The IRS is seeking $44 billion in taxes from bankrupt crypto exchange FTX, including $20.4 billion in unpaid partnership and income taxes owed by Alameda Research.
Grayscale Investments announced three new crypto-focused ETFs and the creation of the Grayscale Funds Trust, expanding its product lineup despite ongoing tensions with the SEC.
SEC Chair Gary Gensler declined to state whether Ethereum is a security during a tense congressional hearing, reigniting debate over regulatory clarity in the U.S. crypto market.
The European Parliament has passed the landmark MiCA regulation, introducing unified crypto laws across all EU member states, including licensing, consumer protection, and transaction tracing rules.
Europe’s MiCA framework establishes clear rules for the crypto industry, marking a new chapter for digital assets. Experts say it could make Europe a global blockchain hub while the US lags behind.