
Circle Wins an NYDFS Limited-Purpose Trust Charter
New York's financial regulator granted Circle a limited-purpose trust charter on July 31, three weeks after the issuer won a federal trust bank approval.
Altcoins, ETH & general crypto

New York's financial regulator granted Circle a limited-purpose trust charter on July 31, three weeks after the issuer won a federal trust bank approval.

Singapore pushed Basel-aligned crypto capital rules to January 2027 and told locally incorporated banks to report cryptoasset exposure in the meantime.

Futu opened a real-time BNB order book under the SFC's virtual asset regime, restricted to Professional Investors holding at least HK$8 million.

CFTC staff told exchanges to stop bundling event contracts into template self-certifications. Letter 26-22 requires each to be filed in full under Rule 40.2.

A King County judge barred Kalshi from offering event contracts to Washington residents, holding that federal commodities law does not displace state gambling law.

The GENIUS Act turns one this week, leaving Tether until July 2028 to move a reserve that CoinDesk puts at roughly a quarter non-compliant into cash and Treasuries.

France's gambling regulator ordered providers to block Polymarket outright on 17 July, citing 578,751 French visits in June despite a 2024 payments ban.

Japan's upper house cleared the bill on 15 July, moving crypto from the Payment Services Act to the FIEA, with a flat 20% tax from January 2028.

Circle National Trust won final OCC approval, letting the issuer custody digital assets and eventually manage the USDC reserve under federal supervision.

Gyeonggi Province will run an eight-month won stablecoin proof of concept from August, led by ZKrypto, with no issuer or legal frame named.

Abu Dhabi's FSRA granted Bitcoin Suisse's BTCS (Middle East) unit a full Financial Services Permission covering spot trading, custody and derivatives.

The FCA has authorised Coinbase as a MiFID investment firm, bringing UK retail equities trading and USDC-settled perpetual futures onto the exchange.