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🇺🇸 US DROPS $250 CRYPTO TRANSFER RULE
The US Treasury's FinCEN and the Federal Reserve have withdrawn their 2020 proposal to slash the cross-border transfer reporting threshold from $3,000 to $250.
✅ The $3,000 threshold stays in place — including for crypto transfers.
📅 The withdrawal takes effect when published in the Federal Register on Nov 9, 2026.
🔒 No further action on the 2020 proposal — any future change needs a fresh round of public comment.
A win for crypto privacy and lighter compliance for exchanges and users.
#Bitcoin #Crypto #FinCEN #FederalReserve #CryptoNews #Regulation #Zimbuck
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🚨 BREAKING: Asia's selloff deepens — South Korea's KOSPI crashed 8.55% in early Friday trading, triggering a 20-minute circuit breaker and falling below 5,000 for the first time in nine months.
Samsung fell 10% and SK Hynix plunged 12% as chip stocks led the rout. Japan's Nikkei dropped 6.7%, sliding toward a bear market — down 20% from its June peak.
The rout follows Wall Street's worst day since April 2025, with the Nasdaq down 5.52% on fears that new US AI regulation could slow the data-center boom.
#KOSPI #Nikkei #StockMarket #AIStocks #Samsung #SKHynix #MarketCrash #Zimbuck139 Vizualizări -
🇬🇷 Greece just approved its first-ever crypto tax framework.
Parliament voted on Nov 5 to levy a 10% capital gains tax on crypto — down from the 15% originally proposed. The first €500 (~$563) of annual net gains is tax-free, and crypto-to-crypto swaps won't trigger tax. The new rules apply from January 1, 2027.
Greece joins a growing list of EU states bringing crypto fully into the tax net.
#Crypto #Bitcoin #Greece #CryptoTax #Regulation #CryptoNews #Zimbuck172 Vizualizări -
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⚖️ Arkansas has sued prediction-market platform Kalshi, accusing it of running an illegal gambling operation in the state.
Attorney General Tim Griffin filed the suit on Nov 4 against KalshiEX LLC and Kalshi Inc., saying the platform let Arkansas residents as young as 18 wager on sports, elections and entertainment without state gambling licences. The 57-page complaint, filed in Independence County Circuit Court, calls Kalshi a "pocket-sized bookie" and seeks restitution, civil penalties, unpaid gambling taxes and an injunction.
Arkansas is the seventh state to charge, sue or restrict Kalshi, according to a CoinDesk tally. Utah filed 14 criminal charges against the company and its co-founders last week, while the CFTC has sued 10 states defending its jurisdiction over prediction markets. Kalshi says its contracts are federally regulated derivatives, not gambling.
Kalshi took 82% of a record $72.3 billion in combined prediction-market volume in September, according to FM Intelligence.
#Kalshi #Arkansas #PredictionMarkets #Crypto #Regulation #CryptoNews #Zimbuck156 Vizualizări -
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