Illinois Governor Pritzker signed a 0.2% digital asset tax targeting crypto exchanges, transfers, and custody, with no equivalent for stocks. Illinois Governor J.B. Pritzker has signed Article 3 of SB 3019, the Digital Asset Privilege Tax Act, into law. The legislation imposes a 0.2% tax on digital asset exchange, transfer, and custody activities. Illinois residents
Cardano has moved closer to its next network upgrade after the van Rossem hard fork initiation governance action was submitted on mainnet. Summary Cardano’s van Rossem hard fork action reached mainnet governance for Protocol Version 11 review now. The intra-era upgrade adds features while preparing Cardano’s Dijkstra era and future Leios mainnet rollout. The hard
Bitcoin has led a renewed risk-off move across crypto, breaking decisively below $80,000 for the first time since April 2025 and marking the deepest drawdown of the current cycle at nearly 40 percent from the October peak. Thin weekend liquidity accelerated the sell-off, triggering a $2.5 billion liquidation wave dominated by long positions, while US
A spot Litecoin ETF is trading, Litecoin is a commodity by law, and the price sits at $44, down 89% from its peak. The gap between the regulatory milestone and the dead-flat chart is the most important lesson of the coming altcoin ETF wave. Summary The Litecoin ETF proves access alone does not create demand.
BitGo Singapore and dtcpay have formed a partnership to support secure digital asset payment infrastructure across global markets. Summary BitGo Singapore will support dtcpay’s digital asset payment network with regulated infrastructure and custody tools. dtcpay plans to use the partnership to improve security, operations, and global payment network scale. The deal follows dtcpay’s stablecoin shift
In Bitcoin news today, BTC USD is trading above $66,000 on June 16 after the Bank of Japan (BOJ) raised its benchmark interest rate to 1% – the highest level since 1995, while simultaneously pausing its bond-taper program, a dovish offset that helped prevent an immediate risk-asset selloff and triggered $365M in short liquidations out
World Liberty Financial has moved closer to securing a federal trust bank charter, with former Office of the Comptroller of the Currency officials telling NOTUS that approval of the Trump-linked crypto firm’s application is now widely expected. Summary World Liberty Financial is expected to receive a national trust bank charter from the OCC, according to
Eligible businesses may also continue to evaluate or pursue their own MiCA-focused crypto asset service provider (CASP) licenses in parallel while integrating BitGo Europe’s infrastructure, BitGo said. The final deadline for crypto firms to have transitioned to the MiCA regime is the end of this month, a regulatory reckoning that will force some firms to
Kalshi’s perpetual futures push has crossed a major early volume mark, as the prediction market platform looks to expand the product beyond crypto-linked contracts. Summary Kalshi’s perpetual futures volume crossed $5.5B within two weeks, according to Bloomberg’s latest market report. The platform now lists 11 crypto-linked contracts and is discussing more regulated products with regulators.
A new framework from asset manager VanEck is drawing clear lines between Bitcoin miners that are genuinely transforming into artificial intelligence infrastructure providers and those that are still selling a story. All of it comes with a sobering price tag: a roughly $50 billion near-term funding gap standing between the sector’s pipeline ambitions and actual
