IRS repeal of those totally smothering DeFi broker rules? This decision isn’t merely a win — it’s an unequivocal declaration of independence for the future of crypto innovation. Never mind the doom and gloom on tax evasion. This isn’t just about unlocking the promise of decentralized finance, but quite honestly,...
On April 10, 2025, President Trump chose to Go Big when he signed supplement appropriations. This new law repealed the digital asset reporting requirements that DeFi brokers were subject to under Section 80603 of the Infrastructure Investment and Jobs Act (IIJA). This action represents a serious line in the sand...
Leading this new omnichain decentralized finance (DeFi) movement is Stargate, a trailblazing protocol created by LayerZero Labs. Stargate Finance launched in March 2022. It unlocks all connected users and dApps to move native crypto assets instantly across all supported blockchains via consolidated liquidity pools. The V2 upgrade will allow Stargate...
This isn’t a death knell for NFTs. It's a birth pang. Hear me out.True, $10 million isn’t chump change, particularly for localities recently scorched by the DK Marketplace shutdown. The class-action suit, led by Justin Dufoe, claimed that DraftKings had sold unregistered securities in the shape of Reignmakers NFTs. Ouch....
DraftKings will pay a $10 million settlement to settle a class-action lawsuit focused on its Reignmakers NFTs. In late March of 2023, lead plaintiff Justin Dufoe filed the lawsuit. According to him, these NFTs fit the legal definition of an investment contract and therefore should be considered securities under U.S....
Ondo Finance, a firm involved in efforts to launch crypto-linked exchange-traded funds, donated $1 million on April 22 to support Donald Trump's 2024 campaign or inauguration fund. Following the generous donation, the SEC’s newly-formed crypto task force met on April 24. This meeting was just a continuing step in their...
The SEC, the supposed bulwark against financial shenanigans, seems to be throwing a very cozy party for crypto firms with ties to Donald Trump. But behind the radiance of technological advancement, are we instead, one brick—political and administrative—at a time, witnessing the slow-motion demolition of market integrity. It sure feels...
Does the former president really want to get us ahead of the curve on this with his sudden obsession with crypto? Or is he simply seeking to re-create speculative speculative bubbles once more? It's a question that hangs heavy in the air, especially now that Trump appointees are seemingly steering...
Developments happen at lightning speed in the landscape of digital assets. Organizational political influence and regulatory oversight still need to be more critical, especially now with the pandemic. Current events involving former President Donald Trump have sparked an interesting discourse in the crypto world. Of all the speculation not limited...
Can a small European nation, known more for its picturesque landscapes than cutting-edge finance, hold the key to unlocking the next crypto bull run? Liechtenstein-based LCX certainly believes so, and their new end-to-end tokenization framework is building a pretty compelling argument. I don’t just think, I know, that they are...
