The Financial Industry Regulatory Authority (FINRA) has fined Revere Securities LLC $800,000 for AML and supervisory failures linked to foreign small-cap initial public offerings (IPOs). FINRA found that some of the IPOs showed signs of possible “ramp-and-dump” schemes. In these schemes, a stock price is pushed higher before shares are sold quickly, often causing the price to fall and creating losses for other investors.

Announced just recently, the withdrawals cover proposed requirements for transactions involving convertible virtual currency (CVC) and unhosted wallets, as well as a separate proposal targeting CVC mixing. FinCEN said it considered public comments and is withdrawing the proposals as part of the Trump Administration’s deregulatory agenda and its efforts to ensure digital-asset regulations are “fit-for-purpose.”

The Securities and Futures Commission (SFC), the Accounting and Financial Reporting Council (AFRC) and The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today issued a joint statement addressing growing regulatory concerns over the increasing number of listed issuers publishing financial statements with a disclaimer of opinion solely relating to going concern. The joint statement sets out

First Digital, the group behind the FDUSD stablecoin, has agreed to list on Nasdaq by merging with a special purpose acquisition company (SPAC). The deal with CSLM Digital Asset Acquisition Corp III (KOYN) values First Digital at US$250 million before new capital is raised. Both companies expect it to close in the first half of 2027, pending shareholder and regulatory approval. First Digital will then be fully owned by a new holding company in the Cayman Islands. Fo

Singapore Police investigate 259 people in a $5.2M scam and money-mule crackdown across 648 cases, as the Facility Restriction Framework tightens controls on banking, telecoms and Singpass access.

The FCA says 21 CFD firms have closed since 2025, while three others are cancelling permissions over concerns about misleading use of UK authorisation.

Hong Kong’s Securities and Futures Commission (SFC) and Accounting and Financial Reporting Council (AFRC) have signed a new memorandum of understanding (MoU).

UBS and Mizuho Bank have executed test transactions on Swift‘s blockchain-based shared ledger.

HSBC has named its planned Hong Kong stablecoin HSBC RedCoin ahead of a phased rollout starting with everyday payments.