The Indonesian government plans to raise taxes on cryptocurrency transactions, effective immediately starting from August 1. The new law will apply to overseas exchanges, domestic exchanges and more. Summary Starting in August, Indonesia will raise its overseas exchange transaction tax from 0.2% to 1%. Meanwhile, domestic exchanges get a 0.1% hike. Crypto buyers will no…
Senator Lummis is dragging federal housing agencies into the 21st century with a bill that mandates crypto be recognized in mortgage approvals. The move challenges decades-old lending rules, potentially opening doors for young buyers, but critics warn it could destabilize the system. Summary Senator Cynthia Lummis introduced a bill requiring Fannie Mae and Freddie Mac…
Hong Kong’s decision to hold off on stablecoin licensing until 2025, as the regulatory regime prepares for Gazette publication on August 1, signals caution over rapid adoption. But is this a strategic pause or a bottleneck for crypto’s next frontier? Summary Hong Kong will not issue stablecoin licenses in 2025, despite finalizing a regulatory framework…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The global stablecoin landscape is currently dominated by tokens pegged to the U.S. dollar. As the global reserve currency and one of the primary trade currencies, this has had immediate benefits as…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On the heels of July 4th celebrations, last Friday, July 18, President Donald Trump signed the GENIUS Act into law, making it the first federal law to regulate stablecoins. Approved by Congress…
Introduction Cloud mining has become one of the easiest ways to earn Bitcoin and other cryptocurrencies without investing in expensive hardware or dealing with maintenance. However, the industry is also plagued by scams, with infamous cases like BitClub Network leaving investors empty-handed. So, how do you find a legitimate cloud mining platform in 2025? After testing 10+…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s no secret: The worldwide debt is rising. The Institute of International Finance reported that global debt reached $324 trillion in the first quarter of 2025. This raises a growing fiscal concern,…
Can the push for in-kind design solve the operational mismatches that have long kept Bitcoin ETFs from functioning like the traditional funds they aim to replicate? Summary In late July, five major ETF providers including Fidelity, Ark 21Shares, and VanEck submitted filings to shift their Bitcoin and Ethereum ETFs from a cash-only model to in-kind…
Ethena Labs has partnered with Anchorage Digital, a federally chartered crypto bank, to issue USDtb as the first stablecoin to comply with the United States’ recently enacted stablecoin law, the GENIUS Act. Summary Ethena Labs and Anchorage Digital want to transition USDtb into a stablecon regulated in the United States. USDtb is a stablecoin that…
Ghana is planning to license crypto platforms in an attempt to capture revenue from the growing web3 and provide regulatory clarity for digital assets. How much impact will it make? Summary The central bank is finalizing a legal framework that would regulate digital asset firms. Many companies and economic actors in Ghana have already started…
