The US Treasury and IRS have formally repealed a disputed crypto tax reporting rule that would have expanded broker obligations to DeFi and non-custodial providers. With Congress overturning it under the CRA, the rule is now treated as if it never existed.
Argentina's securities regulator issued General Resolution 1125/2026, allowing virtual assets like crypto, tokens, and stablecoins to count toward the $479K net worth requirement for qualified investor status, opening traditional markets to digital asset holders.
U.S. Senators Ted Cruz and Representative Mike Carey introduced a joint resolution to overturn the IRS rule that reclassifies DeFi participants as brokers. Critics say the regulation stifles crypto innovation and pushes the industry abroad. The measure has garnered support from key industry groups and a coalition of lawmakers.
BYDFi, a Singapore-based crypto derivatives exchange established in 2019, offers spot, futures, copy trading, and CFDs with up to 100x leverage, fees as low as 0.05%, and regulatory licenses in the US, Australia, Estonia, and Singapore.
Argentina's Senate passed labor reform that excludes digital wallet wage payments, a victory for banking lobbyists who argued it would drain liquidity. Fintech critics call it a protectionist move. The reform modernizes a 1974 framework but limits worker choice.
Argentina’s Senate removed a provision that would have allowed wages to be paid through regulated digital wallets, keeping payroll distribution limited to banks and official savings institutions amid pressure from the banking sector.
Argentina's Senate approved labor reform that removes the option for workers to receive wages via digital wallets, restricting payments to traditional banks. Banks argued liquidity risks; fintech chamber criticized the move as protecting monopolistic privileges.
Argentina's Senate removed a provision allowing wage payments through digital wallets, limiting options to traditional banks. Banks argued liquidity risks; fintech groups called it a defense of bank privileges.
