#CryptoRegulation

🇺🇸 United States

Stablecoin Legislation Stalled: Senate Democrats blocked a bill intended to establish a federal regulatory framework for stablecoins, citing concerns about insufficient protections and potential conflicts of interest involving President Donald Trump's crypto ventures .

Bank Crypto Custody Clarification: The Office of the Comptroller of the Currency (OCC) issued a new interpretative letter affirming that national banks may hold cryptocurrencies for their customers, though the Federal Reserve's stance remains ambiguous .

🇬🇧 United Kingdom

Launch of GFO-X: The UK introduced its first regulated digital asset derivatives trading platform, GFO-X, offering bitcoin index futures and options, backed by fund management giant M&G and authorized by the Financial Conduct Authority (FCA) .

🇵🇰 Pakistan

Establishment of Pakistan Crypto Council (PCC): Pakistan launched the Pakistan Crypto Council in March 2025 to oversee and promote blockchain technology and digital assets within the country. The council is led by Finance Minister Muhammad Aurangzeb and includes Binance co-founder Changpeng Zhao as a strategic adviser .

🌐 Other Regions

European Union (EU): The EU's Markets in Crypto-Assets Regulation (MiCA) is set to enforce stricter compliance measures, including wallet ownership verification for transactions exceeding 1,000 euros, effective January 2026 .

South Korea: Introduced the Virtual Asset User Protection Act, combining 19 different crypto bills into one framework, with severe penalties for offenses like insider trading and market manipulation .

Brazil: Implemented the Cryptoassets Act, designating the central bank as the supervisor for crypto assets, aiming to prevent scams and enforce penalties for fraudulent activities