The recent repeal of the IRS’s “DeFi Broker Rule” by President Donald Trump stands as a significant milestone that may redefine the cryptocurrency landscape in the United States. Signed into law on April 10, this legislative shift not only prevents the implementation of burdensome tax reporting requirements on decentralized finance (DeFi) platforms but also ensures
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The volatile arena of cryptocurrencies has been every bit as responsive to political maneuvers as traditional markets, with recent actions taken by U.S. President Donald Trump significantly influencing this digital frontier. His trade war, which began with a sweeping announcement mandating tariffs of at least 10% on all nations, has led to a tumultuous week
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In a shocking decision, the Department of Justice (DOJ) recently announced the dissolution of the National Cryptocurrency Enforcement Team (NCET), a specialized unit aimed at combating the rising tide of criminal activity in the digital asset sector. This alarming choice, spearheaded by Deputy Attorney General Todd Blanche, has sparked outrage among a group of prominent
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In a dramatic legal confrontation, Coinbase has taken a stand against the Federal Deposit Insurance Corporation (FDIC) over what it perceives as blatant attempts to delay transparency concerning the agency’s interactions with cryptocurrency firms. On April 10, Coinbase’s Chief Legal Officer, Paul Grewal, publicly decried the FDIC’s request for a 16-day extension on document releases
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The world of online gaming has long been associated with both entertainment and, increasingly, monetization. As blockchain technology makes its foray into this world, we observe a paradigmatic shift with initiatives such as Immutable’s newly launched Perpetual Rewards programme. While gaming rewards are not a new concept, this programme carries the unmistakable weight of innovation,
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Bitcoin (BTC), once dismissed as a fleeting phenomenon or the ultimate speculative gamble, has transitioned into a different realm altogether. Today, this cryptocurrency is increasingly recognized as a macro asset with serious potential. In the face of relentless market fluctuations, seasoned analysts like Matt Hougan from Bitwise argue that the foundational changes in Bitcoin’s ownership
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The cryptocurrency market has been notoriously volatile, but recent events have heightened concerns among investors. The staggering fall of Ethereum’s price to $1,400 has not just made headlines; it has sent shockwaves throughout the digital assets community. This drop, attributed in part to a massive sell-off orchestrated by World Liberty Finance, a decentralized finance initiative
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