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Hungary crypto policy moved in a less restrictive direction after parliament repealed a validator requirement for certain conversions and CoinCash secured authorization under the European Union’s Markets in Crypto-Assets framework.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…
Will South korean stablecoins face broader rules in 2027?
South korean stablecoins are at the center of a broader policy push as the Financial Services Commission reportedly prepares a consolidated Digital Asset Basic Act with the ruling Democratic Party. According to Edaily, the government-backed proposal would give lawmakers a…
Why are Wall Street giants now backing the Clarity Act?
Support for the Clarity Act grew over the past week as some of Wall Street’s largest firms publicly lined up behind the legislation. The bill would create a new U.S. regulatory framework for digital assets and reshape how the Securities…
Will Minnesota prediction ban stay blocked in federal court?
A US federal judge has paused enforcement of the Minnesota prediction ban against Kalshi and Polymarket US, allowing both platforms to keep operating in the state for now. The dispute centers on whether Minnesota can enforce a new restriction on…
Will Clarity Act miss the Senate vote before recess?
The Clarity Act has been pushed back in the U.S. Senate as leadership uses limited floor time on nominations and a Russia sanctions measure instead of the crypto market structure bill. Majority Leader John Thune began work on nominees and…
BitMart shutdown ends all trading services by August 26
The BitMart shutdown will bring the exchange’s trading services to an end on Aug. 26, followed by the complete closure of the platform on Jan. 31, 2027. In a notice published Sunday, the company said it reached the decision after…