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Regulations
U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules
Chairman of the House Financial Services Committee, Patrick McHenry (R-NC) and Congressman Ritchie Torres (D-N.Y) led a group of nine lawmakers in the effort.
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing
Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.
Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising
Lawmakers want to know to what extent Hamas may actually be raising crypto funds to finance terrorism, and what role the U.S. has had in seizing those funds.
CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. CFTC Chair Rostin Behnam says his agency is still awaiting new authorities from Congress to get supervision power over the crypto markets.
Germany's Commerzbank Wins Crypto Custody License
It's the first German full-service bank to be granted the custody license, according to a statement.
Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment
The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025.
Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said.
Crypto Custodian Hex Trust Obtains Full Dubai Operating License
This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai.
