Senate Crushes IRS DeFi Rule, Battle Moves to the House

The Senate just crushed an “impossible” IRS rule on DeFi with surprising bipartisan support. The battle now shifts to the House as crypto celebrates what could reshape America’s digital future.

Senate Crushes IRS Plan to Force DeFi Apps Into Tax Reporting in Landmark 70-27 Vote

In a stunning 70-27 vote, Senate torpedoes IRS plans to regulate DeFi, uniting Democrats and Republicans against what critics call “technologically impossible” tax reporting demands. The battle continues in the House.

Russia’s Elite to Get Exclusive Access to Controlled Crypto Trading—While Others Are Left Out

Russia creates two-tiered crypto system: elite investors get $250,000 VIP access while ordinary citizens face tight restrictions. Financial inequality deepens as the wealthy gain exclusive trading rights.

France Sounds the Alarm: Seizing Russian Assets Could Cripple Europe’s Economy

France sounds alarm: Seizing Russian assets could crash Europe’s economy. Allies clash over €200 billion frozen funds as leaders debate whether financial stability outweighs Ukraine’s urgent reconstruction needs.

SEC Backs Down: Kraken Lawsuit Dropped Without Penalties or Admission of Wrongdoing

SEC drops Kraken lawsuit without penalties in shocking regulatory reversal. After months of legal battles, the crypto exchange celebrates vindication while the industry braces for a major regulatory shift. The precedent could reshape crypto’s future.

Crypto Leaders Divided Over Trump’s Bold Crypto Reserve Plans—What This Means for the Market

Trump’s crypto reserve proposal ignites bitter industry infighting as Bitcoin briefly surges to $95,000. Is his plan ingenious leadership or merely empty political theater? Washington’s response will determine everything.

Citigroup’s $81 Trillion Blunder: A Banking Error of Unbelievable Scale

Citigroup’s $81 trillion mistake makes your banking errors seem microscopic. How did a simple typo spiral into a financial catastrophe, trigger massive fines, and prompt Senator Warren to declare the bank “too big to manage”?

Biden’s FDIC Accused of Crushing Crypto Banking—Congress Demands Answers

Congress confronts Biden’s FDIC as explosive documents reveal a deliberate strangling of crypto banking. Lawmakers demand answers about the secret “Operation Choke Point 2.0” targeting digital assets. The truth will stun you.

Ukraine Moves to Tax Crypto Up to 10%—Will Traders Accept the Price?

Ukraine’s pending 5-10% crypto tax sparks fierce debate: will traders pay the price or flee offshore? War-torn nation walks tightrope between revenue needs and crypto-friendly policies as 2025 implementation looms.

Congress Moves to Kill IRS Crypto Rule—Major Victory for DeFi Privacy and Innovation

Congress confronts the IRS’s controversial crypto rule—a potential victory for DeFi innovators or a dangerous precedent? Bipartisan support grows as lawmakers challenge regulations that could force American crypto development overseas. Privacy hangs in the balance.