U.S. Treasury Secretary Yellen: The Crypto Market Structure Act needs to be passed this spring

Dutch bank, the Netherlands Bank, ClearBank has obtained MiCA approval to launch stablecoin services and will provide savings accounts through a certain CEX.

Dutch bank ClearBank receives EU MiCA approval and a CASP license, and will launch digital asset services, including euro- and dollar-denominated stablecoins, to improve the efficiency of cross-border payments, and will also offer savings account services covered by UK deposit insurance protection.

A CEX co-founder donates $5.4 million to the UK’s Reform UK party

A CEX co-founder, Ben Delo, donated $5.4 million to the Reform UK party, and the donation took place before new UK regulations came into effect. Delo was previously fined $10 million for violating anti–money laundering compliance and received a pardon from Donald Trump. Reform UK positions itself as a pro-cryptocurrency political party and is currently facing a pause order on crypto donations. After relocating to the UK, Delo plans to be exempt from donation limits.

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.