Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives.
Former CFTC commissioner Brian Quintenz, now a16z’s policy head, is reportedly Trump’s pick for CFTC chair, signaling a pro-crypto regulatory shift.
Hong Kong seems to be intensifying its efforts to establish itself as a global cryptocurrency hub. In a recent announcement, it pledged to “streamline” the licensing process for crypto trading platforms. The announcement comes as the region faces mounting competition from other jurisdictions racing for a share of the digital asset industry. The move is […]
On Tuesday, Ripple CEO Brad Garlinghouse revealed that the New York State Department of Financial Services (NYSDFS) has granted final approval for the firm’s inaugural stablecoin, RLUSD. Ripple Set To Enter Stablecoin Market With the release of RLUSD, Ripple hopes to provide a reliable option for clients interested in digital currencies while limiting the volatility […]
Microsoft, the world’s largest software company, has rejected the proposal to evaluate the potential benefits of adding Bitcoin (BTC) to its corporate balance sheet, despite meetings and lobbying from Bitcoin advocate Michael Saylor, co-founder of MicroStrategy. Saylor, who has transformed MicroStrategy into a major player in the cryptocurrency realm with over $40 billion in BTC […]
Eric Trump thinks that the new administration led by his father will create transparent and sensible regulation for the crypto industry.
In a recent interview with CNBC, Eric Trump, executive vice president of the Trump Organization and son of president-elect Donald Trump, articulated a vision for the United States to become the leading global hub for crypto. Eric Trump emphasized that a set of “sensible” regulatory guidelines could pave the way for this transformation, particularly in […]
Donald Trump has nominated Paul Atkins, a pro-crypto former SEC commissioner, to replace Gary Gensler as SEC chair.
El Salvador is on the verge of reaching a big financial agreement with the International Monetary Fund (IMF), with plans to finish a $1.3 billion loan program within the next two to three weeks. The country will change its use of Bitcoin (BTC) as legal tender and take steps to lower its government deficit. According […]
Russian President Vladimir Putin has made headlines with his recent remarks on using Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves. Russian President Emphasizes Bitcoin’s Role Speaking at an investment conference in Moscow, Putin argued that the current geopolitical climate, particularly following the West’s freezing of approximately $300 […]
President-elect Donald Trump is set to nominate former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission (SEC), reinforcing his commitment to a crypto-friendly administration. This announcement follows the resignation of current SEC Chair Gary Gensler, whose last day in office will coincide with Trump’s inauguration on January 20. Clearer Crypto Regulations Ahead? […]
Alexander Mashinsky, the former CEO of the now-bankrupt cryptocurrency lender Celsius, has pleaded guilty to two counts of fraud, facing a potential maximum sentence of 30 years in prison. This development comes in the wake of multiple charges filed by the US Department of Justice (DOJ), which originally accused him of seven counts related to […]
In a major move towards successfully regulating digital assets in the country, Russian President Vladimir Putin has signed a law that creates a new legal framework for taxing Bitcoin mining and transactions, recognizing them as property and setting the stage for formal taxation. Russia’s New Bitcoin And Crypto Tax Law According to local media reports, […]
Russia’s Federation Council – the country’s upper house of parliament – has approved a landmark cryptocurrency taxation bill. Among its key provisions, the legislation imposes a maximum tax rate of 15% on Bitcoin (BTC) and other digital asset mining operations. New Cryptocurrency Tax Law Set To Come Into Effect Russia’s upper house of parliament has […]
A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment. Amrita Srivastava, a senior employee based in London, claims she was “unfairly dismissed” after raising concerns about the alleged misconduct. Srivastava’s Lawsuit Against Binance […]
Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide. This initiative, reported by Dennis Porter, CEO of the Satoshi Action Fund, reflects a broader trend accelerated by recent political shifts, including Donald Trump’s election, which have reignited interest in Bitcoin as a viable financial […]
Chris Giancarlo, a leading candidate to head the US Commodity Futures Trading Commission (CFTC) and author of the book “Crypto Dad,” recently addressed key aspects of President-elect Donald Trump’s ambitious plans for the crypto sector. In an interview with Fox Business, Giancarlo highlighted Trump’s vision of making the United States the global hub for cryptocurrency […]
As President-elect Donald Trump prepares to finalize his cabinet picks, Paul Atkins is reported to be a leading candidate to head the US Securities and Exchange Commission (SEC) and a new pro-crypto agenda under Trump’s new administration. According to Bloomberg sources familiar with the matter, Atkins has been interviewed by Trump’s transition team, positioning him […]
According to a report by Fox Business, citing sources familiar with the matter, the incoming Donald Trump administration may empower the Commodity Futures Trading Commission (CFTC) to regulate certain crypto assets. SEC’s Crypto Loss Is CFTC’s Gain With nearly two months remaining before Trump assumes the US presidency, the incoming Republican administration is already making […]
Joana Cotar, a member of the German Bundestag and a longtime advocate of Bitcoin (BTC) adoption, is pushing back against the government’s recent decision to sell its BTC holdings. Having witnessed the sale of approximately 50,000 confiscated Bitcoin earlier this year, Cotar is now championing the idea of establishing a strategic Bitcoin reserve for Germany. […]
Paul Atkins, former SEC commissioner, could lead a more crypto-friendly regulatory era during the incoming Trump administration.
Prometheum, a firm that has garnered attention for its first-of-its-kind license to operate in crypto-based securities, finds itself at a crossroads. The firm has positioned itself within the regulatory framework established by the US Securities and Exchange Commission (SEC) under its chair, which has taken a tough stance on crypto classifications. However, with leadership changes […]
More countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.
The nonprofit’s overarching goal is resisting the centralization of AI models, co-founder Michael Casey said.
As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is optimistic for a new regulatory era. The Blockchain Association, a nonprofit organization focused on promoting innovation and fostering a supportive policy environment for digital assets, has taken the initiative to communicate its priorities directly to the incoming administration and […]
According to a Bloomberg report, the Keir Starmer-led Labour government is set to unveil comprehensive cryptocurrency regulations in early 2025. The announcement is expected at London’s City & Financial Global Tokenisation Summit. Crypto Regulations Are Coming To The UK A senior minister has confirmed that to align with digital asset regulatory developments in Europe and […]
The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols.
As President-elect Donald Trump prepares to take office in January, a significant development is unfolding in the crypto space: Chris Giancarlo, nicknamed “Crypto Dad”, is emerging as a frontrunner for the newly proposed position of “crypto czar”. This role is intended to guide the administration’s approach to the $3 trillion digital asset market, according to […]
The CFTC’s Summer Mersinger advocates for structured crypto regulations, urging the industry to engage with the incoming US administration.