Illinois has enacted a $55.9 billion budget featuring a first-of-its-kind 0.2% tax on crypto assets, set to take effect in January 2027. The Digital Asset Tax Act will levy a privilege tax on digital asset brokers for customer transactions, drawing sharp criticism from industry leaders concerned about discriminatory practices and potential capital flight.
Investment scams involving gold, crypto, and wine have surged, with over £220m lost in the past year. UK banks reported nearly 15,000 such scams in 2025, fueled by AI's ability to create sophisticated, large-scale deceptions. Overall fraud losses reached £1.28bn.
US President Donald Trump announced a deal to end fighting with Iran is set for Sunday signing, reopening the Strait of Hormuz. Pakistan, mediating talks, also signaled an agreement within 24 hours, though Iran has not confirmed the Sunday timeline.
MoonPay has launched an app within ChatGPT, enabling users to buy cryptocurrencies like Bitcoin and Solana directly through the chatbot. This integration aims to simplify crypto purchases and educate consumers, marking a significant step in AI-driven financial tools.
Hyperliquid's native token, HYPE, has surged to a record high of over $62, defying the broader cryptocurrency market slump with a 120% year-to-date gain. This rally is attributed to a shift towards an institutional Wall Street platform, strong ETF flows, and a short squeeze.
French President Emmanuel Macron has called for the regulation of cryptocurrencies, warning they are increasingly used for terrorism and organized crime financing. Speaking at the "No Money for Terror" conference in Paris, he urged an end to the "Wild West" of unregulated digital assets, emphasizing the need for transparency to combat illicit flows.
A Federal Reserve report reveals 10% of US adults used crypto in 2025, up from 8% in 2024, reaching 2022 levels. Investment remains the primary driver, though transactional use is growing. A generational and income divide persists.
Grayscale and VanEck have filed amended S-1 registration statements for their spot BNB ETFs, moving closer to potential SEC approval. BNB is the fourth-largest crypto by market cap but has not yet seen a US spot ETF, unlike Solana, Litecoin, and XRP.
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Crypto.com secures a Stored Value Facilities (SVF) license from the UAE Central Bank, becoming the first crypto platform to offer regulated digital asset payment services, including for government fees, bolstering Dubai's cashless economy goals.
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5 Next Cryptocurrencies to Explode in 2026 The Motley Fool
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Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.
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