The crypto industry continues seeing meaningful regulatory momentum. Recent developments worth noting: potential elimination of gambling winnings taxation in the U.S. could have ripple effects on how certain digital asset transactions are taxed. Meanwhile, major players—BitGo, Ripple, Fidelity Digital Assets, Paxos, and Circle—have all secured approval for National Trust Bank Charter Applications. This marks a significant milestone for institutional adoption and compliance infrastructure in the space. These moves signal growing institutional acceptance and regulatory clarity around digital asset custody and banking services.