BREAKING: U.S. House Ways and Means Committee sets Sept. 16 markup for crypto tax rules — Bloomberg.
• Sets threshold for small tax-exempt sales.
• Defers miner tax liabilities until BTC sale.
• Extends wash-sale restrictions to crypto.
@headlines
• Sets threshold for small tax-exempt sales.
• Defers miner tax liabilities until BTC sale.
• Extends wash-sale restrictions to crypto.
@headlines
LATEST: 🇬🇧Two crypto entrepreneurs donated a combined £72 MILLION to Reform UK, the right-wing British political party led by Nigel Farage, per BBC.
Ben Delo and Christopher Harborne each gave a record £36 MILLION. Harborne had already donated £9 MILLION in August.
Delo said he wanted to give Reform a “fair fight” at the next election.
Reform said the money would help hire “the brightest and best minds to work on policy and the most comprehensive plan for government ever”.
The donations come as police investigate allegations that senior party figures discussed disguising donations from foreign backers. Reform denies wrongdoing.
@headlines
Ben Delo and Christopher Harborne each gave a record £36 MILLION. Harborne had already donated £9 MILLION in August.
Delo said he wanted to give Reform a “fair fight” at the next election.
Reform said the money would help hire “the brightest and best minds to work on policy and the most comprehensive plan for government ever”.
The donations come as police investigate allegations that senior party figures discussed disguising donations from foreign backers. Reform denies wrongdoing.
@headlines
🚨 Minority Leader Chuck Schumer calls Sunday caucus on crypto bill — Politico
• Routine closed-door meeting convened ahead of major votes.
• Ethics provisions remain key sticking point for Democrats.
@headlines
• Routine closed-door meeting convened ahead of major votes.
• Ethics provisions remain key sticking point for Democrats.
@headlines
🚨SHOCKING: Mexican authorities seized 300 GPUs from a suspected illicit crypto mining operation near a hydroelectric dam.
Investigators are examining whether the site was stealing electricity from the dam.
It is the fourth such operation found in the same area of Puebla since early 2025.
Chainalysis says cartels are increasingly using crypto mining to launder money in areas with cheap or stealable power, per Reuters.
@headlines
Investigators are examining whether the site was stealing electricity from the dam.
It is the fourth such operation found in the same area of Puebla since early 2025.
Chainalysis says cartels are increasingly using crypto mining to launder money in areas with cheap or stealable power, per Reuters.
@headlines
BREAKING: Michael Saylor's Strategy Bitcoin position unchanged at 845,050 BTC
- No BTC buys / sells past 2 weeks.
- Bought back $139M worth of STRC stock.
@headlines
- No BTC buys / sells past 2 weeks.
- Bought back $139M worth of STRC stock.
@headlines
JUST IN: 50,000 signatures forced South Korea review on 2027 crypto tax.
• Petition triggered mandatory parliamentary debate.
• Planned 22% tax on annual gains over $1,850.
@headlines
• Petition triggered mandatory parliamentary debate.
• Planned 22% tax on annual gains over $1,850.
@headlines
🚨INSANE: A Polish state energy company paid $230 MILLION in USDT loaded onto USB sticks for Venezuelan oil that was never delivered.
The deal was struck at a yacht party in Abu Dhabi with a Dubai-based trader founded just two and a half years earlier.
Because of US sanctions, $230 MILLION was converted to USDT and loaded onto USB drives that were physically handed over inside hotels and restaurants in Caracas.
Six tankers were sent to collect the oil and sat empty off the coast of Venezuela for months.
Venezuela's state oil company says it never received a cent.
Three former executives have been criminally charged, with total losses reaching $424 MILLION, per FT.
@headlines
The deal was struck at a yacht party in Abu Dhabi with a Dubai-based trader founded just two and a half years earlier.
Because of US sanctions, $230 MILLION was converted to USDT and loaded onto USB drives that were physically handed over inside hotels and restaurants in Caracas.
Six tankers were sent to collect the oil and sat empty off the coast of Venezuela for months.
Venezuela's state oil company says it never received a cent.
Three former executives have been criminally charged, with total losses reaching $424 MILLION, per FT.
@headlines
🚨HUGE: BlackRock has bought $1.08 BILLION of Bitcoin over the past 20 days through its IBIT ETF.
Inflows came on 7 of those 20 days, while Grayscale's GBTC net sold $254.7 MILLION in the same period, per Arkham.
@headlines
Inflows came on 7 of those 20 days, while Grayscale's GBTC net sold $254.7 MILLION in the same period, per Arkham.
@headlines
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JUST IN: 🇺🇸 Treasury Secretary Bessent says Clarity Act gives U.S. stronger tools to fight illicit finance.
"We aim to keep America the crypto capital of the world."
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"We aim to keep America the crypto capital of the world."
@headlines
JUST IN: 🇷🇺 Russian broker MOEX, serving 40 million clients, to launch Bitcoin perpetual futures.
🔸Access limited strictly to qualified investors.
@headlines
🔸Access limited strictly to qualified investors.
@headlines