Legislation News

Nigel Farage’s Reform UK reportedly secured a second boost of 3 million British pounds ($4 million) from Thailand-based crypto investor Christopher Harborne

Lawmakers asked if stablecoins could drain bank deposits and threaten financial stability, while Coinbase and Innovate Finance warned that strict regulation risks driving innovation offshore.

The amendment appears in a broader housing bill and revives language from earlier standalone efforts to block a Fed-issued digital dollar.

The ruling keeps pre‑2019 investor claims in open court and rejects Binance’s bid to send the dispute to private arbitration in Singapore.

The OCC’s proposal to implement the GENIUS Act would bar yield on payment stablecoins and introduce a rebuttable presumption against common issuer-affiliate reward structures.

A proposed law would require online investment influencers to reveal their holdings and paid promotions, with penalties potentially comparable to market manipulation violations.

The Blockchain Association urged Congress to exempt low-dollar crypto transactions and tax mining and staking rewards upon sale.

US Federal Judge Aleta Trauger granted Kalshi a preliminary injunction against Tennessee, finding its sports event contracts fall under CFTC jurisdiction.

The decentralized exchange has begun offering crypto perpetual swaps after receiving a test license from Bermuda’s regulator, operating under DAO governance and formal oversight.

South Korea reopens crypto to corporations with strict caps and asset limits. This is part of a broader strategy that includes stablecoin legislation and potential spot crypto ETFs.

The US National Credit Union Administration proposed a federal licensing regime for payment stablecoin issuers operating through credit union subsidiaries.

The dual-token structure seeks to sidestep US restrictions on yield-bearing stablecoins by separating returns from the stable unit itself.

The American Bankers Association pressed the OCC to delay new national trust bank charters for crypto and stablecoin firms until the GENIUS Act framework is fully in place.

The second meeting between crypto and the banks at the White House over the crypto market structure bill has yet to come to an agreement on stablecoin provisions.

Industry groups and exchanges said the United Kingdom’s slow, overlapping crypto rules and compliance frictions are undermining its “global hub” ambition.