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The U.S. Senate Finance Committee is set to examine how digital assets should be taxed, holding a public hearing that brings together key voices from the cryptocurrency industry, legal experts, and accounting professionals. Crapo Announces Hearing on Taxation of Digital Assets | The United States Senate Committee on FinanceCrapo Announces
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Democratic Sens. Elizabeth Warren and Elissa Slotkin are calling for a federal ethics investigation into former President Donald Trump, his family, and senior administration officials over their connections to World Liberty Financial (WLF), a cryptocurrency firm backed by the Trumps and the Witkoff family. In a letter sent Wednesday to
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The U.S. Securities and Exchange Commission (SEC) is moving to accelerate crypto innovation with plans to introduce an “innovation exemption” by the end of the year, according to SEC Chair Paul Atkins. The proposal would allow new digital asset products to reach the market faster, signaling a friendlier regulatory
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The White House expects a sweeping crypto market structure bill to reach President Donald Trump’s desk before the end of 2025, according to Patrick Witt, executive director of the White House Council of Advisors on Digital Assets. Speaking Tuesday at Korea Blockchain Week 2025’s Impact conference, Witt said
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Scroll DAO, the decentralized autonomous organization governing the Ethereum Layer 2 project Scroll, has paused its governance process following a series of leadership departures. Project delegate Olimpio announced the move in a post on X (formerly Twitter) on Wednesday, noting that Scroll DAO leader Eugene formally stepped down earlier this
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A group of 12 Senate Democrats has introduced a sweeping framework to regulate U.S. cryptocurrency markets, marking the party’s most comprehensive proposal yet and signaling readiness for bipartisan negotiations. The plan, unveiled Tuesday by Senators Ruben Gallego, Mark Warner, Kirsten Gillibrand, Cory Booker, and others, outlines seven key
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European Central Bank (ECB) President Christine Lagarde has urged stricter regulation of stablecoins issued outside the European Union, warning that gaps in oversight could expose the bloc to financial risks. Speaking at the annual conference of the European Systemic Risk Board on Wednesday, Lagarde said the EU should hold non-EU
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The Trump family’s cryptocurrency fortune swelled on paper this week after the debut of World Liberty Financial’s WLFI token, a decentralized finance venture backed by former U.S. President Donald Trump. WLFI began public trading on September 1, 2025, marking the first time investors could freely buy and
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Lee Eok-won, nominee to chair South Korea’s Financial Services Commission (FSC), has stirred controversy after dismissing cryptocurrencies as “valueless” in remarks submitted ahead of his confirmation hearing. His comments, reported by local outlet News1, have triggered backlash from industry stakeholders who argue the stance is out of step with
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The United States has begun publishing gross domestic product (GDP) figures on public blockchains, marking a major step in its effort to integrate cryptocurrency technology into government systems. Announced Thursday by the Commerce Department, the initiative aims to improve transparency and security in how critical economic data is shared, while
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China’s former central bank governor Zhou Xiaochuan has urged caution over the rapid adoption of stablecoins, warning that the digital assets could pose challenges to financial stability. His remarks, first shared during a private July meeting and later published by the Beijing-based think tank CF40, come as debates intensify
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The U.S. Department of Commerce will begin releasing key economic statistics on the blockchain, starting with gross domestic product (GDP), Commerce Secretary Howard Lutnick announced Tuesday during a cabinet meeting with President Donald Trump. “The Department of Commerce is going to start issuing its statistics on the blockchain, because