In crypto news today, Ukraine's parliament is set to consider a crypto regulation bill by late August, potentially aligning digital asset laws with European standards. The bill would allow individuals to legalize previously acquired digital assets by paying a 5% personal income tax and a 5% military duty. Meanwhile, in the U.S., President Donald Trump's executive order permits retirement accounts, including 401(k)s, to invest in cryptocurrencies, which has generated cautious optimism within the crypto industry. Experts suggest Bitcoin may benefit the most from this policy change due to its existing institutional acceptance. Additionally, Ripple Labs and the SEC have officially ended their legal dispute regarding XRP. Both parties have dismissed their appeals, following a ruling that XRP sold on public exchanges is not an unregistered security, although XRP sold to institutional investors was deemed to be so. Ripple will pay a $125 million fine as part of the settlement agreement.

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