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IRS clears staking rewards on crypto etf

IRS Unlocks Crypto Staking for ETFs and Trusts With New Safe Harbor Rules

The IRS has approved a major policy update that allows crypto ETFs and trusts to stake digital assets and share rewards with retail investors...

June1 day ago

Cryptocurrency

Bank of England Targets Stablecoin Risks With Aggressive New Regulatory Framework

The Bank of England has revealed a sweeping plan to regulate stablecoins, proposing strict backing rules, holding limits, and direct oversight of systemic stablecoin...

Satpal S2 days ago

trump_announces_$2000_tariff_dividend_here_is_how_it_will_affect

Cryptocurrency

Trump Promises $2,000 Tariff Dividend for Americans as Supreme Court Scrutinizes His Tariff Power

Former President Donald Trump claims Americans will soon receive a $2,000 tariff dividend, arguing his sweeping trade tariffs will directly benefit households. Analysts warn...

Samarth3 days ago

Cryptocurrency

Italian Banks Sound Alarm: Digital Euro Costs Too High, Demand ECB Spread Investment Over Years

Italy’s top banks say they support the Digital Euro push, calling it a crucial step toward European digital sovereignty. But they warn the ECB’s...

Satpal S3 days ago

Business

Franklin Templeton opens an on-chain money fund on the Aptos Blockchain

The Franklin Templeton U.S. Government Money Fund (FOBXX) is now live on the Aptos blockchain. This is the first time a money market fund...

AlexOctober 2, 2024

Cryptocurrency

SEC Takes Action: Appeals Ruling in Ripple Lawsuit

In its ongoing legal fight with Ripple Labs, the SEC has filed an appeal to try to overturn a decision that sided with Ripple...

AlexOctober 2, 2024

Cryptocurrency

Kraken will end support for Monero in the European Economic Area due to regulatory pressures

According to new rules, Kraken will stop dealing Monero in the European Economic Area. Users must take out their money by December 31, 2024,...

Satpal SOctober 2, 2024

Business

The SEC Enforcement Chief, Gurbir Grewal, is expected to depart amid speculation regarding potential policy modifications

There will be a change in Gurbir Grewal's job on October 11. He is the chief prosecutor for the SEC. He has been in...

AlexOctober 2, 2024

Cryptocurrency

The Fidelity Ethereum Fund suffered a record loss of $25 million in one day

On October 1, the Fidelity Ethereum Fund dropped $25 million. That was the most money it had ever lost in one day. That's proof...

AlexOctober 2, 2024

Cryptocurrency

Bitcoin ETFs risk a $242.6 million outflow due to Middle East tensions, the highest decline in a month

A lot of money has been taken out of U.S. Bitcoin exchange-traded funds (ETFs) in one dayâ€”a total of $242.6 million. This is because...

Satpal SOctober 2, 2024

Business

Blockchain is safe from patent trolls thanks to COPA and Unified Patents that work together

The "Blockchain Zone" project was made by the Cryptocurrency Open Patent Alliance (COPA) and Unified Patents to keep patent thieves out of the blockchain...

ContributorOctober 1, 2024

Business

Bitwise is ready to start the XRP ETF and has registered it in Delaware

Bitwise has taken an important step toward establishing an XRP exchange-traded fund (ETF) by registering the product in Delaware. Ripple Labs and the SEC...

AlexOctober 1, 2024

Cryptocurrency

CME Group’s Bitcoin Friday Futures achieve a record launch day with over 31,000 contracts

The Chicago Mercantile Exchange (CME) Group's Bitcoin Friday Futures (BFF) offering went live smoothly, with 31,498 contracts traded on the first day. This new...

AlexOctober 1, 2024