Regulation
Latest Regulation news and updates

OpenAI, Anthropic, Google and Other AI Giants Face Lawsuit Demanding Development Freeze
Four nonprofit advocacy groups want a California court to stop major AI developers from building stronger models, alleging their technology could cause catastrophic harm worldwide.

What Is Canton Network? The Privacy Blockchain Built for Wall Street
Canton Network is a privacy-enabled blockchain built for banks and tokenized assets. Here's how it works and what Canton Coin (CC) does.

Kazakhstan plans tokenized government bonds in first quarter after $22 million note sale
Kazakhstan plans tokenized government bonds in first quarter after $22 million note sale

UK, Singapore, and Thailand central banks test cross-border FX settlement as stablecoins gain ground
Project Meridian FX APAC said it demonstrated how transactions can be coordinated across conventional settlement systems and those built using blockchain technology.

Should Government Officials Be Banned From Prediction Markets? House Oversight Says Maybe
A House Oversight staff memorandum, citing suspicious trades by officials, military personnel and clearance holders, recommends Congress weigh new limits on federal personnel betting on platforms like Kalshi and Polymarket.

US regulators move ahead on crypto trust charters as Senate scrutiny grows
Coinbase’s trust company received final clearance as lawmakers seek records on crypto firms’ compliance and potential conflicts of interest.

Trump’s First Democratic Picks for SEC and CFTC Could Reshape Crypto’s Regulators
The bipartisan slate—two Republicans and two Democrats, Trump’s first Democratic picks for either agency—would refill commissions that have driven crypto policy since the Clarity Act’s collapse.

U.S. Senate Banking Committee races toward hearing on new SEC nominations
The committee that needs to advance President Donald Trump's nominees responded quickly to set his SEC picks for review next week.

Kraken parent Payward says expansion outside crypto trading helps cushion revenue decline
While earnings and the company’s newly introduced financial performance measure remained below year-earlier levels, there are signs of improvement from the second quarter.

Israeli police arrest five in $5M WhatsApp crypto trading probe
Police suspect the group drew up fictitious loan agreements to disguise crypto trading proceeds it transferred directly into bank accounts.

Congress Summons Ex-Nvidia CEO Jensen Huang, Lutnick Over Chip Exports to China
House panels requested December interviews with Huang and Nvidia's top lawyer as scrutiny shifts to Commerce's oversight of chip exports.

Microsoft 365 outage hits Outlook email and Teams calendars worldwide
Microsoft began a wider patch rollout Friday as the outage disrupted government email and Microsoft 365 connectors in ChatGPT and Claude.

Trump nominates Hester Peirce successor among SEC, CFTC picks
The White House also named a former CFTC commissioner and two CLARITY Act veterans as nominees to fill vacancies at the SEC and CFTC.

U.S. President Trump names CFTC, SEC nominees for first time in a year
U.S. President Donald Trump has named two potential commissioners each to the Securities and Exchange Commission and Commodity Futures Trading Commission.

DTCC Plans Solana Expansion as Wallet Rules Limit Access
The US securities clearinghouse plans to bring tokenized stocks to Solana in 2027, but analysts say restrictions could limit adoption.

Illinois crypto tax is impossible to enforce as written, crypto industry tells court
The legal battle to head off the crypto transaction tax in Illinois has drawn up a hefty roster of industry opposition, and they're saying the tax won't work.

Anchorage Digital’s Stablecoins Can Now Settle Payments on Visa’s Network
Visa and eligible companies can now use Western Union’s USDPT—issued and custodied by the federally chartered Anchorage Digital Bank—to settle VisaNet obligations.

DTCC adds Solana to Wall Street tokenization plans, targeting 2027 rollout
The securities infrastructure giant plans to bring tokenized stocks, ETFs and U.S. Treasuries to Solana as it expands next year's roadmap beyond Stellar and Arc.

Thailand proposes $148K daily cap on stablecoin deposits and withdrawals
Thailand’s SEC would set separate daily caps for stablecoin deposits and withdrawals and require customers to use wallets they own.

Morning Minute: Tokenized Stock Venues Are Launching Without Big Tech’s Approval
Plus, a second Jensen Huang affair is rocking markets while MSCI’s MSTR removal decision sends crypto lower.

Uber’s UK banking partner Griffin raises $20M for stablecoin services
The Series B valued Griffin at more than $100 million and will help fund stablecoin reserve services and onchain cross-border payments.

UK bank Griffin raises $20 million to expand into stablecoin payments
The Series B funding round, led by Octagon Partners valued the London-based company at more than $100 million.

Pressure Mounts on Nvidia's Jensen Huang Amid Reports of Second Affair
Nvidia's board is reportedly preparing to oust its CEO, sending the chipmaker's shares down more than 5% in premarket trading.

India’s financial crimes watchdog raids crypto exchanges CoinDCX and Delta over alleged illegal cross-border trades
The Enforcement Directorate alleged illegal cross-border flows that violated India's foreign exchange laws.

South Korea to permit crypto withdrawal freezes during hacking threats
The move follows recent security incidents involving South Korean crypto exchanges, including GOPAX’s precautionary suspension of services and a $70,000 hot-wallet breach at Prabang.

Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury
The proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.

Binance CSO unwittingly foreshadowed $6.3B hack tactic months before attack
In a July interview, Binance chief security officer Jimmy Su explained how fake coding assessments could compromise employee devices, a tactic later used in the exchange’s record-breaking hack.

Ripple’s bank-lending system moves closer to launch on the XRP Ledger
Lending support among the ledger’s 35 validators has climbed from 19 to 22 since mid-October, and no public tracker shows which validators switched.

OKXICE moves ahead with tokenized stocks as blue chips push back
The Nov. 23 debut puts a new SEC exemption to the test as Nasdaq pursues its own tokenized stock plans after warning that trading across platforms could fragment liquidity.

OKX-ICE Tokenized Stock Venue Sets Launch, Turning to Crypto Companies After Big Tech Opts Out
OKXICE will open its tokenized securities venue Nov. 23 with more than 70 assets, led by crypto companies like Coinbase, Circle, Robinhood and Strategy, after 67 companies objected to having their shares listed.

Paraguay bank collapse shows stablecoins can offer a lifeline... of sorts
Ueno’s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.

ECB warns legislative delays could postpone digital euro launch
ECB Executive Board member Piero Cipollone warned EU lawmakers that delays in finalizing digital euro legislation could push back its potential 2029 rollout.

Initia confirms second exploit in 3 weeks, $3.27M stolen in latest attack
Initia said an attacker exploited compromised cloud credentials to move $3.27 million in crypto assets, with about $2.16 million remaining frozen on its halted network.

Crypto ally Tom Emmer elected House GOP minority whip
The Minnesota lawmaker, who helped establish the Congressional Crypto Caucus, will stay on as Republican whip after Democrats won the midterms.

CFTC warns Kalshi of imminent charges over notification of contracts: Politico
The prediction markets operator says the issue involves procedural errors affecting a handful of contracts, many of which weren’t live, according to Politico.

Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.

Can crypto trust firms compete with banks in US derivatives settlements?
Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions over their long-term role.

Kimber Digital Securities gains broker-dealer status for tokenized assets
The Plume affiliate plans to offer tokenized US stocks, ETFs and bonds through self-custodial wallets, with traditional shareholder rights preserved.

Across Protocol warns users to avoid app amid reports of drained wallets
The protocol is investigating a potential security incident affecting its domain, while several users have reported losing funds after interacting with the platform.

Near AI Breach Exposes User Details and Data From 18 AI Agents
An SGLang flaw let an attacker reach internal systems and potentially view confidential AI requests, exposing the limits of hardware-backed privacy protections.

Crypto is now teamed up with U.S. government in two legal battles over perps
Twice now, crypto firms have found themselves on the side of the U.S. Commodity Futures Trading Commission in holding that perpetual futures aren't swaps.

Crypto teams up with U.S. government to defend stock perps in legal fight
Crypto and prediction markets firms declared themselves on the side of the U.S. Commodity Futures Trading Commission, arguing perpetual futures aren't swaps.

Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.

Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and yield-bearing products directly to self-custodial wallets and stablecoin applications in the U.S.

Will stablecoins survive once the banks catch up?
As crypto firms and banks converge, it is fair to ask what lasting advantage stablecoins have, argues Alessandro Hatami, founder of Pacemakers and former COO of Digital Banking at Lloyds Banking Group.

Binance Warns of Apple iOS Flaw That Could Expose iPhone Users' Private Keys
Apple has not publicly confirmed the "worse_query" bug, which a researcher published days before its latest iOS security update.

U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3%
Ahead of the data, traders had fully priced in a Fed rate hike at the bank's December meeting.

'Tough Questions' Ahead: Warren Targets Prediction Markets, Trump Crypto as Banking Chair
An aide said Trump family crypto businesses should "preserve their documents" as Warren prepares to take over the Senate Banking Committee.

Nvidia, Jensen Huang Sued by Shareholders Over Alleged Ties to Suspected Chinese Spy
A proposed class action claims the chipmaker misled investors about the CEO's alleged affair and the national security risks it posed.

Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures
The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction.