US Congress Moves to Repeal IRS Rule Targeting DeFi Platforms
The US House and Senate have voted to repeal the IRS DeFi broker rule, citing privacy concerns and regulatory overreach. The repeal now awaits final approval.
Crypto Enthusiast and News Writer
Constance Mutharimi is a crypto enthusiast and News writer.His articles dive in both financial technology to create knowledge and awareness.
The US House and Senate have voted to repeal the IRS DeFi broker rule, citing privacy concerns and regulatory overreach. The repeal now awaits final approval.
The combination of Starknet with Ethereum as a settlement layer supports scaling Bitcoin transaction speed from 13 TPS to thousands. The initiative supports the advancement of OP_CAT as well as...
The SEC has delayed decisions on several cryptocurrency ETFs, including those for XRP, Solana, Litecoin, and Dogecoin, citing the need for additional review time amid ongoing leadership changes.
SEC delays XRP ETF applications from Canary Capital and Grayscale. Analysts speculate on BlackRock’s possible entry into the market amid regulatory uncertainties.
Bitcoin miners are moving large amounts of BTC to exchanges, intensifying selling pressure and raising concerns about further price declines.
Ethereum’s price drop below $2,000 has put major holders at risk of liquidation, forcing whales to top up collateral to avoid forced sell-offs.
The Senate Banking Committee will vote on an updated stablecoin bill on March 13, which introduces stricter rules for issuers and oversight.
Strategy unveils a $2.1B fundraising plan via an ATM equity sale to acquire more Bitcoin, emphasizing its long-term digital asset strategy.
A Solana whale withdrew 195,000 SOL from major exchanges, triggering bullish market sentiment as investors anticipate a potential price surge.
Large investors have accumulated over 180 million Cardano (ADA) tokens, signaling confidence in its long-term growth amid market fluctuations.
Mt. Gox transferred $931M in Bitcoin amid a market downturn, raising concerns over potential sell-offs as Bitcoin drops to $76K and Ethereum falls.
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