U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. Source：Cointelegraph
Trade groups seek to block Illinois crypto tax before January effective date
Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose…
German finance ministry proposes 25% crypto tax starting 2028: report
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains taxfree after…
BitMart misses roadmap deadline, appoints financial adviser
BitMart provided no asset figures or withdrawal timetable and will launch a feedback portal within five working days during a financial adviser review.…
Hunter Biden’s laptop controversy gets a memecoin afterlife
The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP.…
Italy’s central bank orders sanctions screening for crypto transfers
Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities. Source：Cointelegraph
What could happen if the CLARITY Act fails to pass in 2026
The US Senate has a limited window to pass a crypto market structure bill, but if it were to fail, the legislation could be completely remade or scrapped under…
Metaplanet’s executive stock pool sparks shareholder backlash as CEO addresses MMXX ties
Metaplanet’s executive stock pool continues to draw backlash over dilution concerns, as investors urged the company to freeze the exercise rights tied to 273…
Silvergate ex-CEO blames Biden pressure for bank’s 2023 wind-down
Alan Lane said a “coordinated attack” by the Biden administration made Silvergate’s continued operation untenable and prompted its liquidation.…
Iran eases currency rules to bypass US sanctions with crypto: Report
Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.…
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Source：Cointelegraph
Gemini receives Singapore payment license for crypto services
Gemini’s local entity is authorized to provide digital payment token and crossborder money transfer services without standard transactionvolume limits.…