Policy News — Page 2

Crypto regulation, legislation and public-policy developments.

UK Crypto Hub Vision Faces Test After Gemini Retreat

Gemini’s exit is testing the UK’s ambition to become a global crypto hub, with industry groups warning that slow, overlapping regulations and high compliance costs are pushing firms to jurisdictions that offer clearer and more predictable frameworks.

Australian court hits BPS Financial with $9.3M penalty over Qoin Wallet claims

Australia’s top financial regulator has won a decisive court ruling against BPS Financial over its Qoin Wallet product. The case reinforces ASIC’s hard line on unlicensed crypto activity and misleading claims. It also highlights how enforcement is tightening even as regulators selectively ease rules for compliant digital asset businesses.

Sen. Marshall pulls swipe fee amendment to smooth path for crypto market bill

Sen. Roger Marshall is backing off a swipe fee amendment that threatened to complicate a key crypto market structure bill. The move reflects growing pressure from the White House and party leaders to keep the legislation on track. Even without the amendment, the bill still faces a tight timeline and significant political hurdles.

Thailand moves toward crypto ETF framework as institutional demand builds

Thailand’s SEC plans to introduce crypto ETF and futures regulations as institutional interest grows, with digital assets set to be recognized as an official asset class alongside portfolio limits and tighter rules for financial influencers, even as regulators step up enforcement, including the temporary suspension of KuCoin Thailand’s operations.

Sygnum forecasts 2026 breakout for Bitcoin reserves and tokenized bonds as US rules take shape

Sygnum expects clearer US crypto regulation to pave the way for sovereign Bitcoin reserves and broader adoption of tokenization by banks in 2026, arguing that early state adopters could accelerate Bitcoin’s emergence as a global store of value despite ongoing political constraints. At the same time, the firm sees tokenized bonds moving steadily toward the financial mainstream as major institutions prepare to issue and manage debt directly on blockchain-based infrastructure.

Pakistan explores stablecoin payments with Trump-linked crypto venture

Pakistan is exploring the use of a Trump-linked stablecoin for regulated payments and remittances, marking a rare sovereign-level engagement with a politically connected crypto venture. The move underscores Islamabad’s ambition to become a global crypto hub while testing stablecoins as part of its evolving digital finance strategy.