Politics, Legal & Regulation

Policy and regulations impacting innovations in Finance.

US Senate Passes Resolution Stating FTX Founder Sam Bankman Fried Should Never Receive a Pardon

Yesterday, the US Senate passed a Resolution (S.Res. 772) stating that FTX founder and former CEO Sam Bankman-Fried should never receive a Presidential Pardon. Bankman-Fried is currently in prison serving a 25-year sentence for fraud following the collapse of his businesses. It has been rumored… Read More

Stalled CLARITY Act Gets Presidential Treatment as White House Meeting Scheduled for Today

President Donald Trump is scheduled to meet with legislators today to discuss the CLARITY Act, the stalled crypto market infrastructure legislation. The legislation was approved by the Senate Banking Committee, but a floor vote on the bill has yet to arrive. While the CLARITY Act… Read More

Transatlantic Taskforce for Markets of the Future: Joint UK – US Statement Issued on Stablecoins

Yesterday, the Transatlantic Taskforce for Markets of the Future issued a statement on an ongoing initiative for the United Kingdom and the United States to coordinate the developing digital asset regulatory environment. By working together, two leading financial jurisdictions can guide the rest of the… Read More

TeraWulf Shares Tumble Following New York’s Statewide Pause on Large Data Center Permits 

TeraWulf Inc. (NASDAQ: WULF), a company transitioning from Bitcoin mining toward artificial intelligence and high-performance computing infrastructure, saw its stock drop sharply on Tuesday after New York Governor Kathy Hochul announced a temporary statewide moratorium on new hyperscale data centers. Shares declined approximately 7% to… Read More

US Treasury Imposes Freeze on Crypto-Assets Connected to Iranian Central Bank 

As part of a significant escalation of financial pressure on Tehran, the United States has taken action to immobilize substantial digital currency holdings allegedly linked to Iran’s government. This move underscores Washington’s ongoing strategy to curb the flow of funds that could support activities deemed… Read More

UK’s New Buy Now Pay Later (BNPL) Rules Take Effect, Aiming to Improve Consumer Safeguards 

The United Kingdom has implemented significant new oversight for Buy Now Pay Later (BNPL) services, marking a major shift in how these popular payment options are managed. As of July 15, 2026, providers of deferred payment credit—commonly referred to as BNPL—must adhere to stricter standards… Read More

South Korea Advances Framework to Integrate Cryptocurrencies into State-Owned Asset Management 

South Korea is taking significant steps to modernize its approach to public asset oversight by incorporating emerging digital assets. The Ministry of Economy and Finance is preparing draft legislation to create a unified basic law for managing state-owned properties, explicitly extending its coverage to innovative… Read More

CFTC Orders Fulfilment of Pending Trades on Kalshi Following a Michigan State Court Order

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

The Commodity Futures Trading Commission (CFTC) negated a Michigan court order that canceled trades on Kalshi. According to a statement by the CFTC, it exercised its authority to order Kalshi to fulfill open trades. CFTC Chairman Michael Selig said a state cannot force a Designated… Read More

Transatlantic Task Force Provides Recommendations for UK-US Collaboration on Digital Assets

The Transatlantic Taskforce for Markets of the Future (TTMF) has published recommendations as to how the US and the UK can collaborate on digital asset regulation. The initiative was part of President Donald Trump’s visit to the UK in September 2025. Today, the Taskforce is… Read More

Report Claims that UK Crypto Firms Not Ready for Incoming Regulation

A new report appears to indicate that crypto firms are not quite ready for the looming regulation they must comply with to provide services to  UK customers. According to Zumo and their UK Regulatory Preparedness Assessment survey, only one in ten platforms believes they are… Read More

Congress This Week: Fed Chair and CFPB Director to Testify

Two key federal elements of the US economy will appear before the US Senate Banking Committee and the House Financial Services Committee this week. First up is newly minted Federal Reserve Chairman Kevin Warsh, who will visit the House Committee today and the Senate Committee tomorrow. Warsh, selected by President… Read More

Chainalysis Reactor Satisfies Daubert Standard for Expert Testimony in Bitcoin Fog Case

Blockchain analytics firm Chainalysis announced that its Reactor platform has become the first and only tool of its kind to satisfy the strict Daubert standard for expert testimony in a US federal court. The ruling came in the high-profile prosecution of Roman Sterlingov, who was… Read More

Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority Releases Report, Highlighting Steady Expansion and Strengthened Oversight

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has released its 2025 Annual Report, underscoring the authority’s success in balancing dynamic growth with rigorous regulatory standards. As the international financial hub of the UAE capital, ADGM continues to attract global… Read More

Nubank Subsidiary Nu Mexico Obtains Authorization to Start Operations as Licensed Bank

Nu Mexico, part of Nubank (NYSE: NU), has secured formal approval to operate as a full-fledged bank. The National Banking and Securities Commission (CNBV) granted the authorization on July 10, 2026, marking the completion of a complex transition and positioning the company as Mexico’s biggest… Read More

Don’t Let China Win. President Trump Calls on Senate to Approve the CLARITY Act in Honor of Senator Lindsey Graham

President Donald Trump took to Truth Social today to demand the US Senate approve the CLARITY Act in honor of Senator Lindsey Graham. Senator Graham died suddenly of a heart attack this past weekend. Once fierce opponents, the two became close friends and allies, frequently… Read More

Korean Officials Meet with SEC to Better Understand Developing Crypto Regulations

Last month, a delegate from the Republic of Korea met with representatives of the Securities and Exchange Commission Crypto Task Force to better understand US policy initiatives in developing crypto asset regulations and how Korea could potentially align with the US as it advances new… Read More

Today: SEC Convenes Roundtable on Improving IPO Ecosystem

The Securities and Exchange Commission (SEC), Office of the Advocate for Small Business Capital Formation, will convene a roundtable today in partnership with the SEC’s Division of Corporate Finance to discuss the initial public offering (IPO) ecosystem. Entitled “Rethinking the Rulebook: Modernizing the IPO Process… Read More

“Cryptors” – US Department of Treasury Sanctions Malware Enablers

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced additional sanctions, this time targeting ransomware and malware providers. According to OFAC, two individuals and one entity have been sanctioned for targeting Americans. These include First VPN Service (1VPNS), a virtual private network… Read More

Digital Assets Thoughts of the Week: Crypto & the CLARITY Act

Digital asset insiders were in holiday mode this week, but a couple still weighed in on crypto investing and the ongoing saga of the CLARITY Act, crypto market infrastructure legislation that remains stalled in the US Senate. Crypto investing “After a relentless six-month rally, AI… Read More

Pakistan’s Bitcoin and Crypto Trading Sector Faces Religious Scrutiny Following Scholar’s Fatwa on Digital Assets 

A prominent Islamic scholar in Pakistan has issued a religious decree classifying cryptocurrency trading and investment as impermissible under Shariah law, igniting widespread discussions about the compatibility of digital currencies with Islamic principles. The ruling, released through a major seminary, highlights ongoing tensions between emerging… Read More

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