Politics, Legal & Regulation

Policy and regulations impacting innovations in Finance.

Crypto firms get guidance on how the new regime applies

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This post was originally published on fca.org.uk  The regime comes into force on 25 October 2027. With applications for authorisation opening from 30 September 2026, firms need this guidance now to help them prepare. The guidance covers activities including issuing qualifying stablecoins, operating cryptoasset trading… Read More

Crypto firms get guidance on how the new regime applies

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This post was originally published on fca.org.uk  The regime comes into force on 25 October 2027. With applications for authorisation opening from 30 September 2026, firms need this guidance now to help them prepare. The guidance covers activities including issuing qualifying stablecoins, operating cryptoasset trading… Read More

“Not the End” – Hope Remains that the CLARITY Act Can Be Re-animated

Digital asset insiders are disappointed by today’s Senate vote on the CLARITY Act, which landed with a thud.  The inability to advance crypto market infrastructure legislation is a significant loss for the industry, and most argue it is a loss for the United States. The vote… Read More

Kyrgyzstan’s Central Bank Partners with CertiK on CBDC focused Security and Regulatory Oversight

The National Bank of the Kyrgyz Republic has signed a memorandum of understanding with blockchain security firm CertiK, creating a long-term framework for cooperation on the country’s planned central bank digital currency and on broader digital asset supervision. The Digital Som is Kyrgyzstan’s official CBDC… Read More

Cloture Vote on the CLARITY Act Fails in the Senate

The cloture vote on the CLARITY Act failed in the Senate, as supporters fell short of the 60 votes needed to open debate on the legislation. The final tally was disappointing as several Republican senators, including Senators Hawley, Collins, and Moran, typically more supportive of… Read More

If The CLARITY Act Does Not Become Law It Would Be Terrible For The US

With a cloture vote scheduled for today and market participants hopeful the bill will move forward, the CLARITY Act, crypto market infrastructure legislation, continues to have a dim outlook on prediction markets that the bill will be approved. Kalshi currently has just a 33% expectation that… Read More

Everyone is Talking About How Silly the Banking Industry Looks Because of the FUD on Stablecoin Yield

Mr. Potter Banker Banking (1)

FUD, or fear, uncertainty, and doubt, can effectively influence individuals’ hearts and minds. The unknown can lead to risk, and the possibility of something bad happening, even when the probability is low, can drive decisions. FUD is what the banking industry has leveraged to strip… Read More

Payments Executive Says No More Pilots, UK Needs to Advance Tokenized Markets or Risk Being Left Behind

Last week, UK Finance and Oliver Wyman, a management consulting firm, partnered on a report on the developing digital asset ecosystem. The report said the UK is well positioned for the tokenization of securities, but it must “act with urgency” to remain globally competitive. The… Read More

US Authorities Seek $61M in Crypto Tied to Alleged Iranian Oil Sales via Binance Accounts

Federal prosecutors in New York have moved to confiscate about $61 million in cryptocurrency they describe as revenue from unsanctioned Iranian crude and petroleum sales. The civil forfeiture complaint, filed September 14, 2026 by the US Attorney’s Office for the Southern District of New York… Read More

Financial regulator bans former law firm owner from financial services

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This post was originally published on fca.org.uk  The FCA acted after the Solicitors Regulation Authority (SRA) found that Mr Miah, who was a non-legal manager at Kingly Solicitors Limited, dishonestly caused or allowed more than £28m of client money to be taken from client accounts… Read More

Senator Lummis Says Some Democrats Won’t Vote Yes on the CLARITY Act No Matter What

Senator Cynthia Lummis, a member of the Senate Banking Committee and a keen supporter of digital asset innovation, says that some Democrats simply won’t support the CLARITY Act no matter what. The CLARITY Act is scheduled for a cloture vote tomorrow (Tuesday, September 14, 2026)… Read More

South Korean Digital Asset Investors Call for Another Tax Filing Delay as Regulatory Officials Remain Firm on their Stance

South Korea‘s crypto investors have again pressed lawmakers to postpone a long-delayed tax on virtual-asset profits, after a National Assembly petition calling for a two-year grace period cleared the 50,000-signature threshold needed for committee review. Regulatory and finance officials, however, have given little indication that they… Read More

US Federal Reserve Expected to Raise Benchmark Rates this Week

Pretty much across the board, analysts and observers expect the US Federal Reserve to raise benchmark rates this week by at least 25 basis points. Prediction markets have the probability at near certainty. Kalshi is currently at 86% for a 25 bps hike. Polymarket is… Read More

UK’s FCA and Bank of England Consider Fund-Rule Exemptions to Unlock Tokenized Gold in Wholesale Markets

UK’s financial regulator is examining whether some digital representations of physical gold should sit outside existing fund rules, as part of a wider push to modernise wholesale markets and keep London at the centre of global bullion trading. The Financial Conduct Authority (FCA) is working… Read More

Premier Payment Solutions Ltd enters liquidation

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This post was originally published on fca.org.uk  You should proceed with caution if you are approached by a CMC or a law firm. For the vast majority of clients, there is no benefit in involving a third party in reclaiming your assets. If you use… Read More

Vote Expected Tomorrow on the CLARITY Act, Vital Crypto Infrastructure Legislation

The time has come for the US Senate to determine if the US is going to move forward with profoundly vital crypto market legislation. The CLARITY Act is expected to come to a vote tomorrow for cloture and to open up the bill for debate…. Read More

Upper Tribunal upholds Crispin Odey ban

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This post was originally published on fca.org.uk  Mr Odey was the founder and majority owner of Odey Asset Management (OAM). He faced an internal disciplinary process for breaching a final written warning relating to repeated and persistent inappropriate behaviour towards female employees. In response, Mr… Read More

Philippine SEC Proposes Higher Crowdfunding Limits, Stronger Investor Safeguards

The Philippine Securities and Exchange Commission (SEC) has proposed amendments to the country’s crowdfunding rules that would raise the amount companies can raise through online platforms while introducing additional safeguards for retail investors. The proposed framework would allow issuers to offer up to 25 million… Read More

Crypto Billionaires Give Nigel Farage’s Reform UK Record £72 Million in 24 Hours

Nigel Farage’s Reform UK has secured an unprecedented influx of cash from two cryptocurrency billionaires, who together handed the party £72 million in the space of a day. The gifts, each worth £36 million, rank as the largest individual donations ever recorded to a British… Read More

CFTC Initiates Probes into Polymarket Bets on Biden Pardons, Iran and Google Rankings

Federal regulators have quietly authorized multiple inquiries into unusual activity on a major prediction-markets platform, according to internal records released through a public-records request. The Commodity Futures Trading Commission (CFTC) signed off on at least three previously undisclosed probes into Polymarket event contracts tied to… Read More

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