Crypto Regulation News

Australian regulators are warning the public about Yepbit and Yepbit Exchange amid broader efforts to curb crypto investment scams. ASIC’s alert highlights the risk of platforms operating without proper authorization or using misleading claims to attract users. The development reflects a wider enforcement focus on online investment schemes, especially those promoted through social media, messaging apps, and fake trading dashboards.

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Dubai’s Virtual Assets Regulatory Authority has granted ARP Digital a Broker-Dealer licence, marking the firm’s expansion from Bahrain into the UAE. The approval enables regulated digital asset and stablecoin conversion services for UAE-based corporates, capital markets participants and qualified investors. ARP Digital said the licence strengthens its regulated infrastructure across the Gulf.

The SEC is exploring a new regulatory framework that could allow crypto projects to secure early-stage funding without registering securities. The review comes as lawmakers face delays in advancing comprehensive digital asset legislation. A new exemption could address part of the regulatory uncertainty facing crypto startups and provide an alternative path for early fundraising in the U.S.

The Trump administration remains committed to advancing the CLARITY Act in September despite the Senate delaying action until after its August recess. White House crypto policy official Patrick Witt said negotiations with Democrats will continue ahead of the expected mid-September cloture vote. The bill would establish federal rules for digital asset market structure and clarify securities and commodities oversight.

Revolut Bank S.A. has received a full banking licence from French regulator ACPR and the European Central Bank. The licence will allow Revolut to begin serving customers in France before expanding to Germany, Ireland, Italy, Portugal and Spain under its new European dual-hub model.

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South Korea is reportedly considering changes that would loosen major-shareholder review rules for virtual asset service providers. The move could soften earlier proposals that expanded scrutiny of exchange owners, CEOs, and controlling shareholders. If adopted, the change may reduce regulatory friction for crypto exchange restructuring, investment, and potential M&A while still keeping compliance checks in place.

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Binance affiliates have sued RedotPay’s co-founders in Hong Kong, seeking $472.8 million in damages. The lawsuit alleges the founders diverted over 470,000 users from Binance Pay into RedotPay’s stablecoin card network, breaching a 2025 agreement.

U.S. and UK financial regulators held their 13th Financial Regulatory Working Group meeting in London, with digital finance among the key agenda items. Officials discussed stablecoins, digital asset market structure, tokenisation, payment modernization, AI in financial services, cybersecurity, and operational resilience. The meeting signals continued transatlantic coordination as both countries update financial rules for emerging technologies.

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The Bank Policy Institute and The Clearing House Association urged federal regulators to better coordinate implementation of stablecoin rules under the GENIUS Act. In comments to the FDIC, the groups said BSA and sanctions standards for permitted payment stablecoin issuers are important, but warned that fragmented rulemaking across agencies could create inconsistent requirements and regulatory arbitrage risks.

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India has updated its global tax reporting framework to include crypto-assets, CBDCs, and other digital financial products under the OECD’s Crypto-Asset Reporting Framework (CARF). The revised rules strengthen cross-border tax reporting and impose stricter compliance requirements on exchanges and financial institutions.

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