At the recent Stablecon conference, New York Department of Financial Services (NYDFS) Acting Superintendent Asrow emphasized the critical role of inter-agency collaboration in shaping effective stablecoin regulation. The remarks, delivered on September 16, 2026, reinforce New York’s position as a pioneer in digital asset oversight, building on more than a decade of experience regulating virtual ...
Banking Groups and State Attorneys General Challenge CLARITY Act Ahead of Senate Vote Major banking associations and a coalition of state attorneys general are mounting opposition to the CLARITY Act as the Senate prepares for a crucial vote scheduled for September 15. The legislation, which aims to establish a federal regulatory framework for stablecoins, faces ...
Thailand SEC Proposes Daily Stablecoin Transfer Cap of $151,000 Thailand’s Securities and Exchange Commission (SEC) has opened a public consultation on new stablecoin regulations, proposing a daily transfer limit of approximately $151,000 per person. The move signals a tightening of oversight for digital-asset payments as stablecoin usage grows in the country. Proposed Rules and Transfer ...
Coinbase CEO Highlights Bipartisan Progress on Crypto Legislation, Flags Ethics Negotiations Coinbase CEO Brian Armstrong said significant bipartisan progress has been made on comprehensive cryptocurrency legislation, though key ethics provisions for elected officials remain under negotiation. Broad Coalition Backs Measure Armstrong described the legislative process as collaborative, noting extensive input from stakeholders across the political ...
Circle’s Chelsea Shirt Deal Exposes a 14-Month Regulatory Gap in UK Stablecoin Oversight On August 31, 2026, roughly 40,000 spectators inside Stamford Bridge watched Chelsea players take the pitch wearing shirts emblazoned with “$USDC by CIRCLE.” Millions more viewed the broadcast across 189 countries. The moment marked the first regulated cryptocurrency company to secure a ...