The United Kingdom’s Prime Minister Keir Starmer’s government has dropped plans to make a centralized digital ID mandatory for workers, softening a flagship policy that would have required every employee to prove their right to work via a government‑issued credential rather than traditional documents like passports. The move follows months of backlash from critics, including…
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Seventy economists and policy experts called on members of the European Parliament (MEPs) to back a digital euro that serves the public interest, arguing that it is crucial for Europe’s monetary sovereignty and for guaranteeing access to central bank money in an increasingly cash‑light economy. The open letter, published on Sunday and titled, “The Digital…
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The US Securities and Exchange Commission (SEC) extended its decision deadline on two crypto-related exchange-traded funds (ETFs), while opening a comment window on options tied to a third in three separate filing decisions released Monday. In separate Federal Register notices, the SEC designated a longer period to consider proposed rule changes that would allow the…
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South Korea’s Supreme Court handed down its first explicit ruling that Bitcoin held in centralized exchanges can be seized by investigators, marking a notable shift in how exchange‑custodied crypto is treated under criminal law. In a decision on Dec. 11, 2025, and disclosed via the court’s official bulletin, the court upheld the seizure of 55.6…
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China’s move to let banks pay interest on digital yuan wallets from Jan. 1 is sharpening the debate in Washington over whether United States dollar stablecoins are being left structurally uncompetitive by the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s ban on yields. The move allows China’s commercial banks to pay interest…
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RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving in-principle approval on Wednesday from the Central Bank of the United Arab Emirates (CBUAE) to issue a UAE dirham-backed payment token. In-principle approval means the CBUAE has agreed to RAKBank’s stablecoin plans subject to final regulatory and operational conditions, and…
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Bitcoin Core urged users of versions 30.0 and 30.1 not to migrate legacy wallets after discovering a bug that can delete all files in a wallet directory if migration fails. Source link
Bank of America is from Monday making crypto a more routine part of its US wealth business, enabling advisers across Merrill, the Bank of America Private Bank and Merrill Edge to recommend spot Bitcoin exchange-traded funds (ETFs) to a broader range of clients. Bank of America’s chief investment office (CIO) has approved four US-listed spot…
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Tether picked up 8,888 Bitcoin (BTC) on New Year’s Eve, increasing its disclosed Bitcoin stash to more than 96,000 to close out 2025, its CEO Paolo Ardoino said. The USDt (USDT) stablecoin issuer has become one of the biggest active Bitcoin holders, placing the company’s Bitcoin address as the fifth-largest behind Binance, Robinhood, and Bitfinex…
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From Jan. 1, 2026, crypto users in 48 jurisdictions, including the United Kingdom and the European Union, will start to feel the first real effects of the Organization for Economic Co-operation and Development’s (OECD’s) Crypto-Asset Reporting Framework (CARF) as early‑moving jurisdictions begin collecting standardized data from exchanges and platforms. CARF requires in-scope providers to gather…
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