India's affluent investors are increasingly turning to cryptocurrency assets amid stagnation in conventional markets such as stocks, gold, and bonds. Over the last six months, high-net-worth individuals (HNIs) and family offices in India have begun allocating a portion of their portfolios to digital assets, according to Atul Ahluwalia, Vice-President of ...
Russia is preparing new legislation aimed at streamlining the process of confiscating digital assets. The proposed bill intends to clarify and enhance the legal framework for seizing cryptocurrencies and other digital property in criminal cases. This move reflects the government’s growing focus on regulating the digital asset space amid rising ...
The Ohio House of Representatives has introduced the Ohio Blockchain Basics Act, a bill designed to protect digital asset rights and prevent additional taxes on crypto payments. The legislation safeguards key activities such as self-custody, mining, and staking while exempting certain cryptocurrency transactions from money transmission licensing requirements. Introduced on ...
Utah has introduced an innovative bill to modernize state investments by permitting the treasurer to invest public funds in digital assets. The "Blockchain and Digital Innovation Amendments" (H.B. 230), presented by State Representative Jordan Teuscher, aims to position Utah as a leader in blockchain adoption while maintaining strict fiscal accountability. ...
Komainu, a regulated digital asset custodian backed by Laser Digital, has raised $75 million in a Series B funding round led by Blockstream Capital Partners. The funding aims to accelerate Komainu's global growth and integrate Blockstream’s technologies, which are pending regulatory approvals. Investing in Bitcoin while employing hedging mechanisms allows ...
Tom Emmer has been named Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence in the U.S. House of Representatives. The Subcommittee, established in 2023, is tasked with shaping regulations on cryptocurrency assets, fostering AI integration in financial services, and driving fintech innovation. In an X ...
CryptoLiteracy.org, an industry initiative focused on enhancing consumer education about cryptocurrencies, has released its 2024 State of Crypto Literacy Survey results, highlighting the growing importance of consumer knowledge in the digital economy. Conducted in October 2024 with 670 U.S. respondents, it offers key insights into the evolving landscape of crypto ...
Experts and commentators on social media platform X have raised significant concerns about a potential law that grants the U.S. president extensive powers to block access to digital assets. This proposed regulation is part of a new bill, "Intelligence Authorization Act for Fiscal Year 2025," that is expected to be ...
A report by 36Kr indicates that CPIC Investment Management, a subsidiary of China Pacific Insurance (CPI), is collaborating with investment firm Waterdrip Capital to launch two cryptocurrency funds. This development further implies that the Chinese government may have a more positive outlook on the cryptocurrency industry than previously thought. CPI ...
