Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, New York City mayor Eric Adams criticized former New York Governor Andrew Cuomo for harming the state’s crypto industry, Japan’s Financial Services Agency (FSA) proposed classifying crypto as financial products, potentially allowing for exchange-traded funds (ETFs) and a flat 20% capital gains tax on crypto, and an Ethereum developer proposed changes that would double Ethereum block speed as part of the Glamsterdam update in 2026.
New York City Mayor Eric Adams lashed out against former Governor Andrew Cuomo for his “misguided” approach to regulating cryptocurrencies in the state.
Speaking at the Permissionless conference on Tuesday, Adams said New York state “dismantled and destroyed” the crypto industry under Cuomo’s leadership, which spanned from 2011 until his resignation in 2021.
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