Matthew Warner
July 01, 2025
Whilst Blockpass monitors and adapts to regulatory changes around the world, we only cover some of the news and developments in articles on the Blockpass blog. However, to showcase more information around what is going on in the blockchain and crypto regulatory scene around the world, we’ve selected some prominent or interesting news and articles that feature relevant crypto regulatory and compliance developments.https://news.bitcoin.com/us-lawmakers-set-september-deadline-for-crypto-laws-vow-global-leadership/
September is set to see a swathe of new crypto legislation coming in America as the US seeks to stage itself as the global leader for innovation in the cryptocurrency scene.
https://news.bitcoin.com/us-lawmakers-set-september-deadline-for-crypto-laws-vow-global-leadership/
A new bill governing how US-dollar-backed stablecoins will be regulated was passed by the US Senate, which requires such tokens to be backed by liquid assets amongst other measures.
The Chairman of the SEC has stated that Proof-of-Work based Bitcoin mining and the self-custody of cryptocurrencies do not violate US securities laws.
https://news.bit2me.com/en/the-SEC-on-Bitcoin-mining-and-self-custody
With the passing of a bill in the state’s lower house, California may soon accept payments using crypto, with the Department of Financial Protection and Innovation to develop regulations for it.
Moving in the opposite direction to many states, Connecticut has banned state agencies from interacting with crypto, whether in the form of reserves, payments or investments.
https://www.tokenpost.com/news/regulation/15816
Plans for a ‘MiCA II’ seem to have been set aside, but new regulations targeted at DeFi are set to come into effect in the EU next year in an effort to improve transparency and security.
https://www.cointribune.com/en/mica-is-not-enough-europe-is-preparing-new-defi-regulation-by-2026/
To keep up with the development of crypto around the world, Japan’ Financial Services Agency looks to legalize Bitcoin ETFs and rework tax laws, making the country more crypto-friendly.
https://coinfomania.com/japans-fsa-pushes-for-major-crypto-reform-under-financial-law/
New rulings would see VASPs forced to report the transactions and holdings of Spanish citizens, and to allow Spanish tax agencies to seize assets of those with outstanding debts.
https://news.bitcoin.com/spain-introduces-law-to-acquire-crypto-exchanges-data-seize-digital-assets/
The recent passing of the the Stablecoins Bill in Hong Kong marks another step in creating a cryptocurrency hub but enforces stringent regulatory requirements to prevent fraud.
https://blockchaintechnology-news.com/news/hong-kong-stablecoin-regulation-new-crypto-law/
The minister of state for crypto and blockchain in Pakistan has indicated that the country seeks to be a world leader in crypto and blockchain technology, and could follow US crypto law trends.
https://www.dawn.com/news/1915901
Although it banned the trading of crypto, Ethiopia is now regulating them in a move to help prevent money laundering and terrosim financing, and perhaps to legalise them in the future.
https://www.livebitcoinnews.com/ethiopia-regulates-crypto-despite-ongoing-ban/
In an attempt to become a new global crypto hub, the island nation of Nauru passed legislation to regulate crypto, digital banking and Web3 innovation, and has defined crypto as a commodity.
https://cointelegraph.com/news/nauru-passes-legislation-crypto-digital-asset-regulator
Matthew Warner is a content producer and researcher at Blockpass, focusing on writing and community engagement while exploring the potential of blockchain, AI, and IoT technologies.