Crypto News
Coinbase Receives Greenlight to Offer Crypto Trading in India
Coinbase received its approval roughly two years after it left the market due to regulatory issues and amid encouraging signs for the crypto industry in the country.Source link
U.S. House Votes to Overturn IRS DeFi Broker Rule
A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring them to collect certain taxpayer and transaction information, including decentralized finance (DeFi) platforms. With a 292-132 vote, a bipartisan majority in the House joined the U.S. Senate in advancing the Congressional Review Act resolution overturning the rule finalized in the closing days of former President Joe Biden's administration. Missouri Republican Jason Smith, urging his fellow lawmakers to vote for the resolution earlier in the day, said the IRS rule risked harming U.S. businesses and disincentivized innovation."There are real questions that the rule can ever even be administered," he said. "DeFi exchanges are not the same as centralized...
Bitcoin, XRP and Solana Bounce Back After Crypto Market Bloodbath
Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.Source link
Ethereum Community Launches Ether Guild to Bolster Value of ETH
The price of ether has been on a downward spiral since December, and this new non-profit was launched to solve that problem. Ether Guild Launches: New Initiative Aims to Boost the Cryptocurrency’s Value The Ethereum community has launched a new non-profit organization dubbed Ether Guild to help bolster the value of ether (ETH) whose underperformanceSource link
SEC Delays XRP ETF Decision as Franklin Templeton Joins Hopefuls
The agency may delay its decision on XRP ETF applications until mid-October.Source link