Make Crypto Make Sense™
Institutional intelligence before the institutions arrive.
Every week, we track what moved across SEC, ESMA, MAS, FINMA, and 20+ regulatory bodies — and tell you what it means for your desk. Built from primary sources. Written for professionals.
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Read by compliance and legal teams at Standard Chartered, Lloyds, Freshfields, and Loyens & Loeff.
Essential Analysis
- •MiCA's Passport Problem: Europe's Crypto Single Market Is Fracturing Before It Begins
Why MiCA's single-market promise is fragmenting across 27 implementation regimes.
- •UK Property (Digital Assets) Act 2025 Guide
The legal framework that finally gives digital assets property rights under English law.
- •Stablecoins vs CBDCs vs Tokenized Deposits
The structural comparison your treasury team needs before choosing rails.
- •Off-Bank FX Settlement Regulatory Guide
How settlement is moving outside traditional banking — and what regulators are doing about it.
- •EU MiCA Enforcement Heatmap
Which member states are enforcing, which are delaying, and what that means for your licensing strategy.
This Week's Intelligence
- •HSBC Is About to Issue a Stablecoin— Mar 28, 2026
HKMA licensing first batch. Nasdaq gets SEC nod for tokenized settlement. Five tokenization rails launched in one week.
- •The CFTC Just Opened US Derivatives Markets to Crypto Collateral— Mar 26, 2026
First operational framework: 20% capital charge on BTC/ETH, 2% on stablecoins. Plus a task force targeting perpetual futures.
- •FINRA Just Put Agentic AI on the Exam Checklist— Mar 20, 2026
2026 report names autonomous AI systems a broker-dealer examination priority. Treasury framework becomes soft law.
- •Vietnam Banned Foreign Exchanges. FATF Knows Why.— Mar 19, 2026
Offshore VASP report exposes regulatory arbitrage across 46% of jurisdictions. SEC-CFTC issue first joint crypto classification.
Analysis built from BIS, ECB, ESMA, FINMA, MAS, SEC, FATF, and 60+ primary sources per week. Written by a cross-border transactions lawyer since 1998.
Register to read the full brief.
Read by compliance and legal teams at Standard Chartered, Lloyds, Freshfields, and Loyens & Loeff.