Regulatory Updates
US CFTC Confirms Cross-Border Regulatory Interpretations for Foreign Proprietary Trading Firm
On 21 May 2025, the United States Commodity Futures Trading Commission (US CFTC), through its Market Participants Division and Division of Market...
US SEC and FINRA Withdraw 2019 Joint Statement on Broker-Dealer Custody of Digital Asset Securities, Signalling Policy Shift in Crypto Oversight
On 15 May 2025, the United States Securities and Exchange Commission (US SEC), through its Division of Trading and Markets, together with the Office...
Bitcoin Breaks $111K Barrier Amid Regulatory Shifts and Institutional Inflows
On 22 May 2025, Bitcoin surged to a new all-time high, surpassing US $111,000, driven by a confluence of favorable regulatory developments and...
US SEC Charges Unicoin and Top Executives in $100 Million Crypto Asset Fraud: Misleading Claims, Inflated Sales Figures, and Unregistered Offerings of Asset Backed Tokens
On 20 May 2025, the United States Securities and Exchange Commission (US SEC) filed a Complaint No. 1:25-cv-04245 demanding jury trial before the...
Hong Kong Government Enacts Stablecoins Ordinance: Launches Licensing Regime to Regulate Fiat-Referenced Issuers and Regulate Digital Asset Ecosystem
On 21 May 2025, the Government of the Hong Kong Special Administrative Region welcomed the passage of the Hong Kong Stablecoins Bill by the Hong...
US SEC and Ripple Labs Agree on Conditional Resolution of Longstanding Enforcement Dispute Parties Seek Indicative Ruling to Finalise Settlement over Unregistered XRP Sales
On 8 May 2025, the United States Securities and Exchange Commission (US SEC) filed a Settlement Agreement in the matter of Securities and Exchange...
Hong Kong SFC Hosts High-Level Regulatory Dialogue with Lao Securities Commission and Lao Securities Exchange on Capital Market Strategy
On 20 May 2025, the Securities and Futures Commission of Hong Kong (HK SFC) hosted a senior-level delegation from the Lao People’s Democratic...
Hong Kong SFC and Abu Dhabi’s ADGM FSRA Sign MoU to Strengthen Cross-Border Supervision of Investment Managers and Collective Investment Schemes
On 15 May 2025, the Securities and Futures Commission of Hong Kong (HK SFC) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi...
Hong Kong SFC and Ontario Securities Commission Sign Landmark MoU to Boost Cross-Border Fund Supervision and Investment Management
On 13 May 2025, the Hong Kong Securities and Futures Commission (HK SFC) and the Ontario Securities Commission (OSC) of Canada entered into a...
US SEC Extends Review Period for Cboe Exchange Proposal to List Options on VanEck Bitcoin Trust
On 14 May 2025, the United States Securities and Exchange Commission (US SEC) published a notice designating an extension of time to evaluate...
United States CFTC Commissioner Summer K. Mersinger Announces Departure After Distinguished Tenure
On 14 May 2025, United States Commodity Futures Trading Commission (US CFTC) Commissioner Summer K. Mersinger issued a statement announcing her...
US CFTC’s Energy and Environmental Markets Advisory Committee to Review Reports on Energy Transition and Infrastructure on 28 May 2025
On 13 May 2025, the United States Commodity Futures Trading Commission (US CFTC) published a public event to convene a virtual public meeting of the...