UK aims to regulate crypto like financial products by 2027 https://t.co/bXZAF045HP ...

Core Insights - The Office of the Comptroller of the Currency (OCC) has conditionally approved national trust bank charters for five major crypto companies, marking a significant shift in crypto regulation [1][2][4] Group 1: OCC Approval Details - The OCC granted conditional approvals for two new national trust banks: First National Digital Currency Bank and Ripple National Trust Bank [2] - Existing state trust companies BitGo Bank & Trust, Fidelity Digital Assets, and Paxos Trust Company received conditional approval to convert to national trust banks [2] Group 2: Impact on the Crypto Industry - The approval is seen as beneficial for consumers, the banking industry, and the economy, according to Comptroller of the Currency Jonathan V. Gould [3] - This move opens opportunities for U.S. banks to act as intermediaries in the crypto space, potentially enhancing innovation in financial services [4] Group 3: Trends in Charter Applications - There has been a dramatic increase in charter applications in 2025, with 14 companies applying, compared to an average of fewer than four per year from 2011 to 2024 [5] - This surge indicates a growing interest in federal banking supervision among crypto firms [5] Group 4: Company-Specific Developments - Circle's approval allows it to establish First National Digital Currency Bank, which will manage the USDC Reserve and provide digital asset custody services [6] - Ripple's charter positions it to operate as a federally regulated digital asset custodian, enhancing regulatory clarity for its operations [7] - BitGo can now offer regulated crypto services nationwide, simplifying its compliance with state licensing requirements [8] Group 5: Broader Market Context - The OCC's decision aligns with trends in institutional adoption of crypto and regulatory activities, such as Nasdaq's SEC filing to trade tokenized equities and ETPs [9]

There are hundreds if not thousands of intermediaries and hundreds of thousands [music] of issuers that can follow the securities laws. Why can't crypto? Even past that, we would sit down with these issuers and companies and say, "What are the technical reasons. What is it about the technology you need us to change. Is it settlement.Is it that you need stable coins to be able to trade for settlement on ATS's. what is it that you need us to fix in these regulations for this to work. And we actually got a lot ...

Japan’s FSA proposes shifting crypto regulation from the PSA to the FIEA to strengthen disclosures, regulate IEOs, and target unregistered platforms. The new framework would require exchanges to disclose issuer details and conduct independent code audits, while issuers must reveal their identities and token allocation. It also introduces a ban on insider trading. https://t.co/Sg8ZE44jHJ ...

Core Insights - The article discusses the recent regulatory changes in Europe that are facilitating retail access to crypto exchange-traded notes (ETNs), particularly highlighting CoinShares' strategic position in this evolving market [2][4]. Company Overview - CoinShares International Limited is a leading global asset manager specializing in digital assets, recently announcing a merger with Vine Hill Capital Investment Corp [2]. - The company has a significant presence in the European crypto ETP market, holding a 32% share of total regional assets under management (AUM) [3]. Market Developments - The European crypto ETN market is experiencing a growth phase, with record inflows of €2.5 billion year-to-date [4]. - The UK Financial Conduct Authority (FCA) has lifted its retail crypto ETN ban, allowing access to approximately 7 million UK crypto holders [7]. - France's Autorité des marchés financiers (AMF) has adapted its doctrine to permit retail marketing of crypto-indexed ETNs, enhancing market accessibility [7]. Strategic Positioning - CoinShares' physical platform has led the European crypto ETP market with over $1 billion in net inflows year-to-date [3]. - The company aims to leverage its distribution expertise through partnerships, such as with BoursoBank, to reach retail investors as markets open up [4]. Regional Insights - In France, nearly one in four adults now hold financial investments, indicating a growing retail investor base [4][8]. - Nordea, the largest bank in the Nordics, will begin offering CoinShares' Bitcoin ETP starting December 2025, marking a shift in institutional caution [7].

Core Insights - Ethereum is showing signs of recovery after a brief decline, currently stabilizing around the $3,000 to $3,100 price level, despite being down nearly 7% for the year [1] Group 1: Blockchain Upgrades - Ethereum has a strategic roadmap for blockchain upgrades, distinguishing it from other cryptocurrencies [2] - Significant upgrades include The Merge in 2022, Shapella in 2023, Dencun in 2024, and Pectra in May 2025 [3] - The upcoming Fusaka upgrade in December is expected to be the largest since The Merge, enhancing speed, efficiency, and cost-effectiveness, potentially leading to increased blockchain activity [4] Group 2: Regulatory Changes - The regulatory environment for cryptocurrencies is improving, with the Trump administration delivering a pro-crypto regime in 2025 [5] - Ethereum is now included in a digital asset stockpile created by the Treasury Department, alongside new regulations for stablecoins and upcoming comprehensive legislation for digital assets in the U.S. [6] - New regulatory changes, particularly regarding staking, could generate momentum for Ethereum investment products [7][8]

Italy has opened an “in-depth review” of retail investors’ crypto exposure as digital assets gain traction in mainstream markets and patchwork rules complicate oversight. The Macroprudential Policy Committee, made up of the Bank of Italy’s governor, insurance and pension regulators, and treasury officials, warned Thursday that risks could rise amid “growing interconnections with the financial system and regulatory fragmentation at the international level.” The Ministry of Economy and Finance initiated the ...

The US Securities and Exchange Commission has suddenly put brakes on high-leverage crypto ETFs by issuing warning letters to major ETF issuers. Proposed funds from issuers like Direxion, ProShares, Tidal Financial, Volatility Shares, and GraniteShares apparently exceeded volatility limits – by using derivatives to chase extreme leverage on crypto and single stocks such as Tesla or Nvidia. The applications for ETFs that promised 3x to 5x returns on assets like Bitcoin and Ethereum could be blocked? But wh ...

It’s been another consequential week in Washington and beyond, with U.S. regulators sending mixed but meaningful signs across crypto, AI, and financial policy. From the SEC greenlighting a Solana-based token to the prospect of a crypto-friendly Federal Reserve chair, the regulatory climate is shifting fast—particularly as policymakers grapple with emerging technologies that are outpacing existing frameworks. SEC Grants Fuse a Rare No-Action Letter The big headline came from the U.S. Securities and Exchan ...

🇺🇸 TODAY: Acting CFTC Chair Caroline D. Pham seeks CEO nominations for its Innovation Council to tackle crypto and prediction market regulation. https://t.co/vgFiUBauzz ...