Digital Chamber sues Illinois over crypto transaction tax
The 32-page complaint argues digital assets are being taxed because of the technology itself, not the economic substance, and asks a state court to halt the levy before it takes effect.
Every crypto post from the last 24 hours.
The 32-page complaint argues digital assets are being taxed because of the technology itself, not the economic substance, and asks a state court to halt the levy before it takes effect.
The first dollar figure from the Pentagon puts the war's early price tag in the same range as a year of F-35 procurement, with no end-date and no supplemental request yet.
The extension lifts the round to $365M with the same flat $2B mark, a vote of confidence from Asian banking capital in the Canton network's institutional ambitions.
BitMine now gives public-market investors a direct equity proxy for Ethereum staking yield, but the structure that produces that yield also locks the firm into a long-dated validator contract.
The count is the headline: more than 500 tech ETFs signals a maturing thematic wrapper industry, with AI, semis and memory as the next wave chasing past $100B in year-to-date inflows.
BTC is up 15% from July lows but the market is quiet: 30-day spot volume sits at 62% of the annual average, CME futures open interest has fallen to its lowest since 2023, and Bitfinex flags $68K as…
The reversal comes less than a year after the London-listed firm raised $218M specifically to buy bitcoin, with noteholder conversion refusals forcing an earlier partial unwind.
The Binance founder's framing is the standard adoption-gap thesis, but the friction points he names (on-ramps, stablecoin yields, RWA coverage) are the same ones the sector has been working on for…
The donation lands 23 days after the CFTC joined Gemini's bid to dismiss a derivatives case, sharpening the read that political capital and regulatory relief are moving on the same track.
The fight is now a turf battle as much as a policy one: courts, the CFTC and a House subcommittee are all moving in parallel, with no clean jurisdictional answer yet.
The claim is small relative to the $10M liability pile, but the optics matter: a co-founder terminated over a token-launch dump scandal now sits in the creditor queue alongside ordinary creditors.
A fifth of global oil flows through the 21-mile-wide chokepoint, so any sustained disruption to tanker traffic hits crude prices, shipping insurance, and risk appetite across every asset class within…
The proposal would impose platform-side age-verification duties on major social networks, escalating a broader European push to restrict minors' access to algorithmic feeds.
The push ties the market-structure bill to a Trump ethics carve-out, forcing Democrats to weigh the trade-off between political leverage and a once-in-a-decade rulebook for digital assets.
Crossing 1M is the proof point for an emerging agent economy thesis; the 10M target is the throughput test that will decide whether AI-to-AI payments on XRPL scale or stall.
Of roughly $22M raised from 380 investors, only about $2.9M was deployed into mining rigs; the SEC complaint maps a playbook of group-chat signals, fake STOs, and a final withdrawal-fee trap.
A 22-point intraday swing on a regulated US prediction market is a stronger signal than a single poll: it prices actual tradable conviction, not surveyed opinion.
The argument flips the four-year-cycle frame on its head: prior Bitcoin and Ethereum runs happened outside a PMI business-cycle expansion, and that expansion is now sitting at the doorstep.
Funding is small relative to the threat. The signal is that one of the largest Bitcoin-focused firms is treating post-quantum migration as a near-term engineering problem, not a research curiosity.
The concession is the last unresolved piece of the Clarity Act, and the optics of self-imposed presidential restrictions are the only thing standing between the bill and a floor vote with weeks to…