Posts

Solana, XRP ETF Bids Pulled by CoinShares: Focus Shifts to Higher-Margin Crypto

Image
Altcoin market sentiment falls; institutional crypto bids withdrawn. Digital assets, investment trends, crypto ETFs. CoinShares Abandons Solana & XRP ETF Bids: A Pivot to Higher-Margin Crypto Products 📌 Event Background and Significance ⚖️ In a surprising turn, CoinShares, a prominent European digital asset manager, has withdrawn its applications for several spot crypto Exchange Traded Funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). This includes highly anticipated ETFs for Solana (SOL) , XRP , and Litecoin (LTC) . This move signals a significant shift in CoinShares' U.S. strategy, reflecting the evolving landscape of the crypto ETF market and the increasing pressure on profit margins. 📊 The ETF race has intensified since the approval of the first spot Bitcoin ETFs in early 2025. However, the market has quickly become saturated, with a fe...

Swiss Bitcoin Tax Law Gets Big Delay: More Time Before Global Tax Reporting

Image
Crypto tax shifts; 2027 deferral allows planning for digital assets, global crypto taxation. Switzerland Delays Crypto Tax Law: Impact on Global Reporting Standards 📌 Understanding the Swiss Crypto Tax Law Delay The Swiss Federal Council recently announced a delay in implementing its new Crypto-Asset Reporting Framework (CARF). This decision postpones the enactment of the law to January 2026, with actual implementation pushed to 2027 at the earliest. The primary reason cited is the suspension of deliberations by the National Council’s Economic Affairs and Taxation Committee (ETAC) regarding partner states for data exchange. This delay also impacts the Federal Act on the Automatic Exchange of Information in Tax Matters (AEOIA) and its associated ordinance, which will not apply to crypto assets in the coming year. However, amendments to the AEOI Ordinance have been appr...

UK Requires Crypto Data From Jan 2026: Prepare For UK Tax; New Opportunities

Image
Digital asset regulations tighten: HMRCs 2026 data collection impacts crypto taxation, UK crypto compliance. UK's Crypto Tax Crackdown: Exchanges to Report User Data in 2026 📌 Major Shift In Crypto Trading Oversight The United Kingdom is set to intensify its oversight of cryptocurrency holdings, compelling digital asset providers, including major exchanges, to furnish detailed financial data on UK taxpayers to His Majesty’s Revenue & Customs (HMRC). This move, slated to commence on January 1, 2026, signifies a fundamental shift in how crypto trading is monitored for tax purposes . According to a recent report in the Financial Times, cryptocurrency exchanges will be mandated to collect extensive transaction records from their UK customers. These records will encompass crucial details such as purchase prices, selling amounts, and profits accrued from these tran...

Democrats accuse Trump's crypto corruption: New corruption era: Billions made

Image
Crypto market sentiment dips on regulatory uncertainty: digital assets policy, investor risk. Trump's Crypto Ventures Under Scrutiny: Democrats Allege Corruption 📌 House Democrats Accuse Trump of Crypto-Related Corruption Democratic lawmakers in the US House of Representatives are accusing President Donald Trump and his administration of exploiting the White House to enrich his family through crypto ventures. Representative Jamie Raskin of the House Judiciary Committee has released a report alleging that Trump has turned the presidency into "a personal money-making operation" via cryptocurrency businesses. The 27-page document, titled “Trump, Crypto, and a New Age of Corruption,” compiles news reports indicating that the Trump family's crypto holdings have surged to $11.6 billion since he took office. It is alleged that the family made over $800 mil...

Popular posts from this blog

Bitcoin November outlook reveals new risks: 2025 price target hits $165K

Solana ETFs Experience Massive Inflows: SOL Becomes 3rd Major Crypto

Simon Dixon alleges BlackRock's Bitcoin scheme: The Hidden War For Bitcoin's Future