Bank of America Faces $1.21B U.S. AML and Sanctions Penalties
U.S. regulators imposed more than $1.21 billion in coordinated penalties on Bank of America over anti-money-laundering and sanctions-control failures.
Policy News — Page 3
Crypto regulation, legislation and public-policy developments.
Strive Adds 3,311 Bitcoin as Treasury Reaches 32,773 BTC
Strive bought 3,311 bitcoin for roughly $280 million, lifting its holdings to 32,773 BTC while its cash balance and share count also increased.
Kraken Plans UAE Launch After Payward Wins Full Dubai Approval
Payward has secured full VARA approval in Dubai, clearing Kraken to prepare AED funding and regulated crypto services for UAE clients.
FSB Flags Cross-Border Stablecoin and AI Risks for G20
The Financial Stability Board urged stronger cross-border monitoring of global stablecoins while warning G20 officials about AI and market risks.
China Orders National Blockchain Network in New Technology Plan
A new 19-measure policy directs China to build national blockchain and computing networks, but gives no launch date or crypto-market opening.
ESMA Tests Whether Tokenised Collateral Can Withstand a Crisis
Europe's securities regulator is examining whether tokenised collateral can remain liquid, enforceable and accessible when a clearing member defaults.
EU Council Narrows ESMA Oversight Plan for Crypto and Markets
EU governments backed a narrower ESMA supervision plan that would initially cover only the largest cross-border crypto providers.
CFTC Moves to Define Event Contracts as Swaps
A new CFTC proposal would expressly classify event contracts on sports, politics, culture and weather as swaps under federal commodities law.
FSB Finds Major Gaps in Bank Crisis Funding Backstops
A Financial Stability Board review found only about one in five member jurisdictions fully met its emergency-funding standard for systemic bank resolutions.
New York Bans Celsius Founder Mashinsky Under Conditional $35M Settlement
A New York settlement permanently bars Alex Mashinsky from finance and can require up to $35 million in conditional state payments.
Standard Chartered Plans Singapore Digital-Asset Custody Service
The bank plans custody for selected cryptoassets, stablecoins and tokenized real-world assets, subject to Singapore regulatory requirements.
IMF Flags Liquidity Risks as Tokenized Markets Scale
An IMF chapter finds tokenized markets remain small and fragmented, combining round-the-clock access with weaker liquidity and higher volatility.
Thailand Issues Rules for Bitcoin and Ether ETFs
Thailand’s SEC has issued a framework for locally listed Bitcoin and Ether ETFs, with 11 notifications taking effect on October 16.
Greece Proposes 10% Tax on Cryptocurrency Capital Gains
A Greek draft bill proposes a 10% tax on cryptocurrency capital gains, with the first €500 of annual gains exempt.
NFL Urges Supreme Court Review of Sports Prediction-Market Rules
The NFL backed New Jersey’s Supreme Court petition, asking the justices to resolve whether states or the CFTC oversee sports prediction markets.
U.S.-Linked Wallet Moves 12,267 Bitcoin From Bitfinex Seizure
A wallet Arkham links to the U.S. government moved 12,267 BTC from Bitfinex seizure holdings to new unlabeled addresses, with no sale confirmed.
ESMA Sets Three-Month Limit for Non-MiCA Stablecoin Services
Europe's securities regulator told MiCA-authorized crypto firms to end services linked to non-compliant stablecoins and remediate existing exposure.
Winklevoss Files for Zcash ETF With WINK Ticker
Winklevoss Asset Services filed for a Nasdaq-listed Zcash fund that would hold ZEC directly and charge a 0.25% annual sponsor fee.