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US lawmakers publish crypto tax proposal without Bitcoin tax exemption
The bill proposes exempting dollar-pegged stablecoins from gains or losses if the tokens remain tightly pegged to the underlying fiat currency.
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Coinbase standoff over stablecoin reward CLARITY is now holding up rules for the entire US crypto market
The stablecoin yield fight has once again consumed the CLARITY Act debate on Capitol Hill, and the cost of that consumption is now measurable. The bill stalled in January when Coinbase objected to its terms, a White House meeting in February failed to break the deadlock, and by March, the calendar i
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Australia fines local Binance unit $6.9M over client onboarding failures
An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products.
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Vietnam arrests ONUS-linked suspects in alleged crypto fraud case
Vietnam detained ONUS-linked suspects in an alleged token fraud case as police described price manipulation, false promotions and centralized market control.
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NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7%
NVIDIA shares, NVDA, fell 7% on Thursday after a US federal judge allowed an investor lawsuit to proceed as a class action, reviving allegations that the company and CEO Jensen Huang concealed more than $1 billion in crypto-mining–related graphics card sales. NVIDIA Accused Of Hiding $1 Billion In C
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US lawmaker presses Kansas Fed over Kraken master account approval
Kraken's Wyoming-chartered banking unit became the first crypto-native company to secure a Federal Reserve Master Account in March.
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UK targets crypto network behind Southeast Asia scam centres in first-of-its-kind sanctions move
The UK has sanctioned a crypto marketplace linked to Southeast Asia scam centres
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David Sacks Leaves White House Crypto Role With Key Legislation Still Unresolved
Sacks will continue advising the White House on technology policy as Congress debates market structure legislation that has formed the core of the administration’s crypto agenda.
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Trump Policy Has Crypto Privacy Developers in a 'Very Bad State', Says Coin Center
The Trump DOJ has said it won't prosecute crypto software developers. But it's doing so anyway, and getting "binding legal clarity" is a major concern, says Coin Center's executive director.
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Hong Kong expands police powers to access encrypted devices, raising privacy concerns for crypto users
Hong Kong’s new rules could impact travelers and crypto users.
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A new US rule wiped $5B off Circle — but it may hurt Coinbase more
Circle, the issuer of USD Coin (USDC) stablecoin, saw its stock plunge 20% this week, erasing $5 billion in market capitalization in its steepest intraday drop since going public. The sell-off happened on the same day Tether announced it had secured a ‘Big Four' accounting firm to undertake a full a
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Anchorage becomes first federally chartered US firm to bring Tron ‘inside the regulatory perimeter’
Tron is a top chain for stablecoin usage, though it has largely operated outside the U.S. due to regulatory concerns.