HMRC will apply no gain, no loss treatment to qualifying crypto lending arrangements from April 2027. New rules could benefit around 700,000 crypto users involved in lending and liquidity pools. Tax charges will apply when users make economic disposals instead of initial crypto deposits. The UK government will introduce new...
Former LA Deputy Jailed for Obstructing Crypto Mogul Extortion Probe
Former LASD deputy Scott Simpkins admitted lying during a federal investigation into Adam Iza. Prosecutors linked Simpkins to a 2021 incident involving an alleged $25,000 extortion demand. Adam Iza faces multiple federal cases involving fraud, robbery, and crypto-related crimes. A former Los Angeles County Sheriff’s Department deputy has been sentenced...
XRP Sellers Still Rule Binance as CVD Score Refuses to Turn
XRP selling pressure holds firm on Binance as fresh CVD data and a 0.84 confirmation score point to more downside risk, per CryptoQuant. XRP touched above $2.00 back in the early part of this year. Binance’s order books don’t seem to remember that anymore. The token now trades near $1.07,...
White House Crypto Adviser Takes Leave as CLARITY Act Hits Critical Stage
Patrick Witt leaves for JAG training as CLARITY Act negotiations reach a critical phase. Harry Jung will oversee crypto council duties during Witt’s months-long military leave. Senate lawmakers race to advance crypto market structure rules before August recess. White House crypto adviser Patrick Witt is set to take a months-long...
Binance US Targets 20% U.S. Crypto Market Share After Regulatory Setback
Binance.US aims to recover its previous 20% U.S. crypto market share after regulatory challenges. The exchange uses near-zero fees and liquidity incentives to attract traders and rebuild activity. Binance.US plans derivatives, futures, and prediction markets pending additional regulatory approvals. Binance.US is targeting a return to 20% of the U.S. crypto...
Confirmo Brings Automated Stablecoin Subscriptions to Global Businesses
Confirmo introduces recurring stablecoin billing across wallets, exchanges, and enterprise platforms. Subscribe supports USDC and USDG payments across Solana and Polygon networks. FTMO partnership helped develop Confirmo’s automated subscription payment infrastructure. Confirmo has launched a stablecoin-based subscription payment service, enabling businesses to automate recurring billing through wallets and exchange accounts....
XRP and Ethereum Bulls Are Back, But History Signals Caution: Analysis
XRP and Ethereum hit five-week FOMO highs as XRP trades near $1.06 and ETH remains down 65% from its 2025 high. Sentiment toward XRP and Ethereum has turned bullish again as traders return to large-cap crypto assets. Recent sentiment data shows both tokens reached their highest FOMO readings in five...
Cardano Whales Hit 3.5-Year High as Retail Dumps ADA
Cardano wallets holding 100K-100M ADA top 25.6B coins, highest since Feb 2023, as sub-100 ADA wallets fell 0.7%. Cardano’s larger holders have raised their ADA balances to a 3.5-year high. The move comes as retail wallets reduce exposure. Santiment Intelligence said wallets holding 100,000 to 100 million ADA now hold...
OFAC Sanctions FirstVPN, Exposes Crypto Links to Top Ransomware Gangs
OFAC sanctions VPN provider FirstVPN and two operators tied to top ransomware gangs hiding attacks using malware-disguising tools. The US Treasury’s Office of Foreign Assets Control sanctioned a VPN provider and two individuals on July 13, 2026. The action names FirstVPN Service, also called 1VPNS, along with administrator Dmytro Rashevskyi...
Bolivia Eyes USDT Integration as Dollar Shortage Drives Stablecoin Adoption
Bolivia is evaluating USDT integration into its national payment system as the government responds to a foreign currency shortage and rising stablecoin adoption. Bolivia is exploring a major step in digital payments. The government is considering incorporating USDT into the national payment system. The stablecoin would be able to be...