Regulation

U.S. Senate to vote on crypto Clarity Act in September
Legislation setting a regulatory framework for digital assets faces a pivotal Senate vote on Sept. 15 after summer recess delays. Passage would define SEC and CFTC oversight roles and could boost mainstream adoption.

Swiss housing prices set to rise further; buyers face affordability squeeze
Rising real estate values and low mortgage costs are supporting Swiss home prices, but structural supply constraints and tax changes are reshaping affordability and investment decisions.

Nomura’s Laser Digital secures Japan’s first crypto exchange license in four years
Laser Digital, a unit of Nomura Group, becomes the first crypto exchange to receive Japan’s Financial Services Agency authorization since 2022, as regulators shift oversight toward stricter financial-asset rules.

Swiss wealth managers face high compliance costs under TBTF rules
Regulatory burdens for small Swiss asset managers under new rules exceed CHF 50,000 annually per firm, raising concerns over proportionality and transparency in Finma oversight.

Bidco’s Pinewood.AI takeover support falls to 46.72% amid share sales
Support for U.K. Piston Bidco’s recommended acquisition of Pinewood Technologies Group plc has declined as Feoh Investments UK LLP reduced its stake. The current backing covers 53.78 million shares.

Headhunter Jauch: Balancing growth and risk key to sustainable private banking
Headhunter Reto Jauch argues that Swiss private banks must blend aggressive growth with disciplined risk management, with robust governance and compliance at the core of long-term stability.

SEC unveils crypto rules proposal, drawing bipartisan praise
Commissioners Hester Peirce and Paul Atkins commend new SEC framework as a shift from enforcement-only approach to clearer digital asset oversight amid stalled Senate legislation.

Pennsylvania imposes strict rules on AI data centers amid growing scrutiny
Governor Josh Shapiro signs executive order requiring environmental safeguards, local approvals and transparency for new AI data centers. Amazon’s $20 billion investment in Pennsylvania is affected.

The hidden operational toll of 24/7 Stock CFDs
STARTRADER’s 45 new round‑the‑clock equity CFDs sound like a retail breakthrough, but the back‑office, data and tech challenges may outweigh the convenience for many traders.

US Court Blocks Henkel’s $725 Million Acquisition of Rival
A US court has temporarily blocked Henkel's planned $725 million acquisition of an adhesive rival owned by Pittsburgh Paint.

Switzerland Updates Sanctions Ordinances Concerning Moldova
The Swiss Federal Department of Economic Affairs, Education and Research has published an amendment to sanctions regarding Moldova.

Flutter Entertainment shares fall as market sentiment sours
Stock declines 3.2% in London amid broader equity weakness and sector-specific pressures.

Bitpanda hit with €70,000 fine in Austria’s first MiCA enforcement case
Austrian regulator penalizes Bitpanda for failing to file a white paper 20 days prior to publication and omitting required disclosures in marketing materials under the EU’s Markets in Crypto-Assets rules.

Union Pacific turned fuel-cost surcharge into profit amid Iran war spike
Railroad operator exploited fuel surcharges introduced during the 1979 Iran oil shock to generate undisclosed profits, internal documents reviewed by Reuters reveal.

Ireland Proposes New Anti-Money Laundering Standards for Crypto Sector
Ireland outlines new anti-money laundering measures targeting transfers from private crypto wallets and foreign digital asset providers.

Deep-sea mining emerges as key source for critical minerals
Industry and policymakers eye underwater reserves to meet surging demand for rare earths and battery metals amid supply chain constraints.

Baltimore sues Kalshi over alleged illegal sports betting via prediction markets
City alleges prediction market platform operated unlicensed sports wagering in violation of state gambling laws; Robinhood, Webull and Coinbase named as partners.

AMS shareholders approve H.B. Fuller acquisition proposal
Dutch sensor maker AMS approves $1.4 billion takeover by adhesives firm H.B. Fuller, marking a strategic expansion in industrial materials.

Copper US Unit Secures FINRA Membership and SEC Broker-Dealer Status
Copper Markets US gains regulatory approval as an SEC-registered broker-dealer and FINRA member, enabling it to offer qualified custody and financial services.

CFD Volume Surge Is Skewing Index Price Discovery – A Warning for All Market Participants
Retail CFD trading has reportedly jumped 40% this summer, but underlying index markets haven’t kept pace, creating a dangerous disconnect that reportedly threatens true price discovery.

Aurora Cannabis rejects Curaleaf’s takeover bid
Aurora Cannabis declines Curaleaf’s unsolicited $1.1 billion proposal, citing strategic misalignment and shareholder value concerns.

U.S. Expands Iran Crypto Sanctions, Targeting Two Exchanges
The Treasury Department's OFAC has targeted Shelbit and Aban Tether in an ongoing effort to restrict Tehran's access to cryptocurrency and foreign currency.

FINMA issues guidance to curb digital fraud risk in Swiss banks
FINMA's latest survey found Swiss banks need stronger operational risk controls and anti‑money‑laundering measures to combat digital fraud, prompting the regulator to publish new guidance today.

Switzerland updates sanctions annexes on Iran
The Swiss Federal Department for Economic Affairs, Education and Research has amended annexes 12 and 14 of the 2025 ordinance governing measures against the Islamic Republic of Iran.

