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President Donald Trump’s 2025 annual financial disclosure was filed with the Office of Government Ethics on June 29 and certified on June 30, arriving as the CLARITY Act stalls over whether elected officials and their families should be allowed to hold, issue, promote, or profit from digital assets while writing the rules for those markets. … Read more

US regulators have started the compliance clock for stablecoin issuers, with a proposed customer-identification rule that would make direct minting, redemption, and account relationships look more like bank onboarding. The bigger fight begins after that first customer check. Stablecoins can be bought, transferred, and used across exchanges, wallets, DeFi venues, and smart contracts long after … Read more

JPMorgan has warned that Congress could create new gaps in financial oversight if it moves too quickly to write new rules for the crypto industry. The warning comes as Senate leaders try to advance the Digital Asset Market Clarity Act, a broad bill that would divide federal oversight of digital assets between the Securities and … Read more

MiCA’s July 1 deadline feels as if it were a Europe-wide exchange shutdown. For UK traders, the direct rulebook remains the UK’s FCA-led regime; the operational risk is that an exchange account may be classified through a different country, legal entity, or product notice. The same exchange brand can serve customers through different legal entities. … Read more

Congress is moving to fix how the US tax code treats crypto mining and staking rewards, and for validators and their institutional clients, the fix is long overdue. H.R. 9175, the Tax Clarity for Mining and Staking Act, would let miners and stakers defer tax on newly minted tokens until they sell them, ending a … Read more

Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resident, and it takes effect January 1, 2027. Governor JB Pritzker signed the Digital Asset Tax Act in mid-June, tucked inside a $55.9 billion budget. … Read more