Forwarded from Zoomer News
TradeXYZ Buys Back $HYPE With 12% Of Their Collected Revenue Following Speculations On Whether They Are Raising Fresh Money: Onchain
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Forwarded from unfolded.
Senate delays Clarity Act vote until after August recess, Thune confirms β link | AI comment
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Forwarded from Zoomer News
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Forwarded from Ahboyash Reads
IRAS (Singapore's tax agency) new framework: crypto-asset service providers must collect user data and report transaction info, data collection to begin in 2027
β’ Full trade surveillance from 2027: Exchanges must track and aggregate every user's crypto-fiat trades, crypto-to-crypto trades, retail payments >USD 50k, and withdrawals (including transfers to self-custody/unknown wallets)
β’ Auto-reporting to tax authorities from 2028: All that data goes to IRAS, then gets automatically exchanged with the user's tax residence jurisdiction -> meaning your trading volumes and offramp activity become visible to your home tax authority
Source (as of 31 July 2026)
β’ Full trade surveillance from 2027: Exchanges must track and aggregate every user's crypto-fiat trades, crypto-to-crypto trades, retail payments >USD 50k, and withdrawals (including transfers to self-custody/unknown wallets)
β’ Auto-reporting to tax authorities from 2028: All that data goes to IRAS, then gets automatically exchanged with the user's tax residence jurisdiction -> meaning your trading volumes and offramp activity become visible to your home tax authority
Source (as of 31 July 2026)
Forwarded from Zoomer News
Anthropic Will Now Watermark Text And Files Its Models Generate, To Comply With European Regulation: TechCrunch
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