As of May 15, 2025, here’s the latest update on global cryptocurrency regulations:
🇺🇸 United States: Regulatory Overhaul and Strategic Initiatives
🏛️ SEC's Pro-Crypto Shift
The Securities and Exchange Commission (SEC), under new Chair Paul Atkins, is moving towards establishing clear guidelines for crypto tokens classified as securities. The aim is to promote lawful issuance, custody, and trading of crypto assets while deterring misconduct.
🏦 Banking Sector Embraces Crypto
Office of the Comptroller of the Currency (OCC): Clarified that banks can engage in crypto-asset custody and execution services, provided they manage associated risks appropriately. (OCC.gov)
Federal Deposit Insurance Corporation (FDIC): Issued new guidance allowing FDIC-supervised institutions to engage in permissible crypto-related activities without prior approval, emphasizing risk management and compliance. (FDIC)
🏛️ Executive Actions
Executive Order 14178: Signed by President Trump, this order prohibits the establishment of a central bank digital currency and mandates the development of a federal regulatory framework for digital assets within 180 days.
Strategic Bitcoin Reserve: Established to maintain government-owned Bitcoin as a national reserve asset, along with a Digital Asset Stockpile for other cryptocurrencies. (Wikipedia)
🌍 Global Developments
🇵🇰 Pakistan: Formation of Crypto Regulatory Body
The government of Pakistan 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.
🇧🇭 Bahrain: Crypto Exchange Expansion
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.
⚠️ Security and Ethical Concerns
🇫🇷 France: Rise in Crypto-Related Crimes
