Crypto Assets

Highlights: CFTC named the first members of its Innovation Task Force to guide emerging technology regulation. The group will help shape clearer rules for crypto, blockchain, artificial intelligence, and prediction markets. Officials said the task force aims to support responsible […]

Highlights: California becomes the first state to protect unclaimed crypto assets from liquidation. SB 822 keeps unclaimed crypto in its original form under state custody. The law requires custodians to notify owners before declaring assets unclaimed. California has enacted a […]

Highlights: SEC declares state-chartered trusts can now safely hold crypto for investors. Clear rules give crypto companies and investors more trust and confidence ahead. Leaders praise SEC move, noting it brings clearer guidance for crypto custody. On Tuesday, the U.S. […]

Highlights: Vietnam passes new digital law to include crypto assets under clear rules. The government supports AI, semiconductors, and digital systems with tax cuts and research funding. Efforts to combat crypto scams intensify as authorities crack down on fraudulent schemes. […]

Highlights: The UK has hired a crypto expert after a 420% jump in insolvency cases. Andrew Small will recover lost digital assets like Bitcoin, memecoins, and NFTs. Crypto users in the UK have tripled since 2021, nearing 7 million adults. […]

Highlights: Commissioner Peirce has said NFTs with royalties do not offer business rights, so they should not be treated as securities. The SEC task force has held many talks with industry leaders to bring clarity to crypto assets. A different […]

Highlights: A New York bill allows crypto payments for public charges, including taxes. State agencies may charge fees to process crypto payments. The bill reflects rising government interest in digital assets. There is currently a new bill in New York […]

Highlights: Zoth lost $8.4 million after an attacker gained control of its deployer wallet and upgraded a proxy contract. Experts have noted that the attack resulted from leaked admin privileges and poor management of private keys. The company has not […]

Highlights: The U.S. SEC has formed the Cyber and Emerging Technologies Unit with 30 specialists to combat digital fraud. Laura D’Allaird appointed chief, focusing on AI misuse, blockchain fraud, and cybersecurity compliance. CETU aims to protect investors while supporting market […]

Highlights: Japan’s FSA reviews virtual assets as financial products to enhance investor protection. Potential changes include allowing Bitcoin ETFs and lowering crypto tax from 55% to 20%. Japan has taken a cautious approach to cryptocurrency compared to other Asian markets. […]

Highlights: South Korean Congressman faces prison sentence for hiding $6.8 million in crypto profits from 2021 to 2022. Prosecutors claim he misled the National Assembly’s Ethics Committee. South Korea remains a crypto powerhouse with $18 billion in daily trading. Kim […]

Highlights: A fake WalletConnect app on Google Play drained over $70,000 in crypto assets, targeting 150 users. The app tricked users into authorizing transactions by sending them to a malicious site. Google has removed the fraudulent app, but experts stress […]