UK Parliament Grants Crypto Formal Property Status
Cryptoassets have been formally recognized as property in the UK under a new law.
High-Leverage ETF Plans Challenged by SEC Letters
Plans for new leveraged exchange-traded funds have encountered regulatory resistance.
Binance Installs Co-Founder as Co-CEO, Strengthening Executive Bench
The cryptocurrency exchange Binance has strengthened its leadership by naming co-founder Yi He as co-CEO, creating a formal partnership at the helm with current CEO Richard Teng.
Kraken Moves to Acquire Backed Finance in Pre-IPO Tokenization Play
Kraken is set to acquire Backed Finance as part of a major push into asset tokenization. This strategic purchase strengthens Kraken’s hold on a fast-growing niche as it prepares for an anticipated initial public offering in 2026.
Royal Assent Sees UK Lead on Crypto Property Law
The UK has taken a pioneering step by writing digital asset property rights into statute law.
Japan Set to Cap Crypto Taxation at 20%, Ending “Miscellaneous Income” Status
The Japanese government is backing a legislative plan to cap the tax on cryptocurrency profits at 20%, finally moving digital assets out of the “miscellaneous income” category.
South Korean Ruling Party Demands Stablecoin Plan, Floats Consortium Model
South Korea’s ruling party has drawn a line in the sand, ordering the Financial Services Commission to deliver a stablecoin regulatory plan by December 10.
