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US House Committee Advances Crypto Tax Bill in 38-5 Vote

The US House Ways and Means Committee advanced the Digital Asset Tax Certainty Act in a 38-5 vote, establishing a preliminary federal framework for digital asset taxation including a de minimis fee exemption.

Senate Fails to Advance Clarity Act in 49-50 Cloture Vote

The U.S. Senate rejected the Digital Asset Market Clarity Act in a 49-50 vote, failing to secure the required votes to advance the comprehensive crypto market-structure bill and delivering a major legislative setback.

ECB Opens Digital Euro Pilot to Online and Mobile Merchants

The European Central Bank has launched a call for expressions of interest, inviting online and mobile merchants in the euro area to participate in the upcoming digital euro pilot scheduled for 2027.

UAE’s UAEPASS Digital Identity Vault Moves to Avalanche

The United Arab Emirates is transitioning the blockchain architecture of its national digital identity platform, UAEPASS, to Avalanche to enhance performance, scalability, and trust for its 12.5 million users.
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