South Korean authorities set the maximum shareholding limit for major shareholders of crypto exchanges at 20%

FATF warns about the risk of sanctions evasion when trading P2P with stablecoins

The FATF warns that P2P stablecoin transactions using unhosted wallets are a significant blind spot in the crypto ecosystem, potentially evading AML oversight. They urge countries to assess risks and enhance monitoring of such transactions. In 2025, illegal addresses received $154 billion in crypto, with 84% involving stablecoins, although illegal transactions remain under 1% of on-chain volume.

ECB Warns Stablecoin Adoption Could Drain Bank Deposits

The ECB warns that increasing stablecoin adoption could threaten Europe's banking system by reducing bank deposits, impacting lending, and complicating monetary policy. The report emphasizes the need for balanced regulation to manage digital finance's growth and stability.

Trump Supports the "GENIUS Act" and the "Clarity Act": Criticizes Banks for Obstruction and Calls for Accelerating the U.S. to Become the "Global Crypto Capital"

Trump recently supported legislation for the crypto industry, criticizing banks for blocking the 《GENIUS Act》, and calling for the promotion of the 《Clarity Act》. He emphasized that the United States must complete legislation on the crypto market structure as soon as possible to maintain domestic industry development, prevent opportunities from flowing abroad, and promote cooperation between banks and the crypto sector to ensure economic benefits.

President Trump Demands Action as Banks Slow Crypto Legislation

Trump accuses banks of stalling the GENIUS and CLARITY Acts due to disputes over stablecoin rewards, warning delays could harm U.S. crypto leadership. Senate debates highlight divides over traditional banking models and crypto regulation.

Iran Leans on Stablecoins As War Shakes Crypto Flows

Iran's stablecoin strategy, which garnered international attention during geopolitical unrest, highlights the currency's role in the economy. The Central Bank halted USDT-toman trading to manage currency values. Reports indicate stablecoins were involved in 84% of Iran's illicit crypto volumes in 2025, with significant ties to the Islamic Revolutionary Guard Corps (IRGC). Amid airstrikes, Iran's crypto activities plummeted, revealing vulnerabilities while regime-related transactions likely persisted. The FATF's findings emphasize the duality of stablecoins in both legitimate and illicit financial activities.

JPMorgan CEO slams the crypto industry: "Interest-bearing stablecoins" are equivalent to deposits and should be regulated like banks

In the ongoing battle over stablecoin yields sparked by the 《CLARITY Act》, the most influential leader on Wall Street, JPMorgan Chase CEO Jamie Dimon, has spoken out, emphasizing that the banking industry is actively seeking to have "a fair playing field" with cryptocurrency companies. He also issued a stern warning: any stablecoin offering interest-like returns to users should be treated the same as bank deposits and subject to the same rigorous regulatory framework. On Monday, Jamie Dimon told CNBC that if crypto companies want to pay "interest-like" rewards to stablecoin holders, they should be regulated just like banks. He said: "The banking industry’s position is very clear: what we call 'rewards' are essentially 'interest.' If you hold customer funds and pay interest, you are in the banking business. In essence,"