Crypto & digital assets
Current understanding
Federal rulemaking and enforcement on cryptocurrency and digital-asset markets.
Evidence log
- 2026-08-18 — GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale: Treasury proposed GENIUS Act section 3 rules governing who may issue, offer, or sell payment stablecoins in the U.S., adding the core issuer-eligibility layer atop the parallel OCC/FDIC/FinCEN/OFAC/NCUA AML and issuer-supervision proposals. (novelty: 3)
- 2026-08-21 — Regulation Crypto Assets: SEC proposed ‘Regulation Crypto Assets,’ introducing a tiered offering exemption (up to $5M over four years or $75M per year) for crypto investment contracts and a safe harbor that could exclude some crypto assets from the ‘investment contract’ definition, potentially reshaping token issuance and securities classification. (novelty: 4)
- 2025-12-10 — SAFE Crypto Act: S.3428 (SAFE Crypto Act) introduced in the 119th Congress, read twice, and referred to the Senate Committee on Banking, Housing, and Urban Affairs, adding another Senate crypto-focused bill to the referral pipeline without yet disclosing substantive regulatory text. (novelty: 2)
- 2025-03-25 — Anti-CBDC Surveillance State Act: S1124 (Anti-CBDC Surveillance State Act) introduced, which would statutorily prohibit Federal Reserve banks from offering products/services or maintaining accounts for individuals and bar the Fed from issuing, testing, studying, or using a CBDC for monetary policy. (novelty: 3)
- 2025-05-21 — Stop TRUMP in Crypto Act of 2025: Stop TRUMP in Crypto Act of 2025 introduced, which would statutorily bar the President, VP, Members of Congress, and their immediate family from controlling, issuing, sponsoring, promoting, mining, or trading digital assets (including via intermediaries) while in office, with civil fines and criminal penalties. (novelty: 3)
- 2026-07-27 — Digital Equities and No Automatic Disqualifications Act: S5140 (Digital Equities and No Automatic Disqualifications Act) introduced and referred to Senate Banking, Housing, and Urban Affairs, signaling continued Senate interest in tokenized/digital equity frameworks alongside anti-disqualification provisions. (novelty: 2)
- 2026-02-02 — Digital Commodity Intermediaries Act: S3755, the Digital Commodity Intermediaries Act, was placed on the Senate Legislative Calendar under General Orders as Calendar No. 312, advancing a digital-commodity intermediary framework to floor-eligible status without yet enacting substantive market-structure provisions. (novelty: 2)
- 2025-04-10 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales”.: Public Law 119-5 enacted, nullifying under the Congressional Review Act the IRS ‘Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales’ rule and eliminating the broker reporting obligation for DeFi front-ends and service providers effectuating digital-asset sales. (novelty: 3)
- 2025-03-12 — A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales”.: CRA joint resolution introduced to nullify the IRS ‘Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales’ rule, which would remove tax-reporting obligations for DeFi front-ends and service providers effectuating digital-asset sales. (novelty: 2)
- 2026-06-05 — Fallen Servicemembers Religious Heritage Restoration Act: Fallen Servicemembers Religious Heritage Restoration Act introduced, which — alongside FISA Section 702 reauthorization provisions — would prohibit the Federal Reserve from issuing or testing a central bank digital currency, foreclosing a U.S. CBDC pathway. (novelty: 3)
- 2026-06-11 — Stop Crypto ATM Scams Act: HR9268 (Stop Crypto ATM Scams Act) introduced, proposing new consumer-protection restrictions on cryptocurrency ATM operators to address scam and fraud typologies targeting kiosk users. (novelty: 2)
- 2026-05-18 — Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the National Credit Union Administration: NCUA proposed rules implementing the GENIUS Act for credit union subsidiary Permitted Payment Stablecoin Issuers, adding the credit union charter to the set of federally supervised pathways for stablecoin issuance and introducing tokenized share concepts into NCUSIF-insured deposits. (novelty: 3)
- 2026-05-22 — Integrating Financial Technology Innovation Into Regulatory Frameworks: EO on Restoring Financial System Integrity directs integration of fintech innovation into existing regulatory frameworks, potentially affecting how digital-asset activities are supervised across agencies. (novelty: 2)
- 2026-06-05 — Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers: FDIC proposed BSA and sanctions compliance standards for FDIC-supervised Permitted Payment Stablecoin Issuers under the GENIUS Act, completing the inter-agency AML perimeter for stablecoin issuers alongside the parallel OCC/FinCEN/OFAC proposal. (novelty: 3)
- 2026-06-22 — Permitted Payment Stablecoin Issuer Customer Identification Program: Proposed joint FinCEN/federal banking regulator rule would require Permitted Payment Stablecoin Issuers to implement Bank Secrecy Act Customer Identification Programs, marking the first CIP framework tailored to a digital-asset issuer category. (novelty: 3)
- 2026-06-24 — Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance Risk Management: OCC, FinCEN, and OFAC jointly proposed AML/CFT and sanctions compliance risk-management rules for Permitted Payment Stablecoin Issuers under the GENIUS Act, creating the first bespoke BSA/AML framework for this new category of regulated digital-asset entity. (novelty: 4)
- 2026-06-24 — Joint Request for Comment on Further Definition of “Swap” and “Security-Based Swap” and on Alternative Compliance: cross-connection with swap-security-based-swap-definitions: Definitional line between swaps and security-based swaps is central to classifying crypto-linked derivatives products under CFTC vs. SEC jurisdiction. (novelty: 2)
- 2026-06-25 — Definition of Huione Group, a Financial Institution Operating Outside the United States of Primary Money Laundering Concern: FinCEN proposed (2024) expanding the Huione Group Section 311 primary-money-laundering-concern designation to include subsidiary H-Pay Service PLC and to add a ‘successor entity’ definition, tightening the perimeter of the existing correspondent-account special measure against a crypto-adjacent payments network. (novelty: 2)
Open questions
Related
Contributing findings
GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale
18-aug-2026
novelty 3
per-area 3
strengthens
Definition of Huione Group, a Financial Institution Operating Outside the United States of Primary Money Laundering Concern
25-jun-2026
novelty 2
per-area 2
strengthens
Permitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance Risk Management
24-jun-2026
novelty 4
per-area 4
introduces
Permitted Payment Stablecoin Issuer Customer Identification Program
22-jun-2026
novelty 3
per-area 2
strengthens
Fallen Servicemembers Religious Heritage Restoration Act
05-jun-2026
novelty 3
per-area 3
strengthens
Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers
05-jun-2026
novelty 3
per-area 2
strengthens
Regulation D: Reserve Requirements of Depository Institutions
26-may-2026
novelty 3
per-area 2
mentions
Integrating Financial Technology Innovation Into Regulatory Frameworks
22-may-2026
novelty 2
per-area 2
mentions
Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the National Credit Union Administration
18-may-2026
novelty 3
per-area 3
strengthens
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
10-apr-2025
novelty 3
per-area 3
strengthens
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
12-mar-2025
novelty 2
per-area 2
strengthens
An Act to provide for amendment of the Bretton Woods Agreements Act, and for other purposes.
19-oct-1976
novelty 2
per-area 2
mentions