Quick Breakdown The Senate Finance Committee will hold a hearing on crypto taxes on Wednesday, led by Chairman Mike Crapo. Witnesses include Coinbase’s Lawrence Zlatkin, Coin Centre’s Jason Somensatto, and other tax experts. Senator Cynthia Lummis is pushing to...
Quick Breakdown Mandatory Licensing: Digital asset platforms must secure an Australian Financial Services License and meet conduct standards. Heavy Penalties: Breaches could cost up to 10% of annual turnover or A$16.5 million. Global Alignment: The framework mirrors EU, Singapore,...
Quick Breakdown: Vietnam’s crypto market sees $100B in annual trading volume from 17M users, mostly on offshore exchanges like Binance and Bybit. New Law on Digital Technology Industry requires exchanges to obtain domestic licenses and offer Vietnamese dong trading...
Quick Breakdown FCA has cut crypto registration timelines from 17 months to about 5, boosting approval rates to 45%. By 2026, UK plans to fully regulate crypto firms under banking-style rules. UK and U.S. are in talks on joint...
Quick Breakdown OKX developed a decentralized perpetuals exchange in 2023 but did not launch it due to regulatory risks. Hyperliquid and Aster have since risen as leaders in onchain perpetuals trading. U.S. enforcement actions against Deridex, Opyn, and ZeroEx...
Quick Breakdown: SEC approves streamlined listing standards for crypto-linked Commodity-Based Trust Shares. Exchanges gain the ability to list spot digital asset products without prior rule-change filings. Grayscale Digital Large Cap Fund and Bitcoin ETF index options receive approval. The...
Quick Breakdown: Supreme Court ruling (Harper v. Faulkender, 2025): Confirmed the IRS’s power to use broad “John Doe” summonses for crypto, applying the third-party doctrine to blockchains. The decision raises questions about Fourth Amendment protections for wallets, exchanges, and...
Quick Breakdown: India plans to implement the OECD’s CARF by April 2027, requiring detailed reporting of crypto transactions to improve transparency, reduce tax evasion, and align with international regulations. Indian and global platforms serving Indian users will face stricter...
Quick Breakdown: Fraud fears, legal liability, and regulatory ambiguity are the main reasons UK banks are increasingly enforcing banking restrictions that result in blocked transactions to crypto exchanges. This trend is causing widespread frustration among retail traders, with many...
Quick Breakdown: Hong Kong and Singapore launch regulated token corridor for cross-border settlements. Framework integrates licensed stablecoins, tokenized deposits, and wholesale CBDCs. Initiative sets precedent for global corridors across Asia, Europe, and the Americas. Hong Kong and Singapore are...
