ChainCatcher news, according to Petra, Jordan has announced plans to develop a comprehensive regulatory framework for virtual and digital assets within a year, aimed at aligning with global standards and promoting the development of its digital economy.The plan will be led by the Jordan Securities Commission (JSC) and supported by the National Future Technology Committee, focusing on creating the necessary legal and technical infrastructure to oversee cryptocurrency trading platforms and virtual asset activities.A ministerial committee led by the Minister of Digital Economy and Entrepreneurship will manage the challenges and guide the implementation of these regulations, consisting of officials from the country's central bank, JSC, and the National Cybersecurity Center.This move comes as Jordan seeks to address the vulnerabilities highlighted by the Financial Action Task Force (FATF). Due to concerns over virtual asset risks and money laundering loopholes, the task force placed Jordan on the gray list in 2023.

ChainCatcher news, according to The Block, investment bank TD Cowen stated that the Donald Trump administration has taken initial steps to indicate its support for the cryptocurrency industry, but meaningful regulatory clarity is still far from being realized immediately. On Thursday, Trump signed an executive order establishing a digital asset market working group, tasked with identifying and eliminating barriers to cryptocurrency innovation.The TD Cowen Washington research team noted that every president sets up committees and working groups on key issues. This is significant symbolically, as it reflects how the Trump team prioritizes cryptocurrency, but it is different from changes in rules; establishing the rules needed for the industry will take years, not weeks.

ChainCatcher news, according to The Block, the Washington research team at investment bank TD Cowen stated that while the Trump administration expressed support for the cryptocurrency industry through executive orders, this is only a "simple part."The head of the research team, Jaret Seiberg, pointed out that every president establishes committees and working groups for important issues, which symbolically shows the Trump team's level of importance placed on cryptocurrencies, but this is different from changes in regulations.He emphasized that establishing the regulatory rules needed for the industry will take "years, not weeks."

ChainCatcher news, on January 21, Swiss time, the "2025 Winter Davos Forum · Future Financial Technology Summit" hosted by OKG and supported by several media outlets was held in Davos, Switzerland. The event featured an in-depth dialogue with Sheila Warren, the honorary CEO of the U.S. Crypto Innovation Council, discussing how policy and regulation shape the future of cryptocurrency.When asked whether it is possible to establish a new regulatory framework for cryptocurrency that facilitates cooperation between different regions and governments, Sheila believes that many have long called for a balance to be found between promoting innovation and protecting consumer safety. Many also hope to establish a new regulatory framework for virtual assets to achieve cooperation between different regions and governments. However, a major gap in global cryptocurrency regulation is the lack of any rules-based system at the federal level in the United States.Regarding the further development of cryptocurrency integration into traditional finance, Sheila believes the future depends on whether regulatory policies in various countries can promote the rollout of new blockchain and token-based products and services.It is understood that the "2025 Winter Davos Forum · Future Financial Technology Summit" is hosted by OKG during the World Economic Forum, aiming to find a path to reshape the global financial landscape under the theme of "Cooperation in the Smart Era," exploring the vision of global fintech—linking innovation, linking the future.

ChainCatcher news, according to official news, the Acting Chair of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, has established a special task force for cryptocurrency, "dedicated to developing a comprehensive and clear regulatory framework for cryptocurrency assets."Commissioner Hester Peirce will lead the task force. The focus of the task force will be to help the Commission delineate clear regulatory boundaries, provide practical registration pathways, establish reasonable disclosure frameworks, and wisely deploy enforcement resources. Senior advisors Richard Gabbert and Taylor Asher will serve as the chief of staff and chief policy advisor for the task force, respectively.

ChainCatcher news, stablecoin issuer Circle recently submitted a response to the European Insurance and Occupational Pensions Authority (EIOPA) regarding the technical consultation on standard formula capital requirements for crypto asset investments.Circle advocates for a more nuanced risk assessment approach for tokenized assets such as electronic money tokens (EMTs), believing that their risks are significantly lower than those of other crypto assets.Circle emphasizes that EIOPA's recommendations should align with existing regulatory frameworks (such as the Capital Requirements Regulation, CRR) to ensure that capital requirements for crypto assets are both robust and conducive to innovation. Circle is committed to continuing collaboration with global regulators to promote the safe and inclusive development of digital finance.

ChainCatcher news, the International Monetary Fund (IMF) recommends that Kenya create a clear and predictable regulatory environment for the cryptocurrency market to protect consumers and address risks related to anti-money laundering (AML) and combating the financing of terrorism (CFT).The IMF points out that Kenya currently relies on outdated regulations from traditional markets and lacks legally binding regulation for the crypto market, leading to an increase in crypto-related scams and criminal activities.The IMF suggests that Kenya develop a cryptocurrency regulatory environment that aligns with international frameworks and standards, while also considering the unique challenges and opportunities of the local market, ensuring that the regulatory framework protects consumers, maintains financial stability, and promotes innovation.

ChainCatcher news, Franklin Templeton Digital Assets releases the 2025 outlook for the cryptocurrency industry. Franklin Templeton states that as the underlying technology of cryptocurrencies becomes an indispensable part of global financial and operational systems, 2025 will mark a shift from speculation to practicality. Stakeholders should pay attention to regulatory dynamics, institutional initiatives, and the progress of the integration of artificial intelligence and cryptocurrencies to navigate this dynamic landscape.The specifics are as follows:In 2025, there may be key advancements in the cryptocurrency space, influenced by regulatory clarity, institutional adoption, and technological evolution.U.S. regulatory bodies, such as the Securities and Exchange Commission (SEC), will play a leading role in diversifying financial or investment products related to cryptocurrencies (such as ETFs or tokenized securities).A favorable regulatory environment will help the U.S. reestablish its position as a global center for crypto innovation.Traditional finance (TradFi) participants are beginning to intersect with crypto infrastructure. The U.S. is expected to introduce a stablecoin regulatory framework, opening the door for major financial institutions to issue their own stablecoins.The adoption of token products and stablecoins will continue to expand and become a major driving force behind the growth of global decentralized finance (DeFi).As sovereign nations and institutions adopt Bitcoin, it will solidify its status as a global financial asset for digital value storage. Some countries are expected to increase their BTC strategic reserves.As various industries prioritize providing decentralized and efficient solutions for real-world applications like logistics and the Internet of Things (IoT), the demand for decentralized physical infrastructure networks (DePIN) will increase.The integration of artificial intelligence and cryptocurrencies will accelerate. Blockchain will provide transparency and verification, which are crucial for expanding the AI-driven economy.AI Agents will leverage blockchain tracks to automate on-chain transactions and portfolio management, combining digital content and social media with on-chain activities.

ChainCatcher news, according to The Block, Deribit CEO Luuk Strijers expressed doubts about the sustainability of many crypto trading platforms due to regulatory pressure.He said, "I think many platforms will no longer exist, so more specifically, I believe the regulatory framework will strengthen globally and make many of the currently large list of platforms unviable, either because the operational costs are too high or because regulators will directly shut them down."Strijers predicts that as the industry matures, only a few platforms will be able to thrive. He stated, "If you want to serve institutional clients globally, but perhaps more importantly, retail clients, the regulatory framework is already very strict and will only become stricter, so ultimately, the trading volume will not be sufficient to sustain them all, so I think there will be a massive shift, focusing on top clients."

ChainCatcher news, according to Cryptoslate, the UK's Financial Conduct Authority (FCA) launched a public consultation on cryptocurrency regulation on December 16, 2024. The new framework aims to balance innovation and risk control, focusing on issues such as market manipulation and financial fraud.The FCA proposed to authorize trading platforms to share information on suspicious market abuse and will restrict the operations of unregistered crypto businesses. The consultation period will last until March 14, 2025, with a draft regulatory framework expected to be released in 2025 and plans for full implementation in 2026, covering areas such as trading activities, stablecoin regulation, and asset custody.

ChainCatcher News, U.S. SEC Commissioner Hester Peirce (also known as "Crypto Mom") mentioned "Operation Chokepoint 2.0" during an interview with Fox Business and outlined three things she believes need to be done under the new SEC leadership after Trump to help clarify the cryptocurrency industry:Stop government regulatory chokepoint activities, with the first step being to halt attempts to prevent cryptocurrencies from obtaining the services they need (such as custody) to move forward;Clarify what falls outside the SEC's jurisdiction, what is not a security, and which entities do not need to consider the SEC's regulatory framework;Collaborate with entities involved in cryptocurrency to figure out how existing rules apply and where adjustments are needed. This requires a collective exercise. It needs to be done in public so that everyone can participate. I believe we can find a good starting point relatively quickly.

ChainCatcher news, Securitize CEO stated in an interview with CNBC that Trump's victory in the U.S. election would help establish a regulatory framework for cryptocurrencies, and RWA needs a clear regulatory framework to unleash innovation.

ChainCatcher news, according to The Block, Coinbase's policy executive Tom Duff Gordan stated that Trump may prompt other international jurisdictions to reassess their cryptocurrency regulatory frameworks or strengthen existing systems to attract investment and promote industry growth.

ChainCatcher news, according to Bloomberg, Donald R. Wilson, the founder of one of the world's largest trading firms, DRW Holdings LLC, stated in an interview that the regulatory framework of the U.S. securities industry needs to be rethought.He pointed out, "The friction between the SEC and CFTC has always been a counterproductive force, suggesting starting from scratch, abolishing the existing SEC and CFTC, and creating a brand new regulatory agency."

ChainCatcher news, according to CoinDesk, the UK's Financial Conduct Authority (FCA) has released a cryptocurrency regulatory roadmap, planning to officially implement a comprehensive regulatory framework by 2026.The roadmap indicates that the FCA will publish discussion papers related to market abuse and disclosure by the end of this year, and plans to release policy documents on stablecoins, trading platforms, staking, exposure to crypto assets, and lending in early 2024.Data shows that the number of cryptocurrency holders in the UK has grown by 4% over the past two years, with approximately 7 million adults currently holding crypto assets. Previously, UK Economic Secretary Tulip Siddiq stated that regulatory drafts related to cryptocurrencies, stablecoins, and staking would be introduced early next year.

ChainCatcher news, according to CoinDesk, UK Economic Secretary Tulip Siddiq announced at the City & Financial Global Tokenization Summit in London on November 22, 2024, that the UK plans to launch a regulatory framework for the cryptocurrency industry in early 2025. The new framework will separate stablecoins from the existing payment system and establish specific regulations for staking services to prevent them from being classified as collective investment schemes.This move ends the uncertainty in the market regarding the direction of cryptocurrency regulation since the Labour government took office in July 2024. The previous Conservative government had already included cryptocurrencies in the scope of regulated activities under the Financial Services and Markets Bill.

ChainCatcher news, according to CoinGape, ADA (Cardano) founder Charles Hoskinson expressed his willingness to collaborate with the U.S. government under Trump to help formulate cryptocurrency legislation. The goal is to create a clear regulatory framework for the cryptocurrency industry.Hoskinson announced these plans in a recent speech, stating that developing positive policies regarding cryptocurrency requires support from both Democrats and Republicans. His company, Input Output Global (IOG), will establish a separate policy department for cryptocurrency regulation. This office will focus on creating a legislative framework that incorporates the provisions of the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Responsible Financial Innovation Act (RFIA). He added, "I will work with lawmakers and the government to push a bipartisan bill through."

ChainCatcher news, the latest research report from blockchain infrastructure company Blockdaemon points out that as the 2024 U.S. presidential election approaches, the regulatory landscape for digital assets is expected to make significant progress in 2025. The report indicates that two key regulatory policies are currently in the legislative process: the proposal to repeal SAB 121 and the landmark "21st Century Financial Innovation and Technology Act" (FIT21).Among them, the FIT21 bill was passed in the House of Representatives in May 2024 with bipartisan support. The core content of the bill includes clearly defining the regulatory boundaries between the SEC and CFTC, establishing standards for identifying the commodity and security attributes of digital assets, and creating a legal framework for financial institutions to conduct digital asset custody services.Blockdaemon predicts that with strong bipartisan support, the FIT21 bill is expected to pass the Senate in 2025 and ultimately be signed into law, which will enable the U.S. to play a leading role in balancing innovation and consumer risk.

ChainCatcher news, according to CoinDesk, the Ras Al Khaimah (RAK) in the UAE announced on Tuesday the launch of a regulatory framework for decentralized autonomous organizations (DAOs) in its digital asset free trade zone.The framework, named "DAO Association System" (DARe), is designed to provide a structured legal framework specifically for DAOs. Dr. Sameer Al Ansari, CEO of RAK DAO, stated that the system will offer tax optimization and legal clarity for DAOs.Luc Froehlich, Chief Business Officer of RAK DAO, mentioned that the launch of DARe is an important step in establishing the region as a global hub for blockchain and digital asset ecosystems. The framework will enable DAOs to interact with the off-chain world, such as opening bank accounts and owning on-chain and off-chain assets.It is noteworthy that the framework offers two models: one for emerging projects with fewer than 100 members, and another for mature DAOs with funding exceeding $1 million. The system will be implemented within the RAK Digital Assets Oasis free trade zone.

ChainCatcher news, U.S. Vice President Harris is strengthening her outreach to Black male voters, promising to provide pathways for economic security. Meanwhile, polls show that Trump is gaining support among Black voters. On Monday, Harris proposed a new plan to provide loans to Black entrepreneurs and others facing barriers to financing. According to Harris's campaign outline to attract Black male voters, the plan will offer 1 million loans, with up to $20,000 potentially forgivable.Harris also pledged to support a regulatory framework for cryptocurrency, providing more investment certainty for 20% of Black Americans who own or have owned digital assets. She stated that she would work with Congress to legalize recreational marijuana and ensure that Black men can start businesses and find employment in the thriving cannabis industry.A poll conducted by Siena College and published by The New York Times on October 12 shows that about 15% of Black voters say they plan to vote for Trump in this election, an increase of 6 percentage points from 2020. Harris's support among Black voters is higher than President Biden's support before he withdrew from the race in July. Nevertheless, the narrow gap with Trump has Democrats worried that even losing a small portion of Black votes could be a fatal blow to Harris's campaign.