The Swiss Federal Council and the State Secretariat for International Financial Affairs announced on Wednesday that the implementation of rules for the automatic exchange of cryptocurrency account info with overseas tax authorities will be postponed until 2027. The Crypto Asset Reporting Framework (CARF) rules will still be written into law on January 1, 2026, as originally planned, but implementation will be delayed by at least a year. The Swiss government said the reason for the delay is that ...
Share, a fledgling social trading app, recently raised $5 million from investors including Coinbase Ventures, Collab + Currency, and Palm Tree Crypto. The app, founded by Scott Gray, founder of NFT aggregator Genie, aims to provide real-time sharing of cross-chain transactions for Solana, Base, and Ethereum users.
South Korea is preparing to share detailed trading data from domestic and foreign cryptocurrency exchanges with its national tax authorities to fully implement the OECD's Crypto Asset Reporting Framework (CARF). The new rules will require local platforms such as Upbit and Bithumb to report transactions of non-residents, while overseas platforms will also be required to report transactions of Korean investors to global tax authorities. The data exchange will be officially launched next year and i...
The United States and Switzerland have ended a years-long standoff over sharing client investment information that will give the United States a clearer picture of assets held in the European banking hub, according to the Financial Times. The agreement follows inspections by the US Securities and Exchange Commission of at least eight Swiss companies that do business through US entities, including smaller management firms and Vontobel, a larger investment group, three people familiar with the mat...
The US and Switzerland have ended a years-long standoff over the sharing of client investment information, according to the Financial Times, which will give the US a clearer picture of assets held in the European banking hub. Three people familiar with the matter said the agreement followed inspections by the US Securities and Exchange Commission of at least eight Swiss companies doing business through US entities, including smaller managers and...
According to the proposal, Aave Labs proposed to Uniswap DAO to launch an Uniswap V4 LP position manager module that would allow users to lend GHO stablecoins against V4 liquidity positions, with plans to expand to other assets in the future. The module will be integrated into Aave V4 and linked to the GHO stability mechanism, and Uniswap DAO will receive 50% of the interest on GHO loans as income. The proposal also includes a request for $3.30 million UNI funding for development, audit and prom...
On February 28th, He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, was invited to attend the annual appreciation dinner of the American Chamber of Commerce in China in Beijing on the 28th and delivered a speech. He Lifeng said that President Xi Jinping's phone call with President Trump in January pointed out the direction for the development of bilateral relations. China and the United States share extensive common interests and broa...
FOX Business reporter Eleanor Terrett shared in a post that Canary Capital has launched the AXL (Axelar) trust, Canary AXL Trust, which will contain the native tokens of the Axelar network and is the first investment trust to offer universal blockchain interoperability protocol investments. The Axelar protocol has become the leading cross-chain protocol and is working closely with Ripple to support the interoperability of its stablecoin, RLUSD. Axelar acts as a bridge between the XRP Ledger and ...
The Graph, a blockchain data indexing protocol, has announced the launch of Geo Genesis, a knowledge-sharing app that allows users to collate and share Web3 knowledge, with the aim of enabling inexperienced users to use Web3 and encouraging participation in the decentralized ecosystem. The Graph is expected to make the transition from asset-based protocols to knowledge-centric applications.
Astria, a decentralized shared ordering layer, has launched the mainnet, one of the projects aimed at decentralizing blockchain "sequencers". The sequencers are components of a layer 2 network that compile transactions that occur on a secondary network in order to record them on the main layer 1 blockchain, such as Ethereum. Astria says its setup represents "a single, permissionless network that can be shared by multiple rollups, providing settlement (i.e. bridging) and decentralized sorting, wi...