Proposed Tax Exemption for Minor Stablecoin Transactions and Staking Earnings
US lawmakers are working on a proposal that would exempt small stablecoin payments from taxation and defer taxes on staking and mining rewards.
Recent in
US lawmakers are working on a proposal that would exempt small stablecoin payments from taxation and defer taxes on staking and mining rewards.
RedotPay aims to enhance its market presence and product offerings following a substantial funding round.
Exodus has teamed up with MoonPay to develop a new USD-pegged stablecoin aimed at simplifying everyday transactions, set for a 2026 launch.
KuCoin has established a partnership with Tomorrowland, leveraging its MiCA license to integrate crypto payments into the festivals.
Ripple Payments joins forces with Amina, a Swiss cryptocurrency bank, to expand its stablecoin payment infrastructure across Europe.
Ripple's Major Payment Institution license in Singapore has been broadened, paving the way for enhanced financial services across the Asia-Pacific.
YPF is exploring the possibility of enabling cryptocurrency payments at its fuel stations amid rising digital asset adoption in Argentina.
Unlimit has launched a platform that aims to streamline stablecoin transactions globally, offering a non-custodial solution featuring direct off-ramps.
Solana has achieved record activity in x402 payments, with a massive increase in daily transaction volume.
RedotPay has launched a service that allows users to convert cryptocurrencies into Nigerian naira, receiving payments directly in their local bank accounts within minutes.
Sony is planning to introduce a stablecoin connected to its ecosystem by 2026, facilitating transactions in the US.
Wemade has formed the GAKS alliance, comprising Chainalysis, CertiK, and SentBe, to support the mainnet for a compliant KRW stablecoin after facing various obstacles.
Visa collaborates with Aquanow to facilitate stablecoin settlements, aiming to minimize expenses and enhance transaction efficiency across Central and Eastern Europe, the Middle East, and Africa.
Houdini Swap has launched Houdini Pay, a privacy-focused payment service designed for freelancers that masks the on-chain links between senders and receivers.
The landscape of stablecoins is evolving as established banks integrate them into their operations, following regulatory clarifications.
Citi and Western Union spearhead the stablecoin initiatives on Wall Street, while Bitcoin miners and lenders adapt to evolving market conditions.
Western Union announces the selection of Solana blockchain for its upcoming stablecoin and digital asset network expected to launch in 2026.
Zelle is set to incorporate stablecoins to streamline cross-border transactions involving the United States.
As inflation impacts economies, Latin Americans are increasingly relying on stablecoins and cryptocurrencies for financial services, revealing the crypto industry's significance beyond speculation.
The initiative to create streamlined accounts aims to facilitate access for smaller companies in the banking sector, signaling a shift for digital asset firms.

Every week we share the most relevant news in tech, culture, and entertainment. Join our community.
Your privacy is important to us. We promise not to send you spam!