Category · 5 stories
Policy
Regulation is written slowly and lands all at once. We follow the bills, consultations and enforcement actions shaping digital assets in the US, EU and Asia, reading the primary documents rather than the press release, and saying plainly what each one changes for exchanges, issuers and holders.
Senate blocks the CLARITY Act 49–50, leaving market structure to the regulators
Cloture on the motion to proceed failed eleven votes short of sixty. The Democrats who negotiated the text voted against opening debate on it.

Stablecoin framework clears committee with reserve and audit rules attached
A stablecoin bill has advanced out of committee carrying reserve-quality, attestation and redemption rules — a framework that would legitimize the biggest compliant issuers while squeezing everyone else. Here is what it would require and where the real fights remain.

The EU’s crypto rulebook enters its next compliance phase
Europe's unified crypto framework is shifting from paper to practice, forcing exchanges, custodians and stablecoin issuers to prove they can operate under bank-style oversight or leave the market.

A national tax authority issues clearer crypto guidance
A national tax authority has sharpened its guidance on how crypto is taxed, spelling out which everyday actions trigger a bill and shifting the record-keeping burden onto users.

Stablecoins are becoming plumbing. Here’s what regulators want next
Once a stablecoin settles real payments at scale, it stops being a trading chip and becomes financial infrastructure. That shift is what regulators are now writing rules to govern.