Trump Revokes IRS Regulation That Aimed at Decentralized finance Platforms in Tax Reporting Enforcement
For the time being, the crypto asset sector has achieved a significant victory with this recent announcement concerning IRS reporting for crypto. On April 10, 2025, President Donald Trump authorized a bill that effectively eliminated an IRS crypto law mandating decentralized finance (DeFi)
HashKey Secures Hong Kong Approval to Provide Staking, Enhancing Institutional PoS Attractiveness
The digital currency exchange HashKey, located in Hong Kong, has been granted regulatory approval to provide locking tokens services, an initiative that could greatly enhance the attractiveness of proof-of-stake (PoS) investments such as spot Ether exchange-traded funds (ETFs) to institutional investors. The announcement
New Hampshire and Florida Push Forward Legislation to Create State Bitcoin Reserves
Legislative initiatives to implement state-level Bitcoin reserves are picking up steam across the United States, with both New Hampshire and Florida moving forward with bills designed to enable their state governments to hodl Bitcoin as part of their financial reserves. On April 10,
Bitcoin Whale Interest Growing, Is BTCUSD Prepared For $90,000?
Demand from BTC whales is on the rise, propelling BTC values upward. Is Bitcoin USD poised to reach $90,000? Over the past three months, prices have fallen almost 30% from their peak, resulting in substantial liquidations. As the momentum picks up, the BTC
Senator Lummis Claims Paul Atkins Represents a Victory for Crypto: Who Is the New SEC Chair?
On April 9, 2025, the U.S. Senate appointed Paul Atkins as the latest Chairman of the Securities and Trading platform Commission (SEC). Senator Cynthia Lummi from Wyoming expressed her approval of the decision. She described it as a significant victory for the crypto
Crypto Crypto law and Innovation Need to Progress Hand in Hand, Concludes Aim Congress in Abu Dhabi
In 2018, the prevailing topic in conversations about distributed ledger and cryptocurrency was whether the implementation of crypto compliance was essential. Fast forward to the present day, and the dialogue has shifted significantly. On April 8, 2025, during the AIM Congress in Abu
Similar to Solana at $8, Is It the Right Moment to Boldly Acquire ETH Now?
ETH may face disdain at present, but the Pectra upgrade, earning yield ETFs, and tokenization might propel ETHUSD beyond $4,000 by 2025. The current trading price of ETH stands above $1,600 and appears robust. Is ETH currently one of the top cryptocurrencies to
BRICS Bitcoin Transactions Will Obliterate the USD: Recent Trump Tariff Updates Have Turned Bitcoin into Actual Currency
The upcoming 90 days will focus on nations engaging in clandestine agreements to lower their tariffs, notably the BRICS nations (i.e., Brazil, Russia, India, China, and South Africa). Although officially set at a 10% reduction, practical implementations will see numerous minor exemptions accumulate. However, a
Cryptocurrency Enforcement Unit Dissolved as DOJ Changes Approach
In a decision that may surprise many in Washington and Silicon Valley, the U.S. Department of Justice has formally disbanded its National Crypto asset Enforcement Team (NCET). If this sounds significant, it's because it truly is. The DOJ has announced a shift in
AIM Congress In Abu Dhabi: Interoperability Identified As Crucial For A Cashless Future
While emerging markets foresee a future characterized by cashless economies and digital advancement, cash continues to prevail within these regions. A panel featuring Abdelslam Alaoui Smaili, CEO of Hightech Payment Systems (HPS); Alaa Alrousan, Head of SWIFT in the Middle East and North