Tokenization promises faster and cheaper markets, but the IMF warns that new risks and government intervention will accompany the shift to programmable finance.
Switzerland will enshrine a global crypto tax sharing framework into law on Jan. 1, but will delay implementing it until at least 2027.
Visa has partnered with crypto infrastructure company Aquanow to expand stablecoin settlement across the CEMEA region, cutting cross-border costs and friction.
EU governments agree to push forward with child sexual abuse Chat Control rules, but a compromise keeps voluntary scanning alive, leaving privacy advocates fuming.
Terraform Labs co-founder Do Kwon asked a US court to limit his prison term to five years as he faces a separate case in South Korea.
The UK has proposed a “no gain, no loss” approach to decentralized finance transactions, scrapping capital gains taxes on deposits to crypto lending platforms.
The South African Reserve Bank found no short-term need for a retail CBDC, saying wholesale or cross-border uses should be explored instead.
The Bank for International Settlements is advancing major digital currency pilots, testing cross-border CBDCs, tokenized deposits and real-time payment rails.
Spain’s Sumar party reportedly wants to raise crypto taxes to 47%, classify all digital assets as seizable and introduce a “risk traffic light” system.
Australia has taken another step to introduce legislation that will subject crypto platforms to the same laws and licensing obligations as financial institutions.