With Congress in recess until the new year, sources familiar with the progress of a digital asset market structure bill are expecting consideration in early 2026. Members of the US Senate Banking Committee are expected to move forward with consideration of a digital asset market structure bill in the second week of January after months…
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Following the 2024 elections, in which an estimated 270 lawmakers with favorable views on digital assets won seats in the US Congress, many cryptocurrency-affiliated organizations and political action committees show no signs of slowing their progress in the next significant election, the 2026 midterms. Likely boosted by advocacy work from organizations — such as the…
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The US government has filed a letter opposing the introduction of an amicus brief from the digital asset advocacy group DeFi Education Fund as the court considers a possible retrial for two brothers allegedly behind a $25 million exploit of the Ethereum blockchain. In a Tuesday filing in the US District Court for the Southern…
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The introduction of a stablecoin bill pioneered by South Korean President Lee Jae-myung will reportedly be delayed into 2026 after concerns about issuers. South Korean lawmakers have reportedly delayed submission of a cryptocurrency bill that could allow the issuance of domestic stablecoins as key issues remain unresolved. According to a Tuesday Yonhap News report, officials…
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Kim Byung-kee, floor leader of South Korea’s Democratic Party, is facing scrutiny following a report alleging that he sought to pressure Dunamu, the operator of cryptocurrency exchange Upbit, after his son secured a position at a competitor. According to a Sunday report by news outlet Kyunghyang Shinmun, Kim, a member of the South Korean National…
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Former Alameda Research CEO Caroline Ellison, sentenced to two years in prison for her role in the misuse of clients’ funds at cryptocurrency exchange FTX, will be released in a matter of weeks following an update from US federal authorities. As of Wednesday, Ellison’s release from federal custody will be Jan. 21, according to information…
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Many crypto industry leaders and users anticipate significant changes in the US regulatory environment over the next 12 months, as various policy changes and legislation begin to take effect. Although the inauguration of US President Donald Trump in January 2025 did not mean an immediate end to all digital asset regulation, many of the administration’s…
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Update (Dec. 23 at 7:07 pm UTC): This article has been updated to include a statement from the IMF. The International Monetary Fund’s mission chief for El Salvador issued a statement confirming that government authorities were proceeding with negotiations for the sale of the country’s Chivo Bitcoin wallet. In a Monday statement, the IMF said…
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Arizona state Senator Wendy Rogers has proposed two bills and a resolution in an effort to change the state’s laws on taxing digital assets. In legislation prefiled with the Arizona Senate on Friday, Rogers proposed amending state statues to exempt virtual currency from taxation (SB 1044), barring counties, cities and towns from taxing or fining…
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US President Donald Trump’s AI and crypto czar has signaled that the White House may have all the pieces in place for digital asset regulation following the confirmation of Michael Selig to chair the Commodity Futures Trading Commission. In a Monday X post, David Sacks said the US was at a “critical juncture” for crypto…
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