As of May 15, 2025, here is the latest update on global cryptocurrency regulations:

🇺🇸 United States: Regulatory Overhaul Underway

SEC's New Direction: SEC Chair Paul Atkins announced plans to establish clear guidelines for crypto tokens classified as securities. The aim is to promote lawful issuance, custody, and trading of crypto assets while deterring misconduct .(Reuters)

Executive Order 14178: President Trump signed an executive order titled "Strengthening American Leadership in Digital Financial Technology," which prohibits the establishment of a central bank digital currency and mandates the development of a federal regulatory framework for digital assets within 180 days .(Wikipedia)

🌍 Global Developments

Pakistan: The government established the Pakistan Crypto Council (PCC) in March 2025 to oversee and promote blockchain technology and digital assets within the country. Binance co-founder Changpeng Zhao has been appointed as a strategic adviser to the council .(Wikipedia)

Bahrain: BitOasis, the Middle East arm of Indian cryptocurrency platform CoinDCX, officially launched operations in Bahrain after receiving a regulatory license from the Central Bank of Bahrain .(@EconomicTimes)

⚠️ Security and Ethical Concerns

El Salvador and Tether: Howard Lutnick, former Trump administration commerce secretary, is under scrutiny for his ties to cryptocurrency firm Tether and its operations in El Salvador. Tether has faced legal challenges, including allegations of insufficient asset backing and money laundering .(The Guardian)

France's Crypto Crime Wave: France is experiencing a rise in cryptocurrency-related kidnappings, with victims subjected to violence and held for hefty ransoms. Authorities are enhancing protections for crypto entrepreneurs in response .(The Irish Sun)

If you need further details on specific regulations or developments in a particular country, feel free to ask!

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