Tag: News

Ripple Releases Institutional DeFi Roadmap for XRP Ledger in 2025

Ripple, the blockchain infrastructure provider behind the open-source, public blockchain XRP Ledger (XRPL), has unveiled its development plans for the network in 2025, building on already existing features. According to a blog post, Ripple will focus on enhancing XRPL’s institutional decentralized finance (DeFi) ecosystem this year, with a focus...
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U.S. House Committee Advances Effort to Erase IRS’ DeFi Tax Rule

The U.S. House of Representatives has taken the first significant move to erase the work of the Internal Revenue Service to impose a tax regime on decentralized financial (DeFi) platforms in the final days of former President Joe Biden’s administration. The House Ways and Means Committee — the panel...
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Treasury Secretary Scott Bessent Hires Galaxy Digital Counsel to Advise on Crypto

U.S. Treasury Secretary Scott Bessent named Galaxy Digital regulatory counsel Tyler Williams to advise on digital assets and blockchain technology policy. Williams currently serves as head of Regulatory and Legislative Affairs & Regulatory Counsel at Galaxy Digital and also lectures part-time at The George Washington University Law School. He...
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