Policy Event Β· High impact

U.S. Banks Continue Evaluating Stablecoin Projects

Reports said JPMorgan and a broader group including Bank of America, Wells Fargo and Santander continue to evaluate bank-led stablecoin initiatives as non-bank issuers expand payment token activity. Bank stablecoins would reshape expectations for issuer eligibility, reserve custody, redemption speed, transfer permissions and compliance recordkeeping.

High impactπŸ‡ΊπŸ‡Έ United StatesStablecoinRegulationTokenizationUSDJPMorganBank of AmericaWells FargoSantander

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: USD. Named institutions or platforms: JPMorgan, Bank of America, Wells Fargo, Santander. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Stablecoin tracker page β†’

Related policy events

China Policy Opinion Calls For National Blockchain Network And Integrated Computing Network

The CPC Central Committee and State Council policy opinion on new quality productive forces calls for a national integrated computing-power network and a national blockchain network alongside data-property-rights reforms. The signal moves enterprise blockchain, data-asset registration and compliant shared-ledger infrastructure deeper into China's industrial policy agenda.

Medium impactπŸ‡¨πŸ‡³ ChinaRegulationTokenization

Fibank And Bitpanda Enterprise Plan Bank Embedded Crypto Investing In Bulgaria

Fibank plans to integrate crypto investing into the My Fibank app through Bitpanda Enterprise, with launch expected in early 2027. The model brings crypto access inside a regulated bank channel, raising compliance questions around suitability, KYC inheritance, custody responsibility, execution and customer disclosures.

High impact🌐 BGBankingCustodyRegulation

Lithuania VMI Revises Crypto User Reporting Rules To Align With EU DAC8

Lithuania's State Tax Inspectorate revised crypto-asset user and transaction reporting rules to align local service-provider obligations with the EU DAC8 framework. CASPs need user classification, self-certification, tax-residency, transaction-data retention and cross-border reporting controls before first reporting deadlines bite.

High impact🌐 LT🌐 EUTaxationRegulationAML

SEC Sues Linqto Founder And Former Executive Over Pre IPO SPV Securities Fraud

The SEC reportedly sued Linqto founder William Sarris and former executive Joseph Endoso over alleged fraud in retail sales of pre-IPO private-company equity through SPV structures. The case puts private-market distribution, scarcity claims, pricing controls and retail access to non-standard securities under renewed enforcement scrutiny.

High impactπŸ‡ΊπŸ‡Έ United StatesEnforcementTokenizationRegulation