Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Despite the wave of attention RWAs have received over the past couple of years, there’s a sense that everyone is waiting for something to shift. The problem is that many “tokenized” assets…
Some Members of Parliament in the United Kingdom, led by the chairman of the Joint Committee on National Security Strategy, Matt Western, are pushing for a temporary ban on political crypto donations due to concerns over foreign interference. Summary UK MPs have proposed a temporary moratorium on crypto donations to political parties until the Electoral…
Bitcoin Depot has been implementing a new requirement across its crypto ATM network in the United States, and now requires users to provide identification for every transaction. Summary Bitcoin Depot now requires identification for every transaction across its U.S. crypto ATM network. The rollout began in early February, with the company stating that continuous verification…
The Blockchain Association has proposed a set of crypto tax reforms after meeting with House Ways and Means Committee offices on Capitol Hill. Summary The Blockchain Association has proposed crypto tax reforms in a meeting with House Ways and Means Committee offices. The group called for staking rewards to be taxed only upon sale, alongside…
Chainlink’s deputy general counsel, Taylor Lindman, has joined the Securities and Exchange Commission’s Crypto Task Force to replace Michael Selig. Summary Taylor Lindman has joined the SEC’s Crypto Task Force as chief counsel, replacing Michael Selig. Lindman spent five years at Chainlink, where he led regulatory compliance and engaged with policymakers. Chainlink announced Lindman’s departure…
Global cryptocurrency platform Crypto.com has received conditional approval from the Office of the Comptroller of the Currency to launch a federally regulated trust bank in the United States. Summary Crypto.com received conditional approval from the OCC to form a national trust bank focused on digital asset custody. The bank will offer regulated custody, staking, and…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If institutional activity feels like it has quietened down in the current crypto market, that’s a signal, not a red flag. The period of headline-driven adoption, such as overly hyped announcements, symbolic…
Missouri lawmakers have advanced a strategic Bitcoin reserve bill that would allow the state treasurer to “accept gifts, grants, donations, bequests, or devises of bitcoin from eligible Missouri residents or a governmental entity.” Summary Missouri’s HB 2080 would create a Bitcoin Strategic Reserve Fund funded primarily through donations. Bitcoin held in the fund must remain…
The Digital Chamber, a Washington-based blockchain advocacy group, has established a dedicated Prediction Markets Working Group that would lobby for federal oversight regarding prediction markets, which remain at the center of a jurisdictional tug-of-war across the United States. Summary The Digital Chamber has launched a Prediction Markets Working Group to assis the CFTC is related…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Today’s traditional banking system has become too comfortable in encouraging society to overshare while underdelivering on security guarantees. Never has a financial system demanded such a sacrifice of an individual’s personal data….
