Binance Boasts Surplus Reserves, Bolstering Confidence After FTX Fallout

Binance has maintained surpluses across 37 tracked assets, publishing its 30th consecutive proof-of-reserves snapshot. While BTC and BUSD coverage stand at 102% and 206%, the exchange has also partnered with Kyrgyzstan on nationwide crypto payments and backed crypto tourism in Bhutan.
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Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Missouri has advanced landmark legislation to scrap capital gains taxes on profits from stocks, property and crypto, retroactive to 2025. The measure, awaiting Gov. Mike Kehoe’s approval, has triggered debate over lost revenue versus potential economic growth and interstate tax competition.
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Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead?

Cryptocurrencies have rallied as Trump has unveiled a “maxed-out” U.S.–UK trade deal showing a softer tariff stance. Bitcoin has topped $100,000 and altcoins have followed, though analysts note low volume may bring short-term swings as markets await more details.
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Scott Bessent Ignites Capitol Showdown with Historic Crypto Bill Endorsement

Scott Bessent has told lawmakers in a House hearing that the United States should remain the premier venue for digital assets, praising new crypto proposals and saying stablecoin rules could bolster dollar use. Draft legislation has arrived amid Democratic protests over conflicts of interest.
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USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

USD1 has grown from $128 m to more than $2.1 bn within days, driven by sizeable BNB-Chain mints and MGX’s agreement to use the token for a $2 bn Binance investment. Backed by WLFI, the dollar-pegged coin now ranks seventh by market cap, has drawn investors across Europe, Asia and Latin America, and has been listed fee-free on HTX.
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