BITPRISMIA
South Korea's Gangnam District seized 210 million won in unpaid crypto taxes, marking a significant step in enforcing tax compliance on virtual assets and setting a precedent for digital asset accountability.
The Tornado Cash trial involving co-founder Roman Storm is a pivotal case that could shape the future of DeFi and digital privacy, as it addresses developer liability and the use of privacy tools in crypto.
The US Stablecoin Bill, known as the Genius Act, has passed in the US House of Representatives, aiming to establish a comprehensive regulatory framework for stablecoins to provide clarity and foster innovation in the digital asset market.
The U.S. Congress is advancing key cryptocurrency legislation, including the GENIUS Act for stablecoin regulation and the Clarity Act for broader crypto market oversight, while also debating a potential CBDC ban.