Regulations
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
The budget is the first since Prime Minister Narendra Modi was elected for a third straight term.
BlockFi Administrator Submits Plan in Court to Make Customers Whole
The plan administrator revealed that a significant transaction had been closed which would enable a near-term final distribution of 100% for all eligible claims.
U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate
The legislation would set up a federal group to assess crypto in terrorism and illicit finance and make recommendations for heading it off, but the bill isn't expected to clear the Senate.
Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency
Issuers received approval for their latest S-1 filings, which means that the funds could begin trading as early as Tuesday.
India Unlikely to See Crypto Tax Reduction in Tuesday's Budget
An unexpected election result and last week's $230 million hack of crypto exchange WazirX appear to have dented any hopes of a reduction in the tax.
A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance
A federal judge is reviewing what role third-party tokens may play in the SEC's ongoing case against Binance.
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
WazirX said "many exchanges" were "cooperating" with them and that their immediate plans included "tracing the stolen funds, recovering customer assets, and conducting a deeper analysis of the cyber attack."
Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity Is Back Up
Visa and Allium Labs released their latest findings on stablecoin activity which showed demand for stablecoins has picked back up in 2024 and there's a steady growth of monthly active stablecoin users.
