Bitcoin struggled to breach $70,000 this month, while inflation rates decreased in Japan and some countries reevaluated crypto tax codes. The taxman cometh. In February, the tax authorities of four countries began to reconsider how they tax crypto. In the US, the number of crypto ATMs hit nearly 40,000, returning to 2021 levels of interest...Continue Reading
Several analysts forecast Bitcoin extending its bear market into late 2026, with potential cycle lows between $30,000 and $45,000 backed by rising exchange reserves. Bitcoin (BTC) sellers returned on Friday, pulling BTC price 5.5% below Wednesday’s high of $70,000 to trade at $65,950 at the time of writing. Several analysts said Bitcoin is “going much...Continue Reading
The UK lender is reportedly seeking a technology partner to support blockchain-based payments and deposits as stablecoin adoption accelerates across finance and Big Tech. UK banking giant Barclays is reportedly exploring blockchain technology for core banking services, the latest sign that major financial institutions are evaluating digital ledger infrastructure to modernize legacy systems. Citing people...Continue Reading
The EU’s new crypto tax rules will require platforms to report user data and transactions, reshaping tax transparency for digital assets starting in 2026. The EU’s new crypto tax rules do not introduce new taxes but expand tax transparency by ensuring that crypto transactions are reported and shared across member states. Reporting obligations fall primarily...Continue Reading
South Korea’s National Tax Service reportedly published a wallet seed phrase in a press release, and tokens worth $4.8 million were swiftly drained in the latest custody blunder for the authorities. South Korea’s National Tax Service (NTS) accidentally exposed a crypto wallet seed phrase in an official press release on Thursday, leading to a loss...Continue Reading
Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day. Bitcoin (BTC) slid further into Friday’s Wall Street open as US inflation data overshot expectations. Key points: Bitcoin price downside strengthens as US inflation data comes in hot. Read moreContinue Reading
Any rollout would still require strict affordability and suitability checks, and crypto activity would need FCA authorization, Gambling Commission executive Tim Miller said. The United Kingdom’s Gambling Commission is exploring how cryptocurrency could be used for payments at licensed online casinos, as the country prepares to bring more crypto activity under a new regulatory regime...Continue Reading
PYUSDx lets developers issue app-specific stablecoins backed by PayPal USD with fast launch, cross-chain support and branded token options. Payment giant PayPal is expanding access to its stablecoin through a new platform it says will allow devleopers to create their own US dollar-pegged tokens backed by PayPal USD. PayPal, MoonPay and stablecoin platform M0 on...Continue Reading
Sentient launched Arena, a production-style platform to test AI agents on enterprise tasks, with Pantera and Franklin Templeton joining the initial cohort. Pantera Capital and Franklin Templeton’s digital assets unit have joined the first cohort of Arena, a new testing environment from open-source AI lab Sentient that is designed to evaluate how AI agents perform...Continue Reading
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