Senior Reporter · Joined 2020
Covers Crypto Regulation, Crypto Business and Market Updates.
Melker Bengtsson is a Swedish writer with 10+ years of experience in cryptocurrencies, investing and personal finance. He holds a BSc in Finance from the University of Gothenburg.
On July 1st, the EU's comprehensive MiCA framework reaches its final deadline. One notable holdout for getting a license is the world's largest exchange, Binance, which withdrew its Greek application.
Japan's House of Representatives has passed a bill reclassifying cryptocurrencies as financial instruments, cutting crypto tax from 55% to a flat 20% and opening a legitimate way towards crypto ETFs.
Republicans introduced six separate tax bills aimed at crypto inconveniences owners experience day to day. Within hours, the White House crypto adviser had backed them. Next step: a committee markup.
Payments giant Mastercard has been awarded a BitLicense by the New York State Department of Financial Services. The license covers stablecoin settlements, tokenized deposits and digital-asset payment rails.
SpaceX is preparing for the largest IPO in history. Its S-1 also shows the company holds a whopping 18,712 BTC, more than Tesla and even Coinbase.
The EU built the first comprehensive crypto rulebook. Now it has to decide whether to loosen the one rule that might make it compete.
The SEC's innovation exemption for tokenized stocks could be released as soon as this week, letting institutions offer, on an experimental basis, a new token based way to invest in stocks.
Tim Walz signed HF 3709, letting state chartered banks and credit unions in Minnesota custody crypto for their customers. While the CLARITY Act moves through Congress, states are taking matters into their own hands.
The Digital Asset Market Clarity Act cleared a key Senate committee vote after months of delay, with industry leaders calling it a defining moment.
Kevin Warsh is the first incoming Fed chair with personal crypto investments. His hawkish monetary views could prove adverse for crypto, but the market doesn't seem to mind.
Russia's Duma passed first reading of bill 1194918-8, which would legalize crypto for foreign trade settlement. Cut off from SWIFT since 2022, Russia is now building its own crypto payment rails.
Bank lobbying groups called the stablecoin rewards compromise "insufficient" this Monday. But events this week show their efforts may be too late. Patrick Witt called the matter closed.
