U.S. House of Representatives declares July 14th “Crypto Week”
The U.S. House of Representatives has declared July 14th “Crypto Week,” advancing landmark bills to provide regulatory clarity, legitimize stablecoins, and protect financial privacy.
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Hong Kong aims to strengthen investor protection and market stability with its upcoming requirement for stablecoins to have full reserve backing.
The proposal would create clear rules for tax reporting, and prevent gains from staking and lending from being taxed.
According to James Seyffart, the regulator could be waiting to formalize a framework to fast-track crypto ETF approvals before give full clearance to Grayscale.
According to CEO Brad Garlinghouse, an approval on the request would create a new benchmark for trust in the stablecoin market.
Arizona governor's veto signals ongoing Democratic caution on cryptocurrency policies.
According to ETF analysts, such a standard would be very good news to the market and it is what everyone wants.