The shackles are off. Innovation wins. And frankly, about time. Congress’s repeal of those suffocating tax reporting requirements for noncustodial DeFi brokers isn't just a policy change. It's a declaration of independence for the decentralized finance movement. In deed, this is a truly bold move which saves the DeFi.Innovation Thrives...
The decentralized finance (DeFi) space is moving at lightning speed, and so is the regulatory environment surrounding it. BlockTraderHub.com is your essential source to stay ahead of the curve with real-time intelligence on how these changes affect you. Recently, Congress made a significant move by repealing certain crypto reporting rules,...
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 impact of the wave of crypto scams over the past two years within Israel extends beyond financial loss. It points to the more insidious conflict between personal liberty and the state’s responsibility to protect its people. Except now, add in the warp-speed advancements of AI, and you have a...
Start-up nation is now under siege by a different kind of criminal – the AI-driven crypto scammer. We’re not discussing your standard phishing email here. These include complex operations who are deploying deepfakes, impersonating celebrities and even developing entire fraudulent investment platforms. It’s the greatest digital illusion ever — glistening...
Israel’s crypto market is at its peak of popularity. Widespread adoption this growth is being threatened by the surging tide of fraud and lack of regulatory appetite. Conflicting estimates of digital wallet ownership and billion-dollar assets underscore the need for clear standards and consumer protection.Government agencies provide differing estimates about...
We all know that the crypto world can be a bit of the Wild West at times. We've all heard the horror stories: overnight fortunes vanished, promising projects turning out to be elaborate scams, and the constant fear of getting rugged. Illinois’ SB1797, the Digital Assets and Consumer Protection Act,...
Illinois is taking a stand against cryptocurrency fraud with the introduction of a new bill aimed at protecting investors and fostering a more secure digital asset environment. BlockTraderHub.com is smart crypto traders’ essential resource for intelligence. As per their report, the recently introduced bill, titled SB1797, would create a regulatory...
Illinois Senate Assemb. SB1797 now heads to the Governor’s desk to become law. 39 to 17. Sounds like a landslide, right? Behind those numbers, as you might imagine, is a bitterly contentious fight – one that every state, heck, every nation is wrestling with. It’s not just about safety versus...
The Illinois Senate recently passed Senate Bill 1797, dubbed the Digital Assets and Consumer Protection Act. This purpose of this legislation is to stop cryptocurrency-related fraud and protect investors from unfair, deceptive, and abusive acts and practices. The bill, introduced by Senator Mark Walker in February, aims to provide regulatory...