New York bill proposes legalizing Bitcoin, crypto for state payments

New York bill proposes legalizing Bitcoin, crypto for state payments

The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions. A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill…

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Trump signs resolution killing IRS DeFi broker rule

Trump signs resolution killing IRS DeFi broker rule

US President Donald Trump has signed a joint Congressional resolution to repeal a rule that would have required DeFi protocols to report to the Internal Revenue Service. US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country’s tax…

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Trump’s tariff escalation exposes ‘deeper fractures’ in global financial system

Trump’s tariff escalation exposes ‘deeper fractures’ in global financial system

Trump’s tariff escalations will “test the resilience of every asset class,” which may lead to a renewed appetite for safe-haven assets. Escalating trade tensions and renewed uncertainty in global markets are driving investors toward alternative assets, including Bitcoin and tokenized real-world assets (RWAs), as concerns mount over the long-term stability of the financial system. Global…

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Trade tensions to speed institutional crypto adoption — Execs

Trade tensions to speed institutional crypto adoption — Execs

Faster adoption could be the “silver lining” of recent market volatility for crypto, industry executives said. Mounting international trade tensions are rattling cryptocurrency markets — but they could also accelerate institutional crypto adoption, several industry executives told Cointelegraph.  Since US President Donald Trump announced sweeping tariffs on US imports on April 2, core cryptocurrencies experienced…

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Bitcoin DeFi booms as Core blockchain hits 0M in dual-staked assets

Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets

Core’s Rich Rines told Cointelegraph that the success of its staking model shows there’s a way for Bitcoin to be more productive. Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow. Core’s initial contributor, Rich Rines, told Cointelegraph that…

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4th gen crypto needs collaborative tokenomics against tech giants — Hoskinson

4th gen crypto needs collaborative tokenomics against tech giants — Hoskinson

Charles Hoskinson says crypto must adopt cooperative tokenomics to compete with tech giants as US regulation opens the door to Apple, Amazon and others. The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson. Speaking at…

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RedStone targets trading latency with new oracle on MegaETH

RedStone targets trading latency with new oracle on MegaETH

The new push-based oracle delivers price updates every 2.4 milliseconds, according to RedStone. RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading. According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting…

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