G20 members tout ‘clear pathways’ for digital asset innovation
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Video | U.S. SEC Chairman Paul Atkins: Providing Regulatory Certainty for Digital Asset Issuers
On June 30, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated at the Economic Club of New York that the United States is responding to the Trump administration's call to become the "crypto capital of the world." Through a new "crypto initiative," the SEC will accelerate the updating of its digital asset regulatory framework, clarifying which crypto assets are securities and whether they fall under SEC jurisdiction, providing clearer regulatory boundaries for issuers, investors, and entrepreneurs. Crucially, the SEC has signed a historic memorandum of understanding with the CFTC, attempting to unify key definitions and coordinate regulatory responsibilities. The crypto industry has long been plagued by ambiguous regulations and overlapping oversights; now, the U.S. is attempting to transform this "regulatory no-man's land" into fertile ground for market-driven blockchain and crypto innovation.
Vanguard Group publicly advertised for a head of digital assets, having explicitly stated that crypto assets were inconsistent with its long-term investment philosophy.
According to Mars Finance, Vanguard Group is hiring a Head of Digital Assets for its Personal Wealth business. The job requirements include over 10 years of relevant experience, a deep understanding of digital assets (tokenization, stablecoins, custody, settlement, etc.), and innovation and risk management capabilities in a regulatory environment. This position will be responsible for developing Vanguard's strategy, roadmap, and implementation in the digital asset space, including assessing digital asset capabilities, product development, operating models, and cross-functional collaboration with product, technology, operations, risk, legal, and compliance departments. It will also require representing Vanguard in external communications with industry players, regulators, and clients. It is understood that Vanguard began allowing brokerage clients to trade crypto ETFs and mutual funds last December, but the company has explicitly stated that it has no plans to launch its own crypto investment products, believing that digital assets are still inconsistent with its long-term investment philosophy.
Trump will earn over $600 million from his Solana Meme cryptocurrency by 2025; Gillibrand reiterates calls for ethical reform of digital assets.
Odaily Odaily reports that Fox Business crypto reporter published an article on the X platform stating that following the release of President Trump's financial disclosure documents, Senator Gillibrand has reiterated his call for ethical reforms to ban presidents, members of Congress, and their spouses from issuing or sponsoring digital assets. The financial disclosure documents show that President Trump earned over $600 million from his Solana Meme coin in 2025. This announcement comes as Senator Gillibrand's long-standing advocacy for stronger ethical rules comes under increased scrutiny, following reports that his son has raised funds to launch a crypto derivatives exchange.
UK House of Lords backs mandatory digital asset strategy over Labour position
The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.
Franklin Templeton digital asset veteran takes helm at StablecoinX
Former Franklin Templeton digital asset executive Christopher Jensen will lead StablecoinX, the largest corporate holder of Ethena’s ENA token.
Citadel Securities and DTCC partner as omnichain interoperability protocol LayerZero launches a new exchange, expanding institutional market infrastructure for digital assets.
BWENEWS AI: Citadel Securities and DTCC partner as omnichain interoperability protocol LayerZero launches a new exchange, expanding institutional market infrastructure for digital assets.