Browsing: Digital Assets

Senator Cynthia Lummis introduces a crypto tax bill aiming to simplify taxation for digital asset users, with a $300 tax-free threshold and a $5,000 annual cap.

Sweden intensifies efforts to seize cryptocurrencies under a 2024 law aimed at curbing violent crime, sparking debates on privacy and the role of digital assets in the economy.

Chinese tech giants JD and Ant Group are pushing for Yuan-based stablecoins to reduce the global dominance of US dollar stablecoins, marking a pivotal shift towards a multipolar financial ecosystem.

A US government watchdog report criticizes the IRS Criminal Investigation division for not adhering to protocols in crypto seizures, recommending significant improvements.

AllUnity, a joint venture by Deutsche Bank and DWS, secures BaFin approval for EURAU, a MiCA-compliant euro stablecoin, signaling a major advancement in the fusion of traditional banking and digital assets.

Deutsche Bank announces plans to launch a cryptocurrency custody service by 2026, partnering with Bitpanda and Taurus to meet growing institutional demand.

Arizona Governor Katie Hobbs vetoes a bill aimed at creating a state-managed fund for seized cryptocurrencies, highlighting ongoing debates over digital assets in public finance.

Connecticut enacts a new law banning the use of cryptocurrency in government operations, setting a precedent in digital asset regulation.

The US Senate debates amendments to Trump’s tax bill with significant implications for the cryptocurrency sector, including proposed tax relief and rejected restrictions on crypto promotions by government officials.

Circuit’s new recovery system aims to eliminate the risk of permanent loss in cryptocurrency through innovative AAE technology, already attracting institutional interest.

Bakkt Holdings Inc. has filed a $1 billion shelf registration with the SEC, signaling potential moves into Bitcoin and other cryptocurrencies as part of its updated investment strategy.

Exploring how the GENIUS Act could reshape the legal proceedings against Terraform Labs co-founder Do Kwon and the broader implications for cryptocurrency regulation in the US.

The US Senate is set to discuss a bipartisan crypto market structure framework, following the GENIUS Act’s passage, with key industry figures testifying, as the House advances its own CLARITY Act amidst concerns over personal gains from the legislation.

South Korea’s youth are increasingly turning to cryptocurrency as a last resort amid economic hardships, driven more by necessity than belief in the technology.

The Arizona Senate revives a Bitcoin reserve bill, signaling continued legislative interest in cryptocurrency regulation and management of digital assets.

US President Donald Trump urges the House to pass the GENIUS stablecoin bill swiftly, aiming to cement US leadership in digital assets and global finance.

The Blockchain Group, Europe’s pioneering Bitcoin treasury firm, has augmented its Bitcoin reserves with a $20 million purchase, now holding over $170 million in BTC, showcasing the growing institutional embrace of cryptocurrency.

Thailand introduces a five-year tax break for cryptocurrency transactions, aiming to boost its economy and position itself as a global financial hub.

The US Senate has passed the GENIUS Act, marking a pivotal move towards stablecoin regulation and positioning the US as a potential leader in the crypto space.

Thailand has approved a five-year tax exemption on cryptocurrency sales to boost its position as a global financial hub and encourage regulated digital asset trading.