๐จBreaking News๐จ
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๐บ๐ธ ๐จ๐ฆ ๐ฃ๐ฟ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ ๐ง๐ฟ๐๐บ๐ฝ ๐ช๐ถ๐๐ต๐ฑ๐ฟ๐ฎ๐๐ ๐๐ฅ๐ฆ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ฟ๐ผ๐ธ๐ฒ๐ฟ ๐ฅ๐๐น๐ฒ:
President Donald Trump has signed into law bills that would invalidate an IRS regulation that would have treated decentralized finance (DeFi) platforms as brokers, which would have made them subject to tax reporting obligations. The crypto community had maintained that DeFi platforms do not have the user data required to meet such a requirement. The action is part of Trump's pro-crypto agenda, including proposals such as creating a federal Bitcoin reserve and a cryptocurrency working group.
๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฆ๐ฝ๐ถ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ $๐ด๐ฎ,๐ฌ๐ฌ๐ฌ ๐ถ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฉ๐ผ๐น๐ฎ๐๐ถ๐น๐ถ๐๐:
The price of Bitcoin has surged to over $82,000, a notable rally. Analysts, however, warn that the rising tensions between the U.S.-China trade war may bring in volatility, paving the way for a bull trap situation.
๐ง๐ปโโ๏ธ ๐๐ต๐ฎ๐ป๐ด๐ฝ๐ฒ๐ป๐ด ๐ญ๐ต๐ฎ๐ผ'๐ ๐๐ฒ๐ด๐ฎ๐น ๐ง๐ฟ๐ผ๐๐ฏ๐น๐ฒ๐ ๐๐๐ฐ๐ฎ๐น๐ฎ๐๐ฒ:
Former Binance CEO Changpeng Zhao still has legal issues to contend with. In November 2024, FTX sued Binance Holdings Ltd., Zhao, and other executives to recover almost $1.8 billion allegedly sent fraudulently. This is in addition to earlier charges, such as anti-money laundering law violations and running an unlicensed money transmission business.
๐ฝ ๐ก๐ฒ๐ ๐ฌ๐ผ๐ฟ๐ธ ๐ฃ๐น๐ฎ๐ป๐ ๐๐ถ๐น๐น ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฎ๐๐ฒ ๐๐ผ ๐๐ฐ๐ฐ๐ฒ๐ฝ๐ ๐๐ฟ๐๐ฝ๐๐ผ ๐ณ๐ผ๐ฟ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐:
A new bill presented in New York plans to permit the state government to receive payments in cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The bill proposes an added state "service fee" on cryptocurrency payments, indicating a forward-thinking strategy with regards to digital assets.
