Crypto Market Surges as US and UK Unveil New Regulatory Frameworks

In today's episode, we explore the cryptocurrency market's significant rally, led by Ethereum, and the easing of US federal regulations for banks engaging in crypto activities. We also delve into the US SEC's new guidelines for cryptoassets and the UK's plans for a comprehensive digital asset regulatory framework. Plus, the US Treasury's FinCEN designates Cambodia-based Huione Group as a primary money laundering concern. Join us for these stories and more on Simply News Radio.

Sources:
https://natlawreview.com/article/united-states-secs-division-trading-and-markets-issues-crypto-asset-related-faqs
https://www.sec.gov/newsroom/speeches-statements/peirce-tm-faq-051525
https://www.sec.gov/rules-regulations/staff-guidance/trading-markets-frequently-asked-questions/frequently-asked-questions-relating-crypto-asset-activities-distributed-ledger-technology
https://www.stblaw.com/about-us/publications/view/2025/05/20/new-guidance-from-the-sec-s-division-of-trading-and-markets-signals-a-welcome-shift-on-the-sec-s-approach-to-crypto-asset-activities-and-distributed-ledger-technology
https://www.jdsupra.com/legalnews/sec-s-division-of-trading-and-markets-6571157/
https://www.dlapiper.com/en-us/insights/publications/blockchain-and-digital-assets-news-and-trends/2025/blockchain-and-digital-assets-news-and-trends-may-2025
https://www.jdsupra.com/legalnews/blockchain-and-digital-assets-news-and-4136476/
https://katten.com/files/2060329_financial_markets_and_funds_quick_take_may_2025.pdf
https://coingeek.com/uk-requires-digital-asset-firms-to-report-customer-data/
https://news.shib.io/2025/05/19/uk-to-require-crypto-firms-to-report-all-transactions-by-2026/