The Property (Digital Assets etc) Act received Royal Assent on Tuesday, the final step of an act becoming law after being passed by the U.K. Parliament.
Florida is back with another attempt to put Bitcoin on the state’s balance sheet. The new bill, HB 183, revives last year’s failed effort but with sharper teeth and broader reach. It once again sets a ceiling of 10% of certain state funds that could be allocated to digital assets, including Bitcoin and regulated ETFs. […]
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New York City Mayor Eric Adams just built a new power center for crypto inside City Hall. On Oct. 14, he signed Executive Order 57 and created the Office of Digital Assets and Blockchain Technology, a unit that sits in the Mayor’s Office, reports to the city CTO, and is led by Moises Rendon. City […]
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California Governor Gavin Newsom signed SB 822 into law on Oct. 11, making it the first state in the US to prevent the forced liquidation of unclaimed crypto. The statute updates California’s Unclaimed Property Law to require that dormant crypto turned over to the state be held as crypto, not automatically converted to cash. The […]
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A confidential draft bill circulating among Senate Democrats proposes sweeping new oversight of DeFi, extending Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) duties to DeFi interfaces, validators, and even node operators. According to reports, the leaked bill was intended as the Democrats’ counterweight to the House-backed market-structure bill. However, internal backlash has reportedly stalled those broader discussions […]
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On Capitol Hill, Senator Cynthia Lummis wants to make Bitcoin “everyday money.” The Wyoming Republican is quietly drafting legislation that could do what years of evangelism never managed: make buying coffee with Bitcoin practical again. Her proposal, a de minimis tax exemption for small crypto transactions, would let Americans spend a few hundred dollars’ worth […]
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The United Kingdom is weighing measures that could compel Apple to provide access to some iCloud data, raising a precise question for crypto users who keep wallets on iPhones and Macs. If device backups and common file stores lose end-to-end protections in the UK, seed phrases and private key material can more easily move from […]
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Bitcoin trades into a policy deadline as prediction markets price a U.S. government shutdown. Polymarket contracts showed odds peaking between 72% and 82% for a lapse in funding in 2025, up from roughly 35% earlier in the month, reflecting rapid adjustments in crowd forecasts as negotiations narrowed. Crypto pricing tracked the shift in macro risk, […]
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The Securities and Exchange Commission and the Commodity Futures Trading Commission host a joint roundtable on regulatory harmonization for digital assets today from 1 to 5:30 P.M. ET, streamed on SEC.gov. Opening remarks will come from SEC Chair Paul S. Atkins and CFTC Acting Chair Caroline D. Pham, with closing remarks from SEC Commissioner Hester M. […]
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The Senate Finance Committee said Sept. 24 that it will hold a hearing next week on how digital assets should be taxed as industry leaders continue to push for clear federal rules. Committee Chairman Mike Crapo announced that the session, titled “Examining the Taxation of Digital Assets,” will be held on Oct. 1. According to […]
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MetaMask’s mUSD, the European Union’s digital euro initiative, and Hong Kong’s offshore yuan token AxCNH set up a three-way contest for on-chain payments. The prize is not trading volume or speculative flows, it is the share of real-world settlement that could reach $2 to $4 trillion annually if 1 to 2 percent of global cross-border payments move to […]
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90 days to Digital Fort Knox starts with Congress, which set a deadline for Treasury to outline a Strategic Bitcoin Reserve and a companion custody plan that would govern federal digital asset holdings. The reported FY2026 Financial Services and General Government bill, H.R. 5166, directs Treasury to deliver a practicability report on a Strategic Bitcoin […]
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Michigan lawmakers have revived a dormant proposal that could allow the state to invest public funds in crypto. On Sept. 18, the Management and Budget Act, also known as House Bill 4087, advanced to its second reading and was referred to the House Committee on Government Operations, ending more than seven months of legislative inactivity. […]
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The bill proposes allowing the state treasury to invest up to 10% of its reserves in bitcoin and potentially other cryptocurrencies.
There’s little doubt that Tether has conquered the world with USDT. With a market cap of $171 billion, it outpaces all other stablecoins combined. Earlier this month, Tether introduced a new U.S. dollar stablecoin, USA₮, to compete with USDC in the domestic market under U.S. law. The company named Bo Hines to lead its U.S. […]
The post After USDT’s global victory Circle’s USDC battles Tether’s USAT in $650B USA showdown appeared first on CryptoSlate.
The SEC and Gemini, the exchange founded by Tyler and Cameron Winklevoss, reached a settlement in principle to resolve the agency’s 2023 lawsuit over the Gemini Earn program, with a court deadline for an update on final papers set for Dec. 15. Per Reuters, the filing states the agreement would completely resolve the litigation pending […]
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A coalition of corporate Bitcoin (BTC) holders announced the first members of the Treasury Council on Sept. 16, positioning themselves as advocates for federal Bitcoin adoption. The Treasury Council includes nine chief executives from companies holding Bitcoin in their corporate treasuries, led by Strategy CEO Phong Le, MARA Chairman Fred Thiel, and Riot CEO Jason […]
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Lawmakers in Washington are weighing how the federal government should approach custody of Bitcoin and other digital assets. A new bill, HR 1566, directs the Treasury Department to prepare a comprehensive report on the feasibility of creating both a Strategic Bitcoin Reserve and a wider Digital Asset Stockpile. The measure forms part of the financial […]
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The Securities and Exchange Commission has set a rulemaking agenda that shifts U.S. crypto oversight toward formal rules, outlining proposals on the offer and sale of digital assets, broker-dealer treatment, and the potential for crypto trading on national exchanges and alternative trading systems. The agenda also includes plans to streamline disclosures and reduce compliance burdens […]
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Ukraine has begun formal steps to legalize the crypto industry, shifting from a largely unregulated market to one with a defined legal status. On Sept. 3, Ukrainian lawmaker Yaroslav Zhelezniak revealed that he and his colleagues approved a bill that legalizes and taxes the use of digital assets in the country. According to him, the […]
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Pennsylvania lawmaker Ben Waxman, a Democrat, has introduced a bill that would prevent public officials from owning or transacting in digital assets while in office. The proposal, known as the House Bill 1812 (HB1812), aims to amend the state’s ethics and financial disclosure laws and extend those restrictions to officials’ immediate families. The legislation covers […]
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The European Union is accelerating work on a digital euro and is weighing public blockchains, including Ethereum and Solana, for issuance and settlement, per the Financial Times. The move follows passage of U.S. stablecoin legislation and a market dominated by dollar-pegged tokens, a backdrop that raises concerns inside European institutions about the euro’s role in […]
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Pennsylvania lawmakers introduced new legislation on Aug. 20 that will require public officials to disclose digital asset holdings exceeding $1,000 and divest anything above that threshold within 90 days of the bill coming into effect. The legislation also prohibits officials from conducting crypto transactions during their term and for one year after leaving office. The […]
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US Representative David Schweikert has introduced legislation granting the President authority to act against crypto criminals operating abroad. The bill, filed as House Resolution (H.R. 4988), invokes the rarely used concept of “letters of marque and reprisal,” which is a legal instrument dating back to maritime warfare. Historically, such letters authorized privateers to attack and […]
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Industry groups said repealing key provisions of the GENIUS Act would stifle competition and deny consumers meaningful choice.
Illinois Governor JB Pritzker criticized President Donald Trump for allowing crypto insiders to shape federal policy, saying the approach puts investors at risk. In an Aug. 18 post on X, Pritzker contrasted Trump’s approach to his state’s commitment to structured, investor-focused regulations. According to him: “While Trump lets crypto bros write federal policy, Illinois is […]
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USDe has set a new industry record by hitting $10 billion in total value locked (TVL) in just 500 days, making it the fastest stablecoin in history to reach that milestone. The protocol behind USDe, Ethena Labs, posted: “everyone wants to know what we’d say if we didn’t reach $10b supply i guess we’ll never […]
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Ukraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender, per RBC Ukraine. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said on August 8 that “virtual assets cannot be a means of payment in Ukraine” and described this restriction […]
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Standard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for a license to issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory regime. As Reuters reported, the venture formally notified the Hong Kong Monetary Authority (HKMA) of its intent just days […]
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Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity. The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory overreach and vague definitions that could stifle innovation across the digital asset space. The comments come in response to […]
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