Illinois State Senator Mark Walker’s Crypto Fraud Bill Advances Illinois State Senator Mark Walker’s Digital Assets and Consumer Protection Act (Senate Bill 1797) has moved a step closer to becoming law after passing the Illinois Senate Executive Committee on April 4, 2025. This bill aims to protect consumers from digital asset fraud while fostering innovation […]
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Crypto Adoption in the U.S. Soars to 55 Million Users in 2025 The 2025 State of the Crypto Holders Report reveals that 55 million American adults are now embracing digital assets, a sign of growing trust and enthusiasm across diverse demographics. 55 million American adults engaged with digital assets Broad demographic reach across age, gender, […]
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California’s Bold Move: AB 1052 Paves the Way for Digital Asset Rights California State Assemblymember Avelino Valencia has transformed a simple money transmission bill into a comprehensive piece of legislation focused on digital asset rights, reflecting the state’s progressive stance on cryptocurrencies and setting a potential precedent for the nation. AB 1052 revised to focus […]
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UK Trade Bodies Demand Action on Blockchain and Digital Assets Six leading UK trade bodies have issued a strong call to action, urging the government to prioritize the blockchain and digital assets sector. In a letter to Varun Chandra, the Prime Minister’s special adviser, they demand the appointment of a dedicated blockchain envoy and the […]
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SEC Crypto Task Force Announces Roundtable Discussions to Clarify Digital Asset Regulation The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force is set to host a series of roundtable discussions aimed at clarifying the regulation of digital assets. Launched on January 21 by Acting SEC Chairman Mark T. Uyeda, the “Spring Sprint Toward Crypto […]
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California’s Assembly Bill 1052: A Leap Forward for Crypto Payments and Self-Custody California’s Assembly Bill 1052, recently amended to focus on digital assets, marks a significant step towards mainstream crypto adoption in the state. This bill, led by Banking and Finance Committee chair Avelino Valencia, aims to legalize digital asset payments and protect self-custody wallets, […]
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FDIC Lifts Crypto Restrictions: A New Era for Digital Assets in Banking The Federal Deposit Insurance Corp. (FDIC) has made a significant policy shift by eliminating the pre-approval requirement for U.S. banks engaging in cryptocurrency activities. This move, reversing a 2022 mandate, opens the door for banks to dive into the digital asset market without […]
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Julius Baer Hires Crypto Veteran Amidst Broad Reorganization Julius Baer, a Swiss wealth management giant, is making strategic moves into the digital asset space while undergoing a significant reorganization under new CEO Stefan Bollinger. Cost-cutting measures: $120 million annual savings, 400 job cuts Strategic hiring: Michael Martin, crypto veteran, to advise on digital assets Financial […]
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Kazakhstan MP Proposes Crypto Bank to Regulate Massive Gray Market Kazakhstan is taking bold steps to regulate its sprawling cryptocurrency gray market, with a parliament member proposing the establishment of a “crypto bank.” This move aims to bring 90% of currently unregulated crypto operations into a legal framework. 90% of crypto operations in Kazakhstan are […]
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Malaysia’s Central Bank Plans to Support Asset Tokenization and Explore Digital Asset Technologies in 2025 Malaysia’s financial landscape is set for a digital transformation as its central bank, Bank Negara Malaysia (BNM), announces bold plans for 2025. BNM to explore asset tokenization and digital assets in 2025 Plans to issue discussion paper and utilize Regulatory […]
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