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Crypto Chronicle: JPMorgan’s Crypto Trademark, U.S. Senate Approves Stablecoin Bill, Thailand’s Tax Break, and Global Password Leak Alert

This week in crypto: U.S. lifts the travel ban on Venezuela and the crypto trademark. Historic stablecoin measure passes in Senate; Thailand launches five-year crypto tax exemption; 240,000 decrypted passwords alert crypto firms across the world.

1. JPMorgan Files Trademark for ‘JPMD’ Crypto Services

JPMorgan has requested a trademark for “JPMD”, indicating it will likely provide crypto services soon. The trademark suggests offerings like crypto payments, moving digital goods, and financial advisory services. This is a strong sign that Wall Street is embracing the blockchain wave.

2. U.S. Senate Passes Groundbreaking Stablecoin Bill

The United States Senate has passed a historic bill to regulate stablecoins comprehensively. The legislation outlines clear rules for issuers, reserve management, and consumer protections. This bill may pave the way for the mainstream adoption of stablecoins and becomes one of the most important crypto regulation steps in the U.S. to date.

3. Thailand Offers Five-Year Crypto Tax Exemption

Starting in 2024, Thailand will waive capital gains tax on cryptocurrency income for five years. The move is aimed at encouraging blockchain investment and positioning Thailand as a crypto-friendly hub in Southeast Asia. This initiative enhances the country’s appeal as one of the top pro-crypto nations in the region.

4. Password Leak of 4.16 billion Sparks Global Alert

The world has witnessed one of the largest data breaches in history, with over 16 billion passwords leaked online. Experts link the breach to infostealer malware and cybersecurity vulnerabilities in cloud storage systems. Users—especially those holding digital assets—are advised to:

Hackers are targeting cryptocurrency exchanges and wallets at scale, putting global crypto users at high risk.

author avatar
Satpal S
Satpal is an Editor and Author at 4C Media Co, specializing in all stories and news related to crypto and finance.
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