The United States Internal Revenue Service (IRS) issued new regulations targeting decentralized finance (DeFi) companies and their users. According to the document published by the agency, DeFi companies will be required to collect and report detailed information about customers and their transactionsaligning with the tax obligations of traditional brokers. IRS notes that DeFi platforms will … Read more
Regulatory changes are required in the US for banks to participate. “I don’t know if it will happen soon, but it will happen,” says the director of SG-Forge. Traditional banks are considering entering the stablecoin business, inspired by the example of Tether Limited and its USDT stablecoin. According to representatives of traditional financial institutions such … Read more
The president-elect says he seeks to guarantee freedom of expression. The law “may set a dangerous precedent,” says Trump. US President-elect Donald Trump formally asked the Supreme Court to pause the implementation of a law that could ban the Chinese social network TikTok in the country. trump argues that he should have time after taking … Read more
The U.S. Centers for Disease Control and Prevention said this week that a genetic analysis shows the bird flu virus had mutated inside a Louisiana patient, the country’s first serious case of the disease. Scientists believe the mutation may allow the virus to better attach to receptors in the upper airways of humans – a … Read more
A US appeals court has halted enforcement of an anti-money laundering law that requires corporate entities to disclose the identities of their real beneficial owners to the US Treasury Department ahead of the deadline for most companies. The New Orleans-based 5th U.S. Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been … Read more
Strive, an asset management firm founded by Vivek Ramaswamy, filed an application with the United States Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) that would invest in convertible bonds linked to bitcoin (BTC) . This financial instrument, called “bitcoin bonds,” includes securities issued by MicroStrategy and other companies that use the … Read more
A bipartisan Senate Intelligence Committee report released Friday criticized the CIA’s response to so-called Havana syndrome health problems among its workforce, saying that many individuals “faced barriers to timely and adequate care.” The report sheds no new light on the causes of the headaches, nausea, memory loss, dizziness and other ailments, which were first reported … Read more
After months of waiting, the fate of Do Kwon, the South Korean businessman behind the Terra and Luna debacle, was finally known. Montenegro’s Justice Minister ultimately decided that Kwon will be extradited to the United States and not to his home country, South Korea. In a release released this Friday, the Montenegrin minister, Bojan Bozovic, … Read more
Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda and Uzbekistan will join the BRICS, as confirmed a few days ago by the Russian presidential advisor, Yury Ushakov. According to the information disseminated by the Russian agency Tass, these 9 countries will officially acquire status as partner members of the regional bloc starting January 1, 2025. … Read more
MicroStrategy and BlackRock, two of the most prominent entities in the digital asset space, have accumulated almost 1 million bitcoin (BTC) between them. According to the count of bitcoin holdings of the BTC exchange-traded fund (ETF) issued by BlackRock, known as IBIT, and MicroStrategy’s BTC treasury reserve; These companies hold approximately 4.7% of the total … Read more