The U.S. Securities and Exchange Commission (SEC) has once again delayed rulings on multiple cryptocurrency exchange-traded fund (ETF) applications, moving most deadlines into October 2025. The extensions affect filings tied to Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, underscoring the regulator’s cautious approach as it evaluates how to integrate digital assets into the broader financial […]
Japan’s top financial regulator is preparing to authorize the issuance of yen-denominated stablecoins as early as this fall, paving the way for the country’s first domestically backed digital currency tied to fiat, according to Nikkei. Tokyo-based fintech JPYC is expected to spearhead the launch, with its registration as a money transfer provider scheduled for completion […]
New legislation aims to attract global capital and establish El Salvador as a regional hub for digital assets. El Salvador’s Legislative Assembly has enacted a comprehensive Investment Banking Law creating a new category of financial institutions dedicated exclusively to high-net-worth and institutional clients, according to a recent press release. Proposed last year, the legislation seeks […]
U.S. banks that deny services to cryptocurrency-related businesses may soon face regulatory consequences, as former President Donald Trump is reportedly preparing to sign an executive order addressing “debanking” practices. According to The Wall Street Journal, the draft order aims to prohibit financial institutions from closing accounts based on ideological or political considerations—a move positioned to […]
Deutsche Bank, Germany’s largest lender, plans to launch a crypto custody service in 2026, according to Bloomberg sources familiar with the matter. The move aligns with rising institutional demand for secure digital asset solutions among traditional financial institutions. The service will focus on regulated custody for institutional and corporate clients, marking Deutsche Bank’s entry into […]
The Arizona House of Representatives passed Bill HB2324 on Tuesday, advancing legislation aimed at creating a state-managed reserve of Bitcoin and other digital assets obtained through criminal forfeiture. The bill, which was revived earlier this month, cleared the state Senate last Friday and now heads to Governor Katie Hobbs for approval. HB2324 proposes expanding Arizona’s […]
Thailand’s cabinet has approved new tax measures that exempt personal income tax on capital gains from the sale of digital assets conducted through platforms regulated by the Securities and Exchange Commission (SEC). The exemption will be in effect from January 1, 2025, through December 31, 2030. Announced by Deputy Finance Minister Chulaphan Amornvivat on X, […]
Charles Hoskinson, co-founder of Cardano, has proposed converting $100 million worth of ADA from the project’s treasury into a mix of stablecoins and Bitcoin to enhance liquidity and accelerate the growth of Cardano’s decentralized finance (DeFi) ecosystem. In a recent YouTube livestream, Hoskinson highlighted the network’s current imbalance between stablecoin supply and total value locked […]
Bitcoin rebounded Monday morning, rising from around $105,600 to $107,800 as investor attention turned to high-stakes US-China trade negotiations beginning in London. The cryptocurrency had recently surged to a record high near $112,000 before retreating to $101,000 amid a flurry of negative headlines, including stalled trade talks, renewed ETF outflows, and former President Trump’s threat […]
Bitcoin (BTC) miners enjoyed their most profitable month since the 2024 halving, with revenues surging in May as the cryptocurrency’s price reached new all-time highs above $111,000. According to data from The Block, Bitcoin miners generated $1.52 billion in revenue during May—a 29% increase from April’s $1.18 billion. Of that total, $20 million came from […]
