Latest News and Articles about Digital Assets
Illinois Advances Crypto Fraud Bill: Senate Bill 1797 Moves Forward
Illinois State Senator Mark Walker’s Crypto Fraud Bill Advances Illinois State Senator Mark Walker’s Digital Assets and Consumer Protection Act (Senate Bill 1797) has moved a step closer to becoming law after passing the Illinois Senate Executive Committee on April 4, 2025. This bill aims to protect consumers from digital asset fraud while fostering innovation […]
Read MoreU.S. Crypto Adoption Hits 55 Million in 2025: Diverse Demographics Embrace Digital Assets
Crypto Adoption in the U.S. Soars to 55 Million Users in 2025 The 2025 State of the Crypto Holders Report reveals that 55 million American adults are now embracing digital assets, a sign of growing trust and enthusiasm across diverse demographics. 55 million American adults engaged with digital assets Broad demographic reach across age, gender, […]
Read MoreCalifornia’s AB 1052: A Game-Changer for Digital Asset Rights and Payments
California’s Bold Move: AB 1052 Paves the Way for Digital Asset Rights California State Assemblymember Avelino Valencia has transformed a simple money transmission bill into a comprehensive piece of legislation focused on digital asset rights, reflecting the state’s progressive stance on cryptocurrencies and setting a potential precedent for the nation. AB 1052 revised to focus […]
Read MoreUK Trade Bodies Urge Government to Prioritize Blockchain with Envoy and Action Plan
UK Trade Bodies Demand Action on Blockchain and Digital Assets Six leading UK trade bodies have issued a strong call to action, urging the government to prioritize the blockchain and digital assets sector. In a letter to Varun Chandra, the Prime Minister’s special adviser, they demand the appointment of a dedicated blockchain envoy and the […]
Read MoreSEC Crypto Task Force Launches Roundtables to Clarify Digital Asset Regulation
SEC Crypto Task Force Announces Roundtable Discussions to Clarify Digital Asset Regulation The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force is set to host a series of roundtable discussions aimed at clarifying the regulation of digital assets. Launched on January 21 by Acting SEC Chairman Mark T. Uyeda, the “Spring Sprint Toward Crypto […]
Read MoreCalifornia’s AB 1052 Advances Crypto Payments and Self-Custody Protections
California’s Assembly Bill 1052: A Leap Forward for Crypto Payments and Self-Custody California’s Assembly Bill 1052, recently amended to focus on digital assets, marks a significant step towards mainstream crypto adoption in the state. This bill, led by Banking and Finance Committee chair Avelino Valencia, aims to legalize digital asset payments and protect self-custody wallets, […]
Read MoreFDIC Removes Crypto Pre-Approval: Banks Can Now Engage with Digital Assets
FDIC Lifts Crypto Restrictions: A New Era for Digital Assets in Banking The Federal Deposit Insurance Corp. (FDIC) has made a significant policy shift by eliminating the pre-approval requirement for U.S. banks engaging in cryptocurrency activities. This move, reversing a 2022 mandate, opens the door for banks to dive into the digital asset market without […]
Read MoreJulius Baer Hires Crypto Expert Michael Martin Amid $120M Cost Cuts
Julius Baer Hires Crypto Veteran Amidst Broad Reorganization Julius Baer, a Swiss wealth management giant, is making strategic moves into the digital asset space while undergoing a significant reorganization under new CEO Stefan Bollinger. Cost-cutting measures: $120 million annual savings, 400 job cuts Strategic hiring: Michael Martin, crypto veteran, to advise on digital assets Financial […]
Read MoreKazakhstan MP Proposes Crypto Bank to Regulate 90% Gray Market
Kazakhstan MP Proposes Crypto Bank to Regulate Massive Gray Market Kazakhstan is taking bold steps to regulate its sprawling cryptocurrency gray market, with a parliament member proposing the establishment of a “crypto bank.” This move aims to bring 90% of currently unregulated crypto operations into a legal framework. 90% of crypto operations in Kazakhstan are […]
Read MoreMalaysia’s Central Bank to Dive into Asset Tokenization and Digital Assets in 2025
Malaysia’s Central Bank Plans to Support Asset Tokenization and Explore Digital Asset Technologies in 2025 Malaysia’s financial landscape is set for a digital transformation as its central bank, Bank Negara Malaysia (BNM), announces bold plans for 2025. BNM to explore asset tokenization and digital assets in 2025 Plans to issue discussion paper and utilize Regulatory […]
Read MoreNigerian Banks Urged to Adopt Digital Assets as Crypto Market Surges 25%
Nigerian Banks Urged to Embrace Digital Assets Amid Regulatory Shifts Nigeria’s digital asset market is booming, yet banks are lagging behind due to regulatory concerns. A recent KPMG report, in collaboration with Chainalysis, urges Nigerian banks to step up and embrace digital assets to stay competitive. 25% increase in digital asset value received in Nigeria. […]
Read MoreKeyrock Expands to U.S., Opens New York Office to Boost Crypto Liquidity
Crypto Market Maker Keyrock Expands to U.S. with New Entity, Opens New York Office In a bold move signaling the blurring lines between traditional finance and digital assets, Keyrock, a leading crypto market maker, has set its sights on the U.S. market, launching a new entity and opening an office in New York. Keyrock launches […]
Read MoreBank of Russia Opens Crypto Trading to Wealthy Investors in 3-Year Experiment
Bank of Russia’s Cautious Crypto Experiment: A New Dawn for Qualified Investors The Bank of Russia has launched a three-year experiment allowing wealthy investors with over $1.1 million in securities and deposits to trade cryptocurrencies like Bitcoin. This move marks a cautious step towards embracing digital assets, with strict oversight and risk management in place. […]
Read MoreRobert Appleton Speaking on Digital Asset Trends and Cryptocurrency at Offshore Disputes Week in Grand Cayman
Olshan white collar litigation partner Robert Appleton is set to participate in a pivotal panel discussion at the upcoming Offshore Disputes Week in Grand Cayman. The event, taking place on March 26 at the Hotel Indigo Grand Cayman, will bring together legal experts and professionals from across the globe to explore critical trends in digital […]
Read MoreNigeria to Tax Digital Assets by March: SEC Leads Regulatory Crackdown on Crypto Exchanges
Nigeria Moves to Tax Digital Assets Amid Regulatory Crackdown Nigeria is set to tax digital assets by the end of March, spearheaded by the Securities and Exchange Commission (SEC) to integrate these assets into the formal economy. This move is part of a broader regulatory crackdown on offshore exchanges, pushing for a shift towards regulated […]
Read MoreSenate Banking Committee Schedules Crypto Hearing for Regulatory Clarity
Senate Banking Committee to Hold Crypto Hearing Next Week: A Step Towards Regulatory Clarity Next Wednesday, the Senate Committee on Banking, Housing, and Urban Affairs will dive into the world of digital assets with a hearing titled “Exploring Bipartisan Legislative Frameworks for Digital Assets.” This event marks a crucial moment for the crypto community as […]
Read MoreUtah’s HB230 Advances: Bitcoin Set to Become State Reserve Asset
Utah’s Bold Leap into Bitcoin: House Bill 230 Advances Could Bitcoin soon become a staple in state treasuries across the US? Utah’s Senate Revenue and Taxation Committee has taken a significant step toward that reality, passing House Bill 230 (HB230) with a 4-2-1 vote. This move marks a pivotal moment in the state’s journey to […]
Read MoreMontana’s House Bill 429 Advances: State Eyes $50M Bitcoin Reserve
Montana Advances Bitcoin Reserve Bill, Joining a Growing State Trend Montana is betting big on Bitcoin, joining a growing list of states ready to embrace digital assets as a new frontier for financial reserves. House Bill 429, which recently passed the House Business and Labor Committee with a 12-8 vote along party lines, could see […]
Read MoreSEC Requests 28-Day Extension in Coinbase Appeal Amid Crypto Task Force Formation
Coinbase vs. SEC: U.S. Regulator Seeks 28-Day Extension on Digital Asset Appeal The U.S. Securities and Exchange Commission (SEC) has requested a 28-day extension to respond to Coinbase’s appeal regarding the classification of digital assets as securities. This development follows the establishment of a new SEC crypto task force, indicating a potential shift in regulatory […]
Read MoreTrump’s 2025 Executive Order Boosts Crypto, Bans CBDCs, Promotes Stablecoins
Trump’s Executive Order Aims to Make the U.S. a Crypto Powerhouse On January 23, 2025, President Trump issued an executive order titled “Strengthening American Leadership in Digital Financial Technology,” signaling a major shift in U.S. cryptocurrency policy. This order aims to bolster digital assets while prohibiting central bank digital currencies (CBDCs) and promoting dollar-backed stablecoins. […]
Read MoreSEC Launches Crypto Task Force Led by Hester Peirce to Foster Innovation
SEC’s Crypto Task Force: A New Dawn for Digital Asset Regulation The Securities and Exchange Commission (SEC) has launched a Crypto Task Force led by Commissioner Hester Peirce to develop a more structured regulatory framework for digital assets. This initiative represents a significant shift from the SEC’s previous enforcement-heavy approach to one that fosters innovation […]
Read MoreCrypto Gang in Manchester Jailed for 76 Years After Violent Bitcoin Heist
Crypto Robbers Sentenced to 76 Years for Brutal Cryptocurrency Theft in Greater Manchester In a stark reminder of the risks associated with cryptocurrencies, a gang of robbers in Greater Manchester, UK, has been sentenced to a combined 76 years in prison for a series of violent crimes targeting a single victim. These criminals, driven by […]
Read MoreNFT Renting in 2025: Revolutionizing Access to High-Value Digital Assets
NFT Renting in 2025: A Game-Changer for Digital Asset Accessibility In 2025, the world of cryptocurrency is buzzing with excitement over NFT renting—a solution that’s revolutionizing how we interact with high-value digital assets. Non-fungible tokens (NFTs) are unique digital items that represent art, music, or collectibles on the blockchain. As the NFT market matures, the […]
Read MoreUtah’s Bold Leap: Up to 5% of Public Funds to Invest in Crypto Assets
Utah Dives into Crypto Pool: State Funds Set to Invest in Digital Assets Utah is making a bold move by advancing HB 230, the Blockchain and Digital Innovation Amendments, allowing up to 5% of public funds to be invested in digital assets like cryptocurrencies and stablecoins, sparking a national conversation on state-backed crypto investments. Utah […]
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