Policy and Regulation

US House revives Crypto Week agenda, advances three crypto bills

US House revives Crypto Week agenda, advances three crypto bills

Lawmakers voted 215 to 211 to advance the Guiding and Establishing National Innovation for US Stablecoins Act. The successful Wednesday votes marked a recovery for Republican leadership after Tuesday’s unexpected setback. Many House Democrats continue to push against all three bills. The US House of Representatives voted narrowly on Wednesday to resume its push on […]

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South Korea’s crypto reform plans offer tax cuts and funding access to companies

South Korea’s crypto reform plans offer tax cuts and funding access to companies

The move would give digital asset firms access to tax breaks and state funding. Dunamu paid ₩24 billion in taxes after losing venture status in 2018. Policy is part of President Lee’s pro-crypto economic strategy. South Korea is moving to formally recognise crypto businesses as venture companies, a decision that could give the industry access

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Elon Musk announces his ‘America Party’ will embrace Bitcoin, criticizes Trump’s fiscal bill

Elon Musk announces his ‘America Party’ will embrace Bitcoin, criticizes Trump’s fiscal bill

Elon Musk, the founder of Tesla and SpaceX, has declared that his nascent political movement, the “America Party,” will embrace Bitcoin, stating that traditional fiat currency “is hopeless.” This announcement, made on the social media platform X, comes amid a deepening public rift between Musk and President Donald Trump, primarily over the administration’s fiscal policies.

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SEC approves Grayscale’s conversion of BTC, ETH, SOL, XRP fund into an ETF

SEC approves Grayscale’s conversion of BTC, ETH, SOL, XRP fund into an ETF

The U.S. Securities and Exchange Commission has approved Grayscale’s Digital Large Cap Fund conversion into a spot ETF. The fund holds Bitcoin, Ethereum, XRP, Solana, and Cardano. Experts expect approvals of multiple crypto spot ETFs. The U.S. Securities and Exchange Commission (SEC) has approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a

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Judge rejects Ripple and SEC’s joint bid to conclude XRP lawsuit

Judge rejects Ripple and SEC’s joint bid to conclude XRP lawsuit

A US federal judge has denied Ripple and the SEC’s joint request to end the XRP case. Ripple must now appeal or accept the court’s partial ruling. Legal uncertainty around XRP continues to affect market sentiment. In a major legal setback for both Ripple Labs and the US Securities and Exchange Commission (SEC), a federal

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Where is Bitcoin Pepe price headed as crypto markets register major regulatory win?

Where is Bitcoin Pepe price headed as crypto markets register major regulatory win?

The growing push for regulatory clarity is poised to bring much-needed visibility to the broader crypto market. Bitcoin Pepe, a meme-centric Layer 2 solution built on the Bitcoin network, could benefit from this shift. The team behind the project is expected to make another listing announcement on June 30. The cryptocurrency

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US sanctions tech firm tied to multi million dollar crypto scam operations

US sanctions tech firm tied to multi million dollar crypto scam operations

The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions, all US-based assets or interests tied to Funnull or Liu are blocked. The US government on Thursday imposed sanctions on Funnull

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Bybit opens European headquarters in Vienna after securing MiCA license in Austria

Bybit opens European headquarters in Vienna after securing MiCA license in Austria

Bybit opens European HQ in Vienna after securing Austria’s MiCA license. The MiCA license allows Bybit to serve all 29 European Economic Area countries. Bybit plans 100+ hires and collaboration with local universities in Vienna. Bybit is establishing its European headquarters in Vienna, Austria, following the successful acquisition of a license under the European Union’s

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UK confirms crypto tax data rules under CARF; first deadline set for May 2027

UK confirms crypto tax data rules under CARF; first deadline set for May 2027

CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with over 40 jurisdictions pushing for crypto tax transparency. The UK government has confirmed it will implement new crypto tax data rules under the Organisation for

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Coinbase CEO bullish on stablecoin bill’s senate fate despite political headwinds

Coinbase CEO bullish on stablecoin bill’s senate fate despite political headwinds

Coinbase CEO is “optimistic” about Senate passing stablecoin legislation soon, despite recent setbacks. A key Senate vote on the bill failed last week due to Democratic concerns, including potential benefits for Trump. Coinbase is set to join the S&P 500, a move Armstrong calls a sign “crypto’s here to stay.” Coinbase CEO Brian Armstrong conveyed

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