Law & Policy

Last week in crypto regulation (April 14-20):

1/ Google tightens EU crypto ads
From April 23, crypto exchanges and wallets in Europe must obtain MiCA licenses to advertise on Google platforms.

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Head of web3&crypto practice at Buzko Krasnov law firm

1/ Google tightens EU crypto ads
From April 23, crypto exchanges and wallets in Europe must obtain MiCA licenses to advertise on Google platforms.
https://support.google.com/adspolicy/answer/16089943

2/ 18 US states pause SEC lawsuit
State AGs suspend legal action against SEC over crypto authority, citing agency leadership changes.

2/ 18 US states pause SEC lawsuit
State AGs suspend legal action against SEC over crypto authority, citing agency leadership changes.
https://www.coindesk.com/policy/2025/04/16/republican-states-pause-lawsuit-against-sec-over-crypto-authority

3/ Ethena exits German market
Crypto project leaves Germany due to inability to comply with MiCA regulations.

We have agreed with BaFin to wind down all activities of Ethena GMBH and will no longer be pursuing the MiCAR authorization in Germany.

As communicated previously, Ethena GmbH has not conducted any mint or redeem activity since March 21, 2025, and all activity has been carried

Ethena Labs

3/ Ethena exits German market
Crypto project leaves Germany due to inability to comply with MiCA regulations.
https://x.com/ethena_labs/status/1912121443824939225

4/ Oregon sues Coinbase
State AG brings case against Coinbase for alleged securities law violations.

4/ Oregon sues Coinbase
State AG brings case against Coinbase for alleged securities law violations.
https://coinsholder.com/news/oregon-attorney-general-challenges-crypto-regulations-with-new-lawsuit-against-coinbase/

5/ SEC-Ripple appeal paused
Court approves motion to pause legal proceedings; SEC must report on case status within 60 days.

#XRPCommunity #SECGov v. #Ripple #XRP The parties’ joint motion to hold the appeal in abeyance has been granted.  The @SECGov is directed to file a status report within 60 days of this Order. https://t.co/mUgEBaJRuU

James K. Filan 🇺🇸🇮🇪

6/ Canada approves Solana ETF
Canadian regulator gives green light to spot Solana ETF listings.

6/ Canada approves Solana ETF
Canadian regulator gives green light to spot Solana ETF listings.
https://x.com/EricBalchunas/status/1911792784102617321

7/ Korea blocks exchange apps
South Korean regulator forces Apple to remove KuCoin, MEXC and 12 other crypto exchange apps.

7/ Korea blocks exchange apps
South Korean regulator forces Apple to remove KuCoin, MEXC and 12 other crypto exchange apps.
https://www.coindesk.com/policy/2025/04/14/kucoin-mexc-and-12-crypto-exchanges-apple-apps-blocked-in-south-korea

8/ Arizona advances Bitcoin reserve
House approves bill SB 1373 to create strategic Bitcoin reserve in Arizona.
https://x.com/Bitcoin_Laws/status/1912975074996675067?

9/ DOJ reviews victim compensation
US Justice Department reconsidering how to value crypto assets when compensating fraud victims.
https://unchainedcrypto.com/should-victims-of-crypto-fraud-get-repaid-at-current-prices-doj-to-investigate/

10/ DHS probes Anchorage crypto bank
Homeland Security investigating crypto bank for potential anti-money laundering violations.

9/ DOJ reviews victim compensation
US Justice Department reconsidering how to value crypto assets when compensating fraud victims.
https://unchainedcrypto.com/should-victims-of-crypto-fraud-get-repaid-at-current-prices-doj-to-investigate/

10/ DHS probes Anchorage crypto bank
Homeland Security investigating crypto bank for potential anti-money laundering violations.
https://www.barrons.com/articles/homeland-security-probe-crypto-anchorage-c3c2725b

5/ SEC-Ripple appeal paused
Court approves motion to pause legal proceedings; SEC must report on case status within 60 days.
https://x.com/FilanLaw/status/1912517176885473357