Illinois Crypto Tax Delay Extended as Industry Groups Pursue Legal Action
According to Cointelegraph, Illinois officials agreed earlier to postpone the enforcement of a proposed 0.2% tax on cryptocurrency assets for…
Cryptocurrency
Bitcoin, Ethereum, DeFi, blockchain, and crypto markets
DriveWealth adopts Ripple’s RLUSD for European stablecoin operations
According to The Block, DriveWealth will use Ripple’s RLUSD on the XRP Ledger for stablecoin settlement, collateral funding and custody…
Strategy’s Preferred Stock Financing Approach Drawn Criticism from K33 Over Potential Bitcoin Accumulation Impact
According to The Block, K33 argues that Strategy could accumulate more bitcoin over time by relying on common stock issuance…
SkyAI Faces Pressure Over Unexplained Solana Treasury Reduction
According to The Block, a major SkyAI shareholder has raised concerns about the company’s Solana (SOL) treasury after it declined…
US authorities dismantle crypto scam network targeting Russian-speaking Americans
According to Cointelegraph, U.S. law enforcement agencies, including Brooklyn prosecutors and the FBI, seized 112 servers and shut down 241…
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
According to Cointelegraph, the European Central Bank and national regulators have classified Circle’s USDC stablecoin as a “significant e-money token”…
Kalshi CEO Addresses Insider Trading Concerns Amid Growing Regulatory Scrutiny
According to The Block, the CEO of Kalshi stated that its prediction market platform is designed in a way that…
Standard Chartered raises $2 trillion stablecoin forecast to 2030 amid rising transaction volumes
According to Cointelegraph, Standard Chartered has increased its projection for stablecoin market size to $2 trillion by 2030. The bank notes…
OCC report links debanking actions to cryptocurrency activities among other sectors
According to Cointelegraph, the Office of the Comptroller of the Currency (OCC) issued a report that associates debanking efforts—instances where…
BNY and Citadel Securities Execute First Tokenized U.S. Treasury Repo on Major Triparty Platform
According to The Block, BNY and Citadel Securities completed a Treasury repo transaction that utilized tokenized assets for the first…