Policy

The State Administration of Taxation and the National Financial Regulatory Administration jointly issued guidelines on 5 April that embed blockchain into the country's bank-tax data infrastructure, with a nationwide rollout targeted for 2029.

Risk assets reversed sharp losses within hours after the US president stepped back from a threat to annihilate Iranian infrastructure, accepting a Pakistani-brokered pause that sent oil tumbling 8 per cent from session highs.

An IRGC-linked intermediary is charging vessels up to $2 million per transit in stablecoins and Chinese yuan, formalising a sanctions-evasion toll system at the world's most critical oil chokepoint.

Blockchain investigator ZachXBT accuses Circle of failing to freeze $420 million in illicit USDC since 2022, while the stablecoin issuer blocked legitimate wallets days before the $285 million Drift hack.

Japan's FSA is transferring oversight of Bitcoin, Ethereum and 103 other cryptocurrencies from payment law to the country's securities framework, cutting capital gains tax to 20% and mandating exchange liability reserves.

Japan's FSA is advancing a sweeping overhaul that reclassifies 105 major cryptocurrencies as financial products, cutting the maximum tax rate from 55% to a flat 20%.

The landmark US crypto market-structure bill entered Easter recess without a markup date, imperilling its chances of becoming law before November's midterm elections.

A European Central Bank working paper reveals the top 100 token holders control over 80% of governance power in major DeFi protocols, challenging claims of decentralisation ahead of MiCA's July deadline.

The landmark US crypto regulation bill enters a critical window after Easter recess with stablecoin yield disputes unresolved and a May deadline looming before midterm politics freeze legislative action.

A new Russian bill will require residents to declare all foreign cryptocurrency wallet activity to tax authorities, linking each wallet to an identifier address for state tracking.

The SEC's top leadership appeared before Congress to discuss cryptocurrency regulation, bitcoin exchange-traded funds and the agency's approach to digital asset oversight during a House Financial Services Committee hearing.