The movement to incorporate Bitcoin into state-level financial strategies is gaining momentum, with Kentucky and Maryland becoming the latest states to consider legislation that would allow investment in digital assets. These bipartisan efforts reflect a growing interest in Bitcoin as a potential reserve asset and a recognition of its potential

Florida is taking steps towards potentially becoming a major state-level investor in Bitcoin. Republican Senator Joe Gruters filed a bill on Friday that would allow the state's Chief Financial Officer (CFO) to invest public funds in Bitcoin and other cryptocurrencies, a move that could significantly impact the digital

The U.S. Securities and Exchange Commission (SEC) has once again extended its timeline for deciding on a key aspect of BlackRock's iShares Ethereum Trust. The agency announced on Friday that it will delay its decision on whether to allow options trading on the spot Ethereum exchange-traded fund

U.S. lawmakers are taking another shot at regulating stablecoins, with House Financial Services Committee Republican Chair French Hill, alongside Rep. Bryan Steil, releasing a new draft bill on Thursday. This latest effort builds upon years of work in the House and seeks feedback from consumers, issuers, and stakeholders, signaling

The U.S. Securities and Exchange Commission (SEC) has taken a significant step forward in considering a spot Solana exchange-traded fund (ETF), acknowledging a proposal from Grayscale Investments and opening it up for public comment. This move, which follows a similar action regarding Grayscale's Litecoin trust, signals a

The Czech Republic is making a significant move to encourage long-term cryptocurrency investment. President Petr Pavel has signed a bill into law that exempts Bitcoin and other cryptocurrencies held for more than three years from capital gains tax. This landmark legislation, coupled with recent proposals to diversify the national bank&

In a notable shift in its strategy toward the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has reassigned Jorge Tenreiro, its top crypto litigator, along with another senior lawyer involved in developing controversial accounting guidance. The move, announced last week, comes as the agency pivots from aggressive

In a recent joint press conference in Washington, DC, David Sacks—President Trump’s newly appointed crypto czar—detailed a broad pro-crypto agenda for the new administration. Sacks revealed that assessing the feasibility of including bitcoin as a reserve asset in a proposed U.S. sovereign wealth fund is among

Hong Kong's Securities and Futures Commission (SFC) is planning to significantly expand its team dedicated to cryptocurrency regulation, reflecting the region's ongoing efforts to establish itself as a major crypto hub. The proposed increase in staffing comes as part of the SFC's budget plan

President Donald Trump took a decisive step toward reshaping America’s economic strategy by signing an executive action on Monday that directs officials to create a sovereign wealth fund for the United States. Speaking from the Oval Office, Trump expressed his optimism: “We have tremendous potential.” The new directive places

The U.S. Commodity Futures Trading Commission (CFTC) is taking a closer look at Super Bowl-related betting contracts offered by Crypto.com and Kalshi Inc., two prominent players in the digital asset space. The regulator is examining whether these "event contracts," which allow traders to wager on the

Russia is tightening its grip on the cryptocurrency mining industry with plans to create a mandatory registry for all mining equipment. This move, announced by the Ministry of Energy, aims to enhance oversight of domestic mining activities and comes alongside the introduction of a new tax reporting system for crypto

The U.S. Federal Reserve announced on Thursday that it is maintaining its benchmark federal funds rate within the range of 4.25% to 4.50%, marking the first pause in rate adjustments since September of last year. This decision comes as the central bank acknowledges that while the unemployment

Cryptocurrency exchange Crypto.com has announced it will suspend certain stablecoin and staking services in Europe starting January 31, 2025, due to the European Union's Markets in Crypto-Assets (MiCA) regulation. This move affects services related to Tether (USDT), PayPal USD, Pax Dollar, Crypto.com Staked ETH, and Crypto.

Coinbase, a leading cryptocurrency exchange, has bolstered its Global Advisory Council by adding four distinguished figures from the political and financial sectors. This strategic move underscores Coinbase’s commitment to navigating the evolving landscape of cryptocurrency regulation and policymaking. The newly appointed members include former Senator Kyrsten Sinema, Chris LaCivita—

Arizona has taken a significant step towards potentially becoming the first U.S. state to invest public funds in Bitcoin. The state's Senate Finance Committee approved a bill proposing the creation of a strategic Bitcoin reserve, signaling a growing interest in cryptocurrencies at the state government level. A

The U.S. Senate has officially confirmed Scott Bessent as the new Treasury Secretary, succeeding Janet Yellen. The confirmation vote took place on Monday, with 68 senators voting in favor of Bessent against 29 opposition votes. Appointed by President Donald Trump, Bessent is recognized for his strong advocacy of cryptocurrency

Cryptocurrency exchange KuCoin has agreed to pay nearly $300 million in fines and forfeitures after pleading guilty to operating an unlicensed money transmitting business in the United States. The plea deal, entered by one of KuCoin's operating entities, Peken Global Ltd., resolves a criminal case and follows a

The U.S. Commodity Futures Trading Commission (CFTC) is signaling a fresh approach to cryptocurrency regulation under its new Acting Chair, Caroline Pham. In a significant move, Pham has announced a series of public roundtable discussions focused on digital assets, prediction markets, and innovation in market structure, suggesting a more

U.S. Senator Elizabeth Warren and Representative Jake Auchincloss have formally expressed their concerns regarding the newly launched TRUMP and MELANIA meme coins by President Donald Trump and First Lady Melania Trump. In a letter addressed to key federal regulators—including the Securities and Exchange Commission (SEC), Commodity Futures Trading

The introduction of President Donald Trump’s memecoin, TRUMP, has ignited a heated debate within the U.S. political and cryptocurrency communities. While David Sacks, the White House’s first-ever AI and Crypto Czar, downplays concerns, members of Congress argue that the token represents a significant conflict of interest. David

The U.S. Commodity Futures Trading Commission (CFTC) is undergoing a significant leadership shakeup, signaling a potential shift in the agency's approach to cryptocurrencies. Acting Chair Caroline Pham, recently appointed by the incoming administration, has named Harry Jung as Acting Chief of Staff, tasking him with leading the

Hong Kong's Legislative Council is actively discussing a new bill aimed at regulating stablecoins, a crucial step in the region's ambitious plan to become a leading global hub for the cryptocurrency industry. The proposed legislation, which had its first reading in December, outlines licensing requirements for