Regulation
Latest Regulation news and updates

Sweden's Government Offices Block ChatGPT and Claude, Keep Microsoft Copilot
Sweden's Government Offices will block ChatGPT and Claude on staff computers from Monday, steering civil servants to Microsoft Copilot as the only AI that passed its security review.

Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
Some of the world's biggest companies objected to being listed on the first tokenized securities trading venue under the SEC's innovation exemption. But the early pushback may say more about issuer caution than about rejection of tokenization itself.

Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report
As of Friday, 22 companies had filed objections as part of the joint venture’s proposed tokenized stock platform under the SEC’s innovation exemption.

Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel
Days before Israel’s election, Netanyahu said he has asked for a blockchain plan in case banks are hit with sanctions, and told Israelis to prepare for a rainy day after Trump.

SEC Flags AI 'Super Intelligence' and Tokenization as Systemic Market Risks
The regulator's Division of Examinations named "super intelligence and other advanced technologies" as a focus area alongside tokenization risks.

SEC flags tokenization as high-risk area in 2027 market examinations
The SEC’s latest priorities highlight tokenization as an emerging market risk, while cryptocurrencies remain absent as a standalone examination category.

Interpol Recovers $105M in African Cybercrime Sweep That Shut Illegal Crypto Mines
Operation Serengeti III led to 1,462 arrests across 21 countries, while Angolan police seized more than 2,000 crypto mining devices.

Bybit secures first full Dubai license for spot trading services
Bybit’s new VARA licence authorizes spot trading services in Dubai, but the exchange must complete additional regulatory requirements before launching.

Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom
The Riksbank sees an e-krona as critical to securing national payments and monetary control.

Is the Internet Safe Again After the PHP Nightmare? What You Need to Know
PHP shipped its fix, attackers launched millions of attempts, and governments say no one has broken in yet. Here's what that means for your passwords, your crypto, and your browsing.

Coinbase Fined Again in Ireland, This Time $3.6M Over Fund Safeguarding
The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeguarding account underfunded—its second hit to the exchange’s European arm in the last year.

Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures
According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions upon approval by a high court.

Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank.

Major Banks Find Rogue AI Agents Inside Customer Accounts—And They’re 'Horrified'
Major banks including Morgan Stanley, JPMorgan, Bank of America, and Citi are moving to restrict third-party AI agents that log in with customers’ credentials.

SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.

SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
Each SOFIE token represents $1 on deposit at SoFi Bank, earning 4.40% APY with FDIC insurance—a yield-and-protection combination ordinary stablecoins lack.

Italy Busts Mafia 'Secret Bank' That Laundered Money Through Crypto, Seizes $24M
Police say a car-rental firm near Milan was an underground bank for 'Ndrangheta and Camorra figures, moving money abroad and into crypto.

Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion
The pre-IPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band, as India’s largest public offering remains open for subscription.

PHP flaw draws millions of exploit attempts, Cloudflare CEO warns
Cloudflare’s Matthew Prince said the network saw thousands of exploit attempts even before the PHP vulnerability was publicly disclosed.

Solana’s biggest network change since 2020 is live. Here’s how users benefit
The new voting system targets settlement in about 150 milliseconds, potentially shortening waits for payments and deposits. Users can keep their existing wallets.

PHP Foundation admits ‘structural failure’ delayed critical security fix
Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers.

American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.

Who Found the PHP Bug That Made Governments Unplug Their Websites? ChatGPT, Of Course
OpenAI says its models found PHP2Shell and led a two-month coalition to fix it. It's the same AI that broke into Hugging Face and an Australian government portal this year.

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

PHP Panic: Two Critical Bugs Put 70% of the Internet at Risk, and Everyone Is Freaking Out
Two critical bugs in PHP, the language running most of the web, let strangers take over servers without a password. The patch is out, attacks started early, and governments pulled the plug.

Chainlink, Cardano, other blockchain groups push SEC for clearer crypto rules
Six major blockchain organizations urged the SEC to formally recognize digital commodities as non-securities in its proposed regulatory framework.

Big Tech’s eMudhra fixes may leave crypto bots exposed, CertiK warns
CertiK says crypto trading bots and exchange applications may remain exposed to the eMudhra certificate flaw because browser fixes may not protect all software.

Why centralized exchanges refuse to list legacy crypto tokens without explicit SEC immunity
Vault12 raised $17.45 million selling VGT in 2018 and says it met or dropped every promise, yet the token has never traded on a centralized exchange.

OCC's final rule to start fresh in weighing stablecoin rewards against GENIUS Act ban
The U.S. Office of the Comptroller of the Currency is the first of several federal agencies to finish writing regulations under the act.

UK Banks Hit With 10,000 Complaints Over Blocked Crypto Transfers in 90 Days: Report
Lloyds drew the most complaints despite having no published policy restricting crypto transfers, according to a Stand With Crypto report.

Zcash developers confirm November date for upgrade that triples payment speed
The NU7 upgrade will cut the time between Zcash blocks to 25 seconds from 75 seconds. The chosen block height still has to be merged into the spec and shipped in node software.

Malaysia central bank launches DLT platform for tokenized bonds
The platform tracks tokenized securities ownership and transfers, linking to Malaysia’s RENTAS+ system to settle corresponding payments in central bank money.

Tech giants rush to block 8 eMudhra certs that could enable fake sites
A private key generation flaw allowed anyone to guess them and forge HTTPS certificates for any website.

Solana’s Alpenglow, its biggest network overhaul since 2020, goes live Wednesday
Alpenglow will replace the voting system Solana has used since 2020, targeting roughly 150-millisecond finality after months of testing that included a failed migration and rollback.

A company that vouches for websites had secret keys so weak that 8 of them were cracked
Eight secret keys at eMudhra, an Indian firm that vouches for websites, were compromised. Browsers and software makers are rushing out fixes.

Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close.

U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance
A Commodity Futures Trading Commission task force is scheduled for October 28 to talk about how the latest "super intelligence" technology may impact markets.

Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.

French Lawmakers Back Stablecoin Swap Tax by Just One Vote
The amendment would make swapping crypto into euro or dollar stablecoins taxable in France from 2027, with gains measured coin by coin.

Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading
Seven more issuers have opted out of being listed on the planned tokenized stock venue under the SEC's framework, bringing its disclosed objection count to 16.

Lloyds and Barclays among UK banks named in crypto transfer complaints, advocacy group says
UK banks are facing scrutiny over crypto transfer limits and bans as Stand With Crypto reports thousands of complaints ahead of the country’s 2027 regulatory regime.

Netflix FTX trailer was ‘enough to upset me’ in first 30 seconds: former FTX COO
Constance Wang criticized the streamer’s portrayal of her former FTX colleagues as not matching her own experience with Sam Bankman-Fried and Caroline Ellison.

US bans DeepSeek from civilian agency IT systems
The restrictions extend earlier bans within US defense and security agencies, amid concerns that DeepSeek could expose federal information to China.

XRP Ledger Repairs Its Lending Protocol Before It Goes Live
XRP developers published a second amendment to repair the ledger’s new uncollateralized lending feature while the original still awaits validator approval.

Market participants weigh in on SEC’s proposed crypto regulations
The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.

Mastercard launches stablecoin risk screening for banks and payment providers
Mastercard launches stablecoin risk screening for banks and payment providers

US Orders Civilian Agencies to Rip DeepSeek Out of Government Systems
The Department of Homeland Security told civilian agencies to remove China's DeepSeek and any service built on it, and banned buying more, citing the risk of sensitive data reaching Beijing.

Revolut secures Gibraltar crypto license to support global expansion
The UK-based fintech will use the authorization to offer crypto services in additional international markets, though it has not disclosed specific countries or launch dates.

Sam Altman's World Takes Proof-of-Human IDs to Banks, Citing $40B AI Fraud Risk
Bain Capital, VanEck and Pantera Capital are among design partners for the offering, which also lets users delegate proofs to AI agents.

BingX, YouHodler added to ESMA MiCA register in latest update
ESMA’s latest MiCA register update includes BingX, YouHodler and Banco Santander’s Openbank, bringing the total to 375 unique CASPs.