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WisdomTree and MoonPay Partner on US Access to Tokenized Money Market Fund
WisdomTree and MoonPay are working to expand US access to WisdomTree’s $1.2 billion WTGXX tokenized money market fund. MoonPay plans to include the fund in its stablecoin reserves, Cointelegraph reported.
House Committee Advances US Bitcoin Reserve Bill Along Party Lines
A US House committee advanced a Bitcoin reserve bill in a party-line vote after adopting substitute text that removes Federal Reserve funding routes and narrows transparency requirements, Decrypt reported.
US lawmakers move to codify Trump’s Bitcoin reserve policy
US lawmakers have advanced a bill seeking to codify Trump’s Bitcoin reserve policy. The proposal would lock Bitcoin acquired through civil and criminal forfeiture into the reserve for 20 years, Cointelegraph reports.
Bitcoin Miners Sign More Than $100 Billion in AI Contracts, Yet Revenue Remains Limited
Bitcoin miners have signed over $100 billion in AI contracts, but only about 550 megawatts of contracted capacity is currently billing. Annualized revenue is approximately $1.1 billion, despite more than 4 gigawatts under contract.
Crypto Tax Bill Advances Through House Committee After Clarity Act Setback
A crypto tax bill cleared a House committee after a setback for the Clarity Act, Decrypt reported. The proposal would exempt qualifying crypto fees from gain-or-loss calculations and restrict deductions after quick token repurchases.
Crypto Tax Bill Advances After Clarity Act Setback
A crypto tax bill cleared a House committee after a Clarity Act setback. The proposal would exclude qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions for tokens quickly sold and repurchased.
House Tax Panel Advances Bill Seeking Clearer Crypto Tax Rules
The U.S. House’s tax committee advanced the Digital Asset Tax Certainty Act, a proposal aimed at easing complex tax obligations for everyday crypto use. The measure follows the Clarity Act’s loss and has faced pushback.
Billions Co-Founder Warns AI Agents Could Expand Digital Identity Risks
Billions CEO Evin McMullen warns that infrastructure for billions of AI agents could reproduce existing digital “honeypots,” emphasizing that compromised identity data may be irreversible even when a stolen cryptocurrency asset can potentially be returned.
UK Commits $676 Million and 500 Officers to Money-Laundering Fight
The UK will provide $676 million and add 500 officers to its money-laundering crackdown. The Home Office cites crypto, fintech and AI among the forces driving a threat estimated by the NCA at £100 billion a year.
Bitcoin falls below $76,000 after Senate rejects CLARITY Act motion
Bitcoin dropped below $76,000 after the Senate rejected a motion to advance the CLARITY Act by a 49-50 vote. CryptoSlate said the cryptocurrency selloff and liquidations had begun before the vote.