Crypto industry calls on Congress to block new DeFi broker rules
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules....
12-30 09:34
US Tax Agency to Regulate DeFi Platforms as Brokers, Mandates Gross Proceeds Reporting
Starting in 2027, these brokers must report gross proceeds from cryptocurrency and digital asset sales.
The regulator estimates that 650 to 875 DeFi brokers will be affected....
12-30 09:34
MiCA Threatens USDT’s Future in Europe as Potential Ban Looms in 4 Days
Missing compliance deadlines, USDT raises concerns about liquidity and transaction costs.
Criticism of USDT rises over audit practices and halted coin minting....
12-30 09:34
Real World Assets (RWA) 2025 Predictions: Top 5 Tokens to Watch Out For
MANTRA and Ondo led 2024 gains, with OM targeting $3.36 support and ONDO needing to reclaim $1.48....
12-30 09:34
Volatility Shares Targets Solana Futures ETF in Latest SEC Filing
Volatility Shares has filed for a Solana futures-based exchange-traded fund. (ETF)....
12-30 09:34
3 major developments that spurred crypto adoption in 2024
The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve....
12-30 09:34