All posts by Adam Berker

The regulatory landscape for digital assets is expected to evolve with new laws and guidelines shaping custody solutions. Banks must prepare for these changes by adopting flexible compliance strategies and staying informed about potential regulatory shifts. Global regulatory bodies are likely to have a stronger influence, promoting standardization across jurisdictions. This trend may lead to the development of a unified regulatory framework for digital assets, simplifying compliance and enhancing security in digital finance.

The Markets in Crypto-Assets (MiCA) Regulation is set to reshape the European crypto industry. Designed for crypto-asset service providers, stablecoin issuers, investors, and financial institutions, MiCA creates a unified regulatory framework. Whether you’re an established company or a startup eyeing the European market, these new rules will redefine operations across the EU.

The EU Travel Rule mandates CASPs to share sender and recipient data for crypto transactions, enhancing transparency and AML compliance. Applicable to both EU and non-EU CASPs, it takes full effect by July 2025. CASPs must implement secure data transfers, identity verification, and risk management to ensure compliance and avoid penalties.

The repeal of SAB-121 removes regulatory barriers for banks, allowing them to expand crypto custody services without balance sheet constraints. This shift increases competition, accelerates blockchain adoption, and enhances risk management. However, new regulations may emerge from the Fed, Congress, or other regulators to fill the gap.