Regulation
The UK House of Lords has voted to compel the Treasury to develop a mandatory, wide-ranging strategy for digital assets, signaling a significant shift towards structured crypto regulation.
Regulation
The upstate New York city of Plattsburgh, known for its past 18-month ban on Bitcoin mining, is now considering a broader, temporary moratorium that would encompass all crypto mining operations and energy-intensive AI data centers.
Regulation
Germany's Finance Ministry is reportedly pushing for a 25% tax on cryptocurrency gains starting in 2028, a significant departure from its current policy that exempts gains after a one-year holding period. This move could reshape investment strategies and set a new precedent in European crypto regulation.
Markets
Bitmine has acquired another 28,000 ETH, pushing its treasury to 97% of its ambitious goal to hold 5% of Ether's total supply, even as it grapples with a staggering $5.1 billion in unrealized losses on its primary asset.
Regulation
Australia's financial intelligence agency, AUSTRAC, has revealed it removed 45 crypto and remittance service registrations over the past year, signaling a heightened focus on compliance and combating financial crime within the digital asset sector.
Markets
New Bitcoin whales are sitting on an unprecedented $9 billion in unrealized gains, a level not seen since 2016, raising questions about potential sell-side pressure and market stability.
Markets
Robinhood is making a significant play in the burgeoning prediction markets sector, acquiring stakes in Crypto.com and OG.com to route event contracts through CFTC-regulated infrastructure.
Markets
Bitcoin bulls struggled to maintain momentum over the US Labor Day weekend, as the asset dipped 2% and slipped below the critical $80,000 mark amidst notably low trading volumes.
Infrastructure
Blockstream's Liquid sidechain has temporarily halted operations following the withdrawal of approximately 4,000 BTC, valued at $320 million, by self-proclaimed 'white hat' actors. The group claims to have exploited an 'Elements' vulnerability and intends to return the funds once a patch is implemented.
Regulation
Prediction market Kalshi has seen a staggering surge in US web traffic and trading volume, even as it navigates intensifying legal scrutiny over its controversial sports contracts.
Regulation
Polish lawmakers have failed to override a presidential veto of crucial cryptocurrency legislation, a decision heavily influenced by the escalating Zondacrypto scandal and the bankruptcy of its Estonian operator. This leaves Poland's digital asset sector in a state of regulatory limbo.