High-level White House meeting said to be planned to hash out Clarity Act ethics section
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected to…
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing stateowned real estate. Source：CoinDesk
Crypto firms face AML risks during post-MiCA migration, says AMLA chair
AMLA is expanding its crypto oversight as firms complete the transition to the EU’s MiCA licensing regime. Source：Cointelegraph
BlackRock's crypto assets fall 39% despite $15 billion of net inflows
BlackRock's digital asset funds attracted $15 billion in net inflows over the past year, but falling crypto prices drove the value of those holdings sharply…
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products. Source：CoinDesk
Crypto steadies as Middle East tensions counter U.S. inflation report boost
Bitcoin held steady at a threeweek high as rising tensions between the U.S. and Iran reined in gains from Tuesday's softerthanexpected inflation numbers.…
Japan passes crypto overhaul to bring digital assets under financial rules
Japan’s revised Financial Instruments and Exchange Act introduces crypto insider trading rules, tougher penalties and new oversight requirements for crypto…
US freezes $131M in Iran-linked crypto as Middle East tensions rise
“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott…
Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear…
Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to…
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it…
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools.…