Amber International Holding (AMBR), a crypto trading firm Amber Group subsidiary, said it raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve, a fund designed to support strategic growth across blockchain networks. The raise, announced Thursday, was priced at $10.45 per share, which is a 5% discount to the
Falcon sat down with HousingWire to offer his perspective as a predecessor of Pulte’s and to showcase Falcon Capital Advisors’ new digital asset practice that advises mortgage lenders on how to safely incorporate crypto and other digital currencies into their businesses. This interview has been edited for length and clarity. Sarah Wolak: Can you tell
US Senator Cynthia Lummis submitted a draft bill on Thursday, outlining several provisions to overhaul the tax code and exempt certain digital asset transactions from taxation after crypto amendments failed to appear in the budget package. The bill proposes a de minimis exemption for digital asset transactions and capital gains of $300 or less, with
Senator Cynthia Lummis (R-WY) has introduced a sweeping digital asset tax reform bill aimed at modernizing how cryptocurrencies are taxed in the United States, renewing her efforts to ease regulatory burdens on digital asset users. What Happened: The legislation, unveiled on July 3, proposes to resolve several long-standing tax complications in the crypto sector, including
A US government watchdog has recommended reforms to the Internal Revenue Service (IRS) criminal investigation division’s handling of digital assets, citing repeated failures to follow established protocols. In a Tuesday report, the US Treasury Inspector General for Tax Administration said its evaluation of the IRS Criminal Investigation (IRS-CI) revealed shortcomings around the seizure and safeguarding
Tax proposals meant to reduce burdens among crypto users, including one that would waive capital-gains calculations for small-scale transactions, didn’t make it into President Donald Trump’s marquee budget bill but are now being pursued as standalone legislation in the U.S. Senate. Senator Cynthia Lummis, who leads the crypto subcommittee within the Senate Banking Committee, introduced
In 2025, Bitcoin’s value hit $2 trillion, putting it up there with big names like Apple and Microsoft. Crypto is no longer only about money—it’s also part of how technology functions. We are seeing crypto appear in gaming platforms, mobile applications, and wallets made for ordinary users. Bitcoin has hit $110,000,
Key Takeaways The IMF rejected Pakistan’s proposal to offer subsidized electricity rates for crypto mining and energy-intensive industries. Despite electricity surpluses, the IMF is concerned about market distortions and has only approved limited relief plans for the power sector. Share this article The International Monetary Fund (IMF) has dismissed Pakistan’s proposal to lower electricity costs
Looking back a few years ago, cryptocurrency mining required a large amount of capital investment, money to purchase mining machines, electricity bills, and understanding of related technologies. Sheffield, South Yorkshire, UK, July 03, 2025 (GLOBE NEWSWIRE) — But now it is 2025, and everything has changed. TWL Mining has launched a new mobile cloud mining
Following its comprehensive “Crypto for Everyone” rebrand in May 2025, Bitget Wallet has positioned itself as a complete crypto lifestyle platform serving over 80 million users globally. The wallet distinguishes itself through thoughtful integration across all four key areas, creating a genuinely comprehensive cryptocurrency experience. Trading capabilities showcase impressive sophistication with the Alpha feature providing