News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Seven New Crypto Tax Bills Introduced in Congress
House Republicans have introduced seven new crypto tax bills, including exemptions for staking rewards and a $10 de minimis for gas fees, but lacking broader exemptions for everyday crypto transactions.
Mercation Admin3 min - News
Lawmaker Warns Government Stablecoin Payments Could Encourage Tax Evasion
Rep. Brad Sherman cautions that government stablecoin payments could promote tax evasion, opposing NCUA Chairman Kyle Hauptman's proposal to use them for faster payments.
Mercation Admin3 min - Crypto
Discrepancies in AML Service Evaluations
The article discusses discrepancies in AML service evaluations and offers insights on how to mitigate risks associated with cryptocurrency transactions.
Mercation Admin3 min - Crypto
ZCash Vulnerability Discovered, Impact Remains Uncertain
A significant vulnerability in Zcash's Orchard privacy pool has been identified, potentially allowing unlimited counterfeit ZEC to be created. The extent of any exploitation remains uncertain.
Mercation Admin5 min - Crypto
Zcash Plummets 38% Following Revelation of Serious Counterfeiting Flaw
Zcash's value dropped by 38% after a serious vulnerability was revealed, allowing potential counterfeiting without detection for over four years.
Mercation Admin3 min - News
JPMorgan, Bank of America, Citi to Launch Collaborative Tokenized Network
JPMorgan, Bank of America, and Citi are set to introduce a shared tokenized deposit network by 2027 to counter stablecoin risks to their deposits.
Mercation Admin3 min - News
Gray Market for Peptides Surpasses $100M, Driven by Bitcoin and Looksmaxxing Trend
The gray market for peptides has skyrocketed to over $100 million, driven by the looksmaxxing trend and cryptocurrency payments, particularly Bitcoin and stablecoins.
Mercation Admin3 min - Crypto
XRP Plummets 7% to Reach Four-Month Lows
XRP has dropped 7% to four-month lows amid mixed signals of institutional demand and weak technical indicators.
Mercation Admin3 min - News
Russia Imposes Sanctions on British Teen for A7A5 Allegations
Russia has sanctioned a British teenager for revealing claims about the A7A5 stablecoin's role in funding the Ukraine war, which the Kremlin has dismissed as false.
Mercation Admin2 min - Crypto
Coinbase Introduces Pre-IPO Perpetual Futures with SpaceX
Coinbase has launched a new product allowing traders to speculate on pre-IPO companies, starting with SpaceX, potentially making Elon Musk the world's first trillionaire.
Mercation Admin2 min - Crypto
Apyx's apxUSD Stablecoin Experiences Temporary Depeg
Apyx's apxUSD stablecoin briefly fell to 93 cents, attributed to market volatility, which the protocol claims is a normal feature of its operations.
Mercation Admin4 min - Crypto
Tether Unveils Visa Card for Gold-Backed Stablecoin with Crypto Rewards
Tether has launched a Visa card linked to its gold-backed stablecoin, XAUT, allowing users to earn cashback rewards in digital gold.
Mercation Admin2 min