U.S. Senate Pushes to Shift Crypto Oversight to Commodity Futures Trading Commission (CFTC)
A bipartisan Senate bill proposes transferring primary regulatory authority for digital-asset spot markets from the Securities and Exchange Commission (SEC) to the CFTC, classifying most crypto assets as “digital commodities”.
This is potentially a major structural shift for U.S. crypto regulation. If passed, it could clarify which assets are commodities versus securities, reassess oversight regimes, and open clearer paths for issuance and trading under the CFTC framework. For businesses and investors, it signals regulatory transition ahead.
Major Crypto ETF Outflows — $1.17 Billion in a Week
ETF flow data show roughly $1.17 billion in net outflows from crypto ETF products across the board in the latest week, as institutional sentiment appears to be pulling back.
Institutional flows are a key driver of crypto price and momentum. If capital is exiting, markets may face headwinds despite positive narratives. This may mean a longer consolidation or risk of further downside unless flows reverse.
Bank of England Softens Stablecoin Issuer Rules — Mixes Flexibility with Remaining Caps
The Bank of England proposed that major stablecoin issuers can invest up to 60% of their backing assets in government debt, marking a shift from tighter rules. However, holding caps for individuals and businesses remain.
Stablecoins remain critical infrastructure for the crypto ecosystem. Regulatory clarity and relaxation, albeit partial, in the UK means issuer risk may be lower for big players. However, consumer and stakeholder exposure is still capped. For token projects linked to stablecoins or payments, this is a favourable signal.
Brazil Expands Crypto Platform Regulation — Central-Bank Oversight Intensifies
Brazil’s central bank introduced new rules requiring crypto exchanges, brokerages, and stablecoin service providers to register and obtain authorization ahead of operations, signalling increased regulatory oversight in Latin America.
Emerging-market crypto regulation is now catching up. For global projects, operations in Latin America could face higher compliance costs, but also clearer market access. This underscores the global trend: regulation is not limited to Western markets.