Global regulators are intensifying their scrutiny of tokenized stocks, aiming to address concerns related to investor protection and market integrity. This crackdown is part of a broader effort to establish clear regulations that govern the emerging digital asset landscape, ensuring compliance and reducing risks associated with tokenized financial products.

The article discusses the challenges faced by banks and fintech companies as they navigate regulatory uncertainties surrounding stablecoins and open finance, particularly in light of the new GENIUS Act. It highlights the gap between regulatory clarity and the realities on the ground, emphasizing the slow pace of rule-making and the varying experiences of state regulators. The piece reflects on historical precedents and the evolving landscape of fintech regulations in the U.S.

Bastion is positioning itself as the regulated issuer for USDH, a new stablecoin designed for institutional use, emphasizing compliance with GENIUS standards and a strong regulatory framework. The company aims to facilitate ecosystem growth by providing a neutral platform for stablecoin issuance, leveraging its partnerships and regulatory approvals to ensure liquidity and accessibility for users.

As the enforcement of parts of the EU's AI Act approaches on August 2, companies and some politicians are advocating for a delay in its implementation. A key guidance document is also delayed, prompting concerns over compliance and clarity for businesses involved in AI development.

The UK's Financial Conduct Authority has launched a coordinated effort with regulators from Australia, Canada, Hong Kong, Italy, and the UAE to combat unauthorized financial promotions on social media. As part of this initiative, the FCA will request the removal of 650 pieces of content linked to illegal financial activities, highlighting ongoing concerns about the influence of finfluencers.