U.S. lawmakers have stepped up efforts to update crypto tax rules, debating de minimis exemptions for small payments, staking income timing, exchange reporting duties and new 1099-DA forms as the IRS has prepared for broader oversight in 2026.
The post Crypto Tax Bill Targeted for Passage by Next August, House Tax Writer Says appeared first on Cryptonews. …
Month: December 2025
Bitcoin Selling Pressure Eases as Exchange Inflows Drop: CryptoQuant
Bitcoin has rebounded after a sharp drop, with exchange deposits, whale transfers and realized losses all declining, which has eased short-term selling pressure and set up resistance levels around $99K, $102K and $112K ahead of the Federal Reserve policy decision.
The post Bitcoin Selling Pressure Eases as Exchange Inflows Drop: CryptoQuant appeared first on Cryptonews. …
Benin coup plot leader hiding in Togo, official tells BBC
The coup was thwarted after Nigeria sent warplanes to dislodge the mutineers from the offices of state TV.
Taliban warn Afghans who wore ‘un-Islamic’ Peaky Blinders outfits
The friends were warned their clothing was “in conflict with Afghan and Islamic values”, a Taliban spokesman told the BBC.
US judge blocks Trump’s National Guard deployment in Los Angeles
The judge has ordered control of the the troops, which were deployed in June, to be returned to California’s governor.
Nobel Peace Prize winner’s daughter accepts award on her behalf
Venezuelan opposition leader María Corina Machado, who lives in hiding, is reportedly on her way to Oslo.
Judge rules Epstein grand jury records from 2019 case can be released
A federal judge says materials from the investigation can be unsealed because of a new law passed by Congress last month.
Iceland becomes fifth country to boycott Eurovision
Iceland joins Spain, Ireland, Slovenia and the Netherlands in saying it will boycott the 2026 contest.
Trump vows to make US affordable again, as Americans feel the pinch
The president says he is focused on “making America affordable again”, as cost of living becomes a campaign issue.
Gunfire as rebels target key DR Congo city despite Trump peace deal
Schools and shops remain closed in Uvira amid fears that rebels have seized some administrative buildings.