top of page
BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, NXT Law
Search


Cayman Crypto Foundation Count Climbs to New Heights
The Cayman Islands, with a secure British legal system, safe business environment and tax neutral status, has long been a favoured home to US Hedge funds (35,000+) and crypto companies, and new data from the Cayman Islands General Registry underscores just how much that growth has continued. In 2017, the Cayman Islands legislated into existence the Cayman Foundation in the Foundation Companies Act , a highly flexible corporate structure which could operate to manage wealth an
Dec 10, 20252 min read


US CFTC Unlocks Tokenised Collateral in Derivatives Markets
The US continues to drive forward in crypto, with the powerful Commodities, Futures Trading Commission ( CFTC ), which has often been seen in competition with the Securities Exchanges Commission ( SEC ), moving to announce a digital asset pilot program and updated guidance under which tokenised assets will be approved for use as collateral for derivatives in regulated US markets and "outdated" requirements removed . The move could see a variety of tokenised assets used incr
Dec 10, 20252 min read


That's one small shard for man, one giant leap for blockchain-kind
Ethereum upgrades have always been a mix of spectacle and subtlety—Dencun's blobs reshaped Layer 2 economics overnight, Pectra's account tweaks whispered promises of smoother user experiences. But the latest fork: Fusaka, activated on December 3, 2025, at epoch 411,392 (around 21:50 UTC), was more of an under-the-hood upgrade that will have broader and longer impacts. Named after a cosmic nod—"Fulu" for the consensus layer's starry precision, "Osaka" for the Devcon 2025 host
Dec 5, 20252 min read


Flip the switch: Is Uniswap ready for the regulatory ripple effect?
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
Nov 21, 20253 min read


ETF-initely a game changer? SEC clears the path for spot crypto ETFs
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
Nov 21, 20253 min read


Passport panic: EU proposes expanded ESMA authority
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
Nov 20, 20252 min read


AUSTRAC issues VASP guidance
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
Nov 11, 20255 min read


Australia to give AUSTRAC new powers on high risk products and channels
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.
Nov 7, 20253 min read


Telegraph Pioneer Saddles up to offer Stablecoin with Solana and Anchorage
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
Nov 1, 20252 min read
Small Title
bottom of page
