#CryptoRegulation

The global landscape of cryptocurrency regulation continues to evolve with significant developments.

In the United States, the Department of Justice has adjusted its approach to digital assets, prioritizing the prosecution of specific criminal activities such as terrorism financing and fentanyl trafficking, rather than broad regulatory actions. However, recent cases, such as the charges against Garantex for money laundering, indicate possible inconsistencies in this new policy.

Simultaneously, the U.S. Senate is advancing legislation on stablecoins. A new draft law seeks to establish a clear regulatory framework for issuers of these digital currencies, which could attract greater institutional participation in the sector.

On the international front, Turkey has implemented comprehensive regulations for cryptocurrency service providers, requiring minimum capital requirements and strict anti-money laundering measures. These regulations, inspired by global standards like the EU's MiCA, will come into effect on June 30, 2025.

For its part, Argentina has established new regulations for virtual asset service providers, including mandatory registration requirements, cybersecurity protocols, and anti-money laundering measures. These measures aim to ensure transparency and protect users in the crypto ecosystem.