South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move during a policy update to the State Affairs Planning Committee. The FSC plans to roll out its proposal […]
South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal Read More »
Key Takeaways CZ emphasizes the need for crypto platforms to implement inheritance features for digital assets. Regulatory frameworks should allow minors to hold accounts to receive inherited crypto assets. Share this article Binance co-founder Changpeng “CZ” Zhao has called for crypto platforms to implement ‘will function’ — a built-in feature that allows users to designate
The Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as some believe it may exceed the executive’s jurisdiction on tax matters, thereby bypassing the institution’s mandate. Flat Cryptocurrency Tax Decree Contested in Brazilian Congress Cryptocurrency taxation is becoming a hot topic in Brazil,
Brazil’s Congress up in Arms Against ‘Flawed’ Cryptocurrency Tax Decree Read More »
Ohio’s House of Representatives has passed a bill that would make it easier for crypto owners to use their crypto assets for payments, advancing the legislation to the Senate for further consideration. The Ohio Blockchain Basics Act, also known as HB 116, passed the House in a 70-26 vote on Wednesday, a day after advancing
Ohio House advances bill exempting sub-$200 crypto transactions from capital gains tax Read More »
Jordan’s new digital asset trading legislation will come into force 90 days following its publication in the official gazette. Central Bank Digital Currency Not Covered by New Law Jordan’s digital asset trading law is set to become effective in 90 days following the publication of the Virtual Currency Trading Law of 2025 in the official
Unlicensed Crypto Activity in Jordan Could Soon Carry Jail Time Read More »
Key Takeaways Iran’s Central Bank has restricted crypto exchange operating hours following a Nobitex security breach. The new regulations aim to enhance oversight of crypto trading amid international financial sanctions. Share this article Iran’s Central Bank has enforced domestic crypto exchanges to operate only between 10 AM and 9 PM in response to a recent
Iran restricts crypto exchange hours after massive Nobitex exploit drains BTC, ETH, XRP Read More »
Key Takeaways Bitcoin held steady at $104K as the Federal Reserve maintained interest rates at 4.25%-4.50%. The Fed projects two rate cuts in 2025, with a gradual easing to 3.4% by 2027. Share this article Bitcoin hovered around $104,200 on Wednesday after the Federal Reserve left its benchmark interest rate unchanged at 4.25% to 4.50%,
Bitcoin holds steady at $104K as Fed eyes inflation from tariffs before easing Read More »
Key Takeaways The US DOJ filed a civil forfeiture case to seize $225.3 million from crypto related scams. This seizure is the largest in US Secret Service history, involving over 400 victims worldwide. Share this article The US Department of Justice (DOJ) is seeking court approval to forfeit approximately $225 million in USDT held across
US DOJ seeks to forfeit $225 million in crypto from global scam network Read More »
Europol has dismantled one of the dark web’s longest-running marketplaces, Archetyp Market, following coordinated raids across six countries. Key Takeaways: Europol has shut down Archetyp Market, one of the dark web’s largest drug marketplaces. The takedown included arrests across Europe and the seizure of core infrastructure in the Netherlands. Experts warn the disruption may be
Archetyp Market Shut Down in Europol Raid, But TRM Labs Questions Long-Term Impact Read More »
Key Takeaways Senate passes the GENIUS stablecoin bill with bipartisan support, marking first major crypto legislation to clear the chamber. The bill moves to the House, which may vote on the GENIUS Act or push its own STABLE Act instead. Share this article The US Senate has officially passed the GENIUS Act, marking the most
US Senate passes GENIUS stablecoin bill, advancing it to the House for final approval Read More »
