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In a significant move for the cryptocurrency industry, the U.S. Senate has voted to repeal the Biden-era IRS DeFi broker rule, marking a major victory for decentralized finance (DeFi) advocates. The bill now heads to President Biden, who must decide whether to sign or veto the measure. What Was the IRS DeFi Broker Rule? The controversial rule, introduced as part …

Wyoming is set to make history as the first U.S. state to launch its own stablecoin, WYST, this July. Governor [Name] confirmed the rollout, positioning Wyoming at the forefront of blockchain innovation and digital asset adoption. A State-Backed Digital Dollar Alternative The WYST stablecoin will be pegged 1:1 to the U.S. dollar and backed by state-held reserves, ensuring price stability …

GameStop (NYSE: GME) has announced plans to raise $1.3 billion through convertible debt, with a portion of the funds potentially earmarked for Bitcoin purchases. This move signals the gaming retailer’s continued interest in digital assets, following its past ventures into crypto, NFTs, and blockchain technology. A Bold Strategy Amid Market Shifts According to the company’s latest filing, GameStop aims to …

Interactive Brokers, a leading global brokerage firm, has expanded its cryptocurrency trading services by adding four prominent digital assets: Solana (SOL), Cardano (ADA), XRP (XRP), and Dogecoin (DOGE). This development, announced on March 26, 2025, effectively doubles the platform’s cryptocurrency offerings, which previously included Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). citeturn0search1 Steve Sanders, Executive Vice President …

The U.S. Securities and Exchange Commission (SEC) has announced plans to host four additional crypto roundtables, signaling a potential shift in its approach to digital asset regulation. These roundtables aim to foster dialogue between regulators, industry leaders, and policymakers as the SEC navigates the rapidly evolving cryptocurrency landscape. A New Approach to Crypto Regulation? The SEC has faced criticism in …