Block Inc. (NYSE: XYZ), an American tech company founded by Jack Dorsey and best known for the creation of Cash App, will replace Hess Corp. (NYSE: HSE) in the S&P 500 index. The removal of the energy company was instituted after it was acquired by Chevron Corp. (NYSE: CVX). Beginning on Wednesday, July 23, the …
After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. (NASDAQ: COIN) CEO Brian …
21Shares, a veteran crypto investment company with more than $11 billion in assets under management (AUM), has announced a strategic partnership with Teucrium, an asset management company focused on commodity and futures ETFs. Through the strategic partnership, 21Shares announced that it has filed two Funds – the 21Shares FTSE Crypto 10 Index ETF and the …
A shift is underway at the SEC, as it is stepping away from surprise enforcement and instead focusing on clear, reliable rules, especially around crypto and digital assets. In a latest interview with Bloomberg, SEC Chair Paul Atkins pointed to work already underway, including a crypto task force led by Commissioner Hester Peirce. Just this …
The United States House of Representatives has passed all three crypto bills—the Clarity Act, the GENIUS Act, and the Anti-CBDC Act—in a historic landslide victory. The Clarity Act passed the House by 294 to 134, with 78 Democrats voting in favor. The GENIUS Act passed the House of Representatives in a vote of 308 to …
The United States government ostensibly holds 28,988 Bitcoin (BTC) units from the previously presumed reserves of around 200k coins. According to a report from the U.S. Marshals Service, the government has silently offloaded its Bitcoin stash without leaving an on-chain footprint for the public to consider. The move has prompted huge criticism from the pro-Bitcoin …
The United States House of Representatives has voted to advance three major crypto bills on Wednesday. The GENIUS Act, Clarity Act, and the Anti-CBDC Act received an overwhelming support from the Republicans and a majority disapproval from the Democrats. After the three bills failed the procedural votes on Tuesday with 196 to 223 votes, the …
The Congress has turned into a political showpiece on Tuesday, July 15, after 12 Republicans failed a procedural vote on several crypto-related legislation. What had begun as a positive crypto week for President Donald Trump has turned sour after the Congress signaled different interpretations of certain clauses, especially in the Genius Act, which have been …
As U.S. lawmakers gear up to vote on two major crypto bills, the CLARITY and GENIUS Acts, Rep. Maxine Waters has raised a red flag, calling the proposals dangerous giveaways to Wall Street, Big Tech, and even the Trump family. Writing in MSNBC, Waters warned that the new legislation could strip the SEC of its …
The United States lawmakers are preparing for important votings on several crypto-related bills this week. Later this week, the House of Representatives will vote on the market structure bill in addition to the GENIUS Act. If the House passes the GENIUS Act without any changes as approved by the Senate, the bill will be forwarded …
Mexico is one of the first countries in Latin America to enact laws regulating financial technological institutions, also known as fintech law. With no specific cryptocurrency law, Mexico continues to evolve its regulatory systems in 2025, impacting financial institutions and individuals in the crypto space. Since 2018, the Mexican government has legalized virtual assets, including …
In 2025, Chile is evolving its regulatory framework for fintech, cryptocurrency, and potential Bitcoin reserves. The Central Bank of Chile has even issued a central bank digital currency (CBDC) to facilitate swift crypto transactions. The primary crypto law in Chile is its ‘Fintech Law’ (Law no.21.521), which works on fostering financial innovation and inclusion. Currently, …
As of 2025, Bolivia’s crypto regulations are evolving dramatically, from a historical ban to allow banks to operate crypto. While trading or owning stablecoins has been legalized in Bolivia, their use for business payments is not permitted, and they are not considered legal tender. Stablecoins transactions in Bolivia are only allowed via an authorized bank. …
The Dominican Republic does not have any specific crypto laws, and the Central Bank of the country does not consider crypto assets as legal currency. Any entity operating a digital asset must do it at its own risk. Despite not regulating any crypto law, it is expected by the users to follow anti-money laundering (AML)and …
The Chairman of the Board of Fannie Mae and Freddie Mac, William J. Pulte has reacted to reports that Fed Chair Jerome Powell is considering resigning. Pulte posted on his official X account that he is encouraged by the reports of Chair Powell considering to resign. “I’m encouraged by reports that Jerome Powell is considering …
The Netherlands is often regarded as a crypto-friendly country due to its robust regulatory framework for cryptocurrencies. While owning and trading cryptocurrency is legal in the Netherlands, it does not have any specific concrete regulations governing digital assets. Since the Netherlands is a part of the European Union (EU), it has incorporated with EU’s crypto …
China is showing fresh signs of interest in digital currencies. Although crypto is banned, the interest hasn’t faded. From regulators to tech giants, enthusiasm for digital currencies, especially stablecoins, is heating up fast. A recent report from Reuters shows that Chinese regulators are renewing their focus on the sector. Shanghai Officials Explore Stablecoin Strategy This …
The British Virgin Islands (BVI) is a popular jurisdiction of choice for cryptocurrency businesses. It has legalized crypto-related activity since 2023. BVI has set various laws and regulations to develop the crypto ecosystem. Its legislation aligns with global standards set by the Financial Action Task Force (FATF) to provide clarity and oversight for crypto trading. …
Australia’s Central Bank is taking the next step in its digital currency journey. On Thursday, the Reserve Bank of Australia (RBA) announced a new trial to explore how digital money could improve Australia’s wholesale tokenised asset markets. Project Acacia is a joint effort between the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative …
Hester M. Peirce, a commissioner of the United States Securities and Exchange Commission (SEC), has issued a brief statement on the tokenization of real-world assets (RWA), especially by traditional financial institutions. In a statement on Wednesday, July 9, 2025, Hester highlighted that blockchain tokenization is enchanting but not magical. As such, Hester notified the traditional …
The U.S. House is all set to hold a hearing today to explore how tax policy can help make America a global leader in digital assets. Titled “Making America the Crypto Capital of the World,” the focus is on building a modern tax policy that supports the growth of digital assets in the U.S. ????BIG …
Ukraine is widely considered a crypto-friendly country because of its high global adoption rates and government support. In 2022, President Zelensky signed the virtual assets bill into law, creating a legal foundation for the crypto market. As of 2025, the government is actively working to develop the cryptocurrency regulatory framework with new laws to evolve …
The United States Securities and Exchange Commission (SEC) has delayed making a definitive decision on the Fidelity Solana Fund. The SEC announced a 21-day period for the public to submit their comments on whether the Fidelity Solana Fund should be approved or disapproved. Additionally, the agency instituted 35 days for the members of the public …
The crypto market is heading into a critical week as major U.S. policy decisions and economic data take center stage. A series of macro events are set to unfold and how these events play out could impact both prices and regulations. A hawkish tone from policymakers could weigh on risk assets like Bitcoin, while dovish …
India has never been a crypto-friendly country. While other Asian nations welcomed digital assets, New Delhi chose a restrictive path, and now, things are getting even tougher. India Crypto Tax Burden Just Got Heavier Crypto influencer Keyur Rohit (176K+ followers on X) revealed that starting July 7, 2025, Bybit will apply 18% Goods and Services …
In 2025, Thailand released a string of crypto developments, including– enhancing customer protection, transparency, innovation, taxation, and market revenue. The Thai government is implementing new policies to foster growth in the digital asset space as it aspires to become prominent in the digital finance and cryptocurrency space. Table of contentsCrypto regulations in Thailand 2025 What is …
Bybit, a global cryptocurrency exchange, recently announced that it will be applying 18% Goods and Services Tax (GST) for Indian crypto users, starting from July 7, 2025. The GST amount will be directly deducted from the assets received. Moreover, the exchange also put an end to legacy products and services. Bybit Introduces an 18% GST …
New Zealand has a unique crypto approach; it treats digital currencies as property rather than actual money. Crypto trading became legal in 2018 when New Zealand recognized it as property for tax purposes. The nation opts for clever crypto approaches, as the interest in digital asset investments is growing rapidly. As of 2025, New Zealand …
Ripple Labs, a blockchain-based cross-border company, has filed for a national banking license with the United States Office of the Comptroller of the Currency (OCC). Ripple’s CEO Brad Garlinghouse confirmed that the company is seeking a national banking charter, to enhance its regulatory compliance. Garlinghouse also noted that Standard Custody, a Ripple subsidiary, applied for …
Nigeria usually ranks among the top countries in terms of crypto adoption. The country that instructed banks and other financial institutions to avoid using, holding, or transacting virtual assets in 2017 has now built a regulatory framework to consider crypto as securities in 2025. Individuals can now use crypto as money to buy goods and …