The United States imposes sanctions on Lebanon's gold trading company Jood SARL

Korea’s ruling party proposes the “Basic Act on Digital Assets”: stablecoins are regulated like banks, and RWA tokenization is included in the Capital Markets Act

The Democratic Party of Korea proposed a draft of the “Digital Asset Basic Act,” planning to bring stablecoins and tokenized real-world assets into existing financial regulations, making it the first economy in Asia to comprehensively regulate digital assets. The draft sets up a tough stablecoin licensing mechanism and a requirement under the Capital Markets Act for RWA tokenization, and also discusses controversies over stablecoin issuance rights, which may later advance to the end of 2026 to establish a complete regulatory framework.

SEC Crypto Safe Harbor Proposal Submitted for Review! Eligible crypto projects can begin operations without registration

U.S. SEC Chair Paul Atkins confirmed that the “safe harbor” framework for cryptocurrencies has been submitted to the White House for review. The proposal includes exemptions for new offerings and investment contracts to encourage regulation and innovation in digital assets. This has sparked enthusiastic debate in the financial industry and among cryptocurrency advocates, and going forward it will aim to strike a balance between protecting investors and promoting innovation.

Multiple U.S. law enforcement agencies oppose the DeFi developer protection provisions in the Senate’s crypto bill

Multiple U.S. law enforcement groups oppose the provisions in the Senate's crypto market structure bill that protect DeFi developers, arguing that it would weaken the government's ability to combat financial crime. The bill's proposed amendments have triggered a bipartisan rift, and it remains unclear whether it can move forward in the future.

The Dubai Virtual Assets Regulatory Authority issues token issuance guidelines, clarifying the regulatory framework for stablecoins and RWA

Dubai Virtual Assets Regulatory Authority (VARA) has issued virtual asset issuance guidelines, clearly outlining the design and distribution of stablecoins and real-world asset tokens. Token issuance is divided into three categories, providing market participants with a reference by improving transparency and regulatory certainty. These guidelines are an interpretation of existing rules, not new regulations.

New US FDIC rule! Stablecoin reserves face strict requirements and do not receive the $250k deposit insurance coverage per person

The U.S. FDIC has rolled out a regulatory framework for stablecoins, requiring 1:1 reserves, liquidity, and a redemption deadline within two days. The bill does not apply deposit insurance and is intended to ensure stability in the financial system. The FDIC clearly sets capital requirements and restrictions on returns, and clarifies the safety and compliance of stablecoins. This proposal is currently in the public comment period.

The U.S. Treasury Department plans to roll out “anti-money laundering regulations for stablecoins”: issuers must have freeze capabilities, pushing implementation of the GENIUS Act

The U.S. Department of the Treasury is developing new regulatory rules requiring stablecoin issuers to have the ability to intercept and freeze illicit transactions, and to comply with the Bank Secrecy Act. This is an important step toward implementing the GENIUS Act, aimed at protecting national security while supporting the development of the stablecoin ecosystem. The new rules emphasize that companies should proactively assess risks; companies that maintain a functioning anti-money-laundering program can avoid penalties.