AFT urges Senate to withdraw Responsible Financial Innovation Act over tokenization risks to the $39 trillion retirement market
The American Federation of Teachers, representing 1.8 million members, has urged the U.S. Senate to withdraw the Responsible Financial Innovation Act, arguing it poses material risks to the $39 trillion retirement market. The union frames its appeal around a tokenization provision in the crypto market structure bill, linking a regulatory change to potential erosion of […]
Switzerland delays crypto tax info sharing until 2027
Switzerland has postponed the automatic exchange of crypto-asset tax information with foreign authorities until at least 2027, creating a gap between legal adoption and operational exchange. The main keyword, crypto tax info sharing, frames a decision driven by parliamentary suspension of partner-list work and ongoing international consultations involving 111 jurisdictions. The Federal Council approved domestic […]
Australia regulates crypto platforms with new consumer protection law
The Australian government introduced the Corporations Amendment (Digital Assets Framework) Bill 2025, requiring crypto platforms and tokenised custody providers to hold an Australian Financial Services Licence (AFSL) under ASIC supervision. Introduced on 26 November 2025, the initiative includes an 18-month transitional period and seeks to close gaps that allowed unlimited holding of customer assets while […]