On Thursday, President Donald Trump signed a bill that repealed an Internal Revenue Service rule that would have burdened people who report taxes on digital assets. This action comes as a big relief to the cryptocurrency space. The overturned rule would’ve brought the prior reporting requirements on brokers to DeFi...
The cryptocurrency world is extremely dynamic, characterized by new developments almost daily, fast-changing market valuations, and a constantly changing regulatory environment. Binance is the fulcrum around which all these dynamics are balanced. This popular global crypto exchange has made headlines recently for its tumultuous legal fight against the U.S. Department...
Decentralized Finance. It vowed to break down the walls of old-fashioned banking. Such a change would unleash people-power and creativity, igniting a new wave of innovation and creativity not experienced since the early days of the internet. The IRS’s effort to shove square peg DeFi into round hole broker rules...
Gemini, a cryptocurrency exchange founded in New York City, is unique among crypto platforms for its regulatory focus and easy-to-use interface. The organization’s new platform features a fresh and simplified design for mobile and web users. This accessibility can quickly and easily empower novice and experienced traders. Gemini puts a...
Remember Maria? She operated a small bakery in Queens, losing money on every cake. But conventional loans became a bad dream. She was met with mountains of paperwork, exorbitant interest rates, and a bank that made her feel like she was the headache. Then she discovered crypto. Today, she accepts...
The regulatory environment around cryptocurrency here in the United States is rapidly evolving. This transformation would help establish a more welcoming home for Bitcoin and other digital assets. This shift, marked by recent legislative and executive actions, has fueled optimism among industry leaders, with some predicting a substantial surge in...
The crypto community is one of the most active and engaged markets you’ll find. Recent court decisions on XRP and comments from Ripple CEO Brad Garlinghouse have sparked even greater buzz. BlockTraderHub.com is here to cut through that noise, separating the hype from what’s realistic potential. This article will examine...
The new Illinois Blockchain Business Development Act has ignited a firestorm and fostered intense debate in the cryptocurrency world. Still, experts and enthusiasts alike are excitedly speculating about its potential impact. On April 5th, legislators adopted the Act, sometimes referred to as the Crypto Consumer Protection Act. This legislation would...
Details of the Illinois crypto law have rippled like a tsunami through the digital asset universe, and for good reason. Folks across the country are worried and scared by the new law. They argue that it would stifle innovation and drive crypto companies out of the state. You’ve read the...
As the crypto universe continues to change, so too does the threat of an impending regulation. Illinois recently became the latest state to join the fray with its new crypto law. Is this indeed a death knell for digital assets in the Prairie State, or merely a minor speed bump?...
