Regulation
Trump nominates Mike Selig to chair the CFTC
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President Donald Trump has nominated Mike Selig, chief counsel of the SEC's crypto task force, to lead the Commodity Futures Trading Commission. The selection follows the withdrawal of previous nominee Brian Quintenz amid opposition from crypto donors Tyler and Cameron Winklevoss. If confirmed, Selig would oversee the agency's expanding role in regulating the $4 trillion crypto market.
Fintechs and nonbanks pursue crypto custody charters
As cryptocurrency integrates into mainstream finance, fintechs, nonbanks, and tech giants are competing for federal and state trust charters to handle custody services. This arms race highlights the shift from decentralized key control to regulated institutional standards. IBM's recent announcement underscores the growing normalization of crypto custody.
Crypto.com applies for OCC national trust bank charter
Singapore-based cryptocurrency exchange Crypto.com has filed an application with the U.S. Office of the Comptroller of the Currency for a national trust bank charter. The move aims to expand its federally supervised custody services for institutional clients. This follows similar efforts by firms like Coinbase and Circle in 2025.
Finance minister explains reasons for issuing PP 38 of 2025
2025년 10월 30일 00시 19분Corporate crypto exposure becomes practical for public companies
2025년 10월 29일 23시 56분Financial advice complaints rise 45% amid funeral policy issues
2025년 10월 29일 16시 03분Austrac fines crypto ATM operator Cryptolink in scams crackdown
2025년 10월 29일 02시 30분Oklahoma oil wastewater purges persist despite regulatory efforts
2025년 10월 28일 23시 34분Kenyan MP pushes bill to require degrees for influencers
2025년 10월 26일 21시 59분XRP cryptocurrency faces potential price correction
2025년 10월 25일 15시 54분African countries advance cryptocurrency regulations amid growing adoption
2025년 10월 24일 20시 49분Addis Ababa seals nearly 3,000 shops for lease violations
2025년 10월 24일 19시 29분Tesla's full self-driving revenue falls in third quarter
Colorado audit finds many cannabis flower THC labels overstated; concentrates largely accurate
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A statewide analysis led by the University of Colorado Boulder found that about 43% of cannabis flower products sold in Colorado listed THC levels outside the state’s ±15% accuracy threshold—most overstating potency—while 96% of concentrates matched their labels. The results point to a need for tighter testing and clearer packaging to bolster consumer trust.
NHTSA probes Tesla's Mad Max mode in Full Self-Driving
The U.S. National Highway Traffic Safety Administration has launched an investigation into Tesla's new 'Mad Max' mode for its Full Self-Driving system, amid concerns over aggressive driving behaviors. The mode, part of a recent firmware update, allows vehicles to exceed speed limits and perform spirited maneuvers. Regulators emphasize that drivers remain fully responsible for vehicle operation.
Trump nominates Mike Selig to lead CFTC
President Donald Trump has nominated Mike Selig, chief counsel to the SEC's crypto task force, to chair the Commodity Futures Trading Commission. The nomination follows the withdrawal of previous candidate Brian Quintenz and comes amid a staffing shortage at the agency. Selig pledged to promote innovation and position the US as the crypto capital of the world.
Tesla's cybercab may include steering wheel amid regulations
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Tesla's board chair Robyn Denholm indicated that the company's upcoming Cybercab robotaxi might feature a steering wheel and pedals to comply with U.S. safety regulations. This potential change contrasts with the vehicle's original design as a fully autonomous two-seater without manual controls. Production is slated for 2026, but regulatory limits could restrict deployment without such adaptations.
French lawmakers oppose digital euro and endorse bitcoin
France's National Assembly has adopted a resolution against the European Central Bank's proposed digital euro. The move supports Bitcoin and euro-denominated stablecoins as alternatives. This decision could influence Europe's monetary policies.
Nigeria exits FATF grey list after key reforms
Nigeria has been removed from the Financial Action Task Force (FATF) grey list, ending over two years of scrutiny for money laundering and terrorist financing risks. The delisting follows Central Bank of Nigeria-led reforms implementing anti-money laundering measures. This step restores confidence in the country's financial system and eases international transactions.
NHTSA contacts Tesla over Mad Max self-driving mode
The National Highway Traffic Safety Administration has reached out to Tesla for more details on its newly released 'Mad Max' mode in the Full Self-Driving system, amid ongoing probes into traffic violations. The mode, which enables higher speeds and frequent lane changes, has drawn scrutiny for potentially defying speed limits and safety laws. This development follows Tesla's revival of a feature first teased by Elon Musk in 2018.