Crypto news
Digital assets, exchanges, stablecoins, regulation and enforcement — crypto news for the business.
Photo: © CoinDesk
Bitmine resumes share buybacks after 10-week pause while adding 10,452 ETH
Ethereum treasury firm Bitmine bought back 2.04 million of its shares for about $45.9 million last week and added 10,452 ETH, bringing its holdings to 4.95% of total supply, close to its 5% target.CryptoCoinDeskPhoto: © CoinDesk
South Korea considers fourth delay to crypto gains tax, pushing start to 2029
South Korea's presidential office is reportedly leaning toward postponing its crypto gains tax until 2029, citing the lack of U.S. trading data. The tax is still officially due to start on January 1, 2027.CryptoCoinDeskPhoto: © CoinDesk
Canada opens 60-day consultation on draft stablecoin rules, keeps ban on issuer yield
Canada has begun a consultation on draft regulations under its Stablecoin Act. The proposals keep the prohibition on yield, require non-bank issuers to hold reserves at Canadian institutions and cap redemption fees at 1%.CryptoCoinDeskPhoto: © CoinDesk
Derive trader builds $68 million bitcoin call position targeting $90,000 after U.S. midterms
A single wallet bought 800 bitcoin $90,000 calls on decentralized options platform Derive, the largest open BTC position on the venue. Market-implied odds of a $100,000 bitcoin by Christmas also rose.CryptoCoinDeskPhoto: © CoinDesk
Polymarket launches short-duration gold and silver 'Up or Down' markets, its first outside crypto
Polymarket now offers gold and silver price markets on its US and international platforms, with windows as short as 15 minutes. WTI and Brent crude oil markets are planned next.GamblingCryptoCoinDesk