Politics, Legal & Regulation

Policy and regulations impacting innovations in Finance.

Pontes and Appia: The ECB’s Distributed Ledger (CLT) Project

The European Central Bank (ECB) is preparing to launch the long-anticipated “Pontes” ecosystem with qualified distributed ledger technology-enhanced platforms that provide services, including tokenization, to the European wholesale market. The ECB’s Governing Council approved Pontes in 2025, which takes a two-track approach: the first track,… Read More

Fintech Insiders Comment on PCE Inflation

The Personal Consumption Expenditures index (PCE), a closely watched measure of inflation, landed as expected today. While showing sticky inflation at 3.3%, above the target rate, the inline reading for July was greeted with a sigh. July PCE was 3.7% versus an expected 3.6% year… Read More

EGR Wealth Limited enters administration

This post was originally published on fca.org.uk  If you need urgent help with your account, contact the joint administrators. You should also get in touch if you have questions about income or withdrawals, need extra support, or want to discuss options. Make sure your contact… Read More

FCA bans trio behind £35.5m scheme designed to bypass visa rules

This post was originally published on fca.org.uk  Mr Joukovski has referred his Decision Notice to the Upper Tribunal where he and the FCA will present their cases. Any findings in Mr Joukovski’s Decision Notice are therefore provisional and reflect the FCA’s belief as to what… Read More

The GENIUS Act will Cement Dollar Dominance

An article on WSJ.com says US Treasury Secretary Scott Bessent may get support from the crypto markets as he tries to push bond yields lower. Earlier this week, Bessent said the US Treasury Department would use its balance sheet to buy Treasuries in an attempt to drive yields… Read More

Gaming Company Founder Convicted of Allegedly Defrauding Investors in Nearly $1M Crypto Trading Scheme

A San Francisco-based entrepreneur with roots in the gaming industry has been found guilty of orchestrating a scheme that defrauded investors in a cryptocurrency trading fund of nearly $1 million. On August 24, 2026, a federal jury in the Northern District of California convicted Japheth… Read More

Bank Policy Institute (BPI) Calls for Broader Identity Checks for Stablecoin Trading Platforms

In a recent filing with federal regulators, US banking associations have called for stronger customer identification standards to cover more of the stablecoin ecosystem. The Bank Policy Institute (BPI), working jointly with The Clearing House Association, submitted comments on a proposed rule from the Financial… Read More

France: Autorité des Marchés Financiers Says Watch Out for Fake News Sites

The Autorité des Marchés Financiers (AMF) in France has issued a caution to the public to look out for fake media websites. According to the regulator, a bevy of news sites have recently been impersonating French news sites by copying their design and identity. Apparently,… Read More

Las Vegas Entrepreneur Found Guilty in Multimillion Dollar Crypto Investment Fraud

A federal jury in Nevada has found Las Vegas businessman Brent C. Kovar guilty of running a multimillion-dollar cryptocurrency fraud that prosecutors described as a classic Ponzi scheme. The verdict, delivered after a nine-day trial, holds Kovar responsible for taking roughly $24 million from at… Read More

Hyperliquid Policy Center Calls on SEC and CFTC for Clearer Rules on Perpetual Contracts

The Hyperliquid Policy Center has formally urged the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a coordinated regulatory approach for perpetual contracts. In a comment letter submitted on August 24, 2026, the group responded to a joint… Read More

Blockchain Association Supports Federal Agencies’ Proposed CIP Rules for Stablecoin Issuers Under the GENIUS Act

The Blockchain Association, an industry advocacy group for digital assets, has voiced strong support for key elements of proposed federal rules implementing customer identification requirements for permitted payment stablecoin issuers under the GENIUS Act. In a comment letter submitted on August 21, 2026, the organization… Read More

Institutional Investors at Fintech FNZ Group Restructure Company Board Amid Legal Challenges

Institutional investors in fintech firm FNZ Group (reportedly key Canadian pension funds) have significantly reshaped the company’s board of directors. The changes aim to address financial pressures and navigate a multimillion-dollar legal challenge from minority shareholders. FNZ, a provider of digital wealth management technology serving… Read More

Bitget CEO Says US Open-Market Bitcoin (BTC) Buys for Strategic Reserve are Not Likely

Bitget Chief Executive Officer Gracy Chen has expressed strong skepticism that the United States government will actively purchase Bitcoin on the open market to expand its Strategic Bitcoin Reserve before the end of President Donald Trump’s current term. In a recent interview, Chen described such… Read More

European Union’s Carbon Pricing May Push Bitcoin Mining Emissions Toward Russia as Hashprice Rebounds

A recent academic analysis indicates that elevated carbon pricing within the European Union could be redirecting greenhouse gas emissions linked to cryptocurrency mining toward Russia. This dynamic represents a form of carbon leakage that current EU policy tools struggle to address effectively. The research examines… Read More

US Department of Treasury Says Already Seeing Results in New Financial Actions Targeting Iran

Secretary of the Treasury Scott Bessent says they are already seeing results in Operation Economic Outcast targeting Iran. Yesterday, Bessent announced the US would pursue new sanctions and actions to undermine economic activity supporting Iran. While many sanctions are already in place, Iran has been… Read More

Treasury Secretary Scott Bessent on Iran: We are now entering the endgame

Yesterday, US Secretary of the Treasury Scott Bessent issued a statement declaring, “We are now entering the endgame,” when it comes to the war with Iran. Bessent promised to launch the greatest financial offensive ever targeting another nation while stating the Trump administration had destroyed… Read More

UK Court Orders Closure of Key Coin Assets After Investors Lose Over £300K in Ponzi-Style Crypto Scheme

A London High Court has ordered the closure of Key Coin Assets Ltd, an unauthorized cryptocurrency investment firm, after an investigation revealed that nine investors who reported the matter to Action Fraud had collectively handed over more than £300,000. The Insolvency Service granted the winding-up order… Read More

Monzo Co-founder Jason Bates’ Monaco Bank Faces Legal Challenge Over Regulatory Fine Appeal

A formal legal challenge has arisen at the Monaco private banking operation associated with Jason Bates, a co-founder of the UK digital bank Monzo. The matter involves Moncrief Private Bank (Monaco) S.A.M., previously known as Banque Havilland (Monaco) S.A.M., and stems from a regulatory decision the bank… Read More

Bank of Russia Introduces Knowledge-Based Path to Qualified Investor Status

Russia’s central bank has relaxed the criteria for individuals seeking qualified investor status by introducing a domestic financial knowledge examination and related certificates. The change, set to take effect on August 31, 2026, aims to make the designation more attainable through demonstrated understanding of markets… Read More

Hyperliquid (HYPE) Token Surges to Record High After Nearly Tripling in 2026 Amid Progressive US Regulatory Developments

The native token of the so-called decentralized trading platform Hyperliquid, known as HYPE, has reached a fresh all-time high, surpassing $77 in recent sessions. This milestone caps a strong year in which the asset has advanced almost 200% from the start of 2026. The gains… Read More

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