Live 307 sources monitored São Paulo Washington London Frankfurt Dubai Hong Kong Sydney 7 regions
✦ RegulusGlobal regulatory broadcast network

Regulatory heat map

Where it's moving right now · select a region to filter
Showing Everything 24 hours 7 days 28 days 90 days 180 days Last year
Global
71 all regions
North America
26 US Close
Latin America
1 US Close
United Kingdom
19 Europe Close
Europe
13 Europe Close
Middle East & Africa
0 Asia Close
Asia-Pacific
1 Asia Close
Category
All Digital Assets 18 Governance & Accountability 16 Financial Crime 15 AI, Technology & Data 9 Prudential & Capital 7 Markets & Infrastructure 4 Conduct & Consumer 2
Within
Stablecoins 9 Tokenisation 3 Central bank digital currency 2 Virtual asset service providers 1 Custody 1
Country
United States 28 United Kingdom 19 European Union 9 Global 8 Austria 2 Netherlands 1 Luxembourg 1 Hong Kong 1 Germany 1 Bolivia 1
Regulator
HM Revenue & Customs 8 DOJ Criminal Division 7 SEC Press Releases 5 Financial Stability Board 5 FCA 4 BIS Press Releases 4 Federal Reserve 3 European Central Bank 3 CISA Advisories 3 Bank of England 3 Single Resolution Board 2 OCC Bulletins 2 FMA Austria 2 ESMA 2 UK DSIT 2 CFPB 2 UN News — global perspective 1 SFC Hong Kong 1 International Criminal Court 1 IC3 — FBI Internet Crime Complaint Center 1 HM Treasury 1 Federal Register — State Department 1 Federal Reserve Speeches 1 FCA Publications 1 European Commission Digital Strategy 1 CSSF Luxembourg 1 CFTC — Commodity Futures Trading Commission 1 Deutsche Bundesbank 1 Banco Central de Bolivia (BCB) 1 AFM Netherlands 1
Showing
category: digital_assets × since: 180d × Clear all

Filtered

18 segments
0:15
BIS BIS Press Releases Source document ↗
Global BIS Press Releases Digital Assets ✓ 18 claims 15 Oct 2026

BIS paper finds stablecoins and bank deposits are partial substitutes in US data

A BIS working paper tests whether reserve-backed stablecoins compete with bank deposits for US funds. Using weekly data and an identification strategy built on how banks reprice deposits above roughly 3%, the authors measure how stablecoin market capitalisation responds to deposit rate changes. The finding matters for how far the stablecoin sector can grow and how it might touch bank funding and monetary transmission.

  • Higher bank deposit rates are followed by slower stablecoin growth; the relationship is stronger for USDC than USDT.
  • Identification exploits banks repricing deposits more aggressively once the federal funds rate exceeds roughly 3%; a placebo test uses non-stablecoin cryptoassets.
  • The paper studies allocation between assets and does not establish that stablecoin growth reduces aggregate bank deposits or lending.
Executive summary Detailed analysis Source document ↗
0:15
BIS BIS Press Releases Source document ↗
Global BIS Press Releases Digital Assets ✓ 19 claims 15 Oct 2026

BIS research finds on-chain crypto metrics vary by up to six times depending on method

A BIS working paper dismantles the assumption that public blockchain data yields clean measures of crypto and DeFi activity. For anyone using on-chain metrics to size markets, assess counterparties or inform supervisory thinking, it sets out exactly where the numbers diverge and why the same stablecoin means different things on different chains.

  • Bitcoin transaction values vary by up to a factor of six depending on the measurement approach used.
  • Authors classified 13 million active smart contracts, including about 1.4 million tokens, with trading concentrated around stablecoins.
  • The same stablecoin behaves differently across chains: tied to smart contracts on Ethereum, held outside them on Tron.
Executive summary Detailed analysis Source document ↗
0:15
SEC SEC Press Releases Source document ↗
United States SEC Press Releases Digital Assets ✓ 15 claims 15 Oct 2026

SEC grants five-year 'Innovation Exemption' for onchain trading of tokenized NMS stock

The SEC has carved tokenized-stock trading venues out of the Exchange Act's 'exchange' definition for five years, letting them operate permissioned automated market makers while the Commission weighs permanent rules. This segment covers what the conditional relief permits, the six conditions attached, the parallel 'dealer' exemption for liquidity providers, and the comment window now open.

  • TSVs are temporarily exempted from the Exchange Act 'exchange' definition to trade tokenized NMS stock via permissioned AMM liquidity pools, subject to symbol and volume limits.
  • Conditions include rights parity with traditional stock, issuer notice-and-objection for third-party tokenization, auditable public smart contracts on a permissionless ledger, and halts mirroring the primary exchange.
  • A parallel conditional exemption from the 'dealer' definition covers proprietary-capital liquidity providers; both exemptions expire five years after publication.
Executive summary Detailed analysis Source document ↗
0:15
BUND Deutsche Bundesbank Source document ↗
Germany Deutsche Bundesbank Digital Assets ✓ 16 claims 15 Oct 2026

Bundesbank paper finds widespread stablecoin adoption modestly cuts long-run US output

A Bundesbank discussion paper builds a quantitative macro model, calibrated to the US, to ask what happens when stablecoins scale to USD 1-3 trillion. The authors isolate a bank lending channel and a fiscal space channel pulling in opposite directions, and show how reserve regulation changes the result. Useful for anyone mapping the deposit-displacement and Treasury-demand arguments now shaping stablecoin rulemaking.

  • Model predicts a modest long-run US output decline as the bank lending channel slightly outweighs the fiscal space channel.
  • Reserve design is decisive: bank-deposit backing worsens output, central-bank reserve backing strengthens fiscal space; foreign demand helps.
  • Transition can be expansionary because the fiscal channel acts faster, and stablecoins amplify monetary policy shocks via bank funding costs.
Executive summary Detailed analysis Source document ↗
0:15
FCA FCA Source document ↗
United Kingdom FCA Digital Assets ✓ 16 claims 15 Oct 2026

FCA opens authorisation gateway for UK crypto firms, sets 28 February 2027 deadline

The FCA has opened applications for crypto firms seeking authorisation under the UK's new regulatory regime. This segment covers the two dates that matter, the four standards firms are assessed against, and the transitional position for applicants awaiting a decision when the regime goes live. If you advise a crypto business with UK exposure, the clock has started.

  • Crypto firms can apply for FCA authorisation from 30 September 2026; those continuing to operate should apply by 28 February 2027, before the regime starts on 25 October 2027.
  • Authorisation is assessed against four standards: consumer protection, safeguarding of customer assets, market integrity and financial resilience; firms that fall short will not be authorised.
  • Firms applying within the window may keep providing services, including new business, if no decision is made before the regime takes effect.
Executive summary Detailed analysis Source document ↗
0:15
SEC SEC Press Releases Source document ↗
United States SEC Press Releases Digital Assets ✓ 14 claims 15 Oct 2026

SEC proposes crypto custody framework for investment advisers and regulated funds

The SEC has opened a 60-day consultation on how registered investment advisers, registered funds and BDCs may custody crypto assets. It would create a compliant pathway where none existed, permit self-custody in defined circumstances, and admit state trust companies as custodians. This segment covers what the proposal changes for advisers and funds and where the open questions sit before any final rule.

  • SEC proposed a tailored crypto custody framework for registered investment advisers and regulated funds on October 1, 2026 (release 2026-100).
  • The proposal would permit self-custody of crypto assets in certain circumstances and allow state trust companies to act as custodians for client and fund assets.
  • The comment period remains open for 60 days following publication in the Federal Register; the measure is a proposal, not yet a rule.
Executive summary Detailed analysis Source document ↗
0:15
HMT HM Treasury Source document ↗
United Kingdom HM Treasury Digital Assets ✓ 21 claims 15 Oct 2026

UK names six Joint Lead Managers for digital gilt pilot, targets Q1 2027 issuance

The Economic Secretary used UK Digital Assets Week to set out where the government's digital-finance programme has actually moved from design to delivery. The headline is the appointment of six Joint Lead Managers for the DIGIT pilot and a first-quarter 2027 issuance date, alongside live Sandbox approvals and the cryptoasset authorisation clock now running. Useful for mapping sequencing across gilts, stablecoins and the FCA perimeter.

  • Six firms appointed as Joint Lead Managers for the DIGIT pilot issuance, targeted for Q1 2027 on HSBC's Orion platform and listed on LSEG's main market.
  • HSBC and ClearToken have each received approval to operate a live Digital Securities Depository in the Digital Securities Sandbox; Treasury will lay supporting secondary legislation.
  • Cryptoasset activities enter the FCA regulatory perimeter from 25 October 2027; the transitional-arrangements application window opened 30 September.
Executive summary Detailed analysis Source document ↗
0:15
AFM AFM Netherlands Source document ↗
AFM Netherlands Digital Assets ✓ 17 claims 15 Oct 2026

Dutch regulators say national law blocks native securities tokenisation

The AFM and DNB publish a joint exploratory study on securities tokenisation in the Netherlands, concluding that current Dutch law offers no basis for fully native tokens and forcing firms into hybrid dual-registration arrangements. This segment covers what the regulators found, what they are asking government to do, and why Dutch market infrastructure choices may migrate elsewhere.

  • AFM and DNB find Dutch law gives no basis for securities issued, held and transferred exclusively as tokens; native tokenisation is not currently possible.
  • Hybrid dual registration alongside DLT limits efficiency gains and creates uncertainty over the legal significance of the token record.
  • The regulators call for a government-led follow-up aligned with European initiatives, using specific use cases to decide whether to clarify or amend rules.
Executive summary Detailed analysis Source document ↗
0:15
BIS BIS Press Releases Source document ↗
European Union BIS Press Releases Digital Assets ✓ 21 claims 13 Oct 2026

ECB's Cipollone sets digital euro course: trilogue by year-end, pilot in 2027, issuance 2029

ECB Executive Board member Piero Cipollone lays out where the digital euro legislation stands, the financial-stability modelling behind holding limits, and how the wholesale Pontes and Appia initiatives fit. For compliance and treasury leads at euro-area banks, this is the clearest consolidated statement of timelines, distribution roles and deposit-outflow assumptions ahead of a potential 2029 first issuance.

  • Trilogue negotiations under way; European Council wants them concluded by end of year, with potential first digital euro issuance in 2029.
  • 12-month pilot begins H2 2027 with 36 payment service providers selected from more than 50 applications; merchant call opened 15 September.
  • Pontes launched 21 September to settle tokenised transactions in central bank money, full implementation expected mid-2028; Appia blueprint due 2028.
Executive summary Detailed analysis Source document ↗
0:15
FMA FMA Austria Source document ↗
FMA Austria Digital Assets ✓ 13 claims 13 Oct 2026

FMA to enforce ESMA's three-month deadline on CASP services tied to non-MiCAR stablecoins

ESMA issued an Opinion on 8 October 2026 telling MiCAR-authorised CASPs to stop offering services linked to stablecoins that do not comply with MiCAR. Austria's FMA has confirmed it will apply those expectations in supervision and police a remediation deadline. This segment covers who is bound, what services are caught, and the clock that is now running.

  • ESMA published its Opinion on non-MiCAR-compliant ARTs and EMTs on 8 October 2026; the FMA will apply it in supervision.
  • MiCAR-authorised CASPs should not provide any covered service linked to non-compliant stablecoins to EU clients, standalone or combined.
  • Existing positions must be remediated as quickly as possible, no later than three months from the Opinion's publication date.
Executive summary Detailed analysis Source document ↗
0:15
FSB Financial Stability Board Source document ↗
Global Financial Stability Board Digital Assets ✓ 11 claims 13 Oct 2026

FSB maps cross-border stablecoin vulnerabilities, flags gaps in monitoring data

The Financial Stability Board has published a note summarising its monitoring work on global stablecoin arrangements. It sets out how these arrangements are structured, how vulnerabilities could propagate across borders, which metrics could support financial stability monitoring, and what data is actually available today. For compliance and policy teams tracking the FSB crypto framework, it signals where supervisory attention and data demands are heading.

  • FSB argues a single jurisdiction cannot fully assess or address cross-border vulnerabilities in global stablecoin arrangements that span multiple entities and authorities.
  • The note analyses arrangement structure, vulnerability propagation, and metrics for financial stability monitoring, plus the benefits and limitations of available data sources.
  • Delivered by FSB Chair Andrew Bailey on 12 October 2026 alongside finalised sound practices on AI adoption.
Executive summary Detailed analysis Source document ↗
0:15
FED Federal Reserve Source document ↗
United States Federal Reserve Digital Assets ✓ 14 claims 12 Oct 2026

Fed opens comment on two GENIUS Act rules for Board-supervised stablecoin issuers

The Federal Reserve has put out two proposals building the framework for payment stablecoin issuers it supervises under the GENIUS Act. One covers reserve backing, capital, risk management and custody of backing assets; the other sets a tailored application, appeals and hearing process for banks seeking to issue. Comment runs 60 days from Federal Register publication. This segment covers what each proposal binds and where the pressure points sit.

  • First proposal requires full reserve backing with permissible assets, standardized capital for credit and operational risk, and custody rules for backing assets.
  • Second proposal sets a tailored application process for Board-supervised banks to issue stablecoins, with appeals, hearings and final determinations.
  • Comment period closes 60 days after publication in the Federal Register; Governor Barr issued a separate statement.
Executive summary Detailed analysis Source document ↗
0:15
BOE Bank of England Source document ↗
United Kingdom Bank of England Digital Assets ✓ 16 claims 12 Oct 2026

Bank of England board consults on design of next-generation UK retail payments infrastructure

The Retail Payments Infrastructure Board has opened a consultation that will shape the blueprint for Britain's next-generation retail payments system. It covers the payment journeys, design choices and functionality the new infrastructure should support, from account-to-account payments at the point of sale to enhanced cross-border flows. The output feeds a new industry-led Delivery Company. Responses close 11 September 2026.

  • RPIB consultation seeks views on payment journeys, design choices and priorities for the UK's next-generation retail payments infrastructure; responses close 11 September 2026.
  • Proposed functionality includes account-to-account payments at the point of sale as an additional option to cards, and enhanced cross-border payments.
  • A new industry-led Delivery Company will own and deliver the core infrastructure; Pay.UK continues running existing systems including Faster Payments, Bacs and the Image Clearing System.
Executive summary Detailed analysis Source document ↗
0:15
BOE Bank of England Source document ↗
United Kingdom Bank of England Digital Assets ✓ 18 claims 12 Oct 2026

Bank of England sets £40bn issuance cap for systemic stablecoins, drops holding limits

The Bank of England has published its policy statement and draft Code of Practice for systemic sterling stablecoin issuers, revising two central proposals from its 2025 consultation. It swaps per-holder limits for a per-coin issuance guardrail and loosens backing-asset rules. This segment covers what changed, the timeline to finalisation, and how the regime splits from the FCA's.

  • Maximum backing held in interest-bearing short-term UK government debt rises from 60% to 70%, with the remainder in central bank deposits.
  • Consulted per-holder holding limits are dropped; a temporary per-coin issuance guardrail applies, initially set at £40 billion and reviewed regularly.
  • Feedback closes 22 September 2026; the Bank intends to finalise the Code by end-2026, allowing regulated stablecoins to operate from 2027.
Executive summary Detailed analysis Source document ↗
0:15
CFTC CFTC — Commodity Futures Trading Commission Source document ↗
United States CFTC — Commodity Futures Trading Commission Digital Assets ✓ 13 claims 12 Oct 2026

CFTC opens comment on crypto asset market framework under existing commodity authority

The CFTC has published an Advanced Notice of Proposed Rulemaking on how it would regulate retail crypto asset transactions under section 2(c)(2)(D) of the Commodity Exchange Act. This segment covers what the agency is asking, the new registration category it is floating, and the 60-day clock now running for anyone who wants to shape the eventual rules.

  • CFTC issued an ANPRM on retail crypto asset transactions under CEA section 2(c)(2)(D), published 5 October 2026.
  • It floats codifying a "crypto asset market" as a subcategory of designated contract market registration purpose-built for crypto transactions.
  • Comments are due within 60 days of Federal Register publication; the notice informs potential future rulemaking rather than proposing rules.
Executive summary Detailed analysis Source document ↗
0:15
ECB European Central Bank Source document ↗
European Union European Central Bank Digital Assets ✓ 23 claims 12 Oct 2026

ECB's Cipollone sets 2029 digital euro target as trilogue nears deadline

Piero Cipollone laid out the ECB's full digital money strategy: a retail digital euro moving through trilogue, and the wholesale Pontes and Appia initiatives for tokenised settlement. The speech matters for the fresh financial-stability modelling on holding limits and for the concrete 2027 pilot and 2029 issuance timeline banks now need to plan against.

  • ECB aims for potential first digital euro issuance in 2029 if legislation concludes by end-2026; trilogue is under way with a Council push to finish this year.
  • Modelling of 2,025 banks shows holding limits up to €3,000 leave aggregate LCR at 163% and project a €127bn deposit inflow by 2034 under business-as-usual.
  • Pontes launched 21 September to settle tokenised transactions in central bank money, full implementation mid-2028; Appia blueprint targeted for 2028.
Executive summary Detailed analysis Source document ↗
0:15
ESMA ESMA Source document ↗
European Union ESMA Digital Assets ✓ 11 claims 12 Oct 2026

ESMA tells MiCA-licensed crypto firms to stop serving non-compliant stablecoins

ESMA has issued an opinion drawing a hard line around stablecoins that do not meet MiCA. It tells authorised crypto-asset service providers to cease offering any MiCA service connected to non-compliant asset-referenced and e-money tokens, and directs national regulators to enforce controls and clear legacy exposures within three months. This segment covers what binds, the carve-outs, and the compliance clock.

  • Authorised CASPs must cease all MiCA services linked to non-MiCA-compliant ARTs and EMTs for EU clients.
  • NCAs must require remediation of pre-existing exposures within three months of the 8 October 2026 opinion.
  • Residual activity is confined to liquidation, conversion, withdrawal, transfer or safekeeping, time-limited and supervised.
Executive summary Detailed analysis Source document ↗
0:15
SRB Single Resolution Board Source document ↗
European Union Single Resolution Board Digital Assets ✓ 14 claims 11 Oct 2026

SRB flags resolution gaps for stablecoins in response to Commission's MiCA review

The Single Resolution Board has told the European Commission that the current MiCA framework leaves resolution authorities short of tools and information when stablecoin activity threatens credit institutions. This segment covers what the SRB is asking for, the four bank roles it has identified, and why the interaction between MiCA and the EU resolution rulebook is now on the table.

  • SRB says non-credit stablecoin issuers lack a dedicated resolution regime for systemic activity, beyond some supervisory and recovery measures.
  • It wants data-sharing, supervisor-resolution coordination and alignment of MiCA with BRRD and SRMR on reserves, segregation and depositor protection.
  • The response focuses on credit institutions as token issuers and as institutions funded by issuers and crypto-asset service providers.
Executive summary Detailed analysis Source document ↗