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US Federal Deposit Insurance Corporation Chairman Travis Hill has confirmed that his agency will propose a new application framework for stablecoin issuers later this month. Through a written testimony to be delivered before the House Financial Services Committee on Dec.…
News
Crypto users can trim tax bills by deducting eligible fees, tools, and operating costs, strategically harvesting losses, and using long-term holds and donations to reduce taxable gains, subject to jurisdiction rules and documentation requirements. Cryptocurrency users face tax obligations on…
Opinion
Ultimately, the way jurisdictions design and regulate stablecoins will determine who sets the standards for the next phase of global finance.
News
GDP data as scheduled due to a government shutdown, leaving policy makers without timely insights. The U.S. Bureau of Economic Analysis announced Monday it will not publish the delayed initial estimate of third-quarter gross domestic product, originally scheduled for Oct.…
News
A cluster of major US inflation and jobs reports due this week could spike volatility in stocks and crypto, with Fed policy expectations in focus as liquidity drops. A series of U.S. economic data releases scheduled for this week could…
News
Bitmain Technologies, a Beijing-based crypto mining rig firm, is under investigation over potential surveillance in the U.S.
News
Kraken's parent company made a first step toward an IPO, hoping to follow the path of Circle, Gemini, Bullish, and Figure Technologies
News
New Hampshire has once again notched the first position among other U.S. states after launching a Bitcoin-backed municipal bond. New Hampshire’s business financing agency, the Business Finance Authority, signed the approval on Nov 17 to authorize a “first of its…
News
United States authorities have indicted Chicago-based crypto ATM operator Virtual Assets LLC and its founder, Firas Isa, with money laundering charges involving fraud and narcotics proceeds. Isa and his firm operated Crypto Dispensers, a company whose core business involved offering…
News
The U.S. Senate Banking Committee will vote in December 2025 on comprehensive cryptocurrency market structure legislation, according to committee Chair Tim Scott on a recent television interview on Fox News. The Bill seeks to establish a unified regulatory framework for…
News
Will the White House proposal give the IRS broader access to offshore crypto data as agencies push for tighter tax oversight? The White House is examining a proposed rule that would give the Internal Revenue Service access to data on…
News
Treasury yields, Federal Reserve policy, have put pressure on risk assets, including Bitcoin, during the government shutdown. The longest government shutdown in U.S. history is over, but the crypto markets are still in the red. Just hours after lawmakers finalized…
News
Experts believe that the end of the shutdown will bring relief to the crypto market, but traders will likely remain cautious in the near future.
News
Scammers tricked victims into downloading a fake mobile crypto exchange app, and stole their funds if they made a transfer. Crypto-related fraud is becoming more sophisticated, and law enforcement is stepping up. On Thursday, November 13, Federal authorities have seized…
News
Polymarket has officially relaunched in the United States, but in beta mode, after almost three years of regulatory limbo and an extended stint operating offshore. Polymarket is currently operating quietly within a closed beta, with the platform open to select…
News
Polymarket is leveraging fantasy sports leader PrizePicks’ user base and regulatory standing as its gateway to re-entering the U.S. market. According to a prepared statement on Nov. 11, PrizePicks will integrate Polymarket’s event contracts into its own platform, offering its…