News
The UK appointed HSBC Orion for its DIGIT pilot to explore blockchain bonds, aiming to improve efficiency, cut costs and boost security.
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Government News
Led by people in various positions of power, governments create and enforce different laws and guidelines. Governments worldwide vary significantly in approach, procedures, laws, etc. With the advent of the internet and social media, government news is now readily accessible to the public online.
Government cryptocurrency overwatch has increased in the years since Bitcoin’s launch in 2009. The European Union has taken a ground-breaking step by enacting regulations requiring crypto service providers to spot and suppress illegal cryptocurrency activity. Similarly, the Canadian government has established itself as a proactive regulator by authorizing the nation’s first Bitcoin exchange-traded fund (ETF).
In contrast to Singapore’s policy of not taxing long-term capital gains, Japan has taken a progressive stance by recognizing cryptocurrencies as legal property under the Payment Services Act. However, China is a leader in developing its government-backed digital currency, the digital yuan (e-CNY), with numerous pilot projects underway. China has outlawed cryptocurrency exchanges, citing unlawful public financing.
Additionally, government news also throws some light on major economies like the EU, the United Kingdom and the United States that are actively developing and exploring their own central bank digital currency (CBDC) initiatives, while nations like the Bahamas and Nigeria have already implemented CBDCs.
- News
European lawmakers endorsed the ECB’s digital euro plans as a way to shore up the bloc’s monetary sovereignty, while reiterating that the central bank must remain independent.
1259 - News
Crypto political action committee Fairshake spent roughly $130 million during the 2024 US elections to support pro-crypto candidates.
2511 - Market Analysis
Long-term Bitcoin holders sold 245,000 BTC as the price fell under $60,000 last week, but a fresh set of US macroeconomic cues and an uptick in BTC dip-buyers may signal that the market has bottomed.
2465 - Newsletter
Bitcoin dipped toward $60,000 after liquidations across crypto derivatives markets reached $2.56 billion, the 10th-largest daily total on record.
3578 - News
House Democrats probe $500 million UAE investment in Trump-linked WLFI, highlighting questions over dealings with the country's national security adviser.
3183 - Market Analysis
Bitcoin’s volatility spiked, and its price plummeted to fresh lows as worrying US economic conditions emerged. Will credit stress data signal the next accumulation phase for BTC?
3113 - News
The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September.
3232 - News
The meeting came more than two weeks after the Senate Banking Committee postponed a markup on the CLARITY Act, with stablecoin yield among several unresolved issues.
6643 - News
Five New York officials reportedly argued that the GENIUS Act could reduce incentives for stablecoin issuers to cooperate with law enforcement, potentially allowing criminal misuse.
3099 - News
Warsh’s nomination as the new Fed chair has ignited US liquidity drought concerns, but his interest rate policy may hold the silver lining for risk asset recovery, according to market analysts.
7733 - Altcoin Watch
SOL falls to lows not seen since April 2025, but Solana’s price-to-fundamentals gap and its wider correlation to macro markets may provide hope for investors.
5455 - News
An official said that Hong Kong authorities would work on a draft framework, and had begun processing license applications for stablecoin issuers and addressing crypto taxes.
2773 - News
US President Donald Trump nominated former Fed Governor Kevin Warsh to replace Jerome Powell as Federal Reserve chair, setting up a Senate confirmation fight.
4768 - News
A final court order transfers the legal title of seized cryptocurrency and assets to the US government, closing a case tied to Helix’s operations from 2014 to 2017.
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