Bitget Japan is shutting down crypto trading services for residents of the country as the exchange says it works to comply with local regulations. In a Monday announcement, Bitget said it had already stopped accepting new registrations from Japanese residents…
What does Circle charter mean for USDC oversight now?
Circle said Friday that it secured a limited purpose trust charter from the New York Department of Financial Services, adding another state authorization for the company behind USDC. The Circle charter gives the firm legal authority to provide fiduciary, custody…
XRP Ledger upgrade restores previously pulled features
The next XRP Ledger upgrade is expected to put five amendments in front of validators through the xrpld 3.3.0 release, according to RippleX head of product Jazzi Cooper. Two of those amendments, Batch and Permission Delegation, are revised versions of…
Will the CLARITY Act pass before the August recess?
The CLARITY Act is entering another pivotal weekend in Washington as lawmakers continue negotiations over ethics provisions and race toward the Senate’s August recess. Supporters are watching a narrowing window after prediction markets sharply reduced the chances of the bill…
Did Iran’s bitcoin insurance trigger U.S. sanctions?
The U.S. Treasury has sanctioned two Iranian firms connected to a maritime operation that accepted digital-asset payments from vessels transiting the Strait of Hormuz. Officials described the arrangement as an extortion scheme rather than conventional insurance, saying commercial ships were…
Korea crypto tax set to begin on Jan. 1, 2027 as planned
Korea crypto tax plans are moving back into focus as the government says it intends to begin taxing cryptocurrency gains on Jan. 1, 2027. Under the current framework, annual gains above 2.5 million won, or about $1,740, would be taxed…
Will Binance.US markets secure a CFTC license in August?
Binance.US markets are moving into focus after CEO Steve Gregory said the exchange plans to apply for a Designated Contract Market license with the US Commodity Futures Trading Commission in August. Gregory made the comments at the Rare Evo blockchain…
Clarity Act delays could trigger new SEC crypto rules
SEC Chair Paul Atkins said the agency is prepared to write crypto market rules itself if the Clarity Act does not make it through Congress, even as he argued that legislation remains the stronger solution. In remarks to CNBC, Atkins…
Morgan Stanley crypto launches ether and solana ETPs
Morgan Stanley crypto offerings expanded again as the firm introduced exchange-traded products tied to ether and solana only a few months after launching its spot bitcoin fund. The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust are expected to…
Hungary crypto rules ease following MiCA authorization
Hungary crypto policy moved in a less restrictive direction after parliament repealed a validator requirement for certain conversions and CoinCash secured authorization under the European Union’s Markets in Crypto-Assets framework. The repeal removes an additional transaction-level approval step that had…