The Senate's passage of the GENIUS Act, designed to regulate stablecoins, feels less like a victory for innovation and more like a carefully orchestrated dance around a potential minefield. While proponents tout its bipartisan support and promise of U.S. dollar dominance, a nagging question lingers: Is this bill truly about...
Is going after FATF approval really worth killing the decentralized spirit that makes crypto so disruptive? Vietnam’s new Law on Digital Technology Industry is designed to create an environment where innovation can flourish and FDI is directed. In reality, it could unknowingly suppress the very ecosystem that it aims to...
South Korea's diving headfirst into the stablecoin pool with its "Digital Asset Basic Act," and while the pro-crypto sentiment is refreshing, I can't shake the feeling that they're prioritising control over innovation. Color me cynical, but history has shown that governments don’t tend to give up power — particularly when...
South Korea is taking a dramatic leap forward in the digital finance space. They’ve introduced the Digital Asset Basic Act, allowing domestic firms to issue stablecoins. This bill, championed by the Democratic Party and under the leadership of President Lee Jae-myung, aims to create a clear and regulated framework for...
BlackRock, the largest asset management firm in the world, recently faced scrutiny before the U.S. Securities and Exchange Commission (SEC). Their testimony shed light on pressing topics involving the regulation of cryptocurrency spot Exchange-Traded Products (ETPs), representing a watershed moment in the ongoing regulatory development of digital assets. This meeting,...
As the election dust settles, a wave of pro-crypto sentiment is allegedly sweeping through Washington. Certainly not given that Trump himself has promised to transform the U.S. into the “crypto capital of the planet.” Talk is cheap. We need to see action. The actions taken over the next four years...
Look closely, and Apple’s once-titanic walled garden is beginning to crack, letting the sweet smell of freedom waft through for crypto devs. A recent court ruling has forced Apple to relax its in-app payment restrictions. If implemented, this change would create a more favorable environment for crypto applications and NFT...
SPACE ID is currently making a big splash as the platform that’s cutting through the confusing and expensive Web3 identity nightmare. Human readable domain names instead of those mile long wallet addresses? Sounds fantastic, right? A unified identity across blockchains? Even better. Hold on, just a minute though. In short,...
The U.S. federal government is leaning much more on crypto—an encouraging early sign that a digital finance inflection point is happening in earnest. Recent developments show a commitment to fostering the growth of crypto, with initiatives aimed at securing America's position in the digital asset economy. This change in mindset...
The Federal Reserve (Fed) and the Federal Deposit Insurance Corporation (FDIC) recently announced the withdrawal of previously issued guidance concerning banks' involvement with crypto-assets. The American Bankers Association (ABA) applauded the announcement. It withdraws a 2022 supervisory letter that called on state member banks to inform the Fed prior to...
