Indonesia Raises Crypto Taxes, Cuts VAT for Buyers
Indonesia’s Ministry of Finance has introduced a sweeping update to its crypto taxation policy, significantly raising taxes on traders and miners, while offering some relief to crypto buyers. The new regulations, issued as Regulation No. 50/2025 and No. 53/2025, come into effect on August 1, 2025. Higher Income Tax for
White House to Release Key Crypto Policy Report
The Trump administration is poised to release a long-anticipated report on U.S. crypto policy this Wednesday. Spearheaded by a presidential working group formed earlier this year, the report is expected to provide the clearest picture yet of the administration’s stance on digital assets, tokenization, market legislation, and SEC regulatory frameworks.
India Probes Binance & WazirX Over Cross-Border Crypto Risks
India has launched a high-stakes investigation into cryptocurrency exchanges Binance and WazirX amid growing concerns about national security threats, cross-border fund transfers, and the use of crypto in potentially illegal activities. The probe, led by India’s Financial Intelligence Unit (FIU-IND) and supported by the Enforcement Directorate (ED), reflects the country’s
Rakbank Launches Retail Crypto Trading in UAE
The National Bank of Ras Al Khaimah (Rakbank) has made history by becoming the first traditional bank in the United Arab Emirates (UAE) to enable retail crypto trading directly through its mobile banking app. In a move that merges traditional finance with digital assets, Rakbank’s new offering allows customers to
Japan’s Risk-Averse Culture Hinders Crypto Innovation
Japan’s stagnating crypto sector is being held back not by high taxes but by an overly cautious and bureaucratic regulatory culture, says WeFi CEO Maksym Sakharov. In a conversation with Cointelegraph, Sakharov highlighted that despite growing calls to reform the country’s 55% progressive crypto tax, it’s the Financial Services Agency
XRP Faces Sell-Off Fears as Ripple Co-Founder Moves Millions
Ripple co-founder Chris Larsen has reportedly transferred 50 million XRP to exchanges, raising fresh concerns over potential sell-side pressure on the token. On-chain analysts warn that this may just be the beginning, as Larsen-linked wallets still hold billions worth of XRP, threatening to flood the market if offloading continues. The
Ethereum ETFs Surge with $1.4B Weekly Inflows
Ethereum ETFs in the United States are making headlines, posting historic inflows and surpassing Bitcoin ETFs in investor attention. After months of trailing behind Bitcoin, Ethereum (ETH) has found fresh momentum among institutional investors, marking a significant shift in market sentiment. On July 24 alone, Ethereum ETFs recorded a staggering
AI in Smart Contracts: Developers Say It’s Making Crypto Safer
While earlier research has warned that artificial intelligence might introduce security risks in software development, smart contract developers and auditors now believe AI-assisted coding is actually improving the safety of crypto ecosystems. A November 2024 report by the Center for Security and Emerging Technology (CSET) raised alarms over the security
Pell Network and HashKey Chain Unite to Power BTCFi in RWA
Pell Network has officially announced a strategic collaboration with HashKey Chain, aiming to pioneer a new era in institutional decentralised finance (DeFi). The partnership focuses on integrating Bitcoin ($BTC) staking into the Real-World Assets (RWA) sector, a move that could significantly reshape how institutions interact with both digital and physical
Ghana to Regulate Crypto as Adoption Soars
Ghana is preparing to introduce its first regulatory framework for cryptocurrency, as the country witnesses a surge in digital asset usage, now estimated at $3 billion between July 2023 and June 2024. The Bank of Ghana (BoG) plans to present a comprehensive bill to parliament in September, aiming to bring
