Regulation

Illinois Crypto Tax Draws Sharp Warning From CFTC Chair Over Chicago’s Financial Future

A newly approved Illinois tax on digital asset transactions is facing growing criticism after Commodity Futures Trading Commission Chairman Michael Selig warned that the...

Brazil Tightens Crypto Oversight With New Capital Rules for Exchanges

Brazil is moving ahead with a stricter regulatory framework for cryptocurrency exchanges by introducing new capital requirements that will reshape how digital asset service...

Taiwan Advances Crypto Regulation With New VASP and Stablecoin Framework

Taiwan has taken a major step toward strengthening oversight of its cryptocurrency industry after lawmakers approved a comprehensive legal framework governing virtual asset service...

MiCA Shake-Up Leaves Five EU States Without a Single Licensed Crypto Firm

The European Union's sweeping Markets in Crypto-Assets, or MiCA, regulation is reshaping the region's digital asset industry as the final compliance deadline takes effect....

UK Finalizes Comprehensive Crypto Rulebook as FCA Tightens Industry Oversight

The United Kingdom has finalized a sweeping regulatory framework for the cryptocurrency industry, marking one of the most comprehensive national crypto rulebooks introduced by...

White House Engages Law Enforcement as Push for Crypto Clarity Act Intensifies

The White House is stepping up efforts to secure support for the Digital Asset Market Clarity Act by holding discussions with law enforcement organizations...

US Senate Approves Bill to Block Federal Reserve CBDC Until 2030

The U.S. Senate has approved a major bill that would prevent the Federal Reserve from issuing a central bank digital currency, or CBDC, until...

India’s Crypto Industry Faces Scrutiny in $290 Million FEMA Investigation

India’s Enforcement Directorate (ED) has intensified its scrutiny of the cryptocurrency sector by conducting searches at six locations in Bengaluru as part of a...

Illinois Approves First Statewide Crypto Transaction Tax, Industry Raises Concerns

Illinois has become the first U.S. state to introduce a broad tax on digital asset transactions after Governor J.B. Pritzker signed Senate Bill 3019...

Senate Banking Committee Advances Crypto CLARITY Act in Major Bipartisan Breakthrough

The U.S. Senate Banking Committee has moved the Digital Asset Market CLARITY Act one step closer to becoming law after approving the bill in...

CLARITY Act Heads to May 14 Markup as U.S. Crypto Rules Face Key Test

Senate Panel Prepares for Crypto Bill Vote The U.S. Senate Banking Committee plans to review the Digital Asset Market CLARITY Act on Thursday, May 14....

Israel Approves First Shekel-Pegged Stablecoin in Digital Asset Push

Israel Moves Toward Regulated Stablecoins Israel has approved the limited launch of BILS, its first stablecoin tied to the New Israeli Shekel. The move marks...