France’s stablecoin tax proposal risks driving crypto activity offshore, warns Chainalysis

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Crypto News

Francois Volpoet, Chainalysis’ CEO for France, warned that the measure could undermine efforts to bring more crypto transactions into the regulated financial system. “Do we want more taxpayers to declare their assets, or a higher tax rate applied to a base that is increasingly evaded?” Volpoet said in an email to CoinDesk. He said authorities […]

Kalshi says it is not being investigated by the CFTC over trading activity

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Crypto News

The activity had already drawn attention from Beni, a co-founder of research firm Stealth Neolab, who said Kalshi’s ether perpetual recorded about $539 million in 24-hour volume against just $3.1 million in open interest. He later found that trades of exactly $5,500 made up 48% to 58% of notional volume on four days in September. […]

Canton Network Activity Surges as Exchanges Join Validators: Copper Research

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Crypto News

Copper Research says usage of the Canton Network, a blockchain built for regulated finance, has quietly surged, with validator activity now including major U.S. exchanges alongside banks and infrastructure firms. Just over a year after launch, Canton has reached a scale unmatched by prior institutional blockchains, thanks to backing from Goldman Sachs (GS), HSBC (HSBC)and […]

DOGE Climbs as Whale Activity Boosts Bullish Momentum

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Crypto News

The original meme coin continues its bullish momentum as global economic uncertainties push investors toward alternative assets. DOGE’s technical structure shows a series of higher lows and higher highs, with support firmly established at $0.225 and resistance at $0.230 recently breached. Market analysts point to the formation of a “bull flag” pattern suggesting continuation of […]

U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill

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Crypto News

The U.S. Congress’ opening priority for the crypto industry is to quickly finish a stablecoin oversight bill, and the House of Representatives has released the text of its version on Wednesday, following in the heels of a recent committee approval of its Senate counterpart. The House version, introduced by Rep. Bryan Steil, who leads the […]