Japanese financial giant SBI Holdings has filed proposals for exchange-traded funds (ETFs) tracking Bitcoin and XRP, aiming to mainstream cryptocurrency investments within the country. This initiative leverages SBI’s strategic alliance with Ripple and aligns with Japan’s established regulatory framework for… Read More »SBI Holdings Proposes Bitcoin and XRP ETFs in Japan, Explores Gold-Backed Product
The landmark trial against Tornado Cash co-founder Roman Storm has reached a critical phase as jury deliberations stalled and prompted an Allen Charge instruction from the presiding judge. Storm faces charges of laundering over $1 billion in illicit funds through… Read More »Tornado Cash Trial Deliberations Hit Jury Deadlock, Raising Critical Questions on Crypto Developer Liability
The Commodity Futures Trading Commission (CFTC) has initiated its Crypto Sprint program, a strategic push to implement pivotal cryptocurrency regulations aimed at solidifying U.S. leadership in digital asset markets. This accelerated regulatory effort prioritizes two core objectives: clarifying individual rights… Read More »CFTC Launches Crypto Sprint to Fast-Track U.S. Digital Asset Regulations
Indonesia has witnessed a substantial surge in tax revenue derived from cryptocurrency transactions, reaching 62 billion rupiah this year. This significant increase marks a jump from the 22 billion rupiah collected the previous year. The growth is attributed to recent… Read More »Indonesia’s Cryptocurrency Tax Revenue Skyrockets to 62 Billion Rupiah Amid Regulatory Overhaul
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory changes for spot Bitcoin and Ethereum exchange-traded funds (ETFs), enhancing flexibility and integration for cryptocurrency investment vehicles. Key among the approvals is the authorization of in-kind redemptions for spot… Read More »SEC Approves In-Kind Redemptions and Expands Options Trading for Spot Bitcoin and Ethereum ETFs
Asset management firm Invesco Galaxy has formally filed with the U.S. Securities and Exchange Commission to introduce a spot Solana exchange-traded fund (ETF). The proposed fund aims to trade on the Cboe BZX exchange and would provide U.S. investors with… Read More »Invesco Galaxy Seeks SEC Approval for Spot Solana ETF on Cboe BZX Exchange
Indonesia has enacted comprehensive reforms to its cryptocurrency taxation system, significantly increasing offshore transaction fees and doubling mining levies to regulate its $39.67 billion digital asset market. The changes aim to simplify local investor onboarding while strengthening oversight of the… Read More »Indonesia Implements Sweeping Crypto Tax Overhaul with Higher Levies
The Crypto Innovation Committee (CCI) has named Ji Hun Kim as its Chief Executive Officer, leveraging his extensive background from cryptocurrency exchanges Gemini and Kraken to guide the organization’s regulatory advisory efforts. Kim previously served as CCI’s Chief Legal and… Read More »Ji Hun Kim Appointed CEO of Crypto Innovation Committee to Steer Digital Asset Policy
Major altcoins including Ethereum, XRP, and Dogecoin are driving a significant market rally, demonstrating strong institutional support and bolstered by bullish technical indicators alongside regulatory developments. Ethereum surged 25.7% over the weekly period, nearing $3,843 amid heightened investor interest. Spot… Read More »Ethereum, XRP, and Dogecoin Lead Major Altcoin Rally with Institutional Backing
The U.S. Securities and Exchange Commission has formally acknowledged applications from Truth Social for spot Bitcoin and Ether exchange-traded funds. This procedural step initiates official regulatory consideration of the social media platform’s entry into cryptocurrency investment products, representing a notable… Read More »SEC Recognizes Truth Social’s Spot Bitcoin and Ether ETF Filings Amid Regulatory Scrutiny
The U.S. Securities and Exchange Commission has approved Grayscale’s conversion of its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund’s portfolio features significant exposure to Bitcoin (80.2%) and Ether (11.3%), supplemented by allocations to Solana, XRP, and Cardano.… Read More »SEC Greenlights Grayscale Digital Large-Cap Fund ETF Conversion
The U.S. Securities and Exchange Commission (SEC) has granted approval for Grayscale Investments’ Digital Large Cap Fund (GDLC) to operate as an Exchange-Traded Fund (ETF). This landmark endorsement signifies a major advancement for the regulated management of crypto assets, providing… Read More »Grayscale’s Diversified Crypto Fund Secures SEC ETF Approval
Cryptocurrency industry-aligned political action committees (PACs) are actively shaping U.S. electoral outcomes by strategically funding candidates supportive of digital asset policies. Protect Progress PAC, an affiliate entity of Fairshake PAC, invested over $1 million in media buys supporting James Walkinshaw… Read More »Crypto-Backed PACs Fund Pro-Digital Asset Candidates in Bid to Reshape U.S. Elections
Connecticut has enacted legislation prohibiting state and local government investments in digital assets. House Bill 7082, signed into law, explicitly bars Connecticut state entities from allocating funds to cryptocurrencies. The law represents a cautious regulatory approach towards digital assets. It… Read More »Connecticut Bans State Cryptocurrency Investment As Legislators Adopt Restrictive Stance
Vanadi Coffee has announced plans to invest up to €1 billion in Bitcoin, marking a strategic pivot toward cryptocurrency-centric treasury management inspired by MicroStrategy’s approach. The coffee company aims to transform its financial reserves through Bitcoin accumulation despite facing Spain’s… Read More »Vanadi Coffee Plans €1 Billion Bitcoin Treasury Shift Amid Regulatory Headwinds
Purpose Investments has received final regulatory clearance from the Ontario Securities Commission (OSC) to launch the Purpose XRP ETF on the Toronto Stock Exchange. The approval enables the ETF to commence trading starting June 18, providing investors with a regulated… Read More »Purpose Investments Secures OSC Approval for XRP ETF Launch on Toronto Stock Exchange
Coinbase’s latest research report identifies three key drivers behind Bitcoin’s sustained upward trajectory: improving macroeconomic conditions, growing corporate adoption, and advancing regulatory frameworks. The analysis highlights reduced U.S. recession risks and stabilizing economic growth as critical factors boosting investor confidence… Read More »Coinbase Report: Bitcoin Bull Run Fueled by Macro Recovery, Corporate Adoption and Regulatory Progress
The Bank of Korea Governor, Lee Chang-yong, has initiated discussions on potential regulatory changes concerning Korean won-backed stablecoins. This move signals a significant step in advancing South Korea’s digital currency strategy. The core objective is to bolster domestic digital asset… Read More »South Korea Explores Regulatory Shift for Won-Backed Stablecoins