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A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring them to collect certain taxpayer and transaction information, including decentralized finance (DeFi) platforms. With a 292-132 vote, a bipartisan
Crypto payments firm Mesh announced on Tuesday it has raised $82 million to expand its stablecoin-based payments settlement network globally. The series B round was led by Paradigm, with ConsenSys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna and AltaIR Capital participating.
What was shaping up to be another down day in markets has reversed in Tuesday afternoon U.S. trading after Ukraine agreed to a Trump administration proposal for a 30-day ceasefire in its war with Russia. Russia has yet to weigh in, but
ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), said on Tuesday it has completed its first tokenized real-world asset (RWA) issuance starting with gold-backed tokens. The tokens, available to accredited investors, each represent one kilogram of gold
Paraguayan agencies are ready to integrate the crypto sector. All that’s missing is the legislation. That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating cryptocurrencies in El Salvador. “From
After years in which crypto insiders desperately sought to get the attention of the U.S. Congress, the pro-digital-assets witnesses at the latest congressional hearing on stablecoins include a senior executive from the Bank of New York Mellon Corp. and a Davis Polk
One of the foremost projects aiming to increase the speed of the Ethereum network is ramping up its work on the world’s original blockchain: Bitcoin. Ethereum layer-2 Starknet, in partnership with BTC wallet Xverse, is aiming to deliver a “full DeFi experience
Robinhood’s (HOOD) crypto trading volumes took a steep hit in February, tumbling 29% from the previous month in a retail-trader-led decline that might carry a message for other platforms including Coinbase (COIN). The month-over-month drop to $14.4 billion outpaced declines in equities
Bitcoin (BTC) held by Mt. Gox, the defunct crypto exchange that imploded in 2014, was on the move again on Tuesday following last week’s maneuver, a potential sign of resuming creditors payout after distributing crypto assets worth billions last year. A Bitcoin
“Is it safe?” For any crypto investors with any cash remaining, that’s the key question following the collapse in prices. 10X Research’s Markus Thielen had been correctly bearish headed into this latest downturn and he’s not yet ready to buy the dip.