Week In Crypto: Another Exchange Files For Bankruptcy Following SEC Lawsuit

In recent weeks, the European Commission has published two significant regulations under the Digital Operational Resilience Act (DORA) which will contribute towards firms’ compliance efforts, standardising reporting of major ICT-related incidents and cyber threats. The first, Commission Delegated Regulation (EU) 2025/301, sets out technical standards for the content and timing of mandatory incident reports and voluntary cyber threat notifications. It sets out classification criteria, reporting deadlines and required details, such as impact assessments, remediation efforts and communication with authorities. Meanwhile, Commission Implementing Regulation (EU) 2025/302 provides standardised templates, forms and procedures for reporting. This regulation mandates uniform reporting formats, secure submission channels and requirements for complete and updated information. Both regulations, published in the Official Journal of the EU, took effect on March 11, 2025, 20 days after entering the statute book.

Although US lawmakers appear to be aligned on the need for federal stablecoin legislation, they are no closer to an agreement on which bill should prevail and what provisions it should include.