UK Treasury Excludes Crypto Staking from Investment Scheme Regulations
TLDR UK Treasury amends law to exclude crypto staking from collective investment scheme classification, effective January 31 Change specifically impacts Ethereum and Solana staking, now recognized as blockchain validation processes…
Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.
Lummis Appointed to Chair New Senate Digital Asset Panel
TLDR Senator Cynthia Lummis has been selected to chair the first-ever Senate Banking subcommittee dedicated to digital assets and cryptocurrency The subcommittee was created under new Senate Banking Committee Chairman…
MANTRA Blockchain to Tokenize $1 Billion in DAMAC Group Assets Starting 2025
TLDR MANTRA blockchain and DAMAC Group partner to tokenize $1B in assets Assets include real estate, hospitality, and data centers Launch planned for early 2025 DAMAC began accepting crypto payments…
SEC Chair Gary Gensler Stays Firm On Anti-crypto Position Before Departure
SEC Chair Gary Gensler has reiterated his critical view of the cryptocurrency industry as he is set to step down from the leadership role in less than two weeks. Appearing…
Anthony Scaramucci Was Asked About His Profit-Taking Strategy On Bitcoin, Altcoins: Here’s What He Said
Anthony Scaramucci, CEO of investment firm SkyBridge Capital, discussed his take-profit strategy for cryptocurrencies on Thursday, stating that he will not sell his Bitcoin (CRYPTO: BTC) but rather target altcoins…