Category: crypto

The Blockchain Association proposed crypto tax reforms during a meeting with House Ways and Means Committee offices on Capitol Hill. The reforms include taxing staking rewards only upon sale, privacy-focused reporting rules, and clarity for non-custodial platforms. The group aims to modernize digital asset tax policy and support compliance while strengthening U.S. competitiveness.

Bitcoin Depot in the U.S. now requires identification for every transaction on its crypto ATM network. The company aims to prevent fraud and misuse with continuous verification. This comes as regulators are scrutinizing the company for not implementing proper safeguards. Other states have also taken steps to tighten oversight of crypto ATMs due to misuse.

Anchorage Digital, a U.S. crypto bank, disclosed holding perpetual preferred stock issued by Strategy, a leading corporate Bitcoin treasury firm. Strategy recently acquired its 100th Bitcoin, bringing total holdings to over 717,000 BTC. The move aligns Anchorage with Strategy’s Bitcoin strategy and may support future initiatives, including a potential IPO.

Hong Kong plans to introduce new licensing rules for digital asset dealers and custodians to strengthen its position as a global digital asset hub. The government will also approve stablecoins and support tokenization initiatives to enhance market liquidity and boost tax transparency. These reforms aim to create a comprehensive regulatory framework for innovation and investor…

Coinbase CEO Brian Armstrong warns that proposed stablecoin rules in the UK could hinder the country’s competitiveness in the digital finance sector. The Bank of England is considering capping stablecoin holdings for individuals and businesses, with critics concerned that this could limit innovation. A petition to rethink these regulations has garnered over 80,000 signatures.

Nakamoto, a bitcoin treasury firm, acquired BTC Inc. and UTXO Management in a $107.3 million all-stock deal. This consolidation aims to scale Bitcoin media and treasury operations. The acquisition includes Bitcoin Magazine and The Bitcoin Conference. Nakamoto plans to use recurring revenues from media and advisory services for further BTC accumulation and expansion.

Vitalik Buterin stated at an event in Chiang Mai that Bitcoin prioritized decentralization over privacy, leading to under-optimized privacy features. Early crypto systems relied on centralized entities for privacy. Advances like zk-SNARK now allow Ethereum to experiment with on-chain privacy tools that Bitcoin lacks. Buterin’s comments highlight Bitcoin’s design trade-offs.

Binance will remove 19 margin trading pairs on February 26 due to low liquidity, volume, and risk concerns. Users must close or adjust their positions before the deadline to avoid automatic liquidation. The decision is part of Binance’s efforts to protect user security and market stability in margin markets.

France has experienced over 40 crypto-related kidnappings since 2023, with a 75% increase in wrench attacks. The crimes are organized by overseas gangs targeting individuals with visible wealth, mainly young male investors, entrepreneurs, or influencers. CertiK reports losses above $40.9 million, with physical assaults increasing by 250%.

Hong Kong-based RedotPay is considering a U.S. IPO that could raise over $1 billion and value the company at more than $4 billion. The firm offers stablecoin-powered payment solutions and has reached unicorn status after raising $194 million in 2025. This move comes amid a resurgence in crypto IPOs.