Rolling crypto market coverage, DeFi developments, Bitcoin and Ether moves, ETF demand, policy updates, and infrastructure launches.
Giovanni Cunti, CEO of Gate Europe, suggests that the stringent compliance demands of the EU's MiCA regulation could force some licensed crypto firms to exit the European market, raising concerns about market consolidation and innovation.
The US Senate has unanimously passed a nonbinding resolution opposing any presidential pardon for disgraced FTX founder Sam Bankman-Fried, signaling broad political consensus against clemency for high-profile crypto fraudsters.
France's Autorité nationale des jeux (ANJ) has mandated internet service providers to geoblock Polymarket, citing concerns over illegal gambling and potential market manipulation, marking a significant regulatory move against prediction markets.
A year after its enactment, the GENIUS Act has fundamentally reshaped the stablecoin market, providing a federal regulatory framework that has spurred significant growth and accelerated institutional adoption, despite ongoing implementation challenges.
Japan's House of Councillors has passed Cabinet Bill 57, moving regulated crypto activities under the Financial Instruments and Exchange Act (FIEA), a significant step towards institutional clarity. While a 20% tax on qualifying crypto gains is now legislated, its effective date, potentially as late as 2028, depends on
A government-backed review in the UK warns that judges and magistrates are ill-equipped to handle the impending surge in crypto money laundering and AI-driven fraud cases, signaling potential challenges for justice and regulatory clarity.
The UK government has unveiled a new 'no gain, no loss' rule for specific crypto asset transfers related to lending and liquidity pools, a move expected to impact approximately 700,000 users and significantly streamline tax obligations.
Japan has passed a significant amendment to its Financial Instruments and Exchange Act, bringing digital assets under stringent financial regulations, including new insider trading rules and enhanced oversight.
As the Clarity Act approaches a critical vote, Democratic opposition intensifies, primarily fueled by concerns that the proposed legislation lacks sufficient safeguards to address former President Donald Trump's substantial crypto fortune.
New UK election funding rules, aimed at curbing overseas financial influence, could significantly impact political parties relying on donations from crypto-wealthy individuals like Christopher Harborne, a key backer of the Reform Party.
Crypto mining giant Bitmine has allocated $74 million to Ether, a strategic treasury move that diverges from peers and signals growing institutional confidence in ETH, particularly amid expectations for the Clarity Act.
Fintech giant Revolut is set to delist Tether's USDT stablecoin for its U.S. customers after August 31st, citing escalating regulatory and risk concerns. This move highlights the growing pressure on stablecoin issuers and platforms operating in the U.S. market.