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The United Kingdom and 47 other countries began enforcing cryptocurrency tax reporting requirements on Jan. 1 under the Organization for Economic Cooperation and Development's Cryptoasset Reporting Framework, with major exchanges now required to collect and report user transaction data and tax resid

Coinbase executive Faryar Shirzad warned Congress that banking sector efforts to ban stablecoin interest payments could weaken US dollar dominance as China prepares to offer yields on its Digital Yuan starting Jan. 1. The Coinbase Chief Policy Officer said the move threatens competitive advantages e

Senator Cynthia Lummis' market structure bill advances toward a critical markup next month, potentially ending a decade of regulatory uncertainty for the digital asset industry. The Wyoming Republican announced Dec. 19 she will not seek reelection but remains committed to advancing the legislation a

Lithuania prepares to enforce stringent cryptocurrency regulations starting Jan. 1, threatening hundreds of unlicensed digital asset firms with fines, website blocks and potential prison sentences. The Bank of Lithuania has warned that platforms operating without proper MiCA authorization after the

Representatives Max Miller of Ohio and Steven Horsford of Nevada have drafted preliminary legislation to align cryptocurrency tax treatment with traditional securities while creating exemptions for certain stablecoin transactions. The proposal, which has not been formally introduced, comes as lawmak