Crypto Groups Seek Court Order to Halt Illinois 0.2% Digital Asset Tax
Industry associations ask a state court to block enforcement of the new levy before its January 2027 start, citing constitutional flaws and immediate compliance burdens
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Brazilian Banks Broaden Crypto Access as Market Hits $98.7 Billion
Major lenders offer up to 28 digital assets to clients while reporting zero proprietary holdings, following a sharp rise in national transaction volumes and clearer regulatory rules
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Binance Launches Physically Settled Options on Over 1,000 U.S. Stocks and ETFs
The exchange expands its traditional finance suite with long-only equity options for eligible non-U.S. users, following a sharp rise in TradFi derivatives activity
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X Plans Crypto Buy and Sell Buttons in Posts After Cashtags Rollout
Former product chief Nikita Bier said trade buttons will follow Cashtags, which embed Solana and Ethereum charts, as X aims to link discovery directly to trading
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Phantom Wallet to End Sui Network Support on September 24
The multichain wallet will remove Sui balances, transfers, swaps and app connections after a mutual decision with the network, giving users one month to migrate assets
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Bitcoin Validates Brandt’s $58K Target Before Rallying Above $79,000
Veteran trader Peter Brandt’s January downside call for Bitcoin was met months later before a sharp rebound pushed prices near $80,000 amid short covering and ETF demand
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BitMart Weighs Restructuring Path Weeks After Shutdown Announcement
The crypto exchange is developing a potential reorganization plan that could allow phased operations to resume, with a detailed roadmap due by September 9, while original wind-down timelines remain in place
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CZ Calls for Tokenizing Assets Worldwide to Draw Foreign Investment
Binance founder Changpeng Zhao urged countries and firms to issue digital versions of stocks and other holdings on blockchains, arguing the approach can expand access to global capital
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US Treasury Proposes Rules Clarifying Stablecoin Issuance Under GENIUS Act
The department opens a 60-day public comment period on definitions and licensing requirements ahead of the law’s January 2027 effective date
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SEC Prepares Crypto Offering Rules and Innovation Framework as Senate Delays Clarity Act
The agency plans to consider proposals on Friday for tailored crypto investment contracts and tokenized securities while pursuing a major fraud case alongside the CFTC
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