Regulations
U.S. SEC Chief Atkins Says Clarity Coming on Crypto Tied to Investment Contracts
In the realm of the so-called Howey Test to define investment contracts under SEC jurisdiction, Atkins says there should be a clearer path for crypto involvement.

Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT
The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures.

U.S. SEC Takes Preliminary Step to Expand Universe of Crypto Custody to State Trusts
Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital asset custody.

Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.

U.S. Treasury Takes Next Step in Turning GENIUS Act Into Stablecoin Regulations
The crypto industry has entered the long slog of rule writing on the stablecoin law, and the Treasury is inviting input on how to deal with illicit activity.

New U.S. Crypto Group AIP Joins Crowded Field, Targets Policymaker Education
The American Innovation Project is the latest digital assets advocacy organization to launch, but its tax status could help it find a niche.

U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity
The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening a comment period.

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.

Wall Street Joins Consumer Advocates to Call for Edit to GENIUS Act on Stablecoins
U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.

Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials
The new rules meal that stablecoin issuers will need to apply for a license in the region.
