Hello and welcome to a brand new crypto update on Coin Medium.
In Major Crypto Update, Aussie Dollar Stablecoin Scores Big Regulatory Win Down Under
AUDC Pty Ltd, the team behind the Australian dollar-pegged stablecoin AUDD, just secured a full Australian Financial Services Licence (AFSL) from ASIC. That green light means they can now officially issue and run AUDD as a properly regulated non-cash payment facility.
This crypto update hits at the perfect time. Australia’s shifting its digital asset rules toward an AFSL-heavy setup, and AUDC jumped the queue.
They’ve been live since launching AUDD back in November 2022, even jumping into Reserve Bank of Australia pilots and research gigs with the Digital Finance Cooperative Research Centre.
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Now they’re sitting pretty under the same strict oversight that’s coming for everyone else. Institutional players can breathe easier, and there are definitely no more regulatory what-ifs hanging over AUD-backed digital dollars.
Meanwhile, across the Pacific, the drama never sleeps
Oh look, Democratic lawmakers are clutching their pearls again. I mean, whatelse is new?
At a recent hearing, Democrats accused SEC Chair Paul Atkins of the agency’s supposed “softening” on crypto enforcement since the leadership shake-up under the current administration.
Enforcement actions were apparently down 60%, according to Rep. Stephen Lynch (D-MA), who rattled off a laundry list of dropped cases.
But Lynch couldn’t resist tossing in concerns about foreign cash flowing into World Liberty Financial (that DeFi thing tied to the Trump family) and those family-branded memecoins.
Because nothing says “impartial oversight” like fretting over who’s buying what tokens these days. Washington theater because apparently a lighter regulatory touch is the real scandal here.
In another Crypto Update, FTX’s fallen king is still swinging
Jailed ex-FTX head Sam Bankman-Fried isn’t rolling over. The guy serving 25 years is pushing hard for a brand-new trial on those fraud charges that torched his empire.
His mom filed a pro se motion in Manhattan federal court on February 10, 2026, attaching a fiery memo straight from SBF himself.
In it, he blasts the Department of Justice for allegedly burying key evidence and even demands the original trial judge, Lewis Kaplan, step aside.
He says the “stole billions from customers” narrative is bogus, insisting FTX never actually misappropriated user funds the way prosecutors painted it. He claims multiple witnesses got leaned on by a “weaponized DOJ” to ditch the defense side post-trial.
And that’s a wrap for today. See you in the next crypto update tomorrow.
