Key Takeaways Senator Adam Schiff introduced new legislation Monday aimed at preventing U.S. presidents and other top federal officials from leveraging their positions for personal gain through digital asset ventures. The bill, dubbed the Curbing Officials’ Income and Nondisclosure (COIN)…
Key Takeaways In a historic move, the United States Federal Reserve has formally announced it will no longer use “reputational risk” as a factor in evaluating the conduct and supervision of banks under its jurisdiction. The decision is expected to…
Key Takeaways Thailand’s Securities and Exchange Commission (SEC) has initiated a public consultation on proposed amendments to the rules governing the listing of digital assets on licensed crypto exchanges. The consultation, which opened in June, will remain active until July…
Key Takeaways The Republic of Nauru has enacted a new law establishing the Command Ridge Virtual Asset Authority (CRVAA), making it the first Pacific Island nation to launch an autonomous regulator focused on virtual assets, digital banking, and Web3 activities.…
Key Takeaways Spokane, Washington, has enacted a citywide ban on cryptocurrency ATMs, becoming the first jurisdiction in the state to do so. The decision follows a unanimous vote by the Spokane City Council on Monday, citing an alarming rise in…
Key Takeaways Two leading cryptocurrency exchanges, Gemini and Coinbase, are nearing approval to operate across the European Union under the bloc’s new Markets in Crypto-Assets (MiCA) framework, according to a Reuters report. Gemini is reportedly finalizing its licensing process through…
Key Takeaways Vietnam has taken a decisive step into the digital age by passing a comprehensive Law on Digital Technology, which formally acknowledges Bitcoin and other crypto as legitimate digital assets. This landmark legislation, approved by the National Assembly, will…
Key Takeaways Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly requested the release of $125 million from an escrow account to finalise a long-running legal dispute, but their proposal hit a roadblock Thursday as a federal…
Key Takeaways DeFi Development Corp, a Nasdaq-listed firm formerly known as Janover, has withdrawn its ambitious $1 billion securities offering after the U.S. Securities and Exchange Commission (SEC) ruled its filing ineligible due to missing compliance documentation. The capital raise,…
Key Takeaways In a landmark development for the U.S. crypto industry, the Digital Asset Market Clarity Act—known as the CLARITY Act—has successfully passed through two critical House committees and will now advance to the full House of Representatives for consideration.…
