Crypto Industry Slams Illinois’ New Digital Asset Tax as ‘Most Punitive’ in U.S.
Illinois Governor JB Pritzker signed Senate Bill 3019 into law yesterday, making Illinois the first state in the country to…
HOT MOMENTS: Donald Trump Speaks – LIVE – “If There’s No Deal Within 60 Days, Iran Will Be Bombed Again”
The Trump administration, Iran, and mediators are reportedly considering moving forward the signing date of the memorandum of understanding reached…
Crypto industry aghast at Illinois’ new tax on holding or transferring digital assets in state budget
The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2%…
Florida Man ‘Bitcoin Rodney’ Pleads Guilty Over $1.8 Billion HyperFund Crypto Fraud
In brief Rodney Burton pleaded guilty to conspiring to run an unlicensed money-transmitting business tied to an alleged $1.8 billion…
Exclusive: Bloomberg Analyst Warns CLARITY Act Will Send Millions of Cryptos to Zero
The CLARITY Act is moving faster than most people expected and the stakes attached to it are higher than most…
Kentucky targets prediction markets, puts red state in potential clash with Trump team
Kentucky’s attorney general has sued leading prediction market firms Kalshi and Polymarket, accusing them of offering illegal sports betting without…
“Big Mistake:” Michael Saylor Slams Illinois 0.2% Tax on Bitcoin, Crypto Transactions
Strategy co-founder Michael Saylor has criticized Illinois’ crypto tax, which will take effect from next year. Other stakeholders in the…
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal
House Proposal Would Bring Crypto Trades Under Wash Sale Restrictions House Budget Chairman Jodey Arrington (R-TX) on June 17 issued…
Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms
New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset…
Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high
Summary The Bank of Japan raised its key interest rate by 25 basis points to 1 percent, the highest level…