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News
FINANCIAL TECHNOLOGY—39 state bankers associations form alliance for industry-owned blockchain network
1+ hour, 40+ min ago (249+ words) By Colleen M. Svelnis, J.D. A technology partner is still being selected for the BankChain Alliance, and the group is targeting a 2027 launch for a platform intended to connect with other networks. Under the announced model, access is intended to be available…...
Free Crypto Tax Tools 2026: Where the Free Tier Ends
2+ hour, 55+ min ago (1005+ words) IRS Form 1099-DA gross proceeds reporting began for tax year 2025, requiring custodial exchanges to report gross proceeds on crypto sales. The first forms were issued to investors in early 2026 for 2025 transactions. That new reporting layer makes accurate record-keeping more critical…...
Britain plans Bank of England payments innovation mandate
3+ hour, 10+ min ago (214+ words) Traders Union Britain plans Bank of England payments innovation mandate Britain is moving to widen the Bank of England's remit as digital payments and stablecoins gain a larger role in finance. The proposed secondary objective keeps financial stability as the…...
Stablecoin compliance could decide institutional winners: Aquanow CEO | WEEX Crypto News
7+ hour, 44+ min ago (1018+ words) Stablecoin compliance could determine which issuers win institutional adoption as new US accounting and regulatory rules raise standards for redemption, reserves and risk controls, according to Aquanow CEO Phil Sham.Summary The Financial Accounting Standards Board issued a proposal on…...
Stablecoin compliance could decide institutional winners: Aquanow CEO
3+ hour, 24+ min ago (1106+ words) Stablecoin compliance could determine which issuers win institutional adoption as new US accounting and regulatory rules raise standards for redemption, reserves and risk controls, according to Aquanow CEO Phil Sham. The Financial Accounting Standards Board issued a proposal on Aug....
Michigan Dept. of Treasury provides update for thousands of Michiganders still waiting on 2026 tax refund
14+ hour, 9+ min ago (35+ words) WXYZ Channel 7 Michigan Dept. of Treasury provides update for thousands of Michiganders still waiting on 2026 tax refund...
CFTC Warns of Fraud Risks Linked to Crypto ATMs
3+ hour, 14+ min ago (125+ words) bloomingbit The US Commodity Futures Trading Commission warned about fraud risks tied to cryptocurrency ATMs, citing the difficulty of reversing transactions and the ease of concealing a counterpartyâs identity Crypto ATMs are spreading across the US, appearing in gas…...
Crypto tax rules may miss 86% of $457B in onchain activity, Chainalysis says
3+ hour, 26+ min ago (1243+ words) Chainalysis has estimated that potentially taxable onchain crypto activity exceeded $457 billion worldwide in 2025, while transactions within the practical reach of international reporting rules represented only 14% of the total. Chainalysis said in an Aug. 26 crypto tax report that the other 86% included…...
Coinbase Canada???s Eric Richmond thinks???all-encompassing??? crypto regulation could lighten the load
4+ hour, 53+ min ago (534+ words) Coinbase Canada’s new country director and CEO Eric Richmond thinks that Canadian cryptocurrency companies and watchdogs could use more “all-encompassing” regulation. In an interview with BetaKit last month, Richmond noted that Canada’s patchwork of provincial and territorial securities regulators has…...
U.S. vs. Europe Crypto Regulation Race
3+ hour, 35+ min ago (1624+ words) For years, the U.S. vs. Europe crypto regulation race appeared to have a clear winner. While Europe worked on comprehensive rules, Washington debated whether its existing securities laws were sufficient. That situation is changing, however, as both sides are now nearing…...