U.S. Treasury Secretary Yellen: The Crypto Market Structure Act needs to be passed this spring

The central banks of Korea and France team up to discuss digital assets: stablecoin regulation accelerates as global rules are being reshaped

The Bank of Korea and France’s foreign exchange bank held a seminar in South Korea on digital assets and climate-related issues, discussing the impact of central bank digital currency and stablecoins on the financial system. During the meeting, countries discussed how to balance financial innovation and regulation, showing the global emphasis on collaborative research in digital finance.

Japan’s Prime Minister embroiled in a Meme coin controversy: SANAE TOKEN surges 40x then crashes, and a major regulatory crackdown is about to land

The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.

Kalshi Wins in New Jersey: Prediction Markets Get Federal Endorsement, Key Ruling in the Regulatory Authority Battle

American prediction market platform Kalshi made progress in its legal dispute with the state of New Jersey, as a court ruled that its contracts fall under federal regulation and are not gambling. The decision emphasized that the product meets the definition of a “swap transaction,” protecting Kalshi’s operations within the state. This case marks the first time a federal court has considered the legality of a prediction market, and increased attention will be paid to a unified regulatory framework going forward.

New evidence in Libra probe renews questions about Milei involvement

Newly uncovered call logs suggest Argentine President Javier Milei spoke with one of the entrepreneurs behind the Libra token multiple times on the night he promoted the cryptocurrency, raising questions about Milei’s assertion that he had no connection with the project.  According to logs

Crypto market safe harbor lands at White House for review

SEC Chair Paul Atkins announced that a crypto market safe harbor proposal is under White House review. It aims to foster innovation and regulatory clarity through exemptions for startups and fundraising, as well as an investment contract safe harbor.

SEC close to putting out 'reg crypto' for fundraising questions, Chair Atkins says

The SEC is nearing the introduction of a "regulation crypto," delineating its approach to overseeing the crypto industry and distinguishing between securities and non-securities transactions. Chair Paul Atkins emphasized the importance of stakeholder feedback and congressional support for effective regulation.