The Financial Accounting Standards Board (FASB) has proposed treating qualifying stablecoins as ‘cash equivalents,’ a move that could fundamentally change how companies account for crypto holdings and accelerate stablecoin adoption in mainstream finance.
The U.S. Securities and Exchange Commission (SEC) has unexpectedly proposed new crypto offering rules as Congress stalls on digital asset legislation, marking the first major regulatory proposal on crypto market structure.
Tokenized equities have tripled their market share, with Ondo Finance, Binance, and xStocks emerging as dominant players, accelerating the on-chain migration of traditional financial assets.
Core Summary The U.S. Securities and Exchange Commission (SEC) has announced it will hold a meeting this week to vote on proposing a new regulatory framework called “Reg Crypto,” aimed at providing clear compliance pathways for certain types of digital asset offerings. This marks the SEC’s first major crypto rulemaking process since its establishment, signaling a new phase in U.S. crypto asset regulation. Event Details According to CoinDesk reporting, the SEC plans to formally introduce the Reg Crypto rule proposal at its public meeting this week. The rule aims to provide exemption from registration or streamlined registration procedures for digital asset offerings that meet specific conditions, while clarifying issuers’ disclosure obligations and investor protection requirements. ...
Bank of New York Mellon, one of the oldest banking institutions in the United States, has announced the integration of cryptocurrency staking services into its digital asset custody platform, providing institutional investors with a more complete digital asset service chain.
Russia’s central bank has released draft rules for digital asset custody, requiring digital asset platforms to hold up to $2.8 million in liquid capital. This move paves the way for a comprehensive crypto regulatory framework coming this fall.
Thailand’s Securities and Exchange Commission accused the country’s largest cryptocurrency exchange Bitkub of deliberately concealing a cyberattack, resulting in hackers stealing approximately $50 million in assets. This case highlights the severe challenges facing Southeast Asian cryptocurrency regulation.
Ethereum’s largest liquid staking protocol Lido announced a major validator restructuring plan involving approximately $16.5 billion in staked ether, aiming to reduce validator count by one-third to improve network efficiency and decentralization.
Core Summary T. Rowe Price, a U.S. asset management giant with $1.9 trillion in assets under management, has officially launched its first actively managed multi-token crypto ETF — the TKNZ Active Crypto ETF. The product began trading Thursday after the firm filed for it in October. This move marks a new phase in traditional asset management industry’s strategic deployment into digital assets. Event Details According to The Block, T. Rowe Price’s TKNZ Active Crypto ETF officially began trading on Thursday. The company filed for the product last October, and after regulatory approval, it has now come to market. This is the company’s first actively managed crypto ETF and one of the few multi-token crypto fund products issued by a traditional asset management giant. ...
The US-UK transatlantic digital asset taskforce has released a roadmap promoting cooperation in stablecoin innovation and tokenized assets.