Taxes
Illinois backs delay to crypto tax rule after months of industry pushback
The state still defends the law, but a joint filing would postpone the levy as rulemaking and litigation drag on.
Sentiment: Neutral
Latest stories
Adoption
El Salvador’s $666 million Bitcoin reserve survives IMF review
The country keeps financing access as the Fund pushes for less state involvement and greater crypto transparency.
Trading
Ethereum’s past outflow charts can change when more exchange wallets are identified
Coin Metrics rebuilt ETH Standard flows, but an outflow trading claim still needs the data available at the decision time.
Macro
Bitcoin’s $85,000 recovery awaits proof that ETF investors kept buying after payrolls
Glassnode estimated the probability of an additional quarter-point hike at the Oct. 28 meeting fell from 66% on Sept. 28 to 22% by 15:00 UTC on Oct. 2.
Wallets
Bitcoin Core’s new fix closes gap that could redirect funds without stealing keys
The safeguard blocks a narrow PSBT case where a valid signature could survive changes to the intended payment destination.
Regulation
New Treasury rules could change how stablecoin issuers get your dollars back
Washington is changing how Treasury trades clear, and stablecoin issuers depend on that machinery to turn reserves into cash.
Exchanges
India’s local crypto exchanges get just 0.7% of inflows, Chainalysis reports
Chainalysis’s new regional chapters separate national crypto participation from domestic exchange business, with Brazil-based platforms receiving 12.5% of inflows.
Payments
Vitalik-inspired AI payment system can send expired deposits to its treasury
zkAPI offers an exit without server clearance, but challenged spending states, vault pauses and note expiry can constrain recovery.
Staking
Lido’s proposed staking route needs over 13 times the default entry bond
A higher entry bond lowers collateral per ETH at full balance, but funding and operator profiles determine fee-efficiency gains.
ETF
3x Bitcoin and Ether futures funds clear SEC listing hurdle
The products target triple daily futures-benchmark returns before fees, while registration effectiveness and a first trading date remain unconfirmed.
Exchanges
Binance will hold some Brazil crypto deposits until users explain where the money came from
New Nov. 1 rules force users to disclose transfer purpose and counterparties as Brazil pulls cross-border crypto deeper into its FX regime.
Legal
Bankers sue to overturn OCC trust-bank rule used by crypto firms
Community bankers are asking a federal judge to unwind the OCC rule behind a 21-bank trust charter push, including 13 crypto firms.
