Uzbekistan starts HUMO stablecoin payment pilot with government securities backing
The som-pegged token will be tested with participating merchants as regulators examine reserves, payment infrastructure and consumer safeguards.
Policy News
Crypto regulation, legislation and public-policy developments.
AUSTRAC Reports Action Against 45 Payment and Crypto Providers
Australia's regulator reports 45 registration actions across remittance and virtual asset businesses, highlighting its earlier GetCoins cancellation.
Russia’s Alfa-Bank Tests Crypto Trading As Digital Asset Rules Advance
Alfa-Bank is testing crypto trading for qualified investors through its Alfa-Investments app. The bank plans to launch broader crypto services after Russia finalizes digital asset legislation, with a possible wider rollout in late 2026.
Galaxy Cuts CLARITY Act Passage Odds To 50% As Senate Calendar Tightens
Galaxy Digital has lowered its 2026 CLARITY Act passage odds to 50%, citing a shrinking Senate calendar and no firm floor schedule. The bill remains important for US crypto regulation, but competing priorities such as the SAVE Act, FISA and the defense authorization bill could delay its progress.
Trump Delays Housing Bill Signing, Leaving US CBDC Ban on Hold
Trump has delayed signing a housing bill that includes a temporary ban on the Federal Reserve creating a CBDC. The bill also protects certain dollar-backed stablecoins from being treated like a central bank digital currency. The move could raise questions about whether other crypto legislation, including the CLARITY Act, may also face delays.
Ripple Secures Preliminary MiCA Approval in Luxembourg Ahead of EU Crypto Deadline
Ripple has received preliminary approval for a crypto asset service provider license in Luxembourg ahead of the European Union’s July 1 MiCA deadline. Once finalized, the license will allow Ripple to offer regulated crypto and stablecoin payment services across the European Economic Area, strengthening its position in Europe’s digital asset market.
New York Judge Delays Hearing On Aave’s Request To Unfreeze $71M In ETH
A New York judge has delayed a decision on Aave’s request to unfreeze $71 million in ETH linked to the Kelp DAO exploit. The court wants more legal clarification before moving forward with the case. Meanwhile, recovery efforts for affected rsETH users continue across the DeFi ecosystem.
Coindcx Launches $11M Anti-Fraud Initiative After Court Clears Founders In Impersonation Case
CoinDCX is investing $11 million to combat crypto fraud after its founders were cleared in an impersonation-related case. The exchange plans to address phishing and fake websites through a new Digital Suraksha Network. The move highlights rising concerns around user safety as India’s crypto market continues to grow.
Nyse Parent Ice Invests $600M In Polymarket, Expands Bet On Prediction Markets
ICE has invested $600 million more into Polymarket, moving forward its $2 billion plan and signaling strong institutional interest in prediction markets. The move comes as regulators increase scrutiny on the sector across multiple US states.
Texas Court Dismisses Crypto Developer’s Case Seeking Protection From Money Transmitter Laws
A Texas court dismissed a crypto developer’s case seeking protection from money transmitter laws, citing no immediate risk of prosecution. The ruling leaves uncertainty for developers, with industry leaders calling for clearer regulations through new legislation.
cz says centralized exchanges have no incentive to aid terrorists after us court throws out binance lawsuit
A US federal judge dismissed a lawsuit accusing Binance and its founder Changpeng Zhao of helping terrorist groups move funds through crypto transactions. CZ said centralized exchanges have no incentive to support such activity. The case may still continue if plaintiffs file a revised complaint within 60 days.
$1.2M windfall on Polymarket raises insider trading concerns ahead of ZachXBT’s Axiom exposé
A handful of wallets made over $1.2 million betting on a Polymarket contract tied to ZachXBT’s investigation into Axiom, raising insider trading concerns. Onchain researchers say several top-profit addresses show suspicious trading patterns. The case adds to mounting regulatory scrutiny of decentralized prediction markets worldwide.
Deutsche Bank-backed AllUnity debuts MiCA-compliant Swiss franc stablecoin on Ethereum
AllUnity has launched CHFAU, a Swiss franc–pegged stablecoin issued under MiCA compliance after securing a BaFin license. The token targets institutional settlement use cases and expands the firm’s regulated stablecoin portfolio. While CHF stablecoins have historically seen limited adoption, AllUnity is betting that regulatory clarity will drive institutional demand.
Sygnum rolls out institutional crypto mandate service targeting $100B corporate treasury sector
Sygnum has launched a discretionary crypto asset management service targeting the $100 billion corporate treasury market. The bank is already managing $200 million under live mandates, aiming to bring traditional portfolio discipline to digital assets. The move reflects rising institutional demand for regulated, active oversight of crypto-heavy balance sheets.
UK lawmaker calls for temporary freeze on crypto political donations over foreign interference fears
A UK security committee chair has proposed a temporary ban on crypto political donations over foreign interference concerns. The plan would pause contributions until clearer regulatory guidance is issued. The move highlights growing scrutiny of digital assets in political fundraising.
Standard Chartered reaffirms $2T stablecoin forecast, cuts T-bill demand outlook
Standard Chartered still expects the stablecoin market to reach $2 trillion by 2028, calling recent stagnation cyclical. However, it cut its forecast for stablecoin-driven T-bill demand to $800 billion–$1 trillion. The bank remains constructive on long-term crypto growth, even as it trims near-term Bitcoin price targets.
Capital shifts from token launches to crypto stocks as post-TGE losses mount, DWF says
DWF says over 80% of 2025 token launches are trading below their listing price, with many falling 50–70% within months. At the same time, crypto IPO and M&A activity is surging, suggesting capital is rotating into regulated equity exposure. Investors appear to be favoring structure, transparency and enforceable rights over token speculation.
Nevada sues Kalshi after appeals court clears path for state action over sports prediction markets
Nevada has sued Kalshi after a federal appeals court allowed state regulators to move forward over its sports contracts. Kalshi argues it is governed solely by the CFTC, not state gaming laws. The case could define how prediction markets are regulated across the US.