Crypto Industry Wins Key Tax Clarity as IRS Sanctions Staking for ETPs
In a significant win for the digital asset industry, the IRS has issued guidance creating a safe harbor for crypto staking within exchange-traded products (ETPs).
CFTC’s Pham Leverages Existing Authority to Bring Spot Crypto to DCMs, Reshaping Market Structure
Acting CFTC Chair Caroline Pham is initiating a fundamental change in US crypto market structure.
As EU Forges Compromise on Digital Euro, Italian Banks Offer Cautious, Cost-Conscious Backing
Following a key political agreement among EU finance ministers on the digital euro’s framework, Italy’s banking sector has offered cautious support for the project.
Ledger’s New York Ambitions Signal Next Growth Phase for Crypto Security
Ledger is strategically positioning itself for a new phase of growth, with a capital raise planned for next year that could include a New York IPO.
JPMorgan Predicts $170K as Volatility Eases
JPMorgan is forecasting a dramatic rise for Bitcoin to $170,000, contingent on the cryptocurrency becoming less volatile compared to gold.
Irish Regulator Sanctions Coinbase Europe with Reprimand and €21.5M Fine for Pervasive AML Control Deficiencies
The Central Bank of Ireland has publicly reprimanded and fined Coinbase Europe Limited €21,464,734 for fundamental failures in its anti-money laundering framework.
Japan’s Biggest Banks to Test Common Stablecoin with Regulator’s Blessing
In a powerful show of unity, Japan’s three banking giants—Mizuho, MUFG, and SMBC—are collaborating on a shared stablecoin project with the full support of the national financial regulator.
