Public Canadian Firm Swaps CAD for BTC: Matador Technologies Joins the Bitcoin Treasury Revolution

According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared it’s adding bitcoin to its balance sheet. Matador Technologies Aims to ‘Future-Proof’ Its Treasury Matador, a crypto venture launched in 2014, trades on the TSX Venture Exchange with the ticker MATA, and will now keep bitcoin (BTC) in its … Read more

Singapore Issues 13 Crypto Licenses In 2024, Outpacing Hong Kong’s Slow Progress

Singapore has granted 13 cryptocurrency licenses to major industry players, including OKX, Upbit, Anchorage, BitGo, and GSR, in the past year. This marked more than double the licenses issued by the city-state in 2023. Meanwhile, Hong Kong’s efforts to establish itself as a crypto-friendly financial center have lagged, with its licensing process progressing at a … Read more

IRS Reaffirms Staking Rewards Are Taxable, Says They Are Not New Property

The US Internal Revenue Service (IRS) has reiterated its stance that staking rewards are taxable income upon receipt, rejecting claims that they should be treated as new property and taxed only upon sale. The clarification comes amidst a legal challenge from Joshua and Jessica Jarrett, who argue that staking rewards should not be taxed until … Read more

W Chain Soft Launches Layer 1 Mainnet

W Chain leverages a hybrid blockchain model, combining public and private networks to create a flexible, secure, and efficient global payment system tailored for businesses and individuals. The soft launch limits validator integration to a select group, ensuring system stability and the ability to address challenges without overwhelming the network. W Chain, a hybrid blockchain … Read more

EU Crypto Policy: What To Expect In 2025?

What Does the Future of Crypto in Europe Look Like? EU crypto policy predictions expected the introduction of MiCa in 2025 and more. The European Union is expected to transform its financial environment in 2025 with the full implementation of the Markets in Crypto-Assets (MiCA) regulation and the Digital Operational Resilience Act (DORA). By addressing … Read more