Industry Groups Take IRS to Court Over DeFi ‘Broker’ Rule: Why It Could Be a Game Changer

DeFi groups challenge IRS’ expanded “broker” rule, arguing it misdefines key roles in crypto. Industry says IRS rule would hurt U.S. competitiveness, stifle innovation DeFi Developers Suing IRS Over New Reporting Rules That Will Violate Privacy and is Burdensome The DeFi Education Fund, Blockchain Association, and Texas Blockchain Council have filed a lawsuit against the U.S. Department of…

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Gasparino Sparks Debate on Ripple and SEC Ruling

Recent remarks by Fox Business reporter Charles Gasparino regarding President Torres’ ruling in the Ripple and SEC case have ignited significant debate within the cryptocurrency community. Gasparino labeled the decision as “foolish,” triggering backlash from crypto supporters and legal professionals who view the ruling’s impact as complex and multifaceted. What Did Gasparino Say About the…

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Top Altcoins for Your Portfolio Today

December 29, 2024 at 02:23 AM GST updated: December 29, 2024 at 01:52 AM 2 mins read News Binance excels in crypto margin trading with low fees, 600+ assets, and flexible interest rates for active traders worldwide. Hyperliquid’s gas-free blockchain and on-chain order book redefine transparency and scalability in DeFi. Aave and Curve pioneer asset…

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Is Web3Bay the Future Challenger to Amazon’s Throne?

The industry of e-commerce continually evolves, yet Web3Bay is capturing significant attention with its innovative approach to online shopping. As a platform built on blockchain technology, this decentralized marketplace is transforming the traditional ways we shop, earn, and interact online. By focusing on transparency, empowering users, and offering rewarding participation, Web3Bay isn’t just competing with…

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COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Fox Business reporter Charles Gasparino’s description of President Torres’ ruling in the Ripple $2 and SEC case as “foolish” has ignited discussions within the cryptocurrency sector. His comments have prompted criticism from crypto enthusiasts and legal experts, highlighting diverse perspectives on the ruling’s implications for the crypto industry. Gasparino’s Criticism In a recent interview with…

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Ripple CTO Warns of Potential Risks

IRS’s new DeFi rule could undermine decentralization by imposing KYC requirements. The IRS’s “broker” definition conflicts with SEC and CFTC regulations in crypto. Ripple CTO warns that users may turn to unsafe, anonymous DeFi platforms. The IRS’s finalization of the second half of its controversial broker rule marks a significant shift in the regulatory landscape…

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XYZVerse tops the list with promising returns

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As temperatures drop, XYZVerse leads the crypto winter surge, set for major gains. Here’s why it’s catching investor attention. As temperatures drop, certain altcoins are heating up the cryptocurrency market. Leading this trend is…

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Homosexual Pepe (HOMOPEPE) Solana Memecoin Will Explode Over 18,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

Homosexual Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Homosexual Pepe (HOMOPEPE), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because HOMOPEPE is set to soon be listed on numerous crypto exchanges, according to…

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New cryptocurrency Releases, Listings, & Presales Today – NeuroStack, Sentio Protocol, Best Wallet Token

Join Our Telegram channel to stay up to date on breaking news coverage History’s largest Bitcoin options expiry saw $14.38 billion worth of contracts conclude on Friday. The current put/call ratio of 0.61 indicates bullish sentiment as traders bet on price increases. The next significant expiration date is January 31st, with $5.48 billion worth of…

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Cryptocurrency Predictions for 2025: Analysis from Galaxy Research

– Advertisement – Ethereum staking rates may exceed 50%, prompting potential adjustments in its monetary policy by developers. DeFi protocols are projected to see a significant increase in BTC locked, nearly doubling by 2025. On December 27, 2024, Galaxy Research (@glxyresearch) released its cryptocurrency market predictions for 2025, outlining key developments for Bitcoin (BTC), Ethereum…

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These Crypto Should Be Your New Year's Resolution For Retiring Early: Hyperliquid, Solana, and Rollblock

As the new year approaches, investors are setting their sights on web3 innovations that could redefine financial independence. With Hyperliquid, Solana, and Rollblockas some of the top options, those early retirement plans could turn into reality. HYPE showcases potential in decentralized finance, SOL continues to lead with its high-speed blockchain, and the new crypto RBLK…

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