The European Central Bank has opened a call for merchants to take part in a new digital euro pilot, marking another step in its preparation for a possible retail central bank digital currency launch. The 12-month test is due to…
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Why Did the US Crypto Tax Package Omit Reward Deferral?
A US House committee is set to consider a 114-page crypto tax package on Wednesday, but the measure does not include a provision that would have changed when miners and stakers pay tax on rewards. The Digital Asset Tax Certainty…
Will the Clarity Act Vote End Senate Crypto Efforts?
The Clarity Act moved to a decisive Senate test on Tuesday, but the bill did not advance after more than 40 Senators voted against it in an unofficial floor tally. The measure needed 60 votes to move ahead, making bipartisan…
What Do EU Wallet Rules Require After Security Exploits?
EU wallet rules are tightening reporting duties for cryptocurrency hardware and software wallet providers in the region. Under the European Union’s Cyber Resilience Act, companies must report actively exploited bugs or severe security vulnerabilities affecting their products within 24 hours…
What Does India Bond Tokenization Mean for Investors?
India bond tokenization has moved into a live pilot as the country begins issuing and settling corporate bonds as digital tokens in a market valued at $620 billion. The program, called Demat 2.0, was launched by the Securities and Exchange…
Will the Clarity Act limit state crypto fraud cases?
A new dispute over the Clarity Act is building as the U.S. Senate prepares to consider the crypto market structure bill. A bipartisan coalition of state attorneys general said lawmakers should not pass the measure without revisions that clearly preserve…
Will the Clarity Act Get a U.S. Senate Vote on Sept 15?
The Clarity Act is at the center of a highly uncertain stretch in Washington as the Senate returns with a September 15 vote on the schedule but no firm guarantee that it will actually happen. Crypto policy watchers are focused…
How Did Revolut Data Breach Expose 3 Customer Records?
The Revolut data breach involved sensitive customer records that were released after the company received fraudulent requests appearing to come from a government agency. According to the report, requests for customer information were sent from a legitimate government agency email…
Brazil crypto banks expand offerings under clearer rules
Brazil crypto banks are widening their retail token menus while keeping direct exposure off their own books. Itaú, Nubank, Banco do Brasil, Bradesco and Santander have expanded their crypto offerings since last year, following growth in the local market and…
Why did Standard Chartered UAE expand crypto trading?
Standard Chartered UAE has extended deliverable Bitcoin and Ether spot trading to institutional clients in the country, adding a new trading function to its existing digital asset services in the region. The launch was announced for September 3 and runs…