Key Takeaways The U.S. Office of the Comptroller of the Currency (OCC) has issued fresh guidance confirming that national banks and federal savings associations are permitted to offer crypto custody and execution services to customers. The clarification was delivered via…
Key Takeaways The Australian Taxation Office (ATO) has clarified its position on the capital gains tax (CGT) treatment of decentralized finance (DeFi) and the wrapping of crypto tokens, emphasizing its commitment to taxing Australians on capital gains during the wrapping…
Key Takeaways Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday, allowing the state to retain custody of unclaimed digital assets like crypto in their native form. The bill, sponsored by House Commerce Committee Chair Jeff Weninger,…
Key Takeaways A proposal to make Texas the first state in the nation to formally hold Bitcoin as a strategic reserve asset is now just one vote away from becoming law. On May 7, the House Committee on Government Efficiency…
Key Takeaways A new draft bill released by House Republicans on May 5 proposes a sweeping overhaul of digital assets regulation in the United States. Titled as a discussion draft for public feedback, the proposal seeks to draw definitive lines…
Key Takeaways Two bills aimed at permitting public funds in Florida to invest in Bitcoin have been indefinitely shelved, following the adjournment of the state’s 2025 legislative session on May 2. House Bill 487 and Senate Bill 550, both introduced…
Key Takeaways The Kyrgyz Republic has signed a new agreement with Binance to expand its presence in the digital asset sector. The Memorandum of Understanding (MoU) was signed between Binance and the National Agency for Investments under the President of…
Key Takeaways The Maldives government has signed a $9 billion agreement with MBS Global Investments, a Dubai-based firm, to construct a blockchain-focused financial district in the country’s capital, Malé. The centerpiece of the project is the proposed Maldives International Financial…
Key Takeaways The United States has formally moved to block Cambodia-based Huione Group from accessing the American financial system, citing its alleged role in laundering billions of dollars through crypto for North Korean hackers and transnational scam networks. The move,…
Key Takeaways A Texas lawmaker is calling on the federal government to install cryptocurrency ATMs in public buildings, framing the move as a step toward financial modernization amid the backdrop of increasing scrutiny for crypto kiosks. In a letter sent…
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