Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens. The Crypto Council for Innovation (CCI) and Blockchain Association (BA) are seeking to block Illinois from enforcing a 0.2% tax on cryptocurrency transactions before it takes effect in...Continue Reading
BitMart provided no asset figures or withdrawal timetable and will launch a feedback portal within five working days during a financial adviser review. BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish the restructuring and business resumption roadmap it said it...Continue Reading
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains tax-free after one year of holding. The German Federal Ministry of Finance reportedly issued a draft proposal to transition cryptocurrency trading profits to the standard 25% flat-rate tax starting in 2028. The...Continue Reading
From the whereabouts of the CryptoQueen to a mysterious death involving a DeFi builder paranoid about the “pedo elite,” here are 10 crypto mysteries that still have no good answer. In an industry built on transparency and verifiability, newcomers might assume that crypto and blockchains leave very little room for mystery. They’d be completely wrong...Continue Reading
The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP. [Update, Sept. 9, 1 p.m. UTC: Updates LAPTOP’s price performance and volume after its first hour of trading.] Hunter Biden’s LAPTOP memecoin fell 95.7% in its hour of trading on Wednesday,...Continue Reading
Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities. Italy’s central bank, Banca d’Italia, ordered mandatory sanctions screening for cryptocurrency transfers to help curb illicit flows across the EU. The bank said that crypto asset service providers (CASPs) must put policies and internal controls in...Continue Reading
The US Senate has a limited window to pass a crypto market structure bill, but if it were to fail, the legislation could be completely remade or scrapped under Democrats in 2027. With lawmakers in the US Senate set to consider legislation pushed by many in the cryptocurrency industry for regulatory clarity, there’s a limited...Continue Reading
Metaplanet’s executive stock pool continues to draw backlash over dilution concerns, as investors urged the company to freeze the exercise rights tied to 273 million shares. Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option...Continue Reading
Alan Lane said a “coordinated attack” by the Biden administration made Silvergate’s continued operation untenable and prompted its liquidation. Former Silvergate Bank CEO Alan Lane said political and regulatory pressure from the Biden administration drove the crypto-focused lender’s voluntary wind-down in 2023, arguing that the bank remained solvent after weathering a deposit run. In an...Continue Reading
Bitcoin aggregate onchain profit entered its fourth week, but a popular analyst warned that BTC price “downside risk” remained in place. Bitcoin (BTC) is breaking with typical bear-market behavior as a classic onchain metric puts in its longest bullish streak of 2026. Key points: Read moreContinue Reading
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