China to Allow Interest on Digital Yuan Holdings
China will allow commercial banks to pay interest on digital yuan holdings starting January 1, marking a shift in the central bank digital currency’s role within the financial system.
China will allow commercial banks to pay interest on digital yuan holdings starting January 1, marking a shift in the central bank digital currency’s role within the financial system.
Spain will fully implement the EU’s MiCA framework by mid-2026, alongside stricter crypto reporting rules under the DAC8 directive starting earlier that year.
The Philippines has begun blocking access to Coinbase and Gemini as regulators intensify enforcement against crypto platforms operating without local licenses.
Hong Kong regulators have finalized licensing rules for crypto trading and custody providers, aligning oversight more closely with traditional securities regulation while launching a new consultation on advisory and asset management services.
Ghana has passed legislation legalizing cryptocurrency trading and granting its central bank authority to license and supervise digital asset providers.
A bipartisan group of US House lawmakers is urging the IRS to reassess how crypto staking rewards are taxed, citing concerns over double taxation and market participation.
Hong Kong’s insurance regulator is considering new capital rules that would impose a full risk charge on crypto assets while aligning stablecoin treatment with underlying fiat risk.
Wyoming Senator Cynthia Lummis, a leading pro-crypto voice in Congress, said she will not seek reelection in 2026, raising questions about future crypto legislation.
Poland’s lower house has approved a revived crypto bill aligned with the EU’s MiCA framework, sending the unchanged legislation to the Senate for review.
The European Central Bank plans to enable blockchain-based settlement in central bank money in 2026, as EU lawmakers continue debating privacy rules for the digital euro.
The SEC is seeking multi-year officer and director bans against former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh.
Binance is exploring a potential return to the US market, considering changes to Binance.US ownership and compliance structure amid a shifting regulatory climate.
Pakistan has signed a non-binding agreement with Binance to explore tokenizing up to $2 billion in state assets and advancing a national stablecoin framework.
The Bank of Canada has outlined strict expectations for stablecoins, signaling that only fully backed, transparent tokens will be permitted under forthcoming regulations.
Bhutan plans to allocate 10,000 bitcoin from its national reserves to support development of Gelephu Mindfulness City. The move formalizes bitcoin’s role in the country’s long-term economic strategy.