UAE Law Broadens Central Bank Oversight of DeFi, Bans 'Just Code' Defense

Ripple’s Chief Legal Officer Stuart Alderoty met over the weekend with Senator Kirsten Gillibrand (D‑NY) to discuss regulatory policy for digital assets, a development market observers say could signal constructive engagement between industry and lawmakers.

Several major U.S. banks are weighing legal action against the Office of the Comptroller of the Currency after it approved national trust charters for crypto firms, arguing the agency overstepped its authority. Banks say the move lets tech-driven companies secure bank status without being held to the same standards as traditional banks.

Florida lawmakers approved a broad state-level regulatory framework for payment stablecoins with a 37–0 vote, advancing the measure to Gov. Ron DeSantis. If signed, it could become the nation’s first comprehensive state regime for stablecoin payments.

Local media report South Korean authorities have proposed a six-month suspension of virtual asset transfers for newly registered Bithumb users over alleged AML violations, while existing customers would remain unaffected.

Coinbase Advanced has rolled out regulated Bitcoin, Solana, and equity index futures to traders in 26 European countries, effective March 9, 2026. The launch expands access to cleared, exchange-listed derivatives on Coinbase's European platform.