A Republican and Democratic representative have jointly released a proposed tax framework for cryptocurrencies that would exempt certain stablecoin transactions from taxation and provide clarity on the tax treatment of staking rewards.
Crypto investment firm Bitwise is the latest to apply for a SUI exchange-traded fund.
The US Federal Reserve has withdrawn a policy statement from 2023 that had effectively prohibited the banks it supervises from engaging with cryptocurrency.
OKX has activated spot margin trading for its European clientele, a service that supports leveraged trading with a multiplier of up to 10 times on certain crypto assets.
In a continued rollout of the GENIUS Act, the FDIC has proposed a formal application rule for payment stablecoin issuance.
Crypto asset ownership in the UK has fallen to 8% of adults, down from 12% in 2024, based on a YouGov survey for the Financial Conduct Authority.
Blockchain firm Startale Group and financial conglomerate SBI Holdings have partnered to issue a Japanese yen stablecoin.
Inflows into crypto-linked exchange-traded products totaled US$864 million last week, making it the third consecutive week of positive flows.
The UK Treasury plans to subject crypto assets to the same regulatory treatment as traditional financial products starting in 2027.
The founder of Terraform Labs, who pleaded guilty to fraud charges, is set to appear in a New York federal court for the judgment.
The debt was issued for Galaxy Digital Holdings, marking a progressive move by a leading Wall Street institution into digital asset utilization.
The ETF, with the ticker symbol TOXR, started trading, offering investors a fresh conduit to the cryptocurrency market.
The statement indicates a recalibration of priorities regarding the potential digitization of the national currency.
The digital asset firm Galaxy has revealed plans to establish an office and a new entity in Abu Dhabi, signaling a committed expansion into the Middle Eastern market.
Bitcoin’s near-term fate may be influenced by the Federal Reserve’s policy statement today, with CryptoQuant suggesting a dovish shift could ignite a rally toward $112,000.
