DOJ Task Force Freezes $3.8M in Illicit Crypto—With Help From Coinbase, Spa…
In recent developments, some of America’s biggest companies helped squash crypto fraud stemming from organized crime in Southeast Asia. The development has drawn attention from traders and analysts who are…
Congress Gets 7 New Crypto Tax Bills: Here’s What’s In Them
In recent developments, the crypto tax bills—the first of their kind to be deliberated by congressional leadership—will be discussed at a House hearing on Tuesday. Looking closer, market participants highlight…
Crypto tax proposals weighed ahead of Tuesday House hearing
In recent developments, among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions. Looking closer, market participants…
Crypto tax in Illinois FY2027 budget is one step away from becoming law
In recent developments, the law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.…
Crypto billionaires bankroll Nigel Farage’s pro-crypto party
In recent developments, tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter. Looking closer, market participants highlight key…
US Treasury issues sanctions on Iran, targets 4 crypto exchanges
In recent developments, the sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since…
Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
In recent developments, “Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan. Looking closer, market participants…
Ripple Highlights Institutional XRP Demand as CME Launches 24/7 Crypto Futures
In recent developments, ripple is framing CME’s 24/7 crypto futures launch as a response to institutional demand, citing XRP futures as evidence, with Ripple Prime serving as a day-one clearing…
Nobitex Sanctions Hit Iran’s Largest Crypto Exchange as Compliance Risks Grow
In recent developments, the U.S. Treasury Department sanctioned Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, placing a sharper compliance spotlight on crypto flows…
Crypto PACs pour $3M into Maryland races as California voters head to polls
In recent developments, an affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of…
Bitcoin Traders Defend $62,000 Support as $171M Liquidation Wave Hits Top Crypto
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