Uniswap, one of the largest decentralised exchanges has announced a proposal to activate its long-debated fee switch . The proposal would see the protocol begin collecting fees and introduce a programmatic mechanism that enable users paid to burn UNI governance tokens . How will the fee switch work? The fee switch is a mechanism built into Uniswap’s protocol that allows governance to redirect a share of trading fees from liquidity providers to UNI token holders. Until now, t

The US Securities and Exchange Commission (SEC) voted recently to approve proposed rule changes by three national securities exchanges, enabling them to adopt generic listing standards for new cryptocurrency and other spot commodity ETFs. This means exchanges can now list and trade Commodity-Based Trust Shares that meet these standards without needing to submit individual proposed rule changes to the Commission under Section 19(b) of the Securities Exchange Act . This appro

The European Union is proposing a significant regulatory shift that could reshape how cryptocurrency firms and exchanges operate across the region. The European Securities and Markets Authority ( ESMA ) is drafting plans to transfer supervisory powers from national regulators to ESMA in an attempt to unify oversight. Verena Ross, chair of ESMA, told the Financial Times  that this transfer aims to: “ensure that we are addressing the continued fragmentation in markets and resol

The Australian Transation Reports and Analysis Centre ( AUSTRAC ) has commenced its education efforts in the run-up to implementation of Australia's enhanced virtual asset service provider ( VASP ) regime which is currently scheduled to enter into force from 31 March next year. The guidance follows: Substantial amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 ( AML/CTF Act ) passed last year which include a number of new designated services for

In a move to strengthen Australia’s money laundering defences, Minister for Home Affairs Tony Burke has announced proposed legislative amendments  that would grant the CEO of the Australian Transaction Reports and Analysis Centre ( AUSTRAC ), Brendan Thomas, new powers to restrict or prohibit high-risk financial products, services, and delivery channels. The legislation would also include provisions for banks to access visa status information  to help identify mule accounts.

Western Union has announced plans to launch the U.S. Dollar Payment Token ( USDPT ), a dollar-pegged stablecoin, on the Solana blockchain in the first half of 2026. The token will be issued by Anchorage Digital, a federally chartered digital asset bank, and integrated into Western Union’s global payment network. The initiative pairs Western Union’s cross-border infrastructure with Solana’s high-throughput public ledger and Anchorage’s regulated issuance framework. Users will

After nearly a year of anticipation, the Australian Securities and Investments Commission ( ASIC ) has released its finalised update to Information Sheet 225 (INFO 225) , setting out its views on when digital asset products and services fall within the scope of Australia’s financial services laws. The release coincides with a range of 'no-action' relief instruments giving the industry breathing space until 30 June 2026. This is a major development for anyone operating in the

The UK Financial Conduct Authority ( FCA ) has released a huge consultation paper CP25/28 titled 'Progressing Fund Tokenisation' which outlines new rules for fund tokenisation and direct-to-fund dealing. The paper expands on the 2023 Blueprint published by the Investment Association's Technology Working Group, which introduced a phased roadmap for fund tokenisation. The FCA has clearly put a huge amount of work into this document, which defines tokenisation as a method of re

The Trump Administration has been unashamedly pro-crypto, seeking to craft innovation supporting rules and changing the leadership at the previously anti-crypto Securities & Exchange Commission. This approach has dialed up further with news that Binance founder Changpeng “CZ” Zhao has been pardoned today for his conviction in connection with a prosecution of Binance for breaching sanctions and anti-money laundering laws. After the Department of Justice commenced that prosecut