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Crypto News
SARS Pushes New Crypto Tax Rules for 6 Million Users as Audits Ramp up Across South Africa
The South African Revenue Service (SARS) has published its guidance on the taxation of crypto assets to standardize compliance for an estimated 6 million local users. SARS Targets Six Million Users The South African Revenue Service (SARS)…
Hyperliquid Helps VALR Launch Over 200 Perpetual Markets as Decentralized Liquidity Gains Ground
Crypto exchange VALR is introducing perps, a new derivatives product offering over 200 cross-asset perpetual futures markets. Evolution of the Perpetuals Market Cryptocurrency exchange VALR announced it is preparing to roll out a major…
Visa Launches Stablecoin Pilot With M-Pesa in DRC to Test Cross-Border Transfers
Visa, M-Pesa and Onafriq have launched a pilot program in the Democratic Republic of Congo using U.S. dollar-pegged stablecoins to settle cross-border mobile transactions. Blockchain Meets Mobile Money Financial services giant Visa, mobile…
Former Blackrock Executive Defends Ethereum as Solana’s Validator Count Shrinks to 800
Sharplink co-CEO Joseph Chalom, a former Blackrock executive, has pushed back on claims that Ethereum has a “culture problem,” arguing its 900,000-plus validators and one million-plus developers give it a decentralization edge Solana cannot…
Santiment: XRP Returns Sink to Lowest Levels Since December 2020 as Relief Rally Odds Climb
XRP holders are sitting on some of their steepest average losses in years, according to analytics firm Santiment, a setup it says has historically preceded relief rallies. The average trader is down roughly 47%. A Rare Loss Zone The average…
Stablecoins Surge 2% in Brazil as the Central Bank Triggers a New ‘Samba Premium’
The Central Bank of Brazil recently sent a notification to several financial institutions about the possible misuse of purpose structures to import crypto into Brazil and act as intermediaries. This was enough to send stablecoin prices up…
Ireland’s CAB Cracks Third Bitcoin Wallet, Recovers $31 Million From Cannabis Grower
Ireland’s Criminal Assets Bureau (CAB) reportedly pulled another 500 bitcoin out of a decade-dormant wallet this week, bringing its 2026 recovery total from a single cannabis dealer’s stash to 1,500 BTC, worth more than $92 million at…
Experts Say June $4.5B ETF Exit Reflects Macro Shift, Not Bitcoin Weakness
Spot bitcoin exchange-traded funds experienced a record $4.5 billion in net outflows in June, marking the worst monthly withdrawal since their 2024 approval. Record Outflows Hit Bitcoin Funds Net outflows from spot bitcoin exchange-traded…
Theo Invests $20 Million in Fidelity’s Tokenized Fund to Expand Onchain Treasuries
Theo has allocated $20 million from its thBILL product into Fidelity International’s tokenized USD Digital Liquidity Fund. The move makes thBILL one of the few onchain Treasury products backed by instruments from both Fidelity International…
Billionaire Crypto Investor Faces $132,000 Donation Cap as UK Bill Squeezes Overseas Funding
A Thailand-based crypto billionaire’s attempt to influence Nigel Farage and Reform UK is set to be blocked by an upcoming UK legislative crackdown on political donations, despite his efforts to bypass the rules. The Kingmaker and His Deep…