Table of Contents
Today in Crypto, Ukraine’s Parliament plans to conduct the first reading of Crypto regulation. In the US, an executive order enabling 401 (K) Ritrement schemes to invest in cryptocurrency has attracted great optimism. Meanwhile, the legal performance of their years has been terminated by Ripol and another officially.
Ukraine to weigh the bill regulating the crypto market in late August
According to government officials, Ukraine’s Parliament is planned to conduct early reading of a crypto regulation bill by the end of August. The law, if approved, can establish a legal framework for aligned digital assets with European standards.
“East of a draft law on the taxation of transactions with virtual assets is currently in the final stages,” Danilo Hetmantav, head of the parliamentary committee on finance, tax and customs politics, told Cointelgf.
“It is estimated that its presentations to read first
An important provision in the bill is the ability to come forward for individuals and legalize digital assets that have been previewed. Under the regulation, the holders seeking to legalize the asssts made 5% personal inquiry and paid 5% military duties, allegedly said by HetmintSev.
Bitcoin Trump’s 401 (K) Crypto Order is likely to lead benefits
US President Donald Trump on Thursday signed an executive order, opening the door to the Americans to include crypto and other alternative assets to include 401 (K) Rightless Counts and other defined-yoga-yoga schemes, a policy innings that has upset optimism and caption from the Crypto industry.
Trump’s executive order has directed the US Labor Department to revaluate sanctions on an aletenetic assets such as Crypto, Private Equity and Real Estate in other defined-partial plans.
As soon as the first quarter of 2025, US retirement assets were a total of $ 43.4 trillion, raw for the investment company Institute and Federal Reserve Board. The defined-contribution plan, including $ 8.7 trillion in 401 (K), is responsible for more than $ 12 trillion.
With the powerful of billions of dollars flowing into the crypto, the stakeholders of the industry shared their opinions and reactions at the executive order.
Bitwaiz Chief Investment Officer Matt House said that change can change the crypto markets by starting “slow, stable, consignment” with retirement contribution. “The result is high returns and low volatility,” said Hogan.
Joshua Krugar, head of development at the Duro Association, said that the main short-renphyry bitcoin (BTC) is liked. With the BTC having the strongest institutional approval, he predicts that integrated inteloreted pension will be the first for products.
Sec, Ripple Legal Battle Ends With Agreement to Quit Appeal
Securities and Exchange Commission and Ripple Labs on Thursday ended their years of legal battle on XRP (XRP), when a US appealed to the regulator’s bid to abandon its appeal and left the blockchain company’s move to stop their cross-mallest.
The second circuit appeal court recognized the joint dismissal of the second and Ripple’s cross-appeal, each party will be focused on carrying its cost and fees.
The second wave at the end of 2020, accusing it as an unregistered safety, of the Scene XRP. In July 2023, a federal judge ruled that the XRP sold on the public exchange did not meet the security definition, but the XRP sold to institutional investors disgraced the unregistered securities – the agency of the agency appealed.
The appeal for the trial was abandoned with the process of appeal – that the ruling is now final. Ripple will also have to pay $ 125 million in fine, which is the company and the other is tried and fried to reduce.