New York City Mayor Zohran Mamdani said Monday that he does not own cryptocurrency and has no plans to invest in digital assets, distancing himself from crypto-related initiatives promoted by his predecessor. Speaking to the […]
Dubai’s financial regulator has banned privacy tokens across the DIFC from Jan. 12. Stablecoins must now be fiat-pegged and backed by high-quality, liquid assets. Algorithmic stablecoins like Ethena are excluded from the stablecoin category. Dubai’s […]
India’s Financial Intelligence Unit (FIU), a regulatory agency that sets anti-money laundering and know-your-customer regulations, issued new guidelines tightening rules for onboarding users to crypto platforms. The new rules force regulated crypto exchanges to verify […]
RWA projects are treated as illegal fundraising, securities, or futures activities under existing law. Hong Kong-linked and offshore structures with mainland staff are explicitly targeted. Liability extends to the full Web3 service chain, not just […]
Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset […]
Wyoming has launched FRNT, the first stablecoin issued and backed by a US state government. The dollar-pegged token is fully backed by cash and Treasuries and managed by Franklin Templeton. Interest from reserves is directed […]
With a markup event on legislation to address digital asset market structure scheduled for next week, representatives from cryptocurrency companies are expected to fly into Washington, D.C., and some will engage with lawmakers on the […]
The proposal would let regulators suspend transactions before gains are laundered or moved. Authorities want to extend stock market-style enforcement tools to crypto trading. Recent actions by tax and financial regulators show tighter alignment with […]
Two major cryptocurrency exchanges have contributed more than $21 million to a political action committee (PAC) supporting US President Donald Trump. In a Friday filing with the Federal Election Commission, the MAGA Inc. Super PAC […]
Crypto billionaires are threatening to leave the state of California after a prominent trade union proposed a 5% assets tax on residents worth more than $1 billion. The Service Employees International Union-United Healthcare Workers West […]
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