
White House weighs IRS bid to tax foreign crypto accounts via CARF
The White House is reviewing a proposal to join an international crypto tax standard that could deter Americans from moving their digital assets to offshore exchanges.

The White House is reviewing a proposal to join an international crypto tax standard that could deter Americans from moving their digital assets to offshore exchanges.

Nadella called for companies to abandon the current stage of rivalry in the AI industry, leaving the winner-take-all mindset behind. Instead, he proposed to take action to ensure the broad diffusion of this tech, targeting societal benefits as the ultimate goal. Microsoft CEO Satya Nadella Criticizes Current AI Industry’s ‘Zero-Sum’ Thinking The Facts Satya Nadella, […]

Over the past seven days, about $450 billion has vanished from the crypto economy as it slid from $3.57 trillion on Nov. 10 to $3.12 trillion by 4 p.m. Eastern time on Monday. Even after a year filled with fresh all-time highs, plenty of tokens are now sitting a cool 25% to 50% beneath the […]

LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank.

African crypto exchange VALR has partnered with financial services platform Mukuru to launch a USDC wallet integrated into Whatsapp. Bridging Finance to the Masses via Whatsapp The leading African crypto exchange, VALR, has forged a significant partnership with Mukuru, a leading financial services platform, to launch a USDC wallet. Through this collaboration, VALR will provide […]

Japan’s financial regulator is preparing a sweeping overhaul of its crypto taxation framework by proposing to classify 105 digital assets, including bitcoin and ether, as financial products. If approved, the move would cut tax rates for many crypto traders and introduce new insider trading safeguards. FSA Moves Toward Reclassifying Crypto Assets as Financial Products Japan […]

According to onchain analyst ZachXBT, one Cardano user watched $6.05 million worth of cardano ( ADA) vanish while trying to swap into a stablecoin called USDA. With liquidity running on fumes, the stablecoin’s price shot to absurd highs, turning a routine trade into a very expensive lesson. Dormant Cardano Wallet Awakens, Instantly Burns Millions in […]

A community director at the advocacy organization Stand With Crypto said US lawmakers’ voting records on a pending market structure bill could impact their reelection chances.

“If you’re going to be a bitcoin investor, you need a 4-year time horizon and you need to be prepared to handle the volatility in this market,” said Strategy Chairman Michael Saylor. Bitcoin Struggles, but Saylor Doubles Down At a time when skeptics are projecting gloom and doom over bitcoin’s sinking price, Michael Saylor, Chairman […]

Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.

The exchange’s 10-year Bitcoin and Ether contracts mimic perpetuals through daily cash adjustments, giving users a regulated way to trade crypto futures in the US.

Dappradar, the long-running Web3 and decentralized finance (DeFi) analytics hub, is shutting down after seven years, citing financial challenges and the end of platform sustainability. Dappradar to Cease Tracking Dapps and Blockchains Worldwide Dappradar, the Web3 data platform known for tracking decentralized applications (dapps) across dozens of blockchains, announced it is shutting down after seven […]
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