The recent White House report on digital assets emphasizes the need for the CFTC to have clear authority over spot markets for ‘non-security’ digital assets. Experts express skepticism about the CFTC’s ability to effectively manage both the U.S. derivatives market and the crypto sector. Recommendations for Regulatory Clarity The recently released White House report on […] Source CryptoX Portal
Top global crypto exchanges face mounting legal peril in the Philippines after being accused of illegally targeting users and violating strict new digital asset compliance rules. Philippine SEC Flags Major Crypto Exchanges Operating Illegally in the Country The Philippine Securities and Exchange Commission (SEC) published an advisory on Aug. 4, alerting investors about unregistered offshore […] Source CryptoX Portal
From market jitters sparked by tariffs to new moves in crypto regulation and ETFs, it was a packed week across the digital asset landscape. Original
In a bold and sweeping address delivered at the America First Policy Institute, Paul Atkins—the Chairman of the SEC—outlined what may become one of the most significant shifts in U.S. financial regulatory history: the launch of “Project Crypto.” Framed as a strategic initiative to reestablish American primacy in crypto markets, the initiative represents both a […] Source CryptoX Portal
The US President Donald Trump’s Working Group on Digital Assets released its long-promised crypto report outlining policy recommendations for regulating crypto in the United States, including crypto market structure, jurisdictional oversight, banking regulations, promoting US dollar hegemony through stablecoins and taxation of cryptocurrencies. Establishing a “taxonomy” of digital assets by clearly defining which cryptocurrencies are securities and which are commodities was the first issue outlined in the report, released on Wednesday. According to recommendations in the document, jurisdictional oversight over digital assets should be shared between the Commodity Futures Trading…
The Central Bank of Uruguay has hinted at the possibility of declaring bitcoin a “non-financial virtual asset,” potentially securing an easier compliance path for virtual asset service providers. Stablecoins, on the other hand, would be classified as “financial virtual assets.” Uruguay to Clarify Status of Bitcoin and Other Virtual Assets in New Regulation The Central […] Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of bitcoin has reached an all-time high, climbing above $US120,000 for the first time. It comes as a number of digital asset laws, likely to give cryptocurrencies a regulatory framework, are to be voted on by US Congress. Doctor Aaron Lane from RMIT’s blockchain innovation hub says a regulatory environment and the appeal of bitcoin as a secure ‘digital gold’ investment amid economic uncertainty have contributed to the recent surge in price. Subscribe: Read more here: ABC NEWS provides around…
Hong Kong-based cryptocurrency exchange OSL Group has raised $300 million in an equity sale. OSL, which was the first exchange to win a license from the Hong Kong Monetary Authority (HKMA), said it will use the new capital to develop new business initiatives, such as building payment and stablecoin services. Hong Kong will start allowing stablecoin issuance under a new regulatory regime taking effect at the start of August. It is in the process of unveiling a range of policies for the regulation…
A sweeping Senate draft bill sets the stage for overhauling U.S. crypto regulation, proposing clear classifications, limited SEC oversight, and exemptions to accelerate compliant crypto innovation. Senate Draft Bill Builds on CLARITY Act Senators Tim Scott, Cynthia Lummis, Bill Hagerty, and Bernie Moreno announced on July 22 that they have released a digital asset market […] Source CryptoX Portal
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin falls as new data showed consumer prices rose in June. Plus, crypto asset manager Grayscale announces it confidentially filed with the SEC to go public on U.S. markets. And as the House tries to advance crypto legislation, Paul Grewal, chief legal officer at Coinbase, discusses what the bills being considered by Congress would mean for the industry. Chapters 00:00 – CNBC Crypto World, July 15, 2025 0:25 – Bitcoin falls 0:53 – The headlines…