Canada Launches Consultation on Stablecoin Rules With Yield Ban Intact
Draft regulations require 1:1 reserves at Canadian institutions, three-day redemptions and registration with the Bank of Canada, targeting fall 2027 implementation
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OCC Finalizes GENIUS Act Stablecoin Rules with January 2027 Start Date
The Office of the Comptroller of the Currency released final regulations implementing the GENIUS Act, establishing federal standards for payment stablecoin reserves, redemptions, custody and risk management. The rules take effect on January 18, 2027, while anti-money-laundering and sanctions requirements will be handled separately
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UK Financial Watchdog Reviews Ban on Retail Prediction Markets Amid Rising Overseas Use
The Financial Conduct Authority has held talks with platforms about potentially relaxing its 2019 prohibition on financial prediction markets for retail investors as UK users turn to foreign sites
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Minnesota Enforces Statewide Ban on Crypto ATMs After Nearly $1 Million in Scam Losses
A new state law effective August 1 prohibits virtual currency kiosks after officials linked the machines to significant fraud targeting seniors, with operators given until year-end to remove equipment
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Dubai Crypto Hub and Iranian Gambling Network Moved $4 Billion to Dodge Sanctions
An unlicensed exchange processed billions in digital assets linked to illegal betting sites, the central bank and entities tied to the Revolutionary Guards
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Housing Bill with CBDC Ban Becomes Law Without Trump Signature
The 21st Century ROAD to Housing Act, containing a four-year prohibition on the Federal Reserve issuing a central bank digital currency, has taken effect automatically after President Trump declined to sign it
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RBI Renews Push for Crypto Prohibition Amid Tax Evasion Concerns
The Reserve Bank of India has reiterated its call for policies leaning toward prohibition of cryptocurrencies, while tax authorities highlight widespread underreporting and enforcement challenges involving millions of traders
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India's RBI Pushes to Keep Banks Away from Crypto
The Reserve Bank of India has urged lawmakers to maintain strict separation between the banking system and cryptocurrencies, including private stablecoins, while keeping prohibition as an option
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Trump Delays Signing of Bipartisan Housing Bill With CBDC Ban Until 2030
The 21st Century ROAD to Housing Act, which passed Congress with strong support and includes a temporary prohibition on the Federal Reserve issuing a central bank digital currency, faces uncertainty after President Trump postponed its signing
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