Blockchain News

Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Key Takeaways: Missouri is set to become the first U.S. state to completely exempt capital gains from income tax, pending the governor’s signature. The measure applies to profits from assets such as stocks, real estate, and cryptocurrency, retroactive to 2025. The bill includes expanded exemptions for seniors, disabled residents, and select consumer goods to gain […]

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SKALE Labs Reveals New Protocol to Combat .8 Billion MEV Problem

SKALE Labs Reveals New Protocol to Combat $1.8 Billion MEV Problem

SKALE Labs, the team behind Layer-1 blockchain network SKALE, has launched its BITE Protocol, the “industry’s first” consensus-level solution that works to eliminate Maximal/Miner Extractable Value (MEV). The SKALE team says that BITE stands for ‘Blockchain Integrated Threshold Encryption’. It prevents anybody from accessing transaction contents before a block is finalized. The protocol encrypts transactions

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Robinhood Plans Blockchain-Based Trading for US Securities in Europe: Report

Robinhood Plans Blockchain-Based Trading for US Securities in Europe: Report

Robinhood is developing a blockchain-based platform that will allow retail investors in Europe to trade US securities, including stocks. Bloomberg reported Wednesday that the initiative will likely be launched in partnership with a digital-asset firm. Both Arbitrum, a blockchain overlaid on Ethereum, and Solana have been under consideration for the collaboration, though discussions are still

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South Korean Crypto Exchanges Fret Over Commission Fee Cap Fears

South Korean Crypto Exchanges Fret Over Commission Fee Cap Fears

South Korean crypto exchanges are “worried” they may be hit with a commission fee cap following recent comments from Lee Jae-myung, the frontrunner in the nation’s presidential race. Per the South Korean newspaper Noksek Gyungjae Shinmun, crypto exchanges think Lee’s promise to “lower crypto transaction fees” could result in lower profits for their platforms. South

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$MELANIA Lightning Buy Nets Traders 0M in 150 Seconds, Financial Times Reveals

$MELANIA Lightning Buy Nets Traders $100M in 150 Seconds, Financial Times Reveals

A May 6 report from the Financial Times alleges that a cluster of traders purchased Melania Trump’s $MELANIA meme coin just two and a half minutes before the First Lady’s January 19 Truth Social post, which unveiled the namesake cryptocurrency. $MELANIA Makes Headlines According to the London-based media outlet’s report, 24 wallets bought $2.6 million

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Tokenized RWAs Go Mainstream: Apex Partners With 21X for Regulated Blockchain Trading

Tokenized RWAs Go Mainstream: Apex Partners With 21X for Regulated Blockchain Trading

Apex Group has become the first official listing sponsor for 21X, Europe’s first licensed blockchain-based trading and settlement system. The partnership is set to accelerate the adoption of tokenized real-world assets (RWAs) in regulated financial markets, opening new access to institutional investors. Under the deal, Apex will help facilitate the listing of tokenized funds and

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Bhutan’s New Crypto Payment System Lets Travelers Pay Using Binance

Bhutan’s New Crypto Payment System Lets Travelers Pay Using Binance

Bhutan has introduced an initiative that allows tourists to pay for nearly every aspect of their visit using cryptocurrency. The country has partnered with Binance Pay and DK Bank to create the world’s first national-level crypto tourism payment system, according to a Wednesday announcement. This new system enables travelers with Binance accounts to use digital

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South Korean Presidential Frontrunner Pledges to Cut Crypto Transaction Fees

South Korean Presidential Frontrunner Pledges to Cut Crypto Transaction Fees

Lee Jae-myung, the frontrunner in the upcoming South Korean presidential elections, has promised to cut crypto transaction fees and approve Bitcoin spot ETFs if he wins June 3’s poll. Per the South Korean newspaper Hanguk Kyungjae, Lee made a series of pledges to younger voters while speaking at an event in North Chungcheong Province on

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Veteran Trish Turner Takes IRS Crypto Helm as Musk’s DOGE Cuts Decimate Agency

Veteran Trish Turner Takes IRS Crypto Helm as Musk’s DOGE Cuts Decimate Agency

The Internal Revenue Service (IRS) is tapping longtime official Trish Turner to lead the organization’s Digital Assets Office, as stated in a May 5 report from Bloomberg. Trish Turner Tapped For Top Position According to the media outlet, Turner will serve as the crypto unit’s head after spending nearly two decades with the agency. The

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Coinbase CEO Demands Swift Stablecoin Laws as 0B Threatens to Exit U.S.

Coinbase CEO Demands Swift Stablecoin Laws as $240B Threatens to Exit U.S.

Key Takeaways: Federal stablecoin legislation could unlock $240 billion in institutional capital. Without clear rules, the U.S. risks losing its stablecoin dominance to offshore issuers. Regulatory delays push crypto innovation to friendlier jurisdictions. On May 6, Coinbase chief executive Brian Armstrong urged Congress to move stablecoin and broader crypto market rules across the finish line

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