Crypto News
Bosera Hashkey Ether ETF Gains SFC Nod for Ethereum Staking
Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether ETF (stock codes: 3009.HK/9009.HK), jointly managed by Bosera International and HashkeySource link
Killing the IRS DeFi Rule Is an Industry Win — But It’s a Temporary One
The United States Congress recently voted to repeal the Internal Revenue Service’s (IRS) controversial decentralized finance (DeFi) broker rule, a big win for crypto. And on Thursday President Trump killed the measure for good.But let’s not fool ourselves — there’s more pain to come.In December 2024, the IRS proposed a broad rule requiring DeFi platforms to follow standard crypto broker tax rules, including extensive user KYC and other disclosures. The crypto industry pushed back immediately, with numerous blockchain groups suing the IRS almost as soon as the rule was announced.DeFi platforms aren’t designed to collect this type of information in the first place, and beyond that, the proposed rule contradicts DeFi’s core goal of protecting privacy while keeping transactions transparent.Thankfully,...
CoinDesk 20 Performance Update: Index Gains 3.5% as All Assets Trade Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2375.69, up 3.5% (+79.38) since 4 p.m. ET on Thursday.All 20 assets are trading higher.Leaders: SOL (+6.4%) and BCH (+5.3%).Laggards: HBAR (+1.5%) and DOT (+2.4%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Alchemy Pay Unveils Strategic Roadmap for 2025, Positioning as Global Financial Hub With RWA Integration and...
This content is provided by a sponsor. Alchemy Pay, the world-leading fiat-crypto payment solution provider, has revealed its strategic roadmap for 2025. The comprehensive plan outlines the company’s transformation from a crypto payment gateway into a global financial hub—built on regulatory-first expansion on its ramp business, integration of Real World Assets (RWAs) products, launch itsSource link
SOL, DOGE Lead Gains Among Majors as Analyst Eye Next Big Move Higher
Bitcoin and broader crypto markets are gaining on Friday after sharply declining alongisde traditional markets Thursday.Solana’s SOL and dogecoin (DOGE) rose over 4% in the past 24 hours, leading gains among majors, with XRP (XRP), BNB Chain’s BNB, and Tron’s TRX up between 2%-3%. Ether (ETH) was down 2.4%, continuing a dismal run that has seen it lose 12% in the past week despite most majors down 2% on average in the same period.The Wednesday announcement of a 90-day pause on new tariffs — excluding those on China — sparked a brief relief rally across risk assets (which reversed on Thursday), with traders pointing out bitcoin price action showed signs of bottoming in what could set the stage for a...