Bitcoin Mining Stocks: Boom or Bust? US Tax Proposal Casts Shadow on Recent Rally
The recent surge in Bitcoin prices has brought a welcome boost to publicly traded Bitcoin mining companies, but a quick reversal and a proposed US tax regulation threaten to dampen this newfound optimism.
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Kraken Parent Payward Partners With GTN to Take xStocks Tokenized Stocks Global
The expansion starts with Hong Kong-listed equities and will extend to the UK, Europe and South Korea, using GTN's 90-market brokerage infrastructure to move xStocks beyond its US-stocks-only starting point.
New CLARITY Act Draft Adds Sunset Ethics Ban on Trump's Crypto Ties, But Democrats Aren't Sold
The near-final text, circulated to industry groups before Senate Democrats saw it, would have the Justice Department enforce a conflict-of-interest rule that expires in 2029, a structure one Democratic co-sponsor already calls unserious.
Wall Street Calls Tokenization Strategic – Its Own Survey Says Equities Are the Exception
A new Broadridge poll of 200 financial services executives finds near-unanimous conviction on tokenization broadly, but muted enthusiasm for stocks specifically, even as onchain data shows tokenized equity transfers up more than 170-fold in a year.
Russia's State Duma Passes First Comprehensive Crypto Law, Takes Effect September 1
The law lets licensed intermediaries sell crypto to retail investors under a roughly $3,800 annual cap and permits its use in foreign trade settlements, while keeping the domestic payment ban in place.