Quantum Updates 45 | May 2025

Topics and Takeaways:

• Swiss Financial Regulator FINMA Launches New Risk-Based Supervisory Structure from 01 April 2025 to Address Emerging Financial Threats
• UK FCA and China Advance Bilateral Financial Regulation: New MoU, Wealth Connect, and Green Finance Alignment Announced at London Dialogue
• US SEC’s Settlement with Ripple Sparks Internal Dissent: Commissioner Crenshaw Warns of “Regulatory Collapse” in Crypto Enforcement
• US SEC’s Mark Uyeda Calls for Regulatory Clarity on Real-World Asset Tokenisation: “We Cannot Regulate Innovation in the Dark”
• Tokenisation: A Field of Dreams or Regulatory Misstep? US SEC’s Caroline Crenshaw Cautions Against Hasty Blockchain Integration in Securities Markets at Tokenisation Roundtable
• Tokenisation Takes Centre Stage: US SEC Commissioner Hester Peirce Champions Regulatory Clarity for Tokenised Smart Assets at US SEC Crypto Roundtable on Tokenisation
• US SEC Chairman Paul S. Atkins Signals Regulatory Reset for Tokenised Securities at Crypto Task Force Roundtable
• US CFTC’s Energy and Environmental Markets Advisory Committee to Review Reports on Energy Transition and Infrastructure on 28 May 2025=
• United States CFTC Commissioner Summer K. Mersinger Announces Departure After Distinguished Tenure
• US SEC Extends Review Period for Cboe Exchange Proposal to List Options on VanEck Bitcoin Trust