A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible taxpayers. Crypto investors who failed to report trades in previous years may soon breathe a sigh of relief thanks to legislation currently advancing in the US Congress. Section 502 of the Digital...Continue Reading

Nine public companies objected to having their shares offered in tokenized form by OKX and ICE, testing whether platforms can create blockchain-based markets without issuer consent. Nine listed companies have formally objected to having their shares offered in tokenized form on the proposed tokenized stock platform backed by OKX and Intercontinental Exchange (ICE), the parent...Continue Reading

Strategy added 267 Bitcoin to its holdings as it bought back 1.94 million STRC shares and boosted its preferred stock buyback program to $3 billion. Michael Saylor’s Strategy, the world’s largest publicly traded corporate Bitcoin holder, continued buying Bitcoin last week while spending nearly nine times as much repurchasing its preferred stock. Strategy bought 267...Continue Reading

World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain. World Liberty Financial’s USD1 stablecoin has shed over $400 million in market capitalization over the past two weeks, driven by large redemptions on Ethereum and BNB Chain.  On Monday, CoinGecko...Continue Reading

ESMA’s latest MiCA register update includes BingX, YouHodler and Banco Santander’s Openbank, bringing the total to 375 unique CASPs. The European Union’s Markets in Crypto-Assets Regulation (MiCA) register added nine crypto-asset service providers (CASPs), including BingX, bringing the total to 375 unique providers. The European Securities and Markets Authority’s (ESMA) Friday register update included crypto...Continue Reading

Analysts expect Bitcoin to retest $80,000 support again as stock markets attempt to recover last week’s losses. Bitcoin (BTC) starts the third week of October at $82,000 as crypto and stock markets begin a tentative rebound. Key points: A lighter week of US macro data prints will shift the market’s attention to corporate earnings as...Continue Reading

France’s National Assembly adopted a crypto tax amendment targeting certain stablecoin swaps, while separate proposals on exit taxes and self-custodial wallet reporting remain under consideration. French lawmakers narrowly approved a new crypto tax amendment on Friday that could make crypto-to-stablecoin swaps taxable events starting in 2027. France’s National Assembly adopted Amendment I-3898 on Friday, with...Continue Reading

JPMorgan is reportedly expanding its JPM Coin deposit token to Ethereum, allowing institutional clients to make payments and settle tokenized asset transactions. JPMorgan Chase, the world’s biggest bank by market capitalization, is expanding its JPM Coin deposit token to Ethereum, Bloomberg reported on Monday. JPM Coin represents US dollar deposits held at JPMorgan and lets...Continue Reading

US spot Ether ETFs recorded around $955 million in October net outflows so far, while Bitcoin funds extended their weekly withdrawal streak to two weeks. US spot Bitcoin and Ether exchange-traded funds (ETFs) saw $549 million in net outflows last week as investors continued pulling money from two of the largest crypto funds. Bitcoin ETFs...Continue Reading

Sam Altman-backed World has rolled out biometric verification badges for Zoom enterprise users, aiming to combat AI deepfake impersonation and fraud. Zoom enterprise customers will now be able to see “proof of human” badges to verify that people appearing on video calls are real, after a global rollout of biometric identity technology from World.  On...Continue Reading