https://cryptoregulations.net/news Curated digest of cryptocurrency regulation developments, cited to primary sources. en Mon, 28 Sep 2026 12:00:00 +0000 https://cryptoregulations.net/news#hk-sfc-afrc-mou https://cryptoregulations.net/news#hk-sfc-afrc-mou Mon, 28 Sep 2026 12:00:00 +0000 The Securities and Futures Commission and the Accounting and Financial Reporting Council signed a memorandum of understanding replacing their 2021 agreement, adding the financial reporting and audits of SFC-licensed virtual asset service providers to the entities covered. It provides for information sharing, case referrals, mutual assistance, and coordinated inspections and investigations. Hong Kong https://cryptoregulations.net/news#ca-ab2409-signed https://cryptoregulations.net/news#ca-ab2409-signed Sun, 27 Sep 2026 12:00:00 +0000 AB 2409 bars California officials and employees with procurement authority from issuing meme coins and, from January 1, 2027, bars service providers from offering residents meme coins tied to federal, state, or local officials, with civil enforcement by the Attorney General and local prosecutors. SB 1208 extends the state money laundering statute to digital assets, allows warrants to seize wallets holding suspected crime proceeds, and sets up forfeiture, sunsetting January 1, 2032. AB 1180 lets the DFPI accept certain licensing fees in stablecoins from July 1, 2027. The governor framed the package as a contrast with the Trump family token ventures. California https://cryptoregulations.net/news#peirce-departure https://cryptoregulations.net/news#peirce-departure Fri, 25 Sep 2026 12:00:00 +0000 Commissioner Peirce posted a resignation letter saying her last day is October 2, 2026, after which she joins Regent University School of Law. Her departure leaves Chair Paul Atkins and Commissioner Mark Uyeda as the only sitting commissioners, a two-member quorum, with no Democratic nominees pending. No successor for the Crypto Task Force has been named. United States https://cryptoregulations.net/news#sec-faq-buybacks https://cryptoregulations.net/news#sec-faq-buybacks Fri, 25 Sep 2026 12:00:00 +0000 The Division of Corporation Finance updated its crypto asset FAQs, building on the March 17 interpretive release. Marketing a system's current or planned features without promoting profit is generally not a representation of essential managerial efforts; once a system is functional, work to secure, maintain, or improve it is not such an effort; and a buyback announcement for a non-security asset on a functional network is not one either, while a non-functional network marketing buybacks as a source of returns is different. The answers are staff views with no legal force. United States https://cryptoregulations.net/news#fed-genius-proposal https://cryptoregulations.net/news#fed-genius-proposal Thu, 24 Sep 2026 12:00:00 +0000 The Board issued two proposals: a framework for payment stablecoin issuers that are subsidiaries of Board-supervised institutions, requiring full backing in short-term Treasury bills and other high-quality liquid assets, standardized capital requirements for credit and operational risk, risk management and safekeeping rules, and a presumption that certain third-party arrangements are prohibited payments of interest or yield; and an application procedure for banks seeking approval for a subsidiary to issue. Governor Barr supported the proposals while warning that stablecoins are only stable if they can be redeemed at par under stress. Comments close 60 days after Federal Register publication. United States https://cryptoregulations.net/news#cftc-faq-tokenized https://cryptoregulations.net/news#cftc-faq-tokenized Thu, 24 Sep 2026 12:00:00 +0000 Three CFTC divisions updated their crypto and blockchain FAQs: futures commission merchants and clearinghouses may invest customer funds in tokenized versions of investments permitted under Regulation 1.25, provided the token carries the same legal and economic rights and all existing limits apply, and the recordkeeping rules are technology neutral, so required records may be kept on a blockchain if the registrant can produce them. Chairman Selig called it part of the agency's push for regulatory clarity. United States https://cryptoregulations.net/news#eba-mica-review https://cryptoregulations.net/news#eba-mica-review Thu, 24 Sep 2026 12:00:00 +0000 Responding to the Commission's targeted consultation, which closes September 30, the EBA asked for stronger rules on multi-issuer and third-country stablecoin schemes, clearer classification of crypto assets, MiCA coverage of crypto lending and of service providers routing clients to DeFi protocols, a cost-benefit review of the bank-deposit reserve floors, and better issuer and CASP reporting. As of September 1, 2026, 39 e-money tokens and no asset-referenced tokens had been authorized. European Union https://cryptoregulations.net/news#russia-registers https://cryptoregulations.net/news#russia-registers Thu, 24 Sep 2026 12:00:00 +0000 Directive 7429-U and Regulation 890-P, the first implementing acts under Federal Law 282-FZ, were registered by the Justice Ministry and published, entering into force October 5, 2026. Exchangers need at least RUB 15 million in capital and digital depositaries RUB 50 million to 250 million depending on activity; licensed banks, brokers, and existing information-system operators get a simplified track; unregistered exchangers may operate until July 1, 2027. Russia https://cryptoregulations.net/news#bcb-588-589 https://cryptoregulations.net/news#bcb-588-589 Thu, 24 Sep 2026 12:00:00 +0000 Resolutions BCB 588 and 589, dated September 23 and published September 24, amend the AML circular and the VASP framework. From October 1, 2026, virtual asset transfers to or from self-custody wallets of US$10,000 or more must be reported to Coaf by the next business day, without a suspicion trigger. From November 6, 2026, authorized institutions may not deal with unauthorized virtual asset providers, and from January 1, 2027 providers must report client balances, custody in Brazil and abroad, proof of reserves, and staked assets. Brazil https://cryptoregulations.net/news#cftc-crypto-prerule https://cryptoregulations.net/news#cftc-crypto-prerule Thu, 17 Sep 2026 12:00:00 +0000 The CFTC submitted a pre-rule filing titled 'Regulation of Crypto Asset Transactions and Crypto Asset Markets' for White House regulatory review, the first formal step toward a CFTC-registered category of crypto asset market built on the agency's existing authority over leveraged and margined retail commodity trading. Chairman Selig had said the agency would act if Congress did not. The approach cannot reach unleveraged spot trading, which still requires legislation, and a binding rule is unlikely before late 2027 after two comment rounds. United States https://cryptoregulations.net/news#sec-innovation-exemption https://cryptoregulations.net/news#sec-innovation-exemption Thu, 17 Sep 2026 12:00:00 +0000 Two days after the Senate vote, the SEC granted five-year conditional exemptions, running to September 17, 2031, that let new Tokenized Securities Venues trade tokenized versions of exchange-listed US stocks through permissioned automated market makers and liquidity pools without registering as exchanges, while liquidity providers are exempt from dealer registration. Participants must be allow-listed, tokens must carry the same rights as the underlying shares, trading halts with the primary market, and each venue is capped at 75 symbols and 0.25% of volume for the most liquid stocks, or 250 symbols and 2.5% for the rest. Issuers get 30 days' notice, and a right to object, before a third party tokenizes their stock. Chairman Atkins called it a bridge toward durable rulemaking, and the Commission is taking public comment. United States https://cryptoregulations.net/news#clarity-cloture-fails https://cryptoregulations.net/news#clarity-cloture-fails Tue, 15 Sep 2026 12:00:00 +0000 The motion to proceed to H.R. 3633 fell eleven votes short of the 60 needed on Roll Call Vote 234, two days after sponsors released a final text built around a White House-backed ethics package. No Democrat voted yes, and Democrats who had negotiated on the bill said the ethics terms still fell short. Republicans Collins, Hawley, and Moran voted no, and Tillis switched his vote to no so he could enter a motion to reconsider, which leaves leadership a procedural path to try again after the November elections. Without a lame-duck agreement, the bill expires with the 119th Congress on January 3, 2027. United States https://cryptoregulations.net/news#clarity-ethics-deal https://cryptoregulations.net/news#clarity-ethics-deal Mon, 14 Sep 2026 12:00:00 +0000 After months of silence on the Tillis-Gallego counterproposal, the White House accepted most of the bipartisan ethics package over the weekend, and late Sunday Senators Lummis, Boozman, and Scott released what they call the final text. Covered federal officials, the president, vice president, members of Congress, judges, and their spouses, with significant crypto financial interests must divest or move them into qualified blind trusts, with state attorneys general able to enforce alongside the Justice Department. The text carries roughly 126 Democrat-requested changes and adds an 18-month circuit breaker letting the Treasury secretary suspend stablecoin rewards if they start draining community bank deposits. The answer comes Tuesday at 2:15 pm. Senate Democrats caucused Sunday night without committing the votes, banking groups say the deposit-flight protections act too late, and cloture still needs roughly nine Democrats. United States https://cryptoregulations.net/news#clarity-prevote https://cryptoregulations.net/news#clarity-prevote Fri, 11 Sep 2026 12:00:00 +0000 A revised Senate text released ahead of Tuesday's 2:15 pm vote adds an ethics provision barring public officials, government employees, and their spouses from issuing or sponsoring digital assets, enforced through the Justice Department. Democrats pressing for the Tillis-Gallego alternative, which adds state attorney general enforcement and divestment requirements, say it falls short, and the White House has not responded to that counterproposal. Cloture needs 60 votes and at least two Republicans are expected to oppose, so roughly nine Democrats must cross. The calendar cuts the other way too. The House leaves Washington on September 17 and has dropped the following two voting weeks, so even a successful cloture vote likely pushes any final reconciled bill into the post-election session. United States https://cryptoregulations.net/news#russia-282fz https://cryptoregulations.net/news#russia-282fz Tue, 01 Sep 2026 12:00:00 +0000 Federal Law No. 282-FZ, passed by the State Duma on July 21 and signed August 4, lets Russians buy and sell crypto through Bank of Russia-regulated exchanges, brokers, and other intermediaries. Non-qualified investors must pass a test and are capped at RUB 300,000 a year per intermediary, while tested qualified investors face no cap. The ban on domestic crypto payments stays, crypto may settle foreign-trade contracts, and intermediaries have until July 1, 2027 to be licensed or registered. Russia https://cryptoregulations.net/news#mas-stablecoin-consult https://cryptoregulations.net/news#mas-stablecoin-consult Tue, 01 Sep 2026 12:00:00 +0000 MAS proposed Payment Services Act amendments that would create a stablecoin issuance licence, require reserves at least equal to par value and redemption at par, recognize foreign-issued stablecoins meeting equivalent standards, and add powers over systemic stablecoins. The 2023 framework has operated as MAS policy. Comments close October 16, 2026, and no commencement date has been set. Singapore https://cryptoregulations.net/news#sec-reg-crypto-assets https://cryptoregulations.net/news#sec-reg-crypto-assets Tue, 18 Aug 2026 12:00:00 +0000 Four days after canceling the meeting meant to unveil it, the SEC issued the proposal without one: a tailored offering regime for investment contracts involving crypto assets, built on two Securities Act exemptions. A startup exemption covers offerings up to $5 million over four years; a fundraising exemption, modeled on Regulation A, runs to $75 million in a 12-month period in two tiers, with financial statements and ongoing reporting at the top tier, disclosure on a new Form 1-CRYPTO, and preemption of state registration for these offerings. The release also proposes a safe harbor under which an asset stops being a security once the issuer has completed or permanently ceased the managerial efforts it promised. Comments are due October 20, 2026. The separate innovation exemption for tokenized securities followed a month later, on September 17. United States https://cryptoregulations.net/news#treasury-genius-s3-nprm https://cryptoregulations.net/news#treasury-genius-s3-nprm Tue, 18 Aug 2026 12:00:00 +0000 Treasury's section 3 proposal defines what it means to 'issue a payment stablecoin in the United States' and to 'offer or sell' one to persons in the United States, the two triggers on which the whole licensing regime turns. It confirms the expected sequence: from January 18, 2027, issuing a payment stablecoin in the US without a federal or state GENIUS license is prohibited, and digital asset service providers may only handle foreign-issued stablecoins whose issuers can comply with lawful orders under reciprocal arrangements; from July 18, 2028, providers may not offer or sell any payment stablecoin to US persons unless a licensed issuer stands behind it. Comments close October 19, 2026. The OCC's issuer rules, proposed in March, and FinCEN and OFAC's illicit-finance program rules complete the set awaiting finalization. United States https://cryptoregulations.net/news#sec-reg-crypto-postponed https://cryptoregulations.net/news#sec-reg-crypto-postponed Thu, 13 Aug 2026 12:00:00 +0000 The SEC noticed an open meeting for August 14 to propose a tailored offering regime for certain investment contracts involving crypto assets, the formal rulemaking version of the exemptions promised under Project Crypto, then canceled the meeting the day before, citing a scheduling issue and setting no new date. The proposal surfaced anyway on August 18, issued without a meeting. United States https://cryptoregulations.net/news#clarity-cloture https://cryptoregulations.net/news#clarity-cloture Sat, 08 Aug 2026 12:00:00 +0000 Senate Majority Leader John Thune filed a cloture motion on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, in the final hours before the August recess, after a marathon overnight session. The vote on that motion is set for Tuesday, September 15, 2026, the day after the Senate returns, and needs 60 votes; Republicans hold 53. Three disputes were unresolved going into the break: the ethics provision covering officials' crypto holdings, which Democrats and some Republicans want tightened, the illicit-finance and developer-protection language, and whether platforms may pay rewards on idle stablecoin balances, which the banking lobby wants closed. The merged 616-page Senate text released July 22 folds the Banking and Agriculture Committee bills into one vehicle. Cloture would only open debate. United States