Robinhood’s top lawyer is joining FINRA’s Board of Governors with three other appointments, including a former chairman of the Commodity Futures Trading Commission.In addition to being Robinhood Markets’ chief legal, compliance and corporate affairs officer, Dan Gallagher is a former commissioner of the Securities and Exchange Commission. Additionally, Gallagher was rumored to be a finalist to run the agency during Trump’s second term, before withdrawing his name from consideration in late 2024. Gallagher’s ...

Core Insights - Michael Selig has been sworn in as the 16th chairman of the Commodity Futures Trading Commission (CFTC), succeeding Caroline Pham, who served nearly four years and was known for her pro-crypto initiatives and regulatory modernization efforts [1][2] Group 1: Leadership Transition - Selig's confirmation by the Senate on December 18 positions him to lead the CFTC during a pivotal time for digital asset legislation and technological transformation [2] - Pham's tenure included significant regulatory breakthroughs for crypto markets, such as the launch of the CFTC's Crypto Sprint and the implementation of recommendations from the President's Working Group on Digital Asset Markets [3][4] Group 2: Regulatory Achievements Under Pham - Under Pham, the CFTC achieved milestones like enabling spot crypto trading on registered futures exchanges and launching a pilot program for digital asset markets that allows Bitcoin, Ether, and USDC as collateral [3] - The agency also deployed its first automated market surveillance system, resulting in nearly $50 million in annualized cost savings [4] - Regulatory relief measures during Pham's leadership unlocked tens of billions in capital for market participants and initiated pilot programs aimed at enhancing energy market liquidity [5] Group 3: Future Direction Under Selig - Selig has emphasized a focus on innovation and the establishment of regulatory frameworks for emerging technologies and products as he begins his chairmanship [7]

Bearer assets are rare. Cash is one. Bitcoin is one. Securities can’t be.That’s why L1s that actually reach scale and decentralization are special.Securitize (@Securitize):As tokenization continues to grow, it’s critical to understand the nuances of digital asset regulation.A bearer asset is something you own simply by holding it. https://t.co/zMDuzvcYJH ...

HashKey Holdings saw its shares slip 3% on Wednesday during its Hong Kong trading debut, closing at HK$6.51 after pricing near the top of its marketed range at HK$6.68, according to CNBC. The crypto exchange raised $206 million in its initial public offering, marking the first public listing by a digital asset company in the city, even as bitcoin tumbled 36% from its October all-time high above $126,000. The underwhelming performance came despite robust investor demand, with the institutional tranche dra ...

Regulatory Focus - The UK's Financial Conduct Authority (FCA) will prioritize digital asset regulation as part of its 2026 goals [1] - The FCA aims to empower local, UK-issued stablecoins [1]

Abu Dhabi's stablecoin regime has kickstarted a race for market share. Credit: Kevin Villaruz via Pexels. Key Takeaways Abu Dhabi’s digital asset regime came into force on Oct. 31. The Financial Services Regulatory Authority (FSRA) has published a list of approved stablecoins. USDC and USDT are both on the list as Circle and Tether compete for a share of the new regulated market. Circle and Tether have secured key approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi General ...

Binance has become the first global crypto exchange to secure a comprehensive ADGM license, setting a new standard in digital asset regulation.The license, granted by ADGM’s FSRA, provides regulatory clarity, global credibility, access to institutional partnerships, and recognition from a globally connected financial hub with IOSCO membership, supporting Binance’s worldwide operations under a trusted framework.Source: Binance ...

Pushing adoption! #BinancePrime Minister's Office (@PakPMO):Binance Senior Leadership Visits Pakistan as Government Reaffirms Commitment to Digital Asset RegulationSenior leadership from Binance, including Global CEO Richard Teng, visited Islamabad for high-level engagements with Pakistan’s top leadership. The meetings were attended by https://t.co/HsksSCrzN5 ...

ABU DHABI, UAE, Dec. 7, 2025 /PRNewswire/ -- Binance, the world's largest cryptocurrency exchange by trading volume and users, today announced a landmark regulatory achievement: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has formally approved the authorisation of Binance's global platform, Binance.com, under a comprehensive regulatory framework. This global first is a major step in Binance's mission to create the most ...

Core Insights - Ripple has received expanded regulatory approval from the Monetary Authority of Singapore (MAS), enhancing its payment services in Asia and indicating strong institutional activity in XRP despite recent price challenges [1][2]. Regulatory Approval - The MAS has approved an expanded scope of payment activities under Ripple's Major Payment Institution (MPI) license for its subsidiary, Ripple Markets APAC Pte. Ltd, allowing Ripple to enhance its regulated payment offerings in Singapore [2]. - Monica Long, President of Ripple, commended MAS for its regulatory clarity, stating that it sets a leading standard in the digital asset sector [3]. Strategic Importance - The expanded license supports Ripple's ongoing investment in Singapore and strengthens its infrastructure for efficient, quick, and safe money transfers for financial institutions [3][4]. - Ripple has maintained a significant presence in Singapore since establishing its Asia-Pacific headquarters in 2017, with MAS being a global reference for digital asset regulation [4]. Payment Solutions - Ripple's payment suite utilizes digital payment tokens (DPTs) like RLUSD and XRP, providing fast and compliant cross-border settlement [5]. - The company emphasizes three core benefits of its services, highlighting the Asia Pacific region's leadership in digital asset usage and the ability to support institutions driving growth [5][6].