Download IPFS The U.S. Securities and Exchange Commission (SEC) has approved in-kind creation and redemption mechanisms for spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded products (ETPs). The move brings cryptocurrency ETFs in line with traditional commodity-based ETFs, such as those backed by gold, and is expected to enhance tax efficiency[Read More…]

Download IPFS The cryptocurrency market is showing signs of growing maturity, withstanding a recent $9 billion Bitcoin (BTC) sell-off with little disruption to prices. This development highlights the stabilizing effect of traditional finance (TradFi) institutions as they increase their involvement in digital assets. In past years, such large-scale liquidations often[Read More…]

Download IPFS India’s Finance Ministry has reaffirmed its position on cryptocurrency taxation, confirming that the current 30% tax on digital asset gains will remain in place, alongside a 1% tax deducted at source (TDS) on transactions exceeding ₹10,000. At the same time, officials have indicated there are no immediate plans[Read More…]

Download IPFS Bitcoin Hyper, a new Layer-2 blockchain project leveraging Bitcoin’s security model, has raised over $5.5 million in its ongoing presale, according to the project’s official website. The fundraising milestone reflects rising investor interest in blockchain innovations amid a broader crypto market recovery and renewed focus on Layer-2 scalability[Read More…]

Download IPFS A rouble-backed stablecoin, launched earlier this year and linked to sanctioned Russian financial institutions, has seen its transaction volumes surge past $40 billion, according to blockchain research firm Elliptic. The stablecoin, known as A7A5, is issued by Russian defense sector lender Promsvyazbank and payments firm A7, both under[Read More…]

Download IPFS The European Central Bank (ECB) has raised concerns that widespread use of U.S. dollar‑denominated stablecoins in the European Union (EU) could undermine its ability to manage monetary policy. According to ECB adviser Jürgen Schaaf, if these digital assets gain significant traction in the region, they could limit policymakers’[Read More…]