The UK's tax authority, HMRC, is stepping up its game when it comes to crypto. For a long time, many people thought crypto was some kind of magic money that didn't have to be reported. But guess what? That's not the case anymore. HMRC is getting serious about making sure people pay taxes on their c
Ferrari is stepping into the world of digital currencies with an exciting new plan. They are creating a special digital token just for their biggest fans. This token will let them bid on a very special race car, the Ferrari 499P, which has won the famous Le Mans race. This isn't just any token. It'
Cryptocurrency is known for its ups and downs. It's a world where things can go from bad to worse, but also from worse to better. Some projects have faced huge setbacks but managed to bounce back stronger. Let's look at a few of these remarkable turnarounds. XRP, once a regulatory outcast, made a s
Cryptocurrency is a big deal, and Bitcoin often steals the spotlight. But there are other digital coins that might be worth a closer look. Two of them are XRP and Dogecoin. They are quite different, and each has its own strengths and weaknesses. Dogecoin started as a joke in 2013, but it quickly be
A recent presidential pardon has sparked a heated debate. The focus is on Changpeng Zhao, often called CZ, the head of Binance, the world's biggest crypto exchange. He was found guilty of breaking anti-money laundering rules in 2023. Binance had to pay a huge fine of $4 billion. CZ himself had to pa
JP Morgan is now letting clients use Bitcoin and Ethereum to get loans, but there's a twist. The bank isn't keeping the crypto itself. Instead, it's stored with other companies like Coinbase or Fidelity. This is called a "non-deliverable" setup, and it shows JP Morgan is being extra careful with cry
The U. S. is making big moves in the world of digital money. President Trump has picked Michael Selig to head the Commodity Futures Trading Commission (CFTC). Selig is no stranger to crypto. He's been a key player in the SEC's crypto task force, helping to shape how the government oversees digital c
The Federal Reserve is considering a new idea: a "skinny" account for crypto firms. This account would give them limited access to the Fed's payment system. It's not the full deal, but it's a step forward. This idea comes from Christopher Waller, a Fed governor. He thinks it could help stablecoin c
A bunch of big companies and rich folks are chipping in to build President Trump's new $300 million ballroom at the White House. They're not doing this out of the kindness of their hearts. They want something in return. Maybe it's a big government contract, or maybe they hope the president will look
In a surprising move, CBS Evening News chose not to cover Donald Trump's pardon of Changpeng Zhao, the billionaire founder of Binance, a major cryptocurrency exchange. This decision stood out because other major networks like ABC, NBC, and PBS, as well as news outlets like the Wall Street Journal, F
