
HSBC Subsidiary Wins Bank of England Approval for Digital Securities Sandbox
HSBC Orion received Bank of England approval to test digital securities, with a gilt transaction planned for early 2027.
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Original coverage across the crypto market, updated daily.

HSBC Orion received Bank of England approval to test digital securities, with a gilt transaction planned for early 2027.
OFAC listed four Iran-linked wallets, and Tether used its kill switch to freeze $131 million in USDT within hours.

Bolivia is exploring adding Tether's USDT to its national payments system amid a surge in crypto transaction volumes.
President Trump pushes for cryptocurrency clarity legislation, citing competition with China.
Pakistan's crypto regulator held talks with Mufti Taqi Usmani following a fatwa deeming crypto purchases impermissible under Islamic law.
Thailand's central bank plans to require proof of funds for large cash deposits and audit USDT transactions with securities regulators.
A Russian national was abducted in Bali and held for 30 hours until he surrendered access to his cryptocurrency account.

The SEC is reportedly examining whether the rapid growth of crypto ETFs has introduced new risks to investors.
The 21st Century ROAD to Housing Act includes a provision prohibiting the Fed from issuing a central bank digital currency.
Apple accuses former employees of stealing trade secrets for rival AI hardware development.

The SEC submitted a new filing in the Ripple remedies dispute, prolonging the debate over the final penalty.

EU lawmakers approved a regulation enabling tech firms to scan private messages for child abuse material, with an exemption for end-to-end encrypted chats.
A recent Supreme Court decision expanding presidential authority to remove agency heads may impact SEC and CFTC rulemaking.
Senator Ron Wyden urges retaining protections for blockchain software developers in the broader crypto bill.

European Parliament to hold another vote on extending surveillance rules that critics say threaten encryption.

Dubai leads Asian crypto hub rankings, India isolates banks from crypto, SBI Crypto shuts down major mining pool, and Russia advances digital ruble.

EU regulators say derivative function outweighs labeling in assessing compliance.

Peter Stokes, 19, faces US charges for role in failed $8 million crypto ransom scheme.
The National Organization of Black Law Enforcement Executives backs the CLARITY Act in a letter to Senate leaders.

Binance's Gillian Lynch argues the MiCA framework should be judged by the licenses it has issued, not by firms that withdrew applications.
SEC Commissioner Hester Peirce predicts the Clarity Act will pass this summer, signaling clearer crypto regulation.

A June 29 Supreme Court decision undermines the independence of regulatory agencies, potentially affecting crypto enforcement.
Cleveland Fed President Beth Hammack says robust AI infrastructure demand may keep inflation elevated, potentially requiring further rate hikes.

New legislation aims to shield American AI technology from foreign threats.