UK confirms crypto tax data rules under CARF; first deadline set for May 2027
CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with over 40 jurisdictions pushing for crypto tax transparency. The UK government has confirmed it...
Bitcoin Price Watch: Can Consolidation Ignite the Next Rally?
Bitcoin price stood at $103,641 to $104,091 over the last hour on May 16, 2025, with a market capitalization of $2.05 trillion. The 24-hour trading volume totaled $31.98 billion, and prices fluctuated within an intraday range of $101,820 to $104,457 on Bitstamp....
Ripple’s XRP may enable BRICS to ditch dollar and settle trade in gold
Russia’s SWIFT exclusion in 2022 spurred alternative system planning. BRICS members seek autonomy in international settlements. XRP’s speed and cost-efficiency seen as ideal for institutional use. A new theory circulating among cryptocurrency and geopolitical analysts...
Blackrock Powers Bitcoin ETF Gains Despite Big Outflows From Rivals
Bitcoin ETFs secured another net inflow of $115 million on Thursday, May 15, driven entirely by a massive injection of $409.72 million into Blackrock’s IBIT. Ether ETFs reversed their recent inflow momentum, logging a $39.79 million net outflow. Crypto Flows Split:...Interesting 13
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