The new US crypto bill could settle the commodity-versus-security debate and reshape compliance, trading and innovation. Since its inception, the US cryptocurrency industry has faced a regulatory challenge: determining when a digital asset qualifies as a security and when it qualifies as a commodity. This uncertainty has hindered institutional adoption,Continue Reading

LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Digital asset-focused fintech firm LevelField Financial said it has secured conditional regulatory approval to acquire Chicago-based Burling Bank, marking one of the most notable crypto-banking acquisitionsContinue Reading

Japan’s financial regulator is preparing a sweeping overhaul of its crypto taxation framework by proposing to classify 105 digital assets, including bitcoin and ether, as financial products. If approved, the move would cut tax rates for many crypto traders and introduce new insider trading safeguards. FSA Moves Toward Reclassifying CryptoContinue Reading

Despite a $1 trillion crypto wipeout, a Coinbase executive said Bitcoin’s decline is structural and not bearish since few fundamentals have changed since its September price peak. Key takeaways: Bitcoin fundamentals remain intact despite the $1 trillion drop in the crypto total market cap. Long-term holders and institutional investors continueContinue Reading