The United States President Donald Trump has officially signed an Executive Order to allow 401(k) investors to diversify into various assets including crypto assets. According to the White House announcement, President Trump directed the Secretary of Labor to consider regulations that regard alternative asset investments to offer better returns. The order directed the Secretary of …
The United States President Donald Trump announced the nomination of Dr Stephen Moran, who has served as the Chairman of the Council of Economic Advisors, to serve as a board member for the Federal Reserve. Dr Moran will replace Adriana Kugler, who issued her resignation before the expected end of tenure in January 2026. President …
India’s Income Tax Department has sent 44,057 emails and messages to crypto traders who failed to report their cryptocurrency trades in recent tax returns. This outreach is part of a major compliance initiative following the identification of numerous cases of unreported cryptocurrency income by data tools. Authorities urge recipients to update their tax filings promptly, …
China is set to approve the development of the first Yuan stablecoin for internal and external use. According to a report by the Financial Times, China has continued to use Hong Kong as its testbed for cryptocurrency and blockchain products. After years of curtailing the development of Yuan-backed stablecoins, the Chinese Communist Party (CCP) is …
President Trump has sparked a heated debate after claiming that two major American banks discriminated against him. He claims JPMorgan Chase and Bank of America refused to work with him after his presidency, sparking concern from conservatives, crypto advocates, and free speech groups alike. Were the banks simply following the rules, or is there more …
The Securities and Exchange Commission (SEC) through its Division of Corporation Finance has issued a statement regarding liquid staking. According to the agency, liquid staking activities do not involve the offer and sale of securities. As a result, the U.S. SEC does not require crypto protocols or fund managers to register with the Securities Act …
The U.S. Securities and Exchange Commission (SEC) has released new guidance clarifying that certain liquid staking activities in the crypto space do not qualify as securities offerings. The announcement marks a major step toward clearer regulation for US crypto market. According to the SEC, receiving a liquid staking token as proof of ownership doesn’t always …
Indonesia’s Vice President’s office recently invited prominent Bitcoin advocates to discuss the potential of adopting Bitcoin as a national reserve asset. This initiative reflects Indonesia’s growing interest in digital currencies and consideration of how Bitcoin could play a role in strengthening the country’s financial reserves. As more nations explore cryptocurrency integration, Indonesia’s engagement highlights the …
The Royal Government of Bhutan has moved 517 BTC, valued at $59.23 million, to a new cryptocurrency wallet. Reports suggest that the funds are likely headed to Binance, one of the world’s largest crypto exchanges. This significant transaction highlights Bhutan’s ongoing involvement in the crypto market and adds to the growing trend of governments and …
The Philippine Securities and Exchange Commission (SEC) is ramping up its fight against offshore crypto exchanges that continue to operate without a license. In a fresh advisory issued on August 4, the regulator named 10 major global platforms accused of violating the country’s new digital asset compliance rules. They’ve reportedly been actively marketing and serving …
As of 2025, Ghana is actively developing its cryptocurrency landscape. It is drafting roadmaps for creating licenses for crypto exchanges and platforms. The Bank of Ghana is establishing a dedicated unit focused on digital assets to manage the regulatory process. Before 2025, cryptocurrency was effectively illegal or unregulated in Ghana. The Bank of Ghana issued …
The Commodity Futures Trading Commission (CFTC) has launched an initiative to enable trading for crypto asset contracts through its regulated exchanges. According to acting chairman Caroline Pham, the initiative is the first crypto-focused move geared to enable the mainstream adoption of digital assets in the United States. Furthermore, President Donald Trump has directed all respective …
Former UK Chancellor George Osborne has warned that Britain is falling behind in the global crypto race due to the Labour government’s overly cautious approach. He compared the current shift in digital finance to the 1980s “Big Bang” reforms and urged swift action to stay competitive with the US, EU, and Asia. Osborne, who now …
The SEC’s crypto task force is heading out on a national tour to hear directly from the crypto community. After holding roundtables in Washington, D.C. this past spring, the Task Force now wants to connect with individuals who were unable to attend those events. Here are the details! Crypto Roundtables to Visit 10 Cities Nationwide …
Hong Kong is making a powerful move to lead the digital finance future. The city is setting the stage to become Asia’s top crypto hub. As of August 1, Hong Kong’s new Stablecoin Ordinance is officially in force. The HKMA (Hong Kong Monetary Authority) has issued detailed licensing guidelines covering capital, custody, KYC, reserves, and …
President Trump’s family is deep in crypto and lawmakers want answers. Three top Democratic senators are pressing U.S. bank regulators to explain how they plan to handle what they say is a serious conflict of interest: the President of the United States overseeing crypto regulation while his own family profits from it. In a letter …
Paul Atkins, the current chairman of the United States Securities and Exchange Commission (SEC), has announced a new initiative dubbed Project Crypto. According to Chair Atkins, the Project Crypto initiative is a broad-based program designed to modernize the securities rules and regulations through the use of blockchain technology. The launch of the Project Crypto initiative …
Tether, the biggest stablecoin issuer, reported a record $4.9 billion profit in Q2 2025. The gain shows better operations and smart management of its $127 billion in U.S. Treasuries. As of June 30, 2025, the circulation of Tether’s USDT exceeded $157 billion, marking an increase of $20 billion since the beginning of the year. Tether’s …
South Korea’s top financial regulators are sounding alarms over crypto lending and margin trading services launched by major crypto exchanges. This move could shake up the crypto market, tightening rules and changing how investors trade and borrow digital assets. As per a report from Korea JoongAng Daily, the Financial Services Commission (FSC) and Financial Supervisory …
Cryptocurrency adoption in Bolivia is gaining speed, and it’s now getting international support. On Wednesday, Bolivia’s central bank signed a memorandum of understanding with El Salvador to support the growth of cryptoassets in the country. With crypto usage rising fast and access to U.S. dollars tightening, this partnership could redefine how Bolivians interact with money. …
The White House has released a 163-page strategy outlining its approach to cryptocurrency policy, but one major detail was left out: what the government plans to do with its Strategic Bitcoin Reserve. While the report pushes regulators like the SEC to take action even without new laws, it offers little clarity on how the U.S. …
The Federal Reserve kept interest rates unchanged at 4.25–4.5%, signaling cautious monitoring of inflation and economy. Investors now watch for a possible rate cut in September. Simultaneously, the White House unveiled its first comprehensive crypto policy report, outlining new regulatory guidelines including stablecoin licensing, clearer agency roles, and updated AML measures. The report aims to …
Pakistan will permit banks and financial institutions to buy and sell Bitcoin to accelerate cryptocurrency adoption nationwide. The State Bank of Pakistan will issue licenses under the new Virtual Assets Act, 2025, creating a regulatory framework for crypto trading. This policy aims to modernize the financial system, enhance transaction transparency, and expand digital asset access. …
Pi Coin price is trading around $0.42, down nearly 4% today as sentiment weakens across the community. The dip follows widespread reports of failed Pi token transactions via the Pi Wallet’s new “Buy” feature. The timing is indeed critical for investors who are already cautious due to a large token unlock scheduled for August, and …
Indonesia is tightening crypto taxes. Starting August 1, new rules will raise taxes on crypto trades, especially on those using foreign platforms. The move highlights the government’s intent to capture a larger share of revenue from a booming sector that now boasts over 20 million users, outpacing the country’s traditional stock market investor base. New …
The Bank of Korea has established a new “Virtual Asset Team” within its Financial Payment Systems Bureau to oversee crypto markets and lead efforts in creating a Korean won-pegged stablecoin. This strategic move reflects increased focus on stablecoin regulation and market readiness as South Korea shifts from CBDC research to practical digital currency initiatives. The …
The United States Securities and Exchange Commission (SEC) has approved the in-kind creation and redemption of crypto assets exchange-traded products (ETPs). For the past 19 months, since the first spot Bitcoin (BTC) exchange-traded fund (ETF) was approved, the creation and redemption have been limited to an in-cash basis only. Following the July 29 approval, the …
Hong Kong’s stablecoin rules are set to launch this August, and JD.com is quietly making its move. According to local media, JD CoinChain, JD.com’s blockchain arm, has registered the names “JCOIN” and “JOYCOIN”, which are believed to be the company’s upcoming stablecoins, as per a report from Hong Kong media outlet, Ming Pao. JD’s Stablecoin …
The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has finalized its regulatory framework for stablecoin issuers, publishing two sets of guidelines that will come into effect on August 1. While the framework is now in place, the HKMA is expected to issue the first batch of stablecoin licences in early 2026, …
This is a bold move and one to watch! RAKBANK has become the first traditional bank in the country to offer crypto trading through its mobile banking app. The new service lets customers buy, sell, and swap cryptocurrencies directly in AED with no need to convert to foreign currencies or use third-party exchanges. It’s powered …