Weekly Crypto Regulation Roundup: SEC Advances ETF Reform, White House Unveils Crypto Roadmap

Key Points

1. The President’s Working Group on Digital Asset Markets released a report aiming to transform the U.S. into the 'Crypto Capital of the World,' proposing clear SEC/CFTC rules and modern bank reforms.

2. The SEC launched 'Project Crypto,' an initiative to establish comprehensive regulatory frameworks to attract crypto businesses to the U.S.

3. New Generic Listing Standards for crypto exchange-traded products were introduced, potentially allowing up to a dozen tokens to qualify for ETF listing by October.

4. The UK FCA reversed a 4+ year ban, allowing retail investors access to crypto ETNs starting October 8.

5. The GENIUS Act is now law, and the CLARITY Act is receiving overwhelming support, signaling swift legislative progress in crypto regulation.