The space of decentralized finance (DeFi) has undergone an exciting reformation just a few months ago. Congress has done a great job in repealing IRS crypto reporting requirements aimed directly at DeFi platforms. As you might expect, this decision has sent shockwaves across the crypto community. It has fueled an...
Congress has repealed digital asset regulations concerning tax reporting requirements for certain decentralized finance (DeFi) platforms functioning as noncustodial brokers.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...
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,...
Google plans to start enforcing the European Union’s Markets in Crypto-Assets (MiCA) framework for crypto advertisements on April 23. The MiCA framework goes into effect in December 2024. Most importantly, it establishes the first complete regulatory framework for digital assets across the European Union. This framework has now extended to...
Either way, SEC dropping its lawsuit against Helium is a clear win. This win is not only a win for Helium and their operator Nova Labs, but a broader success for the entire Decentralized Physical Infrastructure Networks (DePIN) movement. It's a green light, signaling that building real-world infrastructure with crypto...
New York is on the cusp of undergoing a seismic shift in its financial landscape. It would be another step behind other jurisdictions that are taking real, concrete steps to welcome cryptocurrencies and blockchain tech into their economies. BlockTraderHub.com is here to break down what this all means for you....
NFTs aren’t just JPEGs. NFT stands for non-fungible token – the digital keys that are opening up new economies. OpenSea’s new proactive stance is either the real solution we’ve been clamoring for or a long shot.Innovation's Spark Or Regulatory Dark?OpenSea hasn’t been twiddling its thumbs hoping the SEC will swoop...
We all know that the world of decentralized finance (DeFi) has undergone a real seismic shake-up. Recent developments indicate an important shift in the regulatory landscape, especially with respect to the DeFi Broker Rule. This post originally appeared on BlockTraderHub.com, your smart money’s secret weapon for crypto intelligence. Join us...
Decentralized finance (DeFi) just received a huge makeover! In fact, former President Donald Trump has unilaterally nullified the Internal Revenue Service’s (IRS) DeFi broker rule. BlockTraderHub.com is your exclusive source for cutting edge crypto intelligence. We’re here to help you understand what this means for you as a crypto user...
New York Attorney General Letitia James, meanwhile, has urged Congress to pass wide-ranging federal legislation to govern cryptos. James goes on to caution that the lack of any nationwide standards are putting U.S. investors and markets in peril. She cautions against the dangers of having a wildcat cryptocurrency industry. She...