Ripple is urging UK policymakers to accelerate crypto regulation, laying out a four-point strategy designed to turn the country into a hub for digital asset innovation. The proposal, released during the London Policy Summit, signals a growing urgency within the industry to see the UK regulations take a leading role in shaping the future of …
Australia is known for its crypto-friendly environment, but recent legal developments may completely change how Bitcoin is taxed in the country. Bitcoin Reclassification: Major Legal Update In May 2025, a significant ruling by Victorian Magistrate Michael O’Connell in a Bitcoin theft case suggested that Bitcoin could be recognized as Australian currency, not property. This landmark …
The Philippines has introduced a comprehensive framework for the Regulatory Requirements and Considerations for Listing Cryptocurrency Tokens, establishing a twin-regulator model to govern token activities, licensing, and investor protections. The framework sets clear rules for token classification, VASP licensing, and key compliance obligations. Twin Regulatory Model for Crypto Tokens The new framework adopts a dual …
A breakthrough in U.S. crypto regulation may just be around the corner. In an interview with Bloomberg, AI and crypto Czar, David Sacks, said that a crypto bill is “very close” to becoming a law. If passed, it could bring the clear rules the industry has long been waiting for. Stablecoin Bill Nears the Finish …
Donald Trump is backing the GENIUS Act, a newly passed Senate bill focused on regulating stablecoins. He called it a brilliant step forward and urged the House of Representatives to pass it quickly, without adding anything new. Trump posted on Truth Social, saying this bill would make the United States the “undisputed leader” in digital …
Sol Strategies Inc. (CSE: HODL), a Canadian company that successfully implemented a Solana (SOL) treasury plan, has filed Form 40-F with the United States Securities and Exchange Commission (SEC). The company plans to register its securities with the agency and list on the Nasdaq Exchange under the ticker symbol STKE. The Form 40-F is a …
Tether, a top-tier issuer of stablecoins on different blockchains, has been recognized by the United States Department of Justice (DoJ) for facilitating the seizure of around $225 million linked to an extensive fraud scheme. The stablecoins issuer announced that it worked with the DoJ to freeze the funds in USDT. According to the DoJ, the …
After the Bank of Japan (BoJ) held its uncollateralized overnight call rate unchanged on Tuesday, the Federal Reserve has followed a similar path. On Wednesday, Fed Chair Jerome Powell announced that the Fed Funds Rate will remain between 4.25 percent and 4.5 percent. During his speech on Wednesday, Powell said that the near-term inflation expectations …
China is stepping up efforts to give its digital yuan a global push. In a major policy reveal at the Lujiazui Forum, People’s Bank of China (PBOC) Governor Pan Gongsheng announced the launch of an international operation center for the e-CNY in Shanghai. This move signals China’s broader ambition to boost the digital yuan’s presence …
The U.S. Congress has officially passed the GENIUS Act, a historic piece of legislation that brings clear regulations to stablecoins. This decision is expected to fuel adoption of RLUSD, Ripple’s stablecoin built on the XRP Ledger (XRPL)—and indirectly boost XRP’s price and utility. Let’s break down how this law changes the game for stablecoins, and …
The United States Securities and Exchange Commission (SEC) has delayed its decision on the Franklin XRP ETF and Franklin Solana ETF. The securities regulatory agency requested the members of the public to comment on the proposed rule changes to list both spot ETFs in the coming four weeks. When Will the SEC Approves Spot Solana …
The United States Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) legislation through bipartisan support on Tuesday, June 17, 2025. The GENIUS Act passed the Senate in a final vote of 68 to 30. As a result, the GENIUS Act will now proceed to the House of Representatives, where it …
An a exponential rise in the usage of cryptocurrency in Argentina,IT is estimated that over 1.3 million people currently use crypto in Argentina and 2.94% of its population is now adopted crypto. from 2019 the temperature of crypto in the country is been rising continuously by creating a timeline for Bitcoin acceptance and other alternative …
Thailand has approved a five-year personal income tax exemption on profits from digital assets. The new policy will take effect from January 1, 2025, and run through December 31, 2029 — marking a significant shift in the country’s digital asset strategy. Thailand’s Big Leap Towards Becoming a Digital Asset Hub Deputy Minister of Finance Chulaphan …
The European Union (EU) is facing growing concerns that it may be losing its edge in the global crypto race, with experts warning it could become a “crypto flyover zone” between the US and Asia. While the EU was once a pioneer in digital asset regulation, newer, more agile jurisdictions are now pulling ahead. EU …
Coinbase CEO Brian Armstrong visited London this week, meeting with British policymakers to discuss how the UK can take a leading role in the global crypto market. He stressed the need for clear and supportive rules that allow crypto companies to grow while protecting users. Great to be in London today to meet with policymakers …
JPMorgan Chase & Co. (NYSE: JPM), a top-tier bank with around $4 trillion in assets under management (AUM), has filed a trademark related to the digital currency with the United States Patent and Trademark Office (USPTO). The highly esteemed bank filed a patent for JPMD, thus triggering speculation of a stablecoin launch in the near …
Eric Trump, the Executive Vice President of the Trump Organization, has denied claims that he is involved in a Tron (TRX) deal to go public. In an X post, Eric noted that the information circulating the Internet claiming that he and Donald Trump Jr are involved in a reverse merger deal between Tron and SRM …
Vietnam officially legalized digital assets and set up a legal framework for artificial intelligence (AI) for the first time. The country passed the Law on Digital Technology Industry with overwhelming support—441 out of 445 delegates voted in favor, marking a major turning point for Southeast Asia’s growing digital economy. Vietnam Recognizes Crypto Under New Law …
On June 11, a KAMAZ truck was discovered in Russia’s Republic of Buryatia operating an illegal cryptocurrency mining. The setup in the truck was connected to a 10 kilovolt power line without permission. This illegal activity comes at a time when the russian officials are preparing to introduce harsher penalties. Discovery of Illegal Crypto Activity– …
India’s Central Board of Direct Taxes (CBDT) has initiated a large-scale investigation into individuals and entities who failed to report income from Virtual Digital Assets (VDAs), including cryptocurrencies. What Happened? The CBDT has identified widespread non-compliance related to crypto income and has sent notices via email, asking recipients to update their Income Tax Returns (ITRs). …
After over four years of legal battle, the Ripple vs SEC case could finally be over. Both parties have recently filed a joint motion to settle. Ripple aims to unlock $125 million from escrow, $50 million would go to the SEC as a civil penalty, and $75 million would return to Ripple. The goal is …
As Europe rolls out its new MiCA rules, major crypto companies are lining up to get licensed and operate across the EU. But some regulators are worried that things are moving too fast. According to Reuters, Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, is about to receive a license in …
The United States Securities and Exchange Commission (SEC) declared the Form S-3 registration statement by Trump Media and Technology Group Corp. (NASDAQ: DJT) effective on Friday, June 13, 2025. As a result, the Donald Trump-backed company has the agency’s greenlight to implement a Bitcoin (BTC) treasury plan. “We’re aggressively implementing our plans to expand the …
Several fund managers have heeded the request from United States Securities and Exchange Commission (SEC) to file amended form S-1 for their respective spot Solana (SOL) ETFs. On Friday, all fund managers seeking to offer spot Solana ETFs filed amended Form S-1. On the top list of fund managers seeking to offer spot Solana ETFs …
The Ethereum Foundation (EF) has donated $500k towards the legal defense of Roman Storm, a co-founder of Tornado Cash, who was charged by the United States. The EF argued that Storm should not be criminalized for advocating for privacy through writing a mere computer code. Notably, the United States Office of Foreign Assets Control (OFAC) …
Ripple and the SEC may finally be close to settling their long legal battle, and a well-known lawyer thinks Judge Analisa Torres will approve the latest request that could end it all. Lawyer Bill Morgan believes this joint motion, filed by both Ripple and the SEC, will likely be accepted, even though he isn’t impressed …
On Thursday, the Philippines enacted stricter crypto rules under the new SEC Memorandum Circulars Nos 4 and 5, mandating a CASP license with a capital requirement and reporting of AML. Experts say this new framework in the Philippines lays the groundwork for broader crypto adoption in the country. Key Components of the New SEC Crypto …
The United States Securities and Exchange Commission (SEC) has continued postponing decision-making on spot crypto ETFs. In the past 24 hours, the SEC delayed the decision to either approve or deny listing and trading of shares of Grayscale Hedera Trust (HBAR). The agency also made a similar decision on VanEck Avalanche ETF and Bitwise Dogecoin …
The United States Securities and Exchange Commission (SEC) and Ripple Labs filed another motion to U.S. District Court Judge Analisa Toress requesting the dissolution of the existing injunction. According to the court filing dated June 12, 2025, both parties requested the court to order a release of the $125 million penalty from the escrow. The …