英镑稳定币发行商 Agant 首席执行官 Andrew MacKenzie 表示，英国加密货币及稳定币监管规则推行迟 缓，正影响该国建设全球数字资产枢纽的进程。尽管英国政府多次承诺将伦敦打造为全球中心，但相关 综合立法预计今年晚些时候获批，且直至 2027 年才正式生效。（CoinDesk） （来源：吴说） ...

Group 1 - Robinhood's chief legal officer, Dan Gallagher, is joining FINRA's Board of Governors, alongside three other appointments, including a former CFTC chairman [1][2] - Gallagher is recognized as a strong advocate for crypto regulation reform and has been critical of the current enforcement approach towards digital assets [2][5] - The new appointments aim to help FINRA adapt its regulatory approach to better meet the evolving needs of investors and the financial markets [3] Group 2 - Gallagher has a history with the SEC, having served as a commissioner from 2011 to 2015, and was previously considered for the SEC Chair position after the 2024 presidential election [3][4] - During his time at Robinhood, Gallagher has publicly criticized the SEC's regulatory approach, claiming it stifles innovation and harms American consumers seeking access to digital assets [5][6] - Other new members of FINRA's Board of Governors include Rostin Benham, Tim Carter, and Heather Traeger, bringing diverse experience from various sectors [7][8]

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 ...

Company Overview - HashKey Holdings experienced a 3% decline in its share price during its Hong Kong trading debut, closing at HK$6.51 after pricing at HK$6.68, raising $206 million in its IPO, marking the first public listing by a digital asset company in Hong Kong [1] - The company operates the largest licensed virtual asset trading platform in Hong Kong and holds over 75% of the onshore digital asset trading volume, offering various services including exchange, over-the-counter trading, staking, tokenization, and asset management [3] Financial Performance - HashKey reported a loss of HK$506.7 million in the first half of the year, an improvement from a loss of HK$772.6 million the previous year, attributed to significant investments in compliance infrastructure and market expansion [5] - The company's first-half revenue fell 26% year over year to HK$284 million [4] Market Context - Despite robust investor demand, with institutional subscriptions at 5.5 times the available stock and retail oversubscribing by nearly 394 times, the stock's performance was underwhelming [2] - Hong Kong's regulatory environment is seen as favorable for digital assets, contrasting sharply with mainland China's ban on crypto trading since 2021 [6] - The city has introduced a stablecoin licensing system and is exploring connections between local exchanges and global operations, positioning itself as a testing ground for regulated digital asset adoption [6] Leadership Perspective - The CEO of HashKey expressed long-term confidence in the industry, citing increased regulation and compliance guidelines as factors that will support future growth [4]

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]

Core Insights - Abu Dhabi's stablecoin regime has initiated a competitive landscape for market share among major players like Circle and Tether, who have received crucial approvals from the Financial Services Regulatory Authority (FSRA) [1][7] Group 1: Regulatory Approvals - Circle and Tether have secured key approvals from the FSRA of Abu Dhabi General Markets (ADGM) for their stablecoins, USDC and USDT, respectively [1][7] - The FSRA's digital asset framework allows only approved "fiat-referenced tokens" for regulated activities within the ADGM, with a list of approved stablecoins published in November [2][7] Group 2: Market Dynamics - The approved list includes major stablecoins such as USDC, USDT, and USDP, reflecting the UAE's ambition to set a global standard for digital asset regulation [3] - Circle has obtained a Financial Services Permission (FSP) license, enabling it to offer additional services like wallets, payments, custody, and brokerage, giving it a competitive edge [4][5] Group 3: Competitive Landscape - While Circle's regulatory framework may not have previously allowed it to catch up with Tether, it could play a significant role in Abu Dhabi's institutional market, which is increasingly adopting stablecoins [6] - Paxos, a rival stablecoin issuer, has also received in-principle approval for crypto-brokerage and custody services, indicating a competitive environment [5]

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 ...

Core Insights - Binance has received regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) for its global platform, Binance.com, marking a significant regulatory milestone in the cryptocurrency industry [1][2][5] Regulatory Approval - The approval encompasses Binance's operations through three regulated entities within ADGM: an Exchange, a Clearing House, and a Broker Dealer, each with specific permissions under ADGM's recognized regulatory framework [3][7] - This regulatory status enhances Binance's credibility and allows for seamless access to multiple markets beyond the UAE, positioning the company as a leader in regulatory compliance within digital finance [2][4] Company Commitment - Richard Teng, Co-CEO of Binance, emphasized the company's commitment to compliance, transparency, and user protection, stating that the FSRA license reflects adherence to high international standards [4] - The regulatory framework provided by ADGM is expected to foster innovation while ensuring user safety, contributing to Binance's global operations [4] Market Position - Binance boasts over 300 million registered users and has achieved a cumulative trading volume exceeding $125 trillion, reinforcing its leadership in the digital asset ecosystem [4][5] - The operational launch of Binance.com under ADGM's regulatory framework is set for January 5, 2026, further solidifying the UAE's role as a global hub for financial innovation [5] Entity Approvals - Nest Services Limited, soon to be renamed "Nest Exchange Limited," has been approved as a Recognised Investment Exchange, responsible for on-exchange trading activities [7] - Nest Clearing and Custody Limited has been approved as a Recognised Clearing House, managing the clearing, settlement, and custody of digital assets [7] - BCI Limited, to be renamed "Nest Trading Limited," has been approved as a Broker-Dealer, facilitating off-exchange offerings such as OTC trading and asset management [7]