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Policy
BoE's Andrew Bailey Nominated to Lead G20-Crypto Supervisor FSB
The G20 tasked the FSB with coordinating the delivery of a regulatory framework for crypto-assets.

Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT
Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."

Hong Kong Regulator Releases Crypto Staking Rules for Licensed Exchanges
Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.

More from Policy
Illinois to Drop Staking Lawsuit Against Coinbase
Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits.

U.S. SEC Nominee Atkins Gets Confirmation Nod From Senate Banking Committee
The panel voted to advance the confirmations of Paul Atkins to run the SEC and Jonathan Gould to lead the OCC, both of which would have a big say in crypto.

Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations
Sun said at a press conference that the current laws contain systemic loopholes.

U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts
Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.

Galaxy Secures UK Approval for License to Expand Derivatives Trading
The company is on the Financial Conduct Authority's investment firms register which is for firms that are authorized to perform MiFID investment services.
