The US Senate has failed to clear the procedural threshold needed to advance the Digital Asset Market CLARITY Act (H.R. 3633), with Tuesday's cloture vote falling short of the 60 votes required to move the bill forward. The result ends, for now, the closest the United States has come to a single statutory framework dividing crypto oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission, and pushes the question of who regulates dig

Sam Bankman-Fried has filed a petition for a writ of certiorari with the United States Supreme Court, seeking review of his 2023 conviction on seven counts of wire fraud, conspiracy and money laundering arising from the collapse of FTX, together with the US$11.02 billion forfeiture order that accompanied his 25-year sentence. The petition was filed on 10 September 2026 by Stanford law professor Jeffrey Fisher, and follows a Second Circuit Court of Appeals ruling in June that

Senate Republicans have released what they are calling the final draft of the Digital Asset Market Clarity Act (H.R. 3633), the bill that would settle whether the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) regulates a given digital asset. The redraft folds in 126 changes sought by Senate Democrats and arrives alongside a set of ethics restrictions that President Trump has agreed to accept. A cloture vote is scheduled for Tuesda

Italy has proposed exempting digital euro payments under €10 from merchant fees altogether, with an EU diplomat describing the plan as a merchant service charge cap of up to €0.02 for low-value transactions, such as espresso, with Italy open to a "net zero" fee for that band. The proposal is understood to have the backing of the European Central Bank and arrives as EU institutions negotiate the final terms of the Digital Euro Regulation, with the next round due on 10 Septembe

The G20 Chair recently released a statement following the finance ministers' and central bank governors' meeting held in Asheville, North Carolina from 31 August to 1 September 2026, committing members to: advancing responsible and effective regulatory and supervisory frameworks that preserve financial stability, support economic growth, and establish clear pathways for sound digital financial and digital assets innovation. The statement frames digital financial innovation as

Together with lawyer misusing generative AI, expert witnesses are now increasingly finding out that the use of generative AI exposes them to more potential criticism than they might have thought in the moment when they sought AI's help. Experts are using tools like ChatGPT and Claude to sort discovery documents, survey literature, and draft sections (or in some cases significant parts) of their reports. Courts in a number of jurisdictions are now exploring whether the record

The Banco Central do Brasil (BCB) has published rule requiring virtual asset service providers (VASPs) in Brazil to hold-up certain crypto transfers for up to 24 hours before they execute the transfer. It amends an earlier Resolução BCB nº 142, the BCB's existing fraud-prevention rule for payment services, and brings VASPs directly within that rule for the first time. The BCB states the change targets the fast movement of funds obtained through financial scams. The rule takes

The High Court of Australia has ruled in favour of the Australian Securities and Investments Commission (ASIC) against Web3 Ventures Pty Ltd, trading as Block Earner. In the judgment delivered on 17 June 2026, the High Court of Australia found in favour of ASIC, holding that Block Earner’s fixed‑yield ‘Earner’ product fell within Chapter 7 of the Corporations Act 2001 (Cth). The decision overturns the earlier Full Federal Court decision which found that the offering was not a

On 25 June 2026, the Australian Securities and Investments Commission (ASIC) issued an updated class no‑action letter extending both the scope and deadline of its transitional relief for certain digital asset businesses to 30 September 2026. ASIC’s no‑action relief provides a transitional policy position not to take enforcement action against certain unlicensed digital asset businesses, provided they lodge an AFSL (or variation) application by 30 September 2026, enter into an