Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday.
The so-called Bitcoin Jesus was charged with tax evasion in April 2024, years after he renounced his US citizenship.
The change in rhetoric followed a US dollar-pegged stablecoin boom in 2025 due to the passage of key legislation in the United States.
The license came eight months after the regulator gave the company in-principle approval, and a few weeks after Bybit secured a non-operational license for Dubai.
South Korea’s National Tax Service warned that cold wallets are not beyond its reach, as it will conduct home searches to combat tax evasion.
The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now.
EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.
Democratic senators have been criticized for pitching a counter-proposal to the market structure bill that could effectively “kill DeFi.”
With more than a year until US elections to determine control of Congress, a new poll suggested some crypto-minded Democratic voters could be swayed to vote Republican.
Coinbase has launched crypto staking in New York, allowing residents to earn rewards on assets such as ETH and SOL following state regulatory approval.