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Japan Establishes New Best Practices for Crypto Staking Services
The Japan Crypto Asset Business Association (JCBA) has officially released a comprehensive operational guideline titled "Crypto Asset Staking Business Best Practices." This initiative aims to bolster user protection, en…
US Senate Banking Committee to Review CLARITY Act for Stablecoins
The United States Senate Banking Committee is reportedly preparing to advance the CLARITY Act, a pivotal piece of legislation aimed at establishing a federal framework for stablecoins. According to industry sources and …
Bermuda Launches Blockchain Pilot for Real-Time Asset Compliance
The Bermuda Monetary Authority (BMA) has successfully completed a pioneering regulatory pilot designed to integrate compliance protocols directly into blockchain infrastructure. By embedding legal requirements into the …
Bittrex Moves to Revoke SEC Settlement and Reclaim Millions in Fines
The defunct cryptocurrency exchange Bittrex has filed a formal request with a federal court to annul its 2023 settlement agreement with the U.S. Securities and Exchange Commission (SEC). The legal maneuver seeks the ret…
Germany Considers Ending Tax Exemption for Long-Term Bitcoin Holders
The German government is weighing a significant overhaul of its fiscal policy regarding digital assets, potentially signaling the end of the country's status as a tax haven for long-term crypto investors. German Finance…
UK Regulator Probes Mastercard, Visa, and PayPal Over Competition
The United Kingdom's financial watchdog has initiated a formal investigation into three global payment giants—Mastercard (MA.N), Visa (V.N), and PayPal (PYPL.O)—regarding potential anti-competitive behavior. On May 6, 2…
Hong Kong to Strictly Control Stablecoin Licenses and Monitoring
The Hong Kong Monetary Authority (HKMA) has signaled a cautious and rigorous approach toward the expansion of its digital asset ecosystem. Following a recent Legislative Council meeting, Chief Executive Norman Chan outl…