Bitcoin trades flat near $118K as Fed holds rates steady
Bitcoin trades flat near $118K after the Fed holds rates between 4.25% and 4.5%, with September rate cut odds rising. The post Bitcoin trades flat near $118K as Fed holds…
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Bitcoin reserve plan missing from White House’s crypto report
The absence of a Bitcoin reserve plan in the report may delay U.S. leadership in digital assets, affecting market confidence and innovation. The post Bitcoin reserve plan missing from White…
Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August
Indonesia's tax changes may boost government revenue but could deter foreign crypto platforms, impacting market dynamics and user costs. The post Indonesia to double crypto transaction taxes, scrap VAT for…
DOJ clarifies it has no plans to prosecute Dragonfly over early Tornado Cash investment
The DOJ's stance may ease investor fears, but the case highlights potential chilling effects on blockchain and privacy tech investments. The post DOJ clarifies it has no plans to prosecute…
SEC Greenlights In-Kind Transactions for Crypto Exchange-Traded Products
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that “authorized participants” (APs) for crypto exchange-traded products (ETPs) can now execute in-kind transactions, in line with all other commodity-based…
SEC greenlights in-kind redemptions for Bitcoin and Ethereum ETFs
The SEC has approved in-kind creation and redemption for Bitcoin and Ethereum ETFs, aligning them with traditional commodity ETPs. The post SEC greenlights in-kind redemptions for Bitcoin and Ethereum ETFs…
US Senator Pushes Bill to Include Crypto in Mortgage Eligibility
A groundbreaking bill forces federal mortgage giants to recognize digital assets in loan decisions, unlocking homeownership for crypto holders without requiring conversion to cash. New Bill From Senator Lummis Puts…
Algeria bans all crypto activity; violators face up to one year in jail and $7,700 fines
Algeria's crypto ban may stifle innovation and deter tech-savvy youth, potentially hindering economic diversification and digital growth. The post Algeria bans all crypto activity; violators face up to one year…
Uruguay to Further Clarify the Legal Status of Bitcoin in New Regulation
The Central Bank of Uruguay has hinted at the possibility of declaring bitcoin a “non-financial virtual asset,” potentially securing an easier compliance path for virtual asset service providers. Stablecoins, on…
SEC delays Grayscale’s Solana ETF as Invesco Galaxy enters with rival filing
The SEC extended review of Grayscales Solana ETF to October 10 as Invesco Galaxy files a competing Solana ETF proposal. The post SEC delays Grayscale’s Solana ETF as Invesco Galaxy…
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