration, emphasizing compliance under OCC supervision. Ripple’s stablecoin, RLUSD, will now operate under dual OCC and NYDFS oversight, positioning it among the most regulated stablecoins and enabling competition with USDC and PYUSD. The approvals signal a federal shift toward integrating blockchain infrastructure into traditional finance.

ambcrypto12/12 17:25

Ripple wins U.S. trust bank charter as Garlinghouse hits back at banking lobby

ambcrypto12/12 17:25

Crypto industry, trade unions clash over multi-trillion dollar retirement funds

A dispute has emerged in Washington between the cryptocurrency industry and labor unions over proposed legislation that would allow cryptocurrencies, such as Bitcoin, to be included in 401(k) retirement accounts. Labor unions, including the American Federation of Teachers (AFT) and the AFL-CIO, argue that cryptocurrencies are too volatile and speculative for retirement savings, posing significant risks to workers' financial security. They oppose regulatory changes that would permit exposure to such assets in pension plans. In response, crypto industry representatives contend that the proposed bill would improve oversight and allow retirement funds to access a high-performing asset class. They accuse unions of being politically motivated and dismiss their concerns as uninformed. The debate highlights a broader clash between proponents who see crypto as a means of financial democratization and critics who warn against its unregulated and risky nature.

cointelegraph12/12 16:42

Crypto industry, trade unions clash over multi-trillion dollar retirement funds

cointelegraph12/12 16:42

Paxos, Fidelity, Ripple, BitGo, and Circle secure US trust bank approvals

The US Office of the Comptroller of the Currency (OCC) has conditionally approved five national bank charter applications from companies in the digital assets sector. BitGo, Fidelity, and Paxos received approval to convert their existing state-level trust companies into federally chartered national trust banks. Additionally, Circle and Ripple were conditionally approved for new national trust bank charters. The Comptroller of the Currency, Jonathan Gould, stated that new entrants into the federal banking system benefit consumers, the industry, and the economy, emphasizing the OCC's commitment to supporting both traditional and innovative financial services.

cointelegraph12/12 16:30

Paxos, Fidelity, Ripple, BitGo, and Circle secure US trust bank approvals

cointelegraph12/12 16:30

Financial Times: Why the world should be worried about stablecoins

The article from the Financial Times argues that the global push for dollar-denominated stablecoins, particularly from the US, is a cause for serious concern. While stablecoins are promoted as a solution to high US payment costs and inefficient cross-border transfers, their adoption primarily benefits issuers, criminals, and the US Treasury by helping finance its deficits. However, stablecoins lack the stability, transparency, and regulatory oversight of traditional money. They fail key tests of singleness (uniform value), resilience, and integrity (resisting illicit activity), as highlighted by institutions like the BIS. The author suggests that instead of embracing these risky private currencies, other countries—especially in Europe—should develop their own well-regulated digital payment systems. The piece concludes that the current US approach to stablecoins is predatory and could have disastrous consequences, warranting global resistance.

marsbit12/12 15:58

Financial Times: Why the world should be worried about stablecoins

marsbit12/12 15:58

Europe reconsiders crypto oversight as ESMA centralization gains momentum

Europe is reconsidering the enforcement structure of its Markets in Crypto-Assets (MiCA) regulation, debating whether to centralize oversight under the European Securities and Markets Authority (ESMA) rather than leaving it with national authorities. While MiCA aims to create a unified rulebook for crypto service providers in the EU, significant disparities in implementation have emerged. For example, Germany has granted around 30 licenses, while Luxembourg has approved only three. These inconsistencies have fueled support for a centralized model, with countries like France, Austria, and Italy backing the move. Experts like Lewin Boehnke of Crypto Finance Group argue that while MiCA’s regulatory approach is sound, centralization could improve efficiency and uniformity. However, technical ambiguities—such as the requirement for custodians to return assets “immediately”—still need clarification from ESMA.

cointelegraph12/12 15:54

Europe reconsiders crypto oversight as ESMA centralization gains momentum

cointelegraph12/12 15:54

Wall Street goes on-chain: DTCC gets SEC nod to tokenize $99T market

The Depository Trust & Clearing Corporation (DTCC) has received a critical No-Action Letter from the SEC, allowing its subsidiary DTC to begin tokenizing traditional securities. This regulatory milestone permits the use of blockchain technology to introduce features like 24/7 trading and programmable assets into the $99 trillion market. The initial phase will focus on highly liquid assets like Russell 1000 stocks and U.S. Treasuries. DTCC will leverage its proprietary ComposerX platform to ensure these digital tokens maintain the same legal rights, investor protections, and operational resiliency as their counterparts. This move is a major step in bridging traditional finance and DeFi, accelerating the global shift toward real-world asset (RWA) tokenization.

ambcrypto12/12 14:02

Wall Street goes on-chain: DTCC gets SEC nod to tokenize $99T market

ambcrypto12/12 14:02

Pakistan clears Binance and HTX to seek local crypto licenses

Pakistan's Virtual Assets Regulatory Authority (PVARA) has granted preliminary no objection certificates (NOCs) to global cryptocurrency exchanges Binance and HTX, allowing them to begin the process of establishing local operations and applying for full licenses. This move is part of Pakistan's phased regulatory approach to crypto asset service providers, aligning with FATF Anti-Money Laundering (AML) policies. The announcement follows meetings between Pakistan's Finance Minister and key industry figures, including Binance executives and HTX adviser Justin Sun. Binance CEO Richard Teng confirmed the exchange also obtained an AML registration, marking a significant step toward deeper local collaboration and the development of a regulated digital asset ecosystem in Pakistan.

cointelegraph12/12 13:42

Pakistan clears Binance and HTX to seek local crypto licenses

cointelegraph12/12 13:42

UK MPs warn Bank of England stablecoin plans could drive innovation offshore

A cross-party group of UK MPs and Lords, including prominent figures like former Defense Secretary Sir Gavin Williamson and shadow Science and Tech Minister Viscount Camrose, has written to Chancellor Rachel Reeves expressing concerns over the Bank of England’s proposed stablecoin regulations. They warn that the plans could drive innovation and capital offshore by imposing restrictive measures such as prohibiting most wholesale stablecoin use outside a limited sandbox, banning interest on reserves, and setting impractical holding limits—£20,000 for individuals and around $13.3 million for businesses. The signatories argue that stablecoins are already a foundational part of the digital economy and that the UK’s approach risks making it a "global outlier," weakening London’s role as a financial hub. They emphasize that pound-pegged stablecoins represent less than 0.1% of global issuance and caution that overly strict rules may push activity toward dollar-based stablecoins like USDT and USDC. Industry leaders echo these concerns, stating that the proposed caps and reserve requirements—which mandate 40% of reserves be held as non-interest-bearing deposits—could limit functionality and encourage relocation to more flexible jurisdictions like the EU or U.S., which are adopting more innovation-friendly frameworks.

cointelegraph12/12 13:08

UK MPs warn Bank of England stablecoin plans could drive innovation offshore