IRS Crypto Team Leader Resigns as U.S. Tax Reforms Approaching for Digital Assets
IRS Digital Assets Head Departs Amid New Tax Regulations The leader of the IRS’s digital assets unit, Trish Turner, has stepped down from her role in the private sector, coinciding with the introduction of new tax policies expected to create significant work for agencies regarding cryptocurrencies. It’s unclear who will oversee the office following her […]
Is your intelligence sufficient to invest in private assets? Experts warn that creating a test for investors is challenging.
New Regulatory Initiative for Accredited Investors If you’re looking to tap into investment opportunities that are usually reserved for the wealthy, there might be a possibility in the future—provided you can pass a test. However, that could be a challenge, considering many people struggle with basic financial literacy concepts. Experts suggest that developing effective tests […]
Trump’s Tariff Approach Focuses on Physical Goods Rather Than Financial Assets
The New “Trading Economy” President Donald Trump’s tariff approach goes beyond simply raising import fees. It’s more about attracting foreign investments. With initiatives like chip factories in Arizona and battery plants in the southeastern states, international companies are committing billions to tap into the vast American consumer market. This concept—what some are calling the new […]
Centrifuge exceeds $1 billion in total value locked as institutions fuel growth in tokenized real-world assets, according to the CEO.
Centrifuge Surpasses $1 Billion in Total Locked Value Centrifuge, a blockchain infrastructure platform, has reached a significant milestone, exceeding $1 billion in total locked value (TVL). This accomplishment places it alongside notable players like BlackRock’s Buidl Fund and Ondo Finance, marking it as one of the few real-world asset (RWA) platforms to achieve such heights. […]
The assets of Alex Jones’ Infowars will be sold to settle more than $1 billion in debts owed to families of Sandy Hook victims, according to a judge.
A Texas court has ruled that Alex Jones, the conspiracy theorist behind Infowars, must liquidate the assets of his company to cover over $1 billion in damages owed to the families affected by the Sandy Hook Elementary School shooting in 2012. This decision, signed by Judge Maya Guerra Gamble in Austin, appoints specific individuals to […]
Numerous Developments: Bitcoin Price Goals, Sharplink’s Ethereum Assets, and Vitalik’s References
Simply put Myriad’s predictor is favoring Bitcoin, suggesting it could hit $125,000 before dipping down to $105,000. In the newer market, there’s skepticism, but questions arise about whether Sharplink Gaming will achieve a million ETH by September 16th. Vitalik Buterin is discussing the Ethereum Layer-2 roadmap and may be mentioned in context with Linea before […]
India Blocks Assets Tied to Man Imprisoned in the US for $20M Crypto Fraud
Simply put Chirag Tomar, imprisoned in the U.S. for a $20 million cryptocurrency scam involving a counterfeit Coinbase website, has had $4.8 million (42.8 crores) in assets seized by the Indian Bureau of Enforcement. Authorities allege that Tomar executed a complex phishing scheme, routing revenues to Indian bank accounts through P2P platforms. The Enforcement Directorate […]
Bank of Korea to set up a committee for overseeing virtual assets in crypto
Bank of Korea Establishes Virtual Asset Committee The central bank of South Korea has created a virtual asset committee to keep a close eye on the crypto market. Along with that, they’ve rebranded their Digital Currency (CBDC) team to better focus on exploring digital currencies. Officials from the Bank of Korea mentioned that this virtual […]
Trump Administration Explores Crypto for 401(k) and Mortgage Assets
The Trump administration is reportedly looking to incorporate digital assets into its 401(k) plans and mortgage offerings. President Donald Trump is anticipated to sign an executive order that would initiate a new 401(k) plan allowing for assets that may include cryptocurrency, as reported on Monday, July 28th. Recently, the Federal Housing Finance Agency’s plans were […]
Bipartisan Senators, including Bill Hagerty, Suggest Safeguarding American Assets from Illegal Seizures by Mexico and Other Foreign Governments
Legislation Launched to Protect U.S. Assets from Foreign Seizures Senator Bill Hagerty (R-TN) and a group of bipartisan senators have put forth new legislation aimed at preventing foreign governments, particularly Mexico, from seizing assets owned by U.S. entities. As a member of the Senate Foreign Relations Committee, Hagerty is spearheading this initiative. The proposed Defense […]