Rolling crypto market coverage, DeFi developments, Bitcoin and Ether moves, ETF demand, policy updates, and infrastructure launches.
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.
Despite regulatory geoblocks, new data reveals that users in the United States remain the primary drivers of activity on decentralized prediction market Polymarket, particularly in political betting.
Senators Tim Scott and Bill Hagerty, known for their crypto legislative efforts, have introduced a new bill aimed at empowering the U.S. Commerce Department to safeguard domestic AI technology and its supply chains from foreign adversaries.
Upcoming policy hearings are expected to shape the tone of digital-asset compliance and market structure debate.