by Michael
Key TakeawaysTwo crypto groups are seeking a preliminary injunction.The 0.2% tax applies to covered exchanges, transfers, and storage.Plaintiffs say companies face millions of dollars in compliance costs. Crypto Groups Race to Stop Tax Before Illinois Users Pay... 
by Michael
Key TakeawaysVisa stablecoin settlement topped a $20B annualized run rate, with 160+ card programs live.Onchain credit cuts financing costs by up to 30% and enables 7-day card settlement.Visa-linked lenders seek to scale working capital fast enough to match stablecoin... 
by Michael
Key TakeawaysIran’s crypto activity hit roughly $10 billion in 2025 as trade is increasingly moving onchain in 2026.CCAF puts Iran at 0.12% of global bitcoin hashrate, far below Elliptic’s 4.5% estimate.Bessent’s Aug. 24 Operation Economic Outcast puts Iran’s crypto... 
by Michael
Key TakeawaysCircle agreed to buy Tazapay for $400M, adding $25B+ in annual payment volume.With 60% of Tazapay volume using stablecoins, USDC could deepen its global payments footprint.Circle still needs regulatory approvals before the deal can close in 2027. Circle... 
by Michael
Key TakeawaysU.S. bitcoin ETFs lost $46.65M on Tuesday, while XRP funds alone posted $1.55M in inflows.Broad ETF outflows signaled reduced crypto risk appetite after last week’s stronger institutional demand.Investors will watch whether the rest of the week produces a... Translate »
