Crypto .com receives conditional approval from the US OCC and plans to apply for a federal national bank charter

Australia Advances New Crypto Regulatory Framework, Senate Committee Supports Digital Asset Licensing System

The Australian Senate Economics Legislation Committee supports the Corporations Amendment Bill 2025 (Digital Assets Framework), which aims to incorporate crypto assets into the financial system by establishing a licensing regime and strengthening consumer protections. At the same time, it will establish a unified regulatory structure for digital asset service providers. If the bill passes, relevant companies will have a six-month transition period to meet the new requirements. This policy is expected to improve Australia's position in digital asset regulation.

CLARITY Bill Poll Exposes Core Demands of Crypto Users: Privacy Protection Trumps Stablecoin Yields

A poll on the Digital Asset Market Transparency Act shows that crypto users prioritize privacy and financial autonomy over stablecoin yield incentives. Regulatory provisions may threaten decentralized finance principles, sparking controversy. In Congress, the stablecoin yield issue has impeded the bill's progress, with no consensus reached yet. The bill's review is expected to be delayed until 2026.

Australian Gen Z 23% Hold Cryptocurrency, ASIC Warns of AI Financial Advisory Risks

The Australian Securities and Investments Commission investigation shows that 23% of Gen Z hold cryptocurrency, and 64% trust AI platforms as sources of financial information. Despite their widespread reliance on social media for financial knowledge, they may face unrealistic investment expectations and fraud risks. ASIC is strengthening regulation of these emerging financial channels.

Australian Senate Committee Recommends Country Advance Crypto Framework Legislation

The Australian Senate Economics Legislation Committee supports bringing cryptocurrency platforms within the financial services regime, amending relevant legislation to establish a licensing and compliance framework, requiring service providers to hold financial services licenses, and providing a six-month transition period.

Bipartisan Blockade! U.S. Congress Passes Bill to Ban Federal Reserve from Issuing CBDC Before 2031

The U.S. Senate passed a housing bill 89-10 that bans the issuance of central bank digital currencies (CBDC) before 2031 and promotes the development of private stablecoin markets. The bill has sparked disagreement between the two chambers over the duration of the ban, with the House of Representatives hoping for a permanent prohibition. Despite strong support, there remains uncertainty and political variables in subsequent negotiations in the House.

Ledger Executive: If the US Bans Stablecoin Yields, Other Countries May Fill the Regulatory Gap

Ledger Asia-Pacific Head Shibayama stated that if the US implements a stablecoin yield ban, international discussions will increase. Countries like Australia have already provided regulatory exemptions, and currently most stablecoins do not offer yields to users. US regulatory bill progress has been slow due to opposition to prohibition clauses supported by the banking industry. Asian financial institutions' focus has shifted toward financial product tokenization and stablecoin issuance, rather than crypto-native products like DeFi.