IRS lets qualifying crypto trusts stake assets without losing tax status
The U.S. Internal Revenue Service has updated its safe harbor allowing qualifying investment and grantor trusts to stake proof of…
US Senate Findings Put GCC Stablecoin Transactions Under Spotlight
US Senate Inquiry Heightens Sanctions Compliance Burden Findings by the U.S. Senate Permanent Subcommittee on Investigations (PSI) identifying stablecoins, particularly…
CLARITY Act Failed Voting Despite Affiliate Trading Rules Adjustment
US Senator Cynthia Lummis revealed that Democrats voted no on the CLARITY Act even after she and her colleagues conceded…
Thai SEC Files Complaint Against As Sure Technology
The Thai SEC has filed a complaint against As Sure Technology Co., Ltd. for operating a digital asset trading center…
House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill
Representative French Hill, who chairs the House Financial Services Committee, said that though US financial regulators were moving forward with…
Jury Convicts Uranium Finance Hacker Who Spent Crypto Loot on Pokemon Cards
Jury Raps Spalletta on Both Counts Inner City Press reported Wednesday morning that a Manhattan federal jury found Jonathan Spalletta…
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Pro-crypto regulator Mike Selig has said that pushing ahead with new rules will stop another collapse like FTX. Speaking on…
French Hill says agency crypto rules cannot replace CLARITY Act
French Hill, Chairman of the House Financial Services Committee, stated in his remarks on Wednesday that crypto rule-making by the…
Bhutan’s DK Bank Secures ADGM In-Principle Approval for Abu Dhabi Expansion
The bank plans to offer custody, payments, brokerage and advisory services from Abu Dhabi as it looks to connect Bhutan…
Crypto must cement adoption to withstand US policy shifts: Canton CEO
Digital Asset co-founder and CEO Yuval Rooz said the crypto industry should use the current regulatory environment to accelerate institutional…