The Bank of England (BoE) has clarified that its proposed caps on stablecoin holdings and transaction sizes are intended to be temporary safeguards, not permanent barriers to digital asset adoption. Speaking at DC Fintech Week, Deputy Governor Sarah Breeden emphasized the BoE’s aim to support a role for regulated stablecoins within a “multi‑money system” while preserving financial stability during the transition.

Ripple CEO Brad Garlinghouse is urging U.S. policymakers to treat compliant crypto companies on par with traditional finance (TradFi) institutions. Speaking at DC Fintech Week, he said firms that meet Anti-Money Laundering (AML), Know Your Customer (KYC), and Office of Foreign Assets Control (OFAC) standards should receive the same regulatory benefits as banks—most notably access to a Federal Reserve “master account.”

Kenya’s Parliament has approved the Virtual Asset Service Providers (VASP) Bill in a major push to legitimize cryptocurrencies, with the measure now awaiting President William Ruto’s assent. The law aims to create a licensing and supervisory framework for crypto exchanges and wallets, strengthen consumer protection, and align with anti-money laundering and counter-terrorist financing (AML/CFT) standards.

The Bank of England (BoE) plans to exempt crypto exchanges and other operationally critical firms from proposed stablecoin holding limits, a move that could channel significant liquidity into Bitcoin (BTC) and Ethereum (ETH). By granting waivers for market-making and settlement operations—and allowing stablecoins for settlement in the Digital Securities Sandbox—the BoE addresses industry concerns that previous caps were unworkable.

The UK’s Financial Conduct Authority (FCA) has lifted its ban on crypto exchange-traded products for retail investors, opening the door to Bitcoin and Ethereum-linked exchange-traded notes (cETNs) as part of the country’s push to become a global “crypto hub.” However, despite headlines that the “UK crypto ban is lifted,” retail investors still can’t buy immediately due to administrative holdups.

Going forward, crypto stakeholders should closely watch whether this no-action letter becomes a precedent for other token projects that link blockchain incentives to real-world services. If so, DePIN adoption could accelerate, transforming how global infrastructure—from internet bandwidth to IoT devices—is deployed and monetized, while reassuring builders and investors that innovation can coexist with regulatory compliance.

South Korea’s ruling Democratic Party (DP) has officially launched a crypto policy task force, signaling a more proactive stance toward shaping the country’s digital asset industry. The task force is tasked with drafting policies aimed at fostering innovation and promoting growth in blockchain, cryptocurrency, and fintech sectors.

The price of Bitcoin (BTC) slipped below the critical $115,000 level after the U.S. Federal Reserve executed a widely anticipated 25-basis-point interest rate cut, lowering the benchmark range to 4.0%–4.25%. Despite the dovish shift, Bitcoin’s immediate reaction was muted, as traders weighed the Fed’s cautious stance on inflation, employment, and growth.

The U.S. Securities and Exchange Commission (SEC) has officially approved generic listing standards for crypto ETFs, streamlining the process for spot digital asset exchange-traded funds. Under Rule 6c-11, stock exchanges such as the Nasdaq, NYSE Arca, and Cboe BZX can now list crypto ETFs without requiring case-by-case approval from the SEC.

Texas is taking the lead in digital assets with the Money Services Modernization Act, clear rules for stablecoins, and even a proposed Bitcoin reserve. By blending regulation with bold experimentation, Texas is positioning itself as a U.S. hub for crypto innovation and financial policy that could reshape how investors and businesses interact with digital assets.