US Lawmakers Press IRS to Revisit Crypto Staking Tax Treatment
A bipartisan group of US House lawmakers is urging the IRS to reassess how crypto staking rewards are taxed, citing concerns over double taxation and market participation.
A bipartisan group of US House lawmakers is urging the IRS to reassess how crypto staking rewards are taxed, citing concerns over double taxation and market participation.
Hong Kong’s insurance regulator is considering new capital rules that would impose a full risk charge on crypto assets while aligning stablecoin treatment with underlying fiat risk.
Wyoming Senator Cynthia Lummis, a leading pro-crypto voice in Congress, said she will not seek reelection in 2026, raising questions about future crypto legislation.
Citigroup reaffirmed its positive view on crypto-related equities despite sharp sector declines, citing long-term institutional adoption and resilient business models.
The Tezos art ecosystem recorded strong institutional adoption and artist growth in 2025, driven by museum partnerships, global events, and NFT sales.
JPMorgan projects stablecoin supply could reach up to $600 billion by 2028, citing steady growth driven mainly by crypto trading rather than payments adoption.
Poland’s lower house has approved a revived crypto bill aligned with the EU’s MiCA framework, sending the unchanged legislation to the Senate for review.
The European Central Bank plans to enable blockchain-based settlement in central bank money in 2026, as EU lawmakers continue debating privacy rules for the digital euro.
The SEC is seeking multi-year officer and director bans against former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh.
DraftKings has launched a standalone predictions app regulated by the CFTC, expanding into federally supervised event contracts and intensifying competition in prediction markets.
Binance is exploring a potential return to the US market, considering changes to Binance.US ownership and compliance structure amid a shifting regulatory climate.
Fetch.ai says its AI agents will soon be able to complete online purchases using card payments and stablecoins, addressing a key limitation in agent-based commerce.
SoFi Technologies has introduced SoFiUSD, a fully reserved US dollar stablecoin issued by its regulated banking subsidiary to support payments and settlement use cases.
Intuit announced a multi-year partnership with Circle to integrate USDC and stablecoin infrastructure into its financial platforms to support faster and lower-cost payments.
World Liberty Financial has proposed allocating 5% of its WLFI treasury to expand adoption of its USD1 stablecoin through partnerships and ecosystem incentives.