Utah is on the verge of making history as the first U.S. state to hold Bitcoin as a reserve asset. The state’s proposed “Blockchain and Digital Innovation Amendments” (HB230) bill successfully passed the Senate Revenue and Taxation Committee on...
Montana is now the fourth U.S. state to advance its Bitcoin Reserve bill beyond the introduction phase. House Bill 429, sponsored by Representative Curtis Schomer and introduced on February 7, 2025, is currently up for a floor vote in...
South Korea’s Supreme Court has ruled that the collapsed stablecoin TerraClassicUSD (USTC) and its sister token Terra (LUNA) do not qualify as financial investment products. According to a local news outlet Etoday, the court gave the ruling as it...
OKX has received one of the first MiCA (Markets in Crypto-Assets) licenses, allowing it to extend its services to 28 European Economic Area (EEA) countries. This regulatory approval, which follows OKX's receipt of the MiCA license on January 27...
The European Securities and Markets Authority (ESMA) has proposed new guidelines to assess the competence of crypto-asset service providers' staff across the European Union. On February 17, 2025, the regulator published a consultation paper outlining proposed rules aimed at...
Australian Transaction Reports and Analysis Centre (AUSTRAC) is increasing its enforcement actions against non-compliance in Australia's digital currency exchange sector after addressing issues with remittance services and crypto providers. The agency has targeted 13 digital currency exchanges, with over...
Straits Millennium Pte Ltd, a subsidiary of Straits Financial Group, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license enables the company to provide digital payment token (DPT)...
Michigan has become the 20th U.S. state to explore a digital currency-backed reserve with the introduction of House Bill 4087. Sponsored by Representatives Bryan Posthumus and Ron Robinson on February 13, the bill proposes allowing the state treasurer to...
Bitget has officially received regulatory approval to offer its crypto services in Bulgaria, marking another step in its European expansion. The crypto exchange announced today, February 14, 2025, that it has secured a Virtual Asset Service Provider (VASP) license...
Coinbase is reportedly working on re-entering the Indian market over a year after ceasing operations. According to a report from TechCrunch, the U.S. headquartered crypto exchange has initiated discussions with Indian authorities, including the Financial Intelligence Unit (FIU), to...
