The DAT Shift: What’s Pulling Biotech Firms Into the Crypto Treasury Game?

2025 has shaped up to be a defining year for the emerging digital asset treasury movement, widely referred to as DATs. Research indicates that more than 100 publicly traded firms have embraced the DAT strategy, with a significant portion of them in the biotech sector—a field grappling with financial headwinds this year. Biotech’s Crypto Play:

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U.S. Bancorp Restarts Bitcoin Custody After SEC Rollback as ETF Demand Surges

U.S. Bancorp, the fifth-largest commercial bank in the United States, has relaunched its institutional Bitcoin custody service after a three-year pause, citing renewed clarity from Washington and rising demand from investors. The Minneapolis-based lender said the service will initially cover Bitcoin for registered investment funds and spot Bitcoin ETF providers, with plans to expand if conditions allow. Institutional Bitcoin Storage Market Heats Up as U.S. Bancorp Rejoins Race The bank first rolled out crypto custody in 2021 through a partnership with fintech firm NYDIG. Those efforts were quickly put on hold when the Securities and Exchange Commission introduced rules requiring banks offering custody to hold equivalent capital on their balance sheets. The requirement proved too restrictive, pushing the bank to suspend the program. That changed this year when the SEC rescinded the rule shortly after President Donald Trump began his second term, opening the door for large banks to reenter the digital assets space. “We had the playbook and it’s sort of opening it up and executing it again,” said Stephen Philipson, head of wealth, corporate, commercial, and institutional banking at U.S. Bank. He added that the bank expects to scale the business more broadly as demand grows, while also exploring possible applications of crypto and stablecoins across wealth management, payments, and consumer banking. The relaunch places U.S. Bancorp among a growing list of major financial institutions reactivating or expanding digital custody services. Bank of New York Mellon, the country’s oldest bank, introduced a custody platform in 2022 to safeguard Bitcoin and Ether for select institutional clients. Fidelity Investments also offers custody services, while crypto-native firms such as Coinbase, BitGo, and Anchorage Digital remain major players. Anchorage continues to stand out as the only federally chartered digital asset bank. Fresh regulatory guidance from the Office of the Comptroller of the Currency in March further encouraged banks to participate in digital asset activities, stating that banks no longer need to seek prior approval to offer custody. Industry observers expect the change to accelerate adoption among mainstream banks, providing institutional investors with more familiar and regulated options for safeguarding assets. U.S. Bancorp said it will consider expanding custody services beyond Bitcoin, but only for assets that meet its risk and compliance standards. For now, the decision to restart operations shows a renewed willingness by traditional finance to compete with specialized crypto custodians. The timing also coincides with heightened activity in spot Bitcoin ETFs. Since their approval earlier this year, the products have attracted billions of dollars in inflows, driving institutional demand for secure storage solutions. Custody is viewed as a key piece of infrastructure to support that growth, and U.S. Bancorp is positioning itself to capture part of the market. Traditional Finance Firms Globally Shift Toward Crypto Integration Crypto is edging further into mainstream finance as U.S. banks and regulators move toward deeper integration with digital assets. In recent months, several large lenders have begun exploring crypto services, stablecoin issuance, and custody solutions once considered too risky. PNC Bank, which manages $421 billion in client assets, became one of the largest U.S. banks to launch crypto services after announcing a partnership with Coinbase’s Crypto-as-a-Service platform. PNC Bank to add Coinbase’s Crypto-as-a-Service platform for trading of digital assets, and would offer banking services to Coinbase. #PNCBank #Coinbase #CryptoServices https://t.co/a5vBf8o3Y8 — Cryptonews.com (@cryptonews) July 23, 2025 Customers will soon be able to buy, hold, and sell digital assets directly through PNC. JPMorgan Chase, Citigroup, and Bank of America are also studying stablecoin offerings , while Deutsche Bank has confirmed plans to launch a crypto custody platform in 2026 in partnership with Bitpanda. German institutions, including DZ Bank and Sparkassen, have indicated similar intentions, showing how traditional finance is rapidly adapting to demand. The shift is partly driven by regulation. In July, the first federal stablecoin law was signed , providing a framework for banks to explore dollar-pegged tokens. Stablecoins like USDT and USDC already support a $230 billion market, moving funds faster and cheaper than legacy rails. Citi executive warns stablecoin interest payments could drain bank deposits like the 1980s crisis amid GENIUS Act loophole concerns. #Stablecoin #Banks https://t.co/aaHxz9bXHM — Cryptonews.com (@cryptonews) August 25, 2025 Analysts warn that widespread adoption could reduce deposits and payment revenues for banks, but lenders see opportunity in capturing new flows before tech-native competitors dominate. Trump Pushes Sweeping Crypto Reforms in Second Term The regulatory environment has become friendlier as well. In August, the SEC and CFTC issued a joint statement clarifying that registered exchanges may facilitate spot crypto trades , a step intended to improve investor protections and encourage development in the U.S. For everyday users, this means being able to buy and sell crypto directly, similar to stocks, on licensed platforms that follow compliance rules. This growing institutional interest is unfolding against a broader political backdrop shaped by Donald Trump’s second administration. Since returning to the office, Trump has positioned himself as a champion of digital assets, in contrast to what he calls the “hostile” stance of his predecessor. The White House has already pushed through the GENIUS Act , the country’s first stablecoin law, and is lobbying Congress to pass the CLARITY Act, a comprehensive framework for digital assets. The administration has also introduced a strategic Bitcoin reserve and published a 160-page report outlining plans to support open-source infrastructure and safeguard user privacy. SEC Chairman Paul Atkins, a Trump appointee, announced “Project Crypto” in July , a sweeping effort to modernize securities rules and bring crypto asset distributions back onshore. SEC Chairman Paul Atkins launches 'Project Crypto' initiative to make America the 'crypto capital of the world' through comprehensive regulatory modernization. #SEC #Crypto #America https://t.co/7dVUQ2rEZ8 — Cryptonews.com (@cryptonews) July 31, 2025 The project includes clearer categories for tokens, new disclosure standards, and safe harbors for coin offerings and airdrops, steps intended to make it easier for companies to include U.S. investors. At the same time, tensions with banks remain. In August, a coalition of crypto firms, including Gemini and Robinhood, urged Trump to block new “account access” fees proposed by lenders, arguing such charges would cripple innovation. Banks countered that the industry is asking for free services while profiting from user data. The post U.S. Bancorp Restarts Bitcoin Custody After SEC Rollback as ETF Demand Surges appeared first on Cryptonews .

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Ukrainian Crypto Tax Bill: A Historic Leap Towards Digital Asset Regulation

BitcoinWorld Ukrainian Crypto Tax Bill: A Historic Leap Towards Digital Asset Regulation Exciting news is emerging from Eastern Europe, signaling a significant step forward for digital assets. Ukraine’s parliament has taken a pivotal stride, passing the first reading of a bill aimed at legalizing and taxing cryptocurrencies. This development marks a crucial moment for the Ukrainian crypto tax landscape, offering a glimpse into how nations are adapting to the evolving world of digital finance. Understanding the Proposed Ukrainian Crypto Tax Framework The draft legislation, as reported by Cointelegraph, introduces specific tax rates for profits derived from digital assets. This move by Ukraine’s lawmakers aims to bring clarity and structure to a previously unregulated sector. Income Tax: The bill proposes an 18% income tax on profits generated from cryptocurrency activities. This aligns with the standard personal income tax rate in Ukraine. Defense Tax: Additionally, a 5% defense tax will be applied to these digital asset profits. This particular tax often contributes to the nation’s military and security efforts, reflecting the current geopolitical context. These proposed rates highlight a clear intention to integrate cryptocurrency earnings into the national tax system, treating them similarly to traditional financial gains. The passing of this first reading indicates strong parliamentary support for establishing a formal framework around digital assets. Why is Ukraine Prioritizing Ukrainian Crypto Tax Regulation Now? Ukraine has long been recognized as a hub for crypto adoption, with a significant number of its citizens holding or trading digital currencies. This bill comes as a strategic move to harness the economic potential of this burgeoning sector while addressing associated challenges. Key motivations likely include: Revenue Generation: Taxing crypto profits can provide a new, substantial source of income for the state budget, especially crucial during times of conflict and reconstruction. Investor Protection: Legalization often comes with regulatory oversight, which can offer greater protection for investors against fraud and market manipulation. Combating Illicit Activities: A regulated environment can help monitor and prevent the use of cryptocurrencies for illegal purposes, enhancing financial security. International Integration: Aligning with global standards for crypto regulation can improve Ukraine’s standing in the international financial community and attract foreign investment. This proactive approach positions Ukraine as a forward-thinking nation in the digital economy, aiming to create a transparent and predictable environment for crypto enthusiasts and businesses alike. The establishment of a clear Ukrainian crypto tax policy is a cornerstone of this vision. What Are the Potential Impacts of This Ukrainian Crypto Tax Bill? The implications of this draft legislation are far-reaching, affecting individual investors, crypto businesses, and the broader Ukrainian economy. While the bill aims for clarity, its full impact will depend on its final form and implementation. Benefits for the Ecosystem: Increased Adoption: Regulatory certainty can encourage more individuals and businesses to engage with cryptocurrencies, knowing the legal boundaries. Innovation Hub: A clear legal framework could attract blockchain and crypto startups, fostering innovation within the country. Economic Growth: Legitimizing digital assets can contribute to overall economic growth by integrating a previously informal sector into the formal economy. Potential Challenges: Compliance Burden: Individuals and businesses may face new complexities in calculating and reporting their crypto taxes. Competitiveness: The specific tax rates will need to be competitive enough to prevent capital flight to jurisdictions with more favorable crypto tax regimes. Technical Implementation: The government will need robust systems to effectively track and collect taxes on digital asset transactions. The journey from a first reading to becoming law involves further parliamentary debates and potential amendments. Stakeholders will be closely watching how the Ukrainian crypto tax framework evolves, hoping for a balanced approach that supports growth while ensuring fair taxation. Looking Ahead: The Future of Ukrainian Crypto Tax and Digital Assets This initial parliamentary approval is a strong indicator of Ukraine’s commitment to formalizing its digital asset market. It signals a move away from an ambiguous legal status towards a regulated, taxed environment. For individuals and businesses operating within Ukraine’s crypto space, understanding these proposed changes is paramount. As the bill progresses through further readings and potential amendments, staying informed will be key to ensuring compliance and maximizing opportunities within the new framework. The goal is to create a robust and transparent ecosystem where digital assets can thrive under clear legal guidelines. In conclusion, Ukraine’s parliament has taken a significant step by passing the first reading of its Ukrainian crypto tax bill. This initiative to legalize and tax digital assets, with proposed rates of 18% income tax and 5% defense tax, underscores the nation’s resolve to integrate cryptocurrencies into its mainstream economy. This move promises greater clarity, potential revenue, and a more secure environment for crypto users, marking a pivotal moment in the global adoption of digital finance. Frequently Asked Questions (FAQs) Q1: What is the current status of the Ukrainian crypto tax bill? A1: The bill has successfully passed its first reading in Ukraine’s parliament. It still needs to undergo further readings and approvals before becoming law. Q2: What are the proposed tax rates for cryptocurrencies in Ukraine? A2: The draft legislation proposes an 18% income tax and an additional 5% defense tax on profits derived from digital assets. Q3: Why is Ukraine implementing this crypto tax legislation? A3: Ukraine aims to generate state revenue, provide regulatory clarity, protect investors, combat illicit financial activities, and align with international financial standards. Q4: How will this bill impact crypto investors in Ukraine? A4: Once enacted, investors will need to accurately report and pay taxes on their crypto profits. It is expected to bring more legal certainty and potentially encourage broader adoption. Q5: When is the Ukrainian crypto tax bill expected to become law? A5: The exact timeline is not fixed, as the bill must pass subsequent readings and receive final approval. The process can take several weeks or months. If you found this article insightful, consider sharing it with your network! Help us spread awareness about the evolving landscape of cryptocurrency regulation by sharing on social media. Your support helps others stay informed. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Ukrainian Crypto Tax Bill: A Historic Leap Towards Digital Asset Regulation first appeared on BitcoinWorld and is written by Editorial Team

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Expert Analyst Claims Bitcoin Will “First Fall to $100,000,” Then Shares What They Expect Next

Cryptocurrency analyst Joao Wedson shared a remarkable assessment stating that Bitcoin may enter a critical period in the coming period. According to Wedson, a cyclical formation they pointed out in 2024 could be completed in October 2025, marking the end of an important phase in Bitcoin's history. Wedson suggested that if this cycle is confirmed, Bitcoin could quickly drop to the $100,000 level and then surge above $140,000. However, the analyst added that relying solely on technical fractal analysis is risky. One of the most critical points of the analysis is how the market will be affected by institutional demand, ETF speculation, and political developments. Wedson particularly highlighted Elon Musk's comment that “Trump could trigger a bear market in the last quarter of 2025.” As you may recall, Musk had previously shared a post hinting at Bitcoin's $69,000 peak in 2021 months ago. Related News: Billionaire Ray Dalio Explains Why Bitcoin and Cryptocurrencies Are Surging “Is the 4-year cycle over and Bitcoin entering an endless uptrend, as new crypto investors claim, or is 2025 the last gasp before a sharp correction? We shouldn't rule out the possibility of prices falling below $50,000 in 2026,” Wedson said. The analyst concluded his comment by stating that all these scenarios are merely theoretical, saying, “Perhaps only Satoshi Nakamoto knows what will actually happen.” *This is not investment advice. Continue Reading: Expert Analyst Claims Bitcoin Will “First Fall to $100,000,” Then Shares What They Expect Next

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Galaxy Digital and Superstate Tokenize Shares on Solana, Could Accelerate Tokenized Equities Adoption

Galaxy Digital’s tokenized shares are regulated Class A equity issued on the Solana blockchain via Superstate, allowing verified investors to hold transferable digital shares in crypto wallets while preserving legal

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TROLL Secures Trollface IP License and Merch Deal, Could Strengthen Meme Coin’s Legal Position

The TROLL meme coin license secures exclusive rights to use the Trollface artwork in coin-related images, memes, and merchandise, with creator Carlos Ramirez set to receive an 11% royalty on

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ETH/BTC Ratio Declines 8% as Spot Flows Diverge, Suggesting Potential Rotation Into Bitcoin

The ETH/BTC ratio has fallen ~8% in two weeks as spot flows diverge: Bitcoin spot demand is densifying while Ethereum liquidity thins, signaling a potential structural rotation back into BTC

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Trollface Meme Creator Grants Exclusive IP Rights to Solana Token in Six-Figure Deal

The TROLL meme coin team has secured a license to the Trollface IP, along with a merch deal with the original creator.

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Bitcoin Faces Imminent Price Drop as September’s Crypto Trends Unfold

Bitcoin might drop below its $112,500 support, affecting altcoins profoundly. September historically brings a negative trend, with macro factors adding pressure. Continue Reading: Bitcoin Faces Imminent Price Drop as September’s Crypto Trends Unfold The post Bitcoin Faces Imminent Price Drop as September’s Crypto Trends Unfold appeared first on COINTURK NEWS .

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Ondo Finance rolls out more than 100 tokenized U.S.-listed stocks on Ethereum, could expand to Solana and BNB Chain

Ondo tokenized stocks are blockchain-based tokens fully backed by U.S. stocks and ETFs, enabling 24/7, fractional trading for non-U.S. investors. Ondo Global Finance lists 100+ U.S. equities on Ethereum with

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