Senate Reconciliation Bill Excludes Crypto Tax Breaks The United States Senate has recently approved President Trump’s comprehensive reconciliation bill, a significant legislative development. However, a notable outcome of this process is the exclusion of several key crypto tax exemptions that had been proposed. This decision means that various forms of tax relief, which were anticipated…
The cryptocurrency investment market is experiencing an extraordinary bullish run, recording $2.7 billion in net inflows last week alone. This marks an impressive eleventh consecutive week of positive flows, pushing the cumulative streak to a staggering $16.9 billion. These sustained inflows have propelled the total assets under management for crypto investment products above $184 billion,…
The National Bank of Kazakhstan is set to establish a state-managed cryptocurrency reserve, according to a recent report from government news agency Kazinform. This strategic move aligns Kazakhstan with a growing number of nations exploring sovereign digital asset holdings. The proposed reserve is anticipated to be funded through a combination of seized digital assets and…
President Donald Trump has vocally criticized the controversial practice of “debanking,” asserting that it poses serious risks to businesses. While not confirming an executive order to address the issue, Trump made it clear that the problem remains unresolved, particularly for the crypto space. His remarks underscore a growing political focus on ensuring fair access to…
South Korea has clinched the title of Asia’s top-performing stock market in the first half of 2025, a remarkable rally propelled by an aggressive embrace of digital assets. Under the new leadership of President Lee Jae-myung, the nation’s economic policies have undergone a dramatic transformation. This surge is largely attributed to Lee’s pro-crypto stance and…
A controversial battle is unfolding in rural Stanton County, Nebraska, where landowners are clashing with the Nebraska Public Power District (NPPD) over its use of eminent domain. The utility is condemning land for a new transmission line, a project primarily driven by the escalating electricity demands of a local Bitcoin mining company, Jigowatt. This dispute…
Coinbase, a leading cryptocurrency exchange, has earned a coveted spot on TIME’s 2025 list of the 100 most influential companies, recognized as a top disruptor. This honor signifies a major evolution for the company, transforming it from merely an exchange into a symbol of Web3’s normalization within global economic circles. Coinbase’s inclusion in the prestigious…
World Liberty Financial Inc., the decentralized finance platform affiliated with the Trump family, is significantly expanding its international reach through a new partnership with Re7 Labs, an innovation arm of London-based decentralized-finance hedge fund Re7 Capital. This collaboration signals a strategic move to bolster World Liberty’s USD1 stablecoin presence on Binance’s BNB Chain. The announcement…
Japan’s Financial Services Agency (FSA) has put forth a sweeping proposal for the reclassification of cryptocurrencies, a move poised to fundamentally reshape the nation’s digital asset landscape. This initiative is designed to pave the way for the launch of crypto exchange-traded funds (ETFs) and introduce a more favorable flat 20% tax on digital asset income.…
Federal Reserve Chair Jerome Powell has vocalized his support for cryptocurrency legislation before Congress, signaling that the United States stands to significantly benefit from increased regulatory clarity in the digital asset space. This endorsement from the nation’s top financial regulator marks a pivotal moment, suggesting a growing consensus on the need for a defined legal…
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