The Democratic Party of South Korea revealed a Digital Asset Committee on May 13. The Committee will be dedicated to bringing crypto regulation directly to the office of the next president. On the same day, the committee held its first meeting at the National Assembly Members’ Hall in Seoul. Also,
Newly appointed SEC Chair Paul Atkins addressed the public. Atkins praised pro-crypto work and criticised past policies. He slammed former Chair Gary Gensler’s crypto approach. “Innovation has been stifled by regulatory uncertainty,” he said. Atkins spoke at the SEC’s third crypto roundtable today. The event focused on crypto custody and
Last week, the former chairman of the U.S Securities and Exchange Commission gave an interview to CNBC in which he bluntly assessed the crypto market. He questioned the long-term potential of most virtual assets and also separated Bitcoin (BTC) from the remaining crypto sphere. As per Gensler, the crypto ecosystem
The Ministry of Finance, Slovenia is looking to impose a probable 25% tax on crypto trading profits for its citizens as per the new draft law. As per the bill, the tax will be imposed on selling cryptocurrency for Fiat or pay for goods and services. However, no tax will
In the last 24 hours, the crypto regulatory sector has seen significant action. On March 25, several US states saw crypto investments and reserve bills pass through the Senate. Meanwhile, the market has witnessed a modest upsurge, with the largest cryptocurrency, Bitcoin, progressing to $87,000. On the other hand, the
Cryptocurrency has become the talk of the town in the past few months. While prices have lost their peak, the same cannot be said for other sectors. For instance, the US spot ETF sector has shown a significant boom over the past few days. Several altcoins are anticipated to see
Australia is about to overhaul its crypto regulations, which requires exchanges and stablecoin issuers to now obtain a financial services license. This is an initiative to tackle the debanking crisis affecting digital asset firms. The proposed framework aligns with global regulatory trends, in a move to enhance consumer protection, market
The U.S. Senate Banking Committee is set to review Paul Atkins’ nomination as SEC Chair on March 27. His confirmation could be a potential change on how the agency regulates crypto, shifting from an enforcement-heavy approach to a clearer, rule-based framework. Fox Business journalist Eleanor Terrett noted that his appointment
The crypto market’s consolidation phase seems to be here to stay, judging from the past few weeks’ actions. Bitcoin has once again docked at the $83,000 range, which has caused altcoins to pause their recovery. Meanwhile, particular altcoins have managed to retain their bullish trends in the sector. Notably, the
The US regulatory sector is the prime of activity in 2025. Numerous advancements, bills passed, and laws enforced suggest that the nation is preparing for a boom in the crypto industry. While leading states made the initial steps, others are now paving the way for their citizens to join the
