News You Can HODL
Show AI Summary Regulatory favoritism towards Trump-linked crypto firms sparks concerns over consumer safeguarding. CFTC staff who raised concerns over crypto oversight faced internal investigations or removal. Alleged conflicts of…
Show AI Summary Millions of Americans are impacted by the growing battle over federally regulated prediction markets. The rapid expansion of event-based trading markets threatens traditional gaming industry monopolies, sparking…
Key Highlights Blockchain Association backed bipartisan efforts for digital asset tax reform in Congress. The group urged lawmakers to introduce clearer tax rules for crypto users and firms. The letter…
Key Highlights The SEC is preparing a tokenization rule that will allow only real stocks to be turned into digital tokens. SEC Commissioner Hester Peirce clarified that rumors about synthetic…
Show AI Summary The SEC delays a proposal for tokenized equity products due to concerns over third-party tokens and shareholder rights. Firms issuing tokenized stocks would need to ensure token…
Show AI Summary Regulatory complications in the US led to the termination of the $1.2 billion merger between Galaxy Digital and BitGo. Galaxy’s involvement with Terraform Labs’ Luna token ecosystem…
Show AI Summary Proposed legislation seeks to modernize digital asset tax framework, reducing complexity for investors and businesses. The PARITY Act aims to eliminate administrative tax traps and compliance loopholes,…
Show AI Summary South Carolina enacts cryptocurrency law with broad protections for digital assets and blockchain infrastructure. The new law prohibits state agencies from using central bank digital currencies and…
Show AI Summary Prime Trust’s bankruptcy estate targets Swan Bitcoin’s parent entity in a lawsuit. Swan CEO Cory Klippsten allegedly received insider information from a Prime Trust executive. The executive,…
Show AI Summary The SEC is developing a framework to enable trading of tokenized stocks on decentralized platforms. Tokenized securities would utilize blockchain technology to represent traditional shares, potentially streamlining…