Crypto News

SEC Commissioner: Tokenization Promising, but No ‘Magic’ Exemption From Rules

As tokenized assets gain traction and Wall Street accelerates blockchain adoption, the SEC is drawing a clear line: compliance will decide who wins the digital securities race. SEC’s Peirce Urges Compliance as Tokenization Models Evolve Investor enthusiasm for tokenized assets is climbing, but regulators are signaling that compliance—not just innovation—will define the market’s next phase.Source link

Judge Recommends Dropping Logan Paul’s Ex-Assistant From ‘CryptoZoo’ Lawsuit

Logan Paul’s former assistant Danielle Strobel’s early token access and equity stake weren’t enough to establish jurisdiction, a judge found.Source link

New Zealand Says Crypto ATM Ban Aims to Close Money Laundering Loophole

The New Zealand government has announced it is banning crypto ATMs as part of its efforts to enhance anti-money laundering and counter-financing of terrorism measures. New Zealand Says It Is Targeting Criminals, Not Legitimate Businesses The New Zealand government has announced a ban on crypto ATMs to bolster its anti-money laundering and counter-financing of terrorismSource link

U.S. Digital Assets Tax Policy Getting Hearing During ‘Crypto Week’

As the U.S. House of Representatives digs into digital assets policy during what lawmakers have styled "Crypto Week" next week, the committee that focuses on tax policy will discuss the proper way forward for taxing crypto.The chairman of the House Ways and Means Committee, Representative Jason Smith, announced a July 16 hearing of the oversight subcommittee to look at the "affirmative steps needed to place a tax policy framework on digital assets," according to a statement on Wednesday.Crypto taxation is next in line behind overall regulation of the markets and the oversight of stablecoins as a leading policy issue expected to get attention in Congress. The two primary legislative efforts are both expected to see action next week, including a...

Bitcoin Treasury Firm Thumzup Considering Dogecoin, XRP Buys as Trump Jr. Invests

Publicly traded Thumzup is considering whether it should stash more cryptocurrencies beyond Bitcoin, including Dogecoin, Solana, and XRP.Source link