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Crypto
European Commission Calls on 12 Countries to Implement Crypto Tax Rules
The European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules for digital assets.In its January infringements…
SoFi Reports Record Q4 Earnings as Crypto, Stablecoin Push Expands
SoFi Technologies reported record fourth-quarter revenue of $1 billion as the US fintech bank reintroduced consumer crypto-based products.According to its earnings report released…
Gold Takes the Lead as Dollar Slides, BTC Recast as Companion
Bitcoin (BTC) has long been promoted by its most ardent supporters as a hedge against monetary debasement, but as the US dollar slides to multi-year lows, the market’s clearest…
Coinbase and JPMorgan CEOs Clashed over Market Structure Bill at Davos
JPMorgan Chase CEO Jamie Dimon reportedly confronted Brian Armstrong during a coffee chat at Davos last week, telling the Coinbase CEO to stop lying about banks trying to sabotage…
DeFi Stays Outside Rules as Regulators Tighten Elsewhere
The European Union’s new crypto tax reporting regime under DAC8 is intentionally focused on enforceable targets, leaving decentralized finance (DeFi) outside its scope for…
Bitcoin Loses Ground in Global Asset Rankings After Violent Selloff
Bitcoin’s sharp reversal this week has pushed it outside the world’s 10 largest assets by market capitalization, underscoring how difficult price action has been in recent months…
Nubank Wins Conditional Approval for US National Bank Charter
Nubank has received conditional approval from the US Office of the Comptroller of the Currency (OCC) to form a national bank, a step that allows the fintech to offer deposits,…
Trump Picks Kevin Warsh as Next Federal Reserve Chair
US President Donald Trump said Friday he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as chair of the US central bank, setting the stage for a…
What Role Is Left for Decentralized GPU Networks in AI?
Decentralized GPU networks are pitching themselves as a lower-cost layer for running AI workloads, while training the latest models remains concentrated inside hyperscale data…
Bitcoin More ‘Undervalued’ Than During All Previous Bear Markets, Data Says
Bitcoin's MVRV Z-score printed record lows on a rolling two-year basis, making BTC price more "undervalued" than at the pit of past bear markets.This article does not contain…