Regulatory Updates
US SEC to Review Cboe BZX’s Proposal to List Canary XRP Trust Shares for XRP-Based Trust Listing
On 19 February 2025, the United States Securities and Exchange Commission (US SEC) published Release No. 34-102449 regarding a proposed rule change...
Latvijas Banka Governor Proposes Re-Election of Two Council Members
On 19 February 2025, Mārtiņš Kazāks, Governor of Latvijas Banka, submitted a proposal to Daiga Mieriņa, Speaker of the Saeima, to re-elect Māris...
UK FCA Fines Mako £1.66 Million for Failings in Cum-Ex Trading Controls
On 18 February 2025, the United Kingdom Financial Conduct Authority (UK FCA) issued a Final Notice: Mako Financial Markets Partnership LLP, imposing...
ASIC Proposes Additional Relief for Financial Licensees Under Reportable Situations Regime
On 18 February 2025, the Australian Securities and Investments Commission (ASIC) announced its proposal CS 16 Reportable situations – additional...
Singapore Authorities Warn Against Unauthorised Contactless Payment Fraud
On 17 February 2025, the Singapore Police Force (SPF), Cyber Security Agency of Singapore (CSA), and Monetary Authority of Singapore (MAS) jointly...
ASIC Updates Guidance on Applications for Relief and No-Action Letters
On 17 February 2025, the Australian Securities and Investments Commission (ASIC) Published updates to its regulatory guides, Regulatory Guide 51:...
Brian Young Appointed as United States Commodity Futures Trading Commission Director of Enforcement
On 14 February 2025, the United States Commodity Futures Trading Commission announced the appointment of Brian Young as its Director of Enforcement....
Hong Kong SFC Convenes First Virtual Asset Consultative Panel Meeting to Develop Virtual Asset Regulatory Framework
On 14 February 2025, Hong Kong Securities and Futures Commission (HK SFC) convened the inaugural meeting of the Hong Kong Virtual Asset Consultative...
BaFin Warns Consumers About Unauthorised Crypto Trading Bots Operating in Germany
On 11 February 2025, the Federal Financial Supervisory Authority (BaFin) of Germany issued a public warning alerting consumers to a series of online...
Singapore to Establish New Payments Entity to Strengthen National Payment Schemes
On 12 February 2025, the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced the establishment of a new...
India’s Union Budget 2025-26 Introduces Stricter Cryptocurrency Regulations and Compliance Measures
On 1 February 2025, the Indian government released the Union Budget for the financial year 2025-26, addressing various economic sectors, including...
US Federal Court Orders Florida Resident to Pay $7.6 Million for Digital Asset Fraud
On 10 February 2025, the United States Commodity Futures Trading Commission (US CFTC) announced that the United States District Court for the...