#CreatorPad 🇺🇦 In August, the Ukrainian Parliament will consider a bill to legalize the crypto market. It includes:
🔴 Legal protection for crypto holders and exchanges. 🔴 An option to legalize previously acquired assets by declaring them and paying a one-time 10% tax (5% income tax + 5% military levy). 🔴 Those who choose not to legalize risk exposure, as the link between wallets and owners will eventually become clear.
#CFTCCryptoSprint 🗽 The White House Prepares Executive Order Against “Debanking”
The Trump administration is working on an executive order to prohibit banks from denying services based on ideological reasons — such as targeting conservatives, crypto companies, religious organizations, or small businesses. The proposed measures include:
🔴 Oversight by the Department of Justice and financial regulators for each such case. 🔴 Fines and investigations for discriminatory practices. 🔴 Banks will be required to review their denial policies. 🔴 The Small Business Administration (SBA) will assist affected entrepreneurs.
$ENA 🇺🇸 The SEC has simplified accounting for stablecoins in the U.S.
The U.S. Securities and Exchange Commission (SEC) has issued new guidance: some stablecoins can now be treated as cash equivalents.
🔴 Companies can report fully backed stablecoins (like USDC or USDP) on their balance sheets as “cash.” 🔴 This only applies to U.S. dollar-pegged tokens that are fully backed and redeemable for real dollars. 🔴 The tokens must be non-volatile — their price should remain stable.