The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms. Source link
Stacks’ Muneeb Ali warned that most Bitcoin L2 projects will fade away within three years even as Bitcoin gains dominance over Ethereum and Solana. Source link
A Chainalysis report has revealed that US-sanctioned jurisdictions, including Iran and Russia, moved $15.8 billion in crypto in 2024, with mixing services aiding evasion. Source link
The five-pillar ASPIRe strategy aims to tackle liquidity fragmentation, regulatory arbitrage and market volatility while fostering blockchain innovation. Source link
Wintermute plans US expansion with a new New York office, betting on pro-crypto policies under the Trump administration, CEO Evgeny Gaevoy says. Source link
Deutsche Börse CEO Stephan Leithner calls for a permanent digital euro, citing its role in financial stability, efficiency and EU autonomy. Source link
Italy’s Banca d’Italia and Consob are in talks with crypto firms to ensure compliance, as regulatory gaps widen between the EU and US. Source link
Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms. Source link
Saudi Arabia has committed $14.9 billion to AI through global tech partnerships, including Google, Lenovo and Alibaba, as it aims to become a regional AI hub. Source link
Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system. Source link