Government policy, laws and regulation shaping digital assets and the future of money.
The House Ways and Means Committee Oversight Subcommittee will convene on July 9 to explore the creation of a modern digital asset tax policy, aiming to position the United States as a global hub for cryptocurrency innovation. The hearing, titled “Making America the Global Cryptocurrency Capital,” will address the development of a 21st-century framework for … Read more
Hong Kong is solidifying its position as a leading global digital asset hub, implementing robust new regulatory measures to combat fraud and bolster investor protection. The Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) have recently proposed a new licensing regime for over-the-counter (OTC) virtual asset trading services, following … Read more
Ukraine has stepped up efforts to cut off Russia’s access to cryptocurrency networks by imposing new sanctions targeting over 70 individuals and 60 companies alleged to be helping Moscow bypass financial restrictions through digital assets. President Volodymyr Zelenskyy approved the broad sanctions, which blacklist major Russian crypto miners, digital asset issuers, and payment intermediaries suspected … Read more
New Zealand continues to approach cryptocurrency with a unique and evolving regulatory stance. Rather than treating crypto as legal tender, the country recognizes it as property for tax purposes—a move that has shaped its digital asset landscape since 2018. As interest in crypto investments grows, so does the government’s push for transparency, security, and regulatory … Read more
Italy is solidifying its position in the global cryptocurrency landscape by establishing a comprehensive regulatory framework, largely driven by the European Union’s (EU) Markets in Crypto Assets Regulation (MiCAR) standards. This move aims to provide a secure environment for crypto and other digital currencies by enhancing investor protection, promoting transparent practices, and implementing clear stablecoin … Read more
Connecticut Governor Ned Lamont has signed into law the “Bitcoin Reserve Ban,” which prohibits state entities from holding or investing in digital assets. Announced on Wednesday, the measure cements Connecticut’s position on restricting cryptocurrency exposure within public sector agencies. The law bars all state government bodies from transacting in or maintaining reserves of cryptocurrencies, including … Read more
Grayscale has received approval from the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund tracks the five largest cryptocurrencies by market capitalization, based on the CoinDesk Five Index, with Bitcoin (BTC) dominating the portfolio at 80.2%. Ethereum (ETH) follows at 11.3%, Solana (SOL) holds … Read more
The U.S. Securities and Exchange Commission (SEC) is making significant strides toward establishing a universal listing standard for cryptocurrency exchange-traded funds (ETFs), a move that could streamline approvals and accelerate institutional adoption of digital assets. Industry observers, including Bloomberg’s Eric Balchunas, have expressed strong optimism regarding the development. Balchunas noted on July 2 that the … Read more
Nasdaq listing expected by Q3 2025 under ticker “ABTC” Gryphon Digital Mining and American Bitcoin Corp. jointly announced the submission of a revised S-4 registration statement to the U.S. Securities and Exchange Commission (SEC), marking a major milestone in their planned merger. Under the terms of the agreement, Gryphon will acquire American Bitcoin through a … Read more
The XRP community is experiencing a wave of renewed optimism after Ripple officially announced the closure of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). In a pivotal development, both parties have dropped their appeals, and Ripple has agreed to a significantly reduced settlement of $50 million, far below the SEC’s … Read more