Federal Reserve Proposes Limited Accounts for Crypto Firms
The United States Federal Reserve (Fed) has put forward a proposal for public discussion regarding the introduction of a new type of account—payment accounts.
Federal Reserve Proposes Limited Accounts for Crypto Firms
The United States Federal Reserve (Fed) has put forward a proposal for public discussion regarding the introduction of a new type of account—payment accounts.
Trump Signs Order on Crypto Firms’ Access to Payment Infrastructure
On May 19, U.S. President Donald Trump signed an order to integrate digital assets into the traditional financial system.
South Korea Tests Stablecoin Pegged to Won
South Korea's KBFG has completed the proof-of-concept phase for a stablecoin pegged to the won.
CLARITY Act Clears Key Senate Vote
The U.S. Senate Banking Committee approved the CLARITY Act with a vote of 15 to 9.
MetaMask Developer Delays IPO Until Autumn
ConsenSys, the developer of MetaMask, has postponed its plans to go public in the US. According to CoinDesk, the listing will not occur before autumn.
Bitcoin Advocate Kevin Warsh to Lead the Federal Reserve
The U.S. Senate has confirmed Kevin Warsh as the new chair of the Federal Reserve System. His nomination received 54 votes in favor and 45 against.
Bhutan Simplifies Registration for Crypto Firms
The special economic zone of Bhutan, GMC, has introduced a streamlined licensing mechanism for international companies. The initiative targets fintech startups and virtual asset service providers.
US Democrats Demand Ethical Amendments to CLARITY Act
The US Senate Banking Committee has released a new draft of the cryptocurrency regulation bill. However, the current version of the CLARITY Act does not address the issue of conflicts of interest among current officials.
CLARITY Act Finalizes Stablecoin Yield Provisions
Senators Thom Tillis and Angela Alsobrooks have reached a compromise regarding the yield of stablecoins in the CLARITY Act, a bill on regulating the US crypto market.
Russian Government Approves Tax Amendments for Cryptocurrencies and Digital Financial Assets
The bill on the taxation of DFAs and cryptocurrencies will be submitted to the State Duma in early May, announced Alexey Yakovlev, Director of the Financial Policy Department of the Ministry of Finance.
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