As the United States embarks on what has been dubbed “Crypto Week,” it becomes evident that this legislative push is more than mere policy tinkering; it is a fierce battle for control over the future of digital finance. The series of bills under review—namely the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State
Regulation
Despite the polarized political landscape and relentless criticism from mainstream media, a startling majority of US cryptocurrency investors are rallying behind Donald Trump’s approach to digital assets. Recent data from HarrisX reveals that over 70% of crypto investors approve of the Trump administration’s policies, an indication that ideology may be giving way to pragmatic support
The recent legislative effort spearheaded by Senator Cynthia Lummis signals an ambitious move to reshape how cryptocurrencies are taxed in America. With a comprehensive rewrite of internal tax code provisions, this bill aims to bring clarity to a murky legal domain that has left many traders, investors, and institutions in legal limbo. Its central promise—cutting
Ripple’s recent attempt to secure a national bank charter signals a daring strategic shift that could redefine stablecoin trustworthiness. By applying for this federal license through the OCC, Ripple aims to position RLUSD as a premium stablecoin with direct access to the Federal Reserve, a status that would set it apart from the majority of
South Korea’s decision to halt its central bank digital currency (CBDC) project reveals an uncomfortable truth about government-led innovation in the modern financial landscape. While the notion of a state-backed digital currency might seem to promise stability and control, it is, in reality, a misguided attempt to impose central authority on a rapidly decentralizing market.
The ongoing debate surrounding crypto taxation in the U.S. highlights a fundamental problem that continues to stifle the sector: double taxation on mining and staking rewards. Senator Cynthia Lummis recently proposed an amendment aiming to correct this injustice, but the depth of this issue goes far beyond a single legislative fix. Currently, miners and stakers
Despite the fanfare around increasing regulation in the crypto space, the latest revelations from the Financial Action Task Force (FATF) paint a much less optimistic picture. The reported improvements in enforcing the Travel Rule—intended to enhance transparency in digital asset transfers—are largely cosmetic. While 73% of surveyed jurisdictions have enacted relevant legislation, actual enforcement remains
Hong Kong’s recent release of its second policy statement concerning digital assets marks a significant stride toward establishing a robust financial innovation framework. Dubbed “Policy Statement 2.0,” this initiative, revealed on June 26, endeavors to enhance the original framework introduced back in October 2022. With growing global interest in cryptocurrencies and digital assets, Hong Kong’s
In an unprecedented directive, William J. Pulte, the Director of the Federal Housing Finance Agency (FHFA), recently mandated that Fannie Mae and Freddie Mac treat cryptocurrency reserves as qualifying assets in their mortgage risk assessments. This order, implemented on June 25, signals a major paradigm shift in how financial assets are viewed in a rapidly
The digital asset landscape is a complex and rapidly evolving sector, one that demands urgent and decisive legislative action. On June 23, the Senate Banking Committee, led by Chair Tim Scott and key senators, unveiled a seven-point framework aimed at clarifying the market structure for digital assets. The stakes have never been higher, as millions
