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Browsing Category
Regulations
New York considers taxing crypto to support upstate schools
Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions.The proposal, introduced in the state’s Assembly on Aug. 13, seeks to apply a 0.2% excise tax on the sale or transfer of digital assets like…
Hong Kong regulators warn against hype-driven stablecoin market swings
Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans…
Canary Capital register TRUMP memecoin ETF in Delaware in latest altcoin bet
Canary Capital has registered a Trump Coin ETF in Delaware, a move that signals plans to launch a spot exchange-traded fund (ETF) tracking the memecoin.The entity, “Canary Trump Coin ETF,” was incorporated on Aug. 13, according to state…
Google Play Store bans crypto wallets in 15 jurisdictions, requires new licensing compliance
Google Play Store introduced licensing requirements for cryptocurrency wallet applications across 15 jurisdictions, including the US and the EU.According to a report by the Rage, developers must obtain regulatory approvals before…
a16z and DeFi Education Fund push SEC for safe harbor on dApp regulation
Andreessen Horowitz (a16z) and the DeFi Education Fund have urged the US Securities and Exchange Commission (SEC) to create a “Safe Harbor” program for decentralized application (dApp) trading platforms.In an Aug. 12 letter to SEC…
TMTG moves closer to launching spot Bitcoin ETF with amended S-1 filing
Trump Media and Technology Group (TMTG) has filed its first amended registration statement with the Securities and Exchange Commission (SEC) for the Truth Social Bitcoin ETF, advancing plans to enter the fast-growing spot Bitcoin ETF…
Ripple’s RLUSD stablecoin hits $600M supply milestone in July
Ripple’s stablecoin RLUSD grew 32.3% in supply between June and July, surpassing $600 million.This was the second most significant growth in supply among stablecoins with over $500 million in supply growth, lagging only Ethena Labs’ USDe,…
NBU draws red line on crypto payments as Ukraine eyes October legalization
Ukraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender, per RBC Ukraine.National Bank of Ukraine (NBU) Governor Andriy Pyshnyy…
Hong Kong’s first HKD stablecoin race begins as Standard Chartered files early
Standard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for a license to issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory…
Trump signs executive order to end banking discrimination against crypto industry
President Donald Trump signed an executive order on Aug. 7 to halt what his administration called discriminatory banking practices against the crypto industry.The order bars federal regulators from using “reputational risk” as…
