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President Trump Repeals Biden’s IRS DeFi Broker Rule
On April 10, U.S. President Donald Trump signed a joint congressional resolution overturning the IRS DeFi Broker Rule. This Biden-era regulation would have classified decentralized finance (DeFi) platforms as brokers and required them to report users’ crypto transactions to the...
Ukrainian Financial Regulator Pushes for 23% Crypto Tax on Profits
On April 8, the Ukrainian regulator, the National Securities and Stock Market Commission (NSSMC), unveiled a new crypto tax framework to tax profits from digital assets. The plan categorizes profits from certain crypto transactions as personal income with a 23%...
MANTRA Chain Launches $108.8 Million Fund to Drive Real-World Asset Tokenization and Blockchain Innovation
MANTRA Chain has announced the launch of the MANTRA Ecosystem Fund (MEF), a $108.8 million investment initiative designed to drive blockchain innovation, focusing specifically on the tokenization of real-world assets (RWAs). The fund, backed by major partners such as Laser...
ESMA Warns Crypto Market Growth Could Pose Broader Financial Stability Risks
The European Union’s premier market regulator has expressed concerns about the expansion of the cryptocurrency market. The European Securities and Markets Authority (ESMA) warns that deepening connections between crypto assets like Bitcoin and traditional financial systems create potential threats to...
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