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The US Securities and Exchange Commission cancelled a scheduled vote on new cryptocurrency rules citing scheduling issues, amid stalled legislative efforts to establish clearer federal oversight of digital assets.
Malaysia's financial regulator warns that institutions must shift from paper-based compliance to data-driven, risk-intelligent systems as digital financial crime grows increasingly sophisticated and transnational.
The cryptocurrency industry has invested close to $200 million in US midterm elections, backing candidates who support pro-crypto legislation. The spending demonstrates the sector's growing political influence as Congress considers sweeping digital asset regulation.
Brunei's Chief Justice Dato Seri Paduka Steven Chong has pledged stronger judicial cooperation across Asean, emphasizing the need for regional courts to tackle emerging challenges from artificial intelligence, digital assets, and climate-related disputes.
Cryptocurrency exchange Coinbase has secured a settlement with the US Securities and Exchange Commission over a Freedom of Information Act dispute involving lost regulatory communications, with the SEC agreeing to pay $150,000 and overhaul record-keeping practices.
Paul Grewal, Coinbase's chief legal officer who spearheaded the cryptocurrency exchange's high-stakes legal fight against US regulators, is departing after six years. He will remain as adviser while Molly Abraham takes the top legal post.