BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
House lawmakers have unveiled a crypto tax bill built around a proposed $10 fee exemption, and it is headed toward a committee markup. What the exemption actually covers, and whether it survives, is still unsettled.
S. funds tracking the meme coin pulled in just over $12 million across roughly 10 months, while rival XRP and Solana ETFs vacuumed up more than $3 billion over the same stretch.
Crypto scammers hijacked the official X account of Peru's Ministry of Economy and Finance and used it to push a fake token, according to a single-source report that has not been independently confirmed.
The Wyoming Stable Token Commission is switching the cross-chain infrastructure behind its state-backed stablecoin, moving from LayerZero to Chainlink's CCIP and citing security failures as the reason.
The White House has agreed to new ethics language in the CLARITY Act, according to reporting on the closely watched crypto market-structure bill. The scope of that agreement, and what the revised wording actually says, still needs verification.
House Ways and Means Committee Republicans are reportedly weighing whether to drop crypto tax provisions covering mining and staking from a broader digital asset package, a move that would reshape how newly minted tokens are taxed if it survives to a final vote.
Seventy-seven state banking associations are pushing to reshape the CLARITY Act, asking lawmakers to write in a ban on balance-based stablecoin rewards. The request puts a specific target on one thing: rewards paid out based on how much stablecoin a holder keeps parked.
Two crypto billionaires just handed Reform UK a war chest that no British political party has ever declared. In under 48 hours, Nigel Farage's party reported £72 million in matching donations, an amount one crypto outlet pegged at roughly $97 million, and it has rewritten the record books on UK political funding.
Hey Wallet is pulling the plug. The Solana-based service says it is sunsetting its products, and users have until November 1, 2026, to back up their wallets before it goes dark.
According to the DOJ, Tether assisted in the restraint of the funds, per Justice Department records . The department framed Tether as a contributor to the action, not the sole actor behind it.
Nasdaq is reportedly writing a $100 million check to Payward, the parent company of crypto exchange Kraken, in a deal that would value the business at a staggering $21 billion. But here is the catch: no primary source has confirmed the terms, and the two sides have said nothing on the record.
Senate Republicans have unveiled fresh CLARITY Act text ahead of a September 15 vote, according to unconfirmed reports. The claim, tied to the crypto market-structure bill known as the CLARITY Act, could not be matched to any official Senate release, sponsor list, or vote calendar at press time.