Wyoming Stablecoin Committee Hiring 2026 Summer Legal Interns to Participate in Digital Asset Regulatory Framework Development

A key step in US stablecoin regulation: OCC releases the first regulatory framework for payment stablecoin issuance

The Office of the Comptroller of the Currency (OCC) has released a federal rule proposal for payment stablecoin issuers to establish a unified regulatory framework for the stablecoin market. The draft restricts issuers from paying interest to holders, requires transparent reserve management, and sets capital requirements. This move marks the concretization of the U.S. stablecoin regulatory system, aiming to ensure compliance and industry stability.

South Korean court plans to exempt cryptocurrency investment debts: New bankruptcy restructuring regulations may change how individual crypto losses are handled

The Korean judicial system is reducing the debt burden of cryptocurrency investors through bankruptcy restructuring mechanisms, excluding some debts from liquidation, which may lead to cryptocurrency asset investment losses being considered as "ordinary property losses." This policy aims to address rising household debt levels but has also sparked controversy over moral hazard. The courts will strengthen review processes to prevent abuse and explore a balance between debt relief and risk control.

New Developments in China's Cryptocurrency Regulation: Stablecoins and RWA Highlighted for the First Time, the US Dollar Digital System Could Become the Biggest Variable

China strengthens its regulatory policies on cryptocurrencies, reaffirming a comprehensive ban on RMB-pegged stablecoins and classifying most RWA tokenization activities as illegal. The market response is muted, indicating that investors have adapted to this change. The policy's first mention of stablecoins may signal future regulatory reforms, but implementation will still take time. Global digital asset trading could develop into a USD-denominated system, with liquidity being a key factor. Future regulatory frameworks will influence the global market landscape.

Jason Atkins: China's RWA ban signals market direction; the dollarization trend of stablecoins cannot be stopped

China issues a ban on unauthorized Renminbi-pegged stablecoins and considers RWA tokenization activities illegal, aiming to prevent industry expansion. Analysts believe that this ban cannot stop the global demand for USD stablecoins, and Hong Kong's stablecoin licensing may also present opportunities for Chinese-funded banks, indicating a subtle regulatory adjustment. Overall, China's measures are targeted at the domestic market rather than an obstacle to global RWA development.

China's Supreme Court drafts judicial documents clarifying copyright recognition rules for AI-generated works, with related cases increasing by 25.6% annually

The Supreme People's Court of China is drafting policy documents regarding legal issues related to AI-generated works copyright and large model training, clarifying rules for originality recognition and the responsibilities of service providers. Taking the "Ultraman case" as an example, the court ruled that the AI platform must cease infringement and bear responsibility.

U.S. CFTC Chair Selig Sets Key Focus: Launching Cryptocurrency Perpetual Contracts in Weeks, Ending Turf Battle with SEC

CFTC Chairman Mike Selig emphasized the future focus areas at the FIA conference, including the launch of real crypto perpetual contracts within a few weeks, resolving regulatory disputes with the SEC, and establishing regulatory standards for prediction markets. Selig advocates for a "minimum effective intervention" approach to regulation, aiming to promote market liquidity and clear regulations, reduce political interference, and reposition the CFTC as a facilitator of the market.