Today we've been named to @FortuneMagazine's Crypto Innovators list. The list recognizes companies advancing the digital asset ecosystem beyond traditional measures of scale. It comes as we accelerate our agentic operating model for digital asset risk: hubs.la/Q04l1qbY0

🇹🇭 Thailand decided some time ago that digital assets have a place in its financial system. The questions the country is asking right now are much more practical. In her latest piece, our APAC Head of Policy and Regulatory Affairs June Lau breaks down how Thailand's SEC is shifting from risk containment to building an institutional market: hubs.la/Q04kRTJd0

Stablecoin platforms are now moving money at fintech scale, and regulators expect them to manage financial crime risk like it. Since 2024, @KASTxyz has used Elliptic's blockchain intelligence to screen wallets and flag sanctions exposure in real time. As it scales past one million users and into new markets, those controls scale with it. Here's how we're helping KAST grow without growing its risk: elliptic.co/media-center/kas…

🌐 The New York Department of Financial Services and the European Banking Authority have agreed to share information on stablecoin oversight, a sign that supervisors are treating these markets as global rather than siloed. It's one of several developments in our latest crypto regulatory roundup, spanning stablecoins, derivatives and sanctions across the US, EU, UK and Hong Kong: 🇭🇰 Hong Kong has concluded its consultation on regulating virtual asset advisory and management services 🇺🇸 The CFTC has cleared the first crypto perpetual futures listings for US customers, on Kalshi and Coinbase 🇬🇧 The FCA has published sanctions compliance findings, including that the cryptoasset sector is likely underreporting Russian sanctions evasion Read more: hubs.la/Q04kBtzd0

🇺🇸 Under the GENIUS Act, every stablecoin moving through a bank will be either permitted under federal law or not. A legitimate token can fall on the wrong side simply because its issuer isn't licensed in the US. But banks can't completely choose which stablecoins reach them. They arrive through customers and counterparties, and a token's permitted status can change as it moves between them. What to do? Read our new article on what it means for banks, and how to prepare before the rules take effect: hubs.la/Q04k1YTm0

A crypto exchange as large as @bitget needs compliance infrastructure that can handle massive volumes.

OFAC has sanctioned four Iranian cryptoasset exchanges, including Nobitex, which processed more than half of all Iranian digital asset inflows in 2025. Elliptic's analysis links the four exchanges to over $40 billion in cryptoasset transactions. Here's what this means for compliance teams worldwide: hubs.la/Q04jTDx_0

⛓️‍💥 Decentralized doesn't mean unaccountable. Our new article breaks down what DeFi compliance actually involves, from illicit finance risks to managing cross-chain exposure. hubs.la/Q04jbx1S0

Plenty of regulatory action from the past two weeks. The highlights: 🇬🇧 The FCA and BoE set out their joint vision for tokenizing wholesale markets, with final UK stablecoin rules due before year-end. 🇬🇧 The UK hit HTX and 17 other entities with sanctions over Russia ties, its most aggressive cryptoasset-related action yet. 🇺🇸 Trump signed an Executive Order pushing Fed access for digital asset firms. The Fed proposed "skinny" Master Accounts the next day. 🇪🇺 The European Commission opened a consultation on MiCA, covering stablecoins, DeFi, prediction markets and tokenized deposits. This and more in today's crypto regulatory affairs: hubs.la/Q04h_Kq20

📑 Filing a good crypto SAR is a different discipline from filing a fiat one. Our new article covers what regulators expect in a crypto SAR, and how to file one that holds up: hubs.la/Q04hTM8n0