SEC Chair Paul Atkins said the new rules will make crypto exchange-traded products “less costly and more efficient.” Source: cointelegraph.com (Read Full Article)

If passed, the legislation could give more weight to a US housing regulatory agency’s June order to consider certain digital assets for mortgage loan risk assessments. Source: cointelegraph.com (Read Full Article)

Vincent Anthony Mazzotta Jr has pleaded guilty to money laundering and conspiracy to obstruct justice, which together carry a maximum of 15 years in prison. Source: cointelegraph.com (Read Full Article)

The Bank of Korea has also renamed its CBDC research and development teams to reflect their focus as practical business departments. Source: cointelegraph.com (Read Full Article)

Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million. Source: cointelegraph.com (Read Full Article)

Indonesia’s Finance Ministry raised taxes for crypto miners and sellers, while exempting some crypto transactions from VAT. Source: cointelegraph.com (Read Full Article)

The DOJ reportedly confirmed it is not targeting Dragonfly Ventures or its executives in the Tornado Cash case, despite earlier speculation and courtroom remarks. Source: cointelegraph.com (Read Full Article)

Hong Kong will begin enforcing its new stablecoin regulations on Friday, with a six-month transition period allowing temporary licenses for issuers. Source: cointelegraph.com (Read Full Article)

Japan is proposing a major reform in its tax regime for crypto assets. If passed, these changes will make digital asset investing simpler for crypto investors. Source: cointelegraph.com (Read Full Article)

The White House’s digital asset task force calls on regulators to clarify crypto trading rules and accelerate innovation, as a major crypto bill becomes law and two more head to the Senate. Source: cointelegraph.com (Read Full Article)