Coins

Kraken Top Crypto Exchange in EU Lobbying Spending Ahead of Coinbase

In brief Kraken’s parent company, Payward, topped the list of spenders from the crypto industry. Payward spent between $323,000 and $430,000 in 2024. The EU’s Markets in Crypto-Assets Regulation went fully into effect on December 30, 2024. Crypto exchanges spent millions lobbying the European Union in 2024, based on publicly available data, with many of…

Law and Order

How Japan’s Crypto Insider Trading Ban Could Reshape Global Policy

In brief Japan plans to ban insider trading in cryptocurrencies under the Financial Instruments and Exchange Act. The move empowers its financial regulators to investigate and penalize illicit trades, extending securities-style oversight to digital assets. Policy experts say Japan’s clarity could trigger “competitive convergence,” pushing other major markets to align on crypto regulation. Japan is…

Business

FSB Warns of ‘Cascading Failures’ Due to Crypto Regulatory Arbitrage

In brief The Financial Stability Board’s review of nearly 40 jurisdictions found “significant gaps and inconsistencies” in crypto regulations that threaten financial stability. A separate European Banking Authority report revealed crypto firms engaging in regulatory “forum shopping” across EU member states. Cross-border cooperation remains “fragmented, inconsistent, and insufficient,” with authorities struggling to share information due…