The World Gold Council created a “Gold as a Service” framework to help modernize tokenized gold infrastructure worldwide. It does this by connecting physical gold custody and digital issuance systems, allowing companies to issue gold-backed products more efficiently. It is built on three levels of physical custody, digital issuance, and
South Korea’s main opposition People Power Party has proposed eliminating the planned 2027 tax on digital asset income, raising worries about double taxation and policy inconsistencies. According to a local news outlet, Floor Leader Song Eon-seok’s proposal aims to eliminate the present income tax provisions on digital assets from the
The Indian Government has amended tax rules for digital assets in response to the overall reporting framework and updates to CRS, an acronym for Common Reporting Standard. It has also clarified simple compliance for low-risk accounts while setting important guidelines for financial institutions. Market experts have hailed the move by
A crypto-aligned super PAC affiliate plans to spend $5 million to support Barry Moore’s U.S. Senate campaign, according to reports. Defend American Jobs, linked to the prominent crypto PAC Fairshake, will launch a five-week advertising campaign featuring former President Donald Trump endorsing Moore. The ads will run on broadcast television
Gemini laid off some of its workforce, numbering up to 200 employees, and stepped back from crypto betting initiatives. The move represents a strategic shift towards reliable and sustainable sources of income at a time when cryptocurrency businesses are being tested in terms of volatility and regulation. Industry-wide belt-tightening has
Global exchange Crypto.com presses ahead with its expansionist approach by launching a new prediction market platform. This comes after the company reported exponential growth in user engagement, which reportedly increased more than fortyfold during a short period. Increased engagement in Bitcoin market updates and general Web3 trends indicates that users
Crypto exchange operator Kraken continues to benefit from renewed market momentum, as its parent company Payward reports a sharp rise in revenues. Traders returned to digital assets in force, pushing volumes higher across spot and derivatives markets. Current trends in Bitcoin price analysis and the recovery of the crypto market
South Korea has adopted broad new licensing regulations for the crypto industry, marking a clear turning point in the regulation of digital assets. The government believes that the crypto industry should be regulated as a whole, rather than being supervised in a piecemeal fashion. This development is part of the
Federal Reserve interest rate cuts in 2026 could play a decisive role in bringing retail investors back to the crypto market, according to industry analysts who track macroeconomic trends and digital assets. Clear Street managing director Owen Lau said monetary policy will remain one of the strongest drivers of crypto
In a major policy shift, the Office of the Comptroller of the Currency (OCC) has officially confirmed that national banks in the U.S. can buy, sell, and manage crypto assets under their custody. Even more significantly, they are now permitted to outsource crypto custody and execution services to third-party providers.
