Author: cryptoz7

CryptoUK is set to host a panel discussion today at 1 PM, focusing on the recent changes in the UK tax treatment of stablecoins and DeFi. Attendees will have the opportunity to raise questions regarding the implications of these regulatory adjustments for firms and taxpayers. The event follows the UK government’s decision to lower the…

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Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

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Add preferred source Bitcoin climbed roughly 11% to settle above the $80,000 level even after the U.S. Senate failed to advance the CLARITY Act, a digital asset market structure bill. Bitwise CIO Matt Hougan argued that avoiding certain regulatory provisions embedded in the bill — including a ban on stablecoin yield payments — actually proved…

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