Illinois will postpone implementation of crypto tax following lawsuit
State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature.
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New York, Wyoming regulators sign pact to coordinate crypto oversight
The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement actions involving digital asset firms.
Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.
NEAR Intents suffers $3.8M exploit after assistance with Bitget breach
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.
Bitget’s $388M hack pushes Q3 crypto security losses past $1B
Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million.
Stablecoins can drain from banks and nations at lightning speed
Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends on your perspective.
LATAM stablecoin liquidity may depend on few providers, investor says
Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit.
Tokenized assets don’t always mirror traditional markets, Dune finds
Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion.
Bitcoin trapped below $86K as PCE changes cloud inflation reading
Bitcoin erased its post-PCE gains as analysts cautioned that methodology changes complicated the lower-than-expected inflation reading.
Binance’s EU services face scrutiny over licensing exemption: Report
EU regulators are reportedly examining Binance’s use of a MiCA exemption to serve customers as ESMA seeks stronger enforcement powers.
Chainalysis beats most Celsius claims, but ‘audit’ lawsuit survives
Chainalysis still faces an aiding-and-abetting claim over Celsius’ disputed $3.3 billion audit after a judge dismissed 15 other claims.
Bitcoin ETFs draw $6.3B in Q3 as BTC price rises nearly 43%
Bitcoin gained 42.71% in Q3, its best third-quarter performance since 2017, as US spot ETFs attracted $6.34 billion in net inflows.