The U.S. Securities and Exchange Commission named David Woodcock Director of the Division of Enforcement, effective May 4, 2026, replacing acting director Sam Waldon. The move is being read as a potential recalibration of the agency's post-Gensler crypto enforcement strategy.
Kwasi Kwarteng says he is buying bitcoin via Stack BTC as he warns of a UK market 'doom loop' and faltering fiscal tools. His public move is a notable signal from a senior political figure toward BTC.
A Taipei think tank has proposed using Bitcoin as a strategic reserve to hedge against wartime disruptions, noting existing seized holdings could seed a reserve. Lawmaker Ko Ju‑Chun said the Ministry of Justice holds 210 confiscated BTC—about $14 million—from criminal probes.
A White House adviser warned that delays to a key crypto bill could raise market volatility and consumer risk, while economist Peter Schiff criticized a newly launched crypto-backed mortgage product.
David Sacks has left his White House crypto post but will continue advising on technology policy. His departure comes as Congress considers market-structure legislation central to the administration’s crypto agenda.
Opposition lawmakers in South Korea have proposed abolishing a planned 22% tax on cryptocurrency gains; the ruling Democratic Party says it will review the proposal but has not reached consensus. The move increases uncertainty over the tax’s future and could reshape investor sentiment.
The SEC and CFTC issued a joint interpretation clarifying how federal securities laws apply to crypto assets, marking one of the broadest U.S. efforts to set clear regulatory boundaries for digital assets. The move aims to reduce legal uncertainty for issuers, exchanges and DeFi platforms.
The Bitcoin Policy Institute called bipartisan support for a de minimis tax exemption for small Bitcoin transactions "encouraging" and is pushing for enactment by August as a legislative deadline approaches. The move seeks to reduce reporting burdens on routine crypto activity and support retail usage.
The Bitcoin Policy Institute has pushed back on Basel-derived capital rules it calls “toxic,” urging U.S. regulators to treat Bitcoin appropriately as the Federal Reserve advances proposals to implement the Basel framework. The group's action could influence how banks are allowed to custody, lend, or hold crypto exposures.
Ripple’s Chief Legal Officer Stuart Alderoty met over the weekend with Senator Kirsten Gillibrand (D‑NY) to discuss regulatory policy for digital assets, a development market observers say could signal constructive engagement between industry and lawmakers.