US President Donald Trump has signed a law overturning a contentious tax rule introduced in the final days of the Biden administration that expanded the definition of a broker to include decentralised cryptocurrency exchanges. The Internal Revenue Service (IRS) had updated its reporting guidelines to include DeFi platforms, requiring them to report user transactions.

The crypto market is famously volatile, and bear markets can be a source of anxiety for many investors. However, seasoned traders often see these downturns as opportunities to accumulate high-potential assets at a discount.

An NFT investor has sold a rare Alien CryptoPunks at a $10 million loss as overall NFT market activity continues to decline.

Thailand has approved significant amendments to the digital asset and cybercrime laws to combat cybercrime and online scams.

Standard Chartered and OKX, have come together under the regulatory umbrella of Dubai's VARA to offer a collateral mirroring program.

The Illinois Senate by a vote of 39 to 17 passed a regulatory bill aimed at curbing cryptocurrency fraud and protecting investors from deceptive practices, including rug pulls and misleading fee structures.On April 10, the chamber passed Senate Bill 1797 (SB1797), also known as the Digital Assets and Consumer Protection Act, which Senator Mark Walker introduced in February. The bill gives the Illinois Department of Financial and Professional Regulation authority to oversee digital asset business activity within the state.

ETHWomen, a leading Web3 event championing inclusivity and female participation in Web3, returns for its third year on May 13, 2025, in Toronto, Canada. As part of Blockchain Futurist Conference and Canada Crypto Week, ETHWomen continues its mission to empower women in blockchain by providing free access to educational panels, networking opportunities, and industry connections.

Grayscale, a leading digital asset manager, has revealed the latest update to its “Assets Under Consideration” list for the second quarter of 2025.

The US SEC has issued new guidance on how federal securities laws apply to crypto asset-related offerings and disclosures. The SEC is urging crypto companies to be more transparent especially those involved with tokens that could be considered as securities. The SEC requires companies to clearly explain the material aspects of their business.

Japan's FSA has released a discussion paper on crypto regulations that seeks to categorize digital assets into two distinct categories.

The Federal Reserve Chair Jerome Powell has been named one of the unluckiest Fed chairs as he has to deal with a terrible mess created by Donald Trump's tariffs policy.

Block Inc., the company behind the Cash App platform, has agreed to pay $40 million to settle claims brought by New York state regulators.

Coinbase opposed FDIC's request for a 16-day delay in a FOIA case, calling the agency's stall tactics “legally incorrect.”

Japan's FSA is seeking public input on its proposal of new crypto regulations with a two-tier classification system. The post Japan's FSA Proposes to Classify Crypto Assets into Two Categories, Seeks Public Input appeared first on Cryptonews.

President Donald Trump has signed a new legislation that repeals a controversial crypto tax rule introduced at the tail end of the Biden administration.

Nigeria could soon see itself removed from the Financial Action Task Force (FATF) grey list, owing to its decision to categorise virtual assets and investment contracts as securities following the Investment and Securities Act (ISA) 2025, Bloomberg reports.

Bitcoin and other crypto assets faced headwinds in the first quarter of 2025 as global economic tensions intensified. After a strong start to the year driven by optimism over President Donald Trump's return and supportive macroeconomic expectations, the crypto market struggled with a sharp drop in trading volumes.

What happens when the market flips green, and you're not in the game? That's a question many in the crypto world are asking right now. As things stand, some tokens are quietly setting the stage for a seismic shift—and the next bull wave might reward those who positioned themselves early.

For the first time, the U.S. has officially passed a pro-crypto law — and it's a pretty big deal. In a big win for the crypto community, President Donald Trump has officially signed off on the repeal of the controversial IRS “DeFi Broker Rule.

The NY AG flagged the “unique risks” posed by cryptos, calling for a change in order to “serve America's national interests.” The post New York AG Urges Congress to Create Robust Crypto Regulatory Framework to Prevent Fraud appeared first on Cryptonews.

Sam Bankman-Fried, the former FTX CEO now serving time for financial fraud, has been relocated to a medium-security prison in Southern California.

Crypto-critical US Senator Elizabeth Warren has led six Senate Democrats in urging the Department of Justice to reverse its decision to terminate its crypto investigations and prosecutions division.In an April 10 letter to Deputy Attorney General Todd Blanche, the Senators said the decision to disband the department's National Cryptocurrency Enforcement Team was a “grave mistake” that would support “sanctions evasion, drug trafficking, scams, and child sexual exploitation.” Senators Richard Durbin, Mazie Hirono, Sheldon Whitehouse, Christopher Coons and Richard Blumenthal signed the letter in addition to Warren.

Bitfinex has rolled out version 1.113 of its trading platform, introducing UI improvements and bug fixes to enhance user experience and operational efficiency.

Chainalysis unveils advanced fraud prevention and compliance tools at Links NYC 2025, focusing on AI-driven scams, cross-chain complexities, and regulatory changes.

BitMEX introduces BABYUSDT perpetual swaps, offering traders up to 50x leverage. The new listing commenced trading on April 11, 2025, enhancing opportunities for crypto enthusiasts.

North Carolina lawmakers filed a bill that seeks to authorize the use of crypto for economic transactions and tax payments.

President Donald Trump signed the first-ever crypto-specific bill into law on April 10, 2025. The bill sought to repeal the IRS DeFi Broker Rule enacted under the Biden administration.

Institutional traders can now leverage cryptocurrencies and tokenized money market funds as off-exchange collateral, thanks to a new program launched by Standard Chartered and OKX.

US Bitcoin mining firms will try to capitalize on the Trump administration's recent tariff pause by stocking up on mining rigs, but the baseline 10% tariffs will still leave the industry at a disadvantage, industry executives say.President Donald Trump paused his administration's hefty reciprocal tariffs until July 8, but kept a minimum 10% tariff on most countries bar China, which had its rate hiked to 145%. Hashlabs CEO Jaran Mellerud told Cointelegraph that while the 10% levy is much lighter than the initial tariffs, US miners are still at a “clear disadvantage” when it comes to purchasing mining machines, compared to competitors abroad.

Blockchain gaming for the first quarter of 2025 has been a “mixed bag,” seeing a greater number of deals while the amount invested significantly dipped, says blockchain analytics platform DappRadar. Web3 gaming projects raised $91 million in Q1 2025, marking a 71% decrease from the fourth quarter of 2024 and a 68% drop compared to the same quarter a year ago, DappRadar said in its April 10 State of Blockchain Gaming report.

The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity.

While total spot trading volume generally declined in Q1, Binance saw more trading activity compared to other crypto exchanges.

Trump just obliterated the IRS's controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto's Future Just Got Rewritten President Donald Trump finalized a significant regulatory rollback Thursday by signing H.J.Res.

President Trump on Thursday signed a law axing an IRS rule targeting crypto brokers, marking a key rollback of a Biden-era policy. The post Trump Signs Law Scrapping IRS DeFi Broker Rule, Reversing Key Biden-Era Policy appeared first on Cryptonews.

President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration. According to an Apr. 10 press release statement from Rep.

The lawmakers said it made 'no sense' for the DOJ to take their hands off of tools used by North Korea, drug traffickers and scammers.

US President Donald Trump has signed a joint resolution that will repeal an IRS rule affecting decentralized finance (DeFi) platforms. This legislation, which has passed through both the Senate and the House, aims to prevent the IRS from enforcing tax reporting requirements on DeFi protocols.

The CFTC's new policy, ending 'regulation by prosecution,' marks a significant shift for Web3 builders, offering clearer guidelines and reducing enforcement actions.

Coinbase announced the launch of Verified Pools, a set of liquidity pools available to customers verified by the firm. The feature is available to US, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and Channel Islands users.

New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App's bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State's Department of Financial Services (DFS) announced on April 10 that Block Inc.

What if the next crypto gem isn't just about hype, but real-world use and a strong, buzzing community behind it? With so many digital assets flooding the market daily, it's easy to get distracted by noise.

Riot Platforms, Inc. has issued a waiver and irrevocable proxy concerning its agreement with Bitfarms Ltd., altering its rights and voting power over the company's shares.

In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S.

US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business.The SEC's Division of Corporation Finance said in a staff statement on April 10 that it was giving its views “to provide greater clarity on the application of the federal securities laws to crypto assets.” The Division said its statement was made of observations of disclosures given in existing disclosure requirements and “addresses our views about certain specific disclosure questions that market participants have presented to the staff.

BitMEX is set to introduce BABYUSDT perpetual swap trading with up to 50x leverage starting April 11, 2025, at 04:00 UTC, enhancing trading options for its users.

U.S. President Donald Trump on Thursday signed into law a bill to overturn a revised rule from the Internal Revenue Service that expanded the definition of a broker to include decentralized cryptocurrency exchanges, according to a statement from the White House.

Block agreed to pay $40 million to the NYDFS for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its Cash App platform.

As the US SEC hurtles toward regulatory clarity, a division has published disclosure guidance for crypto assets that are securities. The SEC's Division of Corporation Finance shared the guidance for issuers urging clear disclosures for business description, risk factors, and financial statements.