Digital asset firms

UK lawmakers have pressed banks to explain how the upcoming FCA crypto regime may alter their current policies regarding digital asset firms. Lawmakers cited the issue as one of the single biggest barriers to growth.

Visa has partnered with WeFi, a company founded by the former Tether CEO, to integrate cryptocurrency into its payment network. The collaboration reflects a growing trend of partnerships between traditional payment networks and digital asset firms.

Crypto trade groups and digital asset firms are urging the Senate Banking Committee to expedite a markup on market structure legislation, emphasizing the urgency of legislative action. The push comes as ongoing U.S. market structure discussions face delays.

Thailand's Securities and Exchange Commission (SEC) is considering rule changes to allow digital asset firms to offer derivatives within existing entities, aiming to reduce market entry barriers. The proposed adjustments are part of a broader licensing overhaul to streamline regulatory requirements.

Thailand’s Securities and Exchange Commission (SEC) is proposing rule changes to allow digital asset firms to offer derivatives under existing licensing structures, aiming to reduce market entry barriers. The initiative seeks industry feedback as part of a broader licensing overhaul.