StableCoins & Crypto Currency
@CryptCurrenc
#StableCoin #CryptoCurrency #Bitcoin #Blockchain #NFT #CryptoToken #DeFi #CryptoTaxes
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Stablecoins Reporting Requirements - Capital Gains/Losses. - Income from stablecoins. Record Keeping: - maintain detailed records of all transactions, i. - No De Minimis Exemption
In the U.S. IRS classifies stablecoins as property, for tax purposes. Taxable Events for Stablecoins -Buying / Selling with Fiat Currency - Trading for Other Cryptocurrencies - Converting One Stablecoin to Another - Using to Purchase Goods or Services - Earning as Income
Stablecoin Legislation Could Unleash 1,000 Tether and USDC Rivals, Expert Says (via @decryptmedia) decrypt.co/307022/stablec…
decrypt.co
Stablecoin Legislation Could Unleash 1,000 Tether and USDC Rivals, Expert Says - Decrypt
A federal framework would embolden countless companies to dive into the stablecoin market, according to Chronicle Labs founder Niklas Kunkel.
Stablecoins could transform how we exchange money. The U.S. and China want to take charge cbc.ca/news/business/…
Cathie Wood has reduced Bitcoin price target by $300,000, warning that stablecoins are capturing market share stablecoins are scaling significantly faster than projected. coinmarketcap.com/academy/articl…
Japan's Financial Services Agency announced Friday its support for a stablecoin pilot program involving the country's three major banking institutions. Mizuho Bank, MUFG, and SMBC will jointly issue a stablecoin for payments under regulatory supervision. coinmarketcap.com/academy/articl…
AI: Stablecoins for Small Businesses - USD Coin (USDC): fully backed by cash and short-term U.S. government treasuries. - Tether (USDT): The largest stablecoin by market capitalization and widely used for its high liquidity across global exchanges.
GENIUS Act, gives stablecoin holders in the event of an issuer's bankruptcy, stablecoin holders would be paid out before other creditors, such as general unsecured creditors. The bill grants stablecoin holders senior status over ALL other creditors in bankruptcy proceedings.
time to learn about DEX s theblock.co/category/dex
Coinbase CEO Brian Armstrong says every Fortune 500 company will adopt crypto stablecoins.
Real-World Asset Tokenization Hits $24 Billion As Wall Street Bets Big via @Forbes Over 185 crypto tokens are classified as Real-World Assets (RWAs) with their market capitalization over $10.62 billion, a 61% increase from the previous month, forbes.com/sites/digital-…
Texas is the first U.S. state establish a publicly funded bitcoin reserve after Governor Greg Abbott signed Senate Bill 21 into law. The state will allocate $10 million to purchase bitcoin, not like Arizona and New Hampshire, which have not funded their reserves
JUST IN: 🇺🇸 US Federal Housing Finance Agency issues order to count Bitcoin & crypto as an asset for a mortgage.
Global financial crime watchdog calls for action on crypto risks FATF said that countries continue to face difficulties in identifying who is behind virtual asset transactions. reuters.com/sustainability…
reuters.com
Global financial crime watchdog calls for action on crypto risks
The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in...
Bitcoin Illiquid Supply Exceeds 14 Million BTC Amid Institutional FOMO With such a large portion locked away, this suggests that more investors are opting for long-term storage over active trading. thecryptobasic.com/2025/06/26/bit…
thecryptobasic.com
Bitcoin Illiquid Supply Exceeds 14 Million BTC Amid Institutional FOMO
The illiquid supply of Bitcoin has reached a new milestone, surpassing 14 million BTC, according to data from Glassnode, amid growing institutional interest.
China unveils mosquito-sized microdrone for battlefield reconnaissance "Bug-A-Salt will become standard issue" youtu.be/D75yngX5fTE?si… via @YouTube
youtube.com
YouTube
China unveils mosquito-sized microdrone for battlefield reconnaissance
WATCH LIVE: Trump delivers White House digital asset summit remarks as cryptocurrencies struggle youtube.com/live/kWy0sTb-Z… via @YouTube
youtube.com
YouTube
WATCH LIVE: Trump delivers White House digital asset summit remarks...
The OCC confirm that crypto-asset custody, certain stablecoin activities, and ---participation in independent node verification networks such as distributed ledger--- are permissible for national banks and federal savings associations. occ.gov/news-issuances…
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