The FSC reportedly plans a government-backed digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax due in 2027.
Industry participants said stablecoins offer the biggest near-term benefits for cross-border payments, while domestic UK retail adoption is likely to remain limited.
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.
US spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000.
Gabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government.
Hungary removed mandatory third-party checks for crypto conversions as CoinCash received authorization to provide digital asset services under MiCA.
Russia’s FSB says Telegram founder Pavel Durov faces a terrorism-related charge and an international arrest warrant, while a separate French case remains open.
A CoinGecko study points to rising demand for tokenized equities and commodities on centralized exchanges, with perpetual futures driving most of the market’s trading activity.
Analysis flagged a Bitcoin moving average derivative that last triggered at the end of the 2022 bear market as BTC price action returned to its reversal zone.
Flying Tulip said its withdrawal safeguard is designed to fail open, while a status page lets users monitor the system in real time.