European Central Banks Seek Wider Stablecoin Yield Ban Under MiCA
Europe’s central banks want MiCA’s stablecoin yield ban extended to indirect rewards, lending and staking, while proposing new reserve-liquidity rules.
Regulation
Regulation tracks legislation, court decisions and policy actions involving agencies such as the SEC and CFTC, alongside major international developments. Coverage explains what authorities decided, who is affected and what remains unresolved without presenting legal uncertainty as settled fact.
Singapore Proposes Stablecoin License With Full Reserves
Singapore’s proposed stablecoin license would require reserves of at least 100%, timely redemption and a ban on interest paid to holders.
CFTC Staff Offers Introducing-Broker Registration Relief to Qualifying Passive Software
CFTC staff broadened a no-action position for qualifying passive software providers, but the relief is conditional and is not a permanent rule change.
CFTC Crypto Market Proposal Enters White House Review at a Preliminary Stage
An OMB docket confirms a CFTC crypto-market action entered review, but its prerule status and unreleased text limit what can be concluded.