befla

Open Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is live. The company announced Open USD on June 30 as a stablecoin for global money movement. Its headline feature is a reserve-sharing model: businesses can mint and redeem at no cost, without artificial volume caps, while partners … Read more

Taiwan has moved stablecoin issuance into a licensing test for supervised financial infrastructure. The Legislative Yuan passed the Virtual Asset Service Act on its third reading on June 30, establishing a dedicated framework for crypto trading platforms, stablecoin issuers, and other virtual asset service providers. The practical consequence is a stablecoin market where approval, reserves, domestic custody, … Read more

On June 29, the US Supreme Court ruled that President Donald Trump had the authority to remove the Federal Trade Commission (FTC) Commissioner Rebecca Slaughter, rejecting the statutory limits that previously allowed FTC commissioners to be fired only for cause. This decision overturned Humphrey’s Executor, the 1935 precedent that had protected certain independent agency commissioners … Read more

Europe’s crypto market resets on July 1, when MiCA’s transitional period ends and unauthorized exchanges lose the legal right to operate in the EU. Whether the deadline holds depends on the app stores on European phones. Under the ESMA’s June 23 statement, unauthorized crypto exchanges must immediately stop onboarding new EU clients, opening accounts, and … Read more

Australia’s July 1 AML/CTF deadline has turned regulated crypto transfers into a data workflow for exchanges and other virtual asset service providers. Users can still hold and move crypto in self-custody. The friction begins when funds pass through a reporting entity, where a transfer instruction can trigger identity, wallet, counterparty, secure-messaging, and record-keeping checks before … Read more

President Donald Trump’s 2025 annual financial disclosure was filed with the Office of Government Ethics on June 29 and certified on June 30, arriving as the CLARITY Act stalls over whether elected officials and their families should be allowed to hold, issue, promote, or profit from digital assets while writing the rules for those markets. … Read more

US regulators have started the compliance clock for stablecoin issuers, with a proposed customer-identification rule that would make direct minting, redemption, and account relationships look more like bank onboarding. The bigger fight begins after that first customer check. Stablecoins can be bought, transferred, and used across exchanges, wallets, DeFi venues, and smart contracts long after … Read more