Crypto advocacy groups oppose Illinois digital asset tax in court
Following a similar lawsuit filed by the Digital Chamber in July, two digital asset advocacy groups challenged Illinois’ 0.2% crypto tax on constitutional and…
Zondacrypto boss seeks leniency for testimony on political ties: Report
Przemysław Kral reportedly faces a fraud charge and is cooperating with Polish prosecutors as estimated customer losses reach $650 million. Source:Cointelegraph
Pakistan kicks off crypto licensing regime with Sept. 5 registration deadline
PVARA said companies have until the deadline to submit their application for a noobjection certificate or otherwise cease operating. Source:CoinDesk
Gemini strikes Apex deal to widen prediction markets reach
The planned tieup would make Gemini the exclusive CFTCregulated venue for crypto event contracts offered through Apex’s futures commission merchant.…
Fed experiment shows how bitcoin rallies attract new crypto buyers
Households shown bitcoin’s prioryear return were 23% more likely to report owning crypto in a followup survey. Source:CoinDesk
Crypto roars back as bitcoin posts its second-best week since early 2021
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout. Source:CoinDesk
Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 24 Source:CoinDesk
Banks, regulators join quantum-resistant crypto transfer pilot
Participating banks will test postquantum wallets and onchain transfers while regulators from Abu Dhabi, Bhutan and Malta initially observe.…
Pakistan opens crypto licensing portal, sets Sept. 5 deadline for existing firms
Existing virtual asset providers must apply for an NOC by Sept. 5 or cease operations under Pakistan’s new regulatory framework. Source:Cointelegraph
Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid. Source:CoinDesk
Regulation Crypto is here: State of Crypto
The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment. Source:CoinDesk
Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains…