Business

UK Treasury en route to legalizing stablecoins amid Terra’s UST crash

United Kingdom’s Department of Treasury, or Her Majesty’s Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the

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Crypto capital gains one of four key areas for Australian Tax Office

The Australian Taxation Office (ATO) has outlined crypto capital gains as one of four key areas of focus in 2022. A capital gain or loss

Business

The meaningful shift from Bitcoin maximalism to Bitcoin realism

There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but

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UK Court recognizes NFTs as ‘private property’ — What now?

At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog

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CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

In a Friday announcement, Pham said Keaghan Ames will be her counselor and senior policy adviser at the CFTC starting May 23. Ames worked at

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ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the

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Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have

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SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

Commissioner Hester Peirce — also known as the Securities and Exchange Commission’s (SECs) “crypto mom” — has backed a regulatory framework for stablecoins that allows

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Shanghai court affirms that Bitcoin is virtual property, subject to property rights

The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations. That finding

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US Senate confirms Jerome Powell for another four years as Fed chair

The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve System until