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The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses

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Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.

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Coin Market

Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

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The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

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Coin Market

Chainlink, Cardano, other blockchain groups push SEC for clearer crypto rules

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Six major blockchain organizations urged the SEC to formally recognize digital commodities as non-securities in its proposed regulatory framework.

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Coin Market

Bitcoin price tags $84.6K as US stocks head higher on SpaceX Q3 earnings beat

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Bitcoin extended gains to approach $85,000 after US stock markets reacted to higher-than-expected SpaceX earnings.

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