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The recommendation is detailed in a 93-page report and suggests a unified tax model for all digital assets. The council evaluated three frameworks for crypto taxation: capital gains, warehouse taxation, and inventory accounting. This initiative mirrors a growing international shift toward stricter tax enforcement on crypto and other financial assets. Italy is also tightening its stance. Vice Economy Minister Maurizio Leo recently announced plans to raise the capital gains tax on cryptocurrencies from 26% to 42%, specifically citing Bitcoin.

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The initiative is being launched in partnership with the Solana Foundation and is expected to drive innovation by offering infrastructure support and potential incentives.

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🕹️ Come play games in the Farcade!

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“Mango Markets was a burgeoning cryptocurrency platform, with a significant number of users, who put assets onto the platform looking to make a return through lawful means,” U.S. prosecutors said. “The defendant saw that as an opportunity for exploitation.”

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Efforts to Contact BTCMining’s Director Fail, Raising Concerns Over Wider Impact Investigators were unable to contact the company’s director, Stibich Martins Yhaicha Luzia. He had been the sole director since the company’s incorporation in Jan. 2024. Attempts to reach him through known email addresses and telephone numbers were unsuccessful. Additionally, the company’s websites became inactive or provided no new contact details.

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Apart from Sen. McCormick, Steve Daines of Montana owned a variety of different ETFs, which have since been sold. This includes ProShares Bitcoin Strategy ETF, Bitwise Crypto Industry Innovators ETF, Amplify Blockchain Leaders ETF, Vaneck Bitcoin Strategy ETF, and Valkyrie’s Bitcoin and Ether Strategy ETF.

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Still, the CFTC is cautious about the risks. The agency is asking for feedback on how 24/7 trading could affect trading, clearing and risk management. It is especially focused on areas like market integrity, customer protection and retail participation. Further, the agency also pointed to challenges in supervising a market that never closes.

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CN: Considering the digital asset landscape is highly competitive, which strategies enhance user engagement the most? BR: Our biggest focus is on community and experience. First, we bring in top-tier brands, like Marvel, Disney, DC, and even Ferrari and Coca-Cola. By doing so, there’s always something exciting for every fan. Exclusive drops of popular characters or comics generate a ton of buzz and give collectors the thrill of snagging a coveted and exclusive item.

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Crypto Users Targeted in Zoom Deepfake Scam Involving Fake Business Client The attack wasn’t isolated. A member of ContributionDAO reported a similar experience, where the attackers insisted on using a customized Zoom client and refused to switch to Google Meet. “Even though I actually have Zoom on my computer, I couldn’t use it. They claimed it had to be a business version that they had registered,” they said.

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Violators could face up to three years in prison or a fine of up to 300,000 Baht (roughly $8,700). As part of this new approach, Thailand will introduce a national blacklist of wallets linked to cybercrime.

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The ETH/BTC ratio—a key metric comparing Ether’s value to Bitcoin’s—has now dropped to a five-year low of 0.018, the lowest level since December 2019. At that time, ETH was priced at $125 while BTC traded around $7,000.

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Settlement delays compound these challenges for neighborhood businesses that lack deep cash reserves. When weekend sales remain unavailable until Wednesday or Thursday, small retailers often delay vendor payments or miss opportunities for timely inventory purchases.

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