Pursuant to the new legislation signed by President Trump on April 10, 2025, digital asset reporting requirements are eliminated for brokers participating in decentralized finance (DeFi) systems. The legislation rolled into Public Law No. 119-5. In particular, it aims some tough love at Section 80603 of the Infrastructure Investment and...
Credefi is cutting out traditional lenders from the entire loan process. And that’s why ACCO is such a defining project — it provides a hybrid solution, combining the transparency of blockchain technology with the stability of real world assets (RWA). Credefi’s approach is built on three core pillars: stability, accessibility,...
Well, our friends at the Bank for International Settlements (BIS) just published an interesting long read. It looks at potential financial stability risks resulting from the crypto ecosystem’s growing links to the traditional financial system, including banks and nonbank financial companies. The study further underscores the immediate need for proactive...
Congress has repealed digital asset regulations concerning tax reporting requirements for certain decentralized finance (DeFi) platforms functioning as noncustodial brokers. On April 10, President Donald Trump signed House Joint Resolution 25, terminating the guidance. This move was a big step toward preventing the implementation of harmful regulations that would apply...
Ethena today announced the launch of Converge, a new educational Layer-1 blockchain. This new platform would be a significant new infrastructure to bridge decentralized finance (DeFi) with real-world assets (RWAs). As far as development, Converge is preparing for a mainnet launch in Q2 of this year. They are excited to...
The future Impact Flare is bound to change the XRP-digital asset landscape. They’re about to launch FXRP, a new world of decentralized finance (DeFi) possibilities. On April 10, the company shared a major development in creating the opportunity for yields on more than $116 billion of XRP. This joint effort...
XenDex, an all-in-one DEX launching on the XRP Ledger. For starters, it’s set to introduce a host of proprietary features that promise to redefine how users interact with decentralized finance (DeFi) on the platform. Such a non-custodial platform brings to market a rich, decentralized ecosystem. It combines lending and borrowing,...
AAVE, one of the biggest decentralized finance (DeFi) protocols, has seen a significant pump — up almost 16% in the last week alone. Here’s why that upward momentum continues to be propelled by some significant headwinds. Strong whale accumulation, bullish technical formation, and broader crypto market rally fueled by Bitcoin...
The release from the Bank for International Settlements (BIS) has called for regulators to take swift, aggressive action to regulatory protect against damage in the crypto sector. This call to regulate isn’t happening in a vacuum, as U.S. Congress is debating proposed legislation to regulate stablecoins. We are glad to...
Ethereum (ETH) finds it hard to get market bullish momentum back, trading at $1,566.22 right now. As a result, investors are now flocking towards newer alternatives such as Mutuum Finance (MUTM). Mutuum Finance is quickly rising to the top with its cutting-edge decentralized finance (DeFi) lending solutions. Already, it’s raised...