The final regulations classifying several decentralized finance (DeFi) protocols as brokers have sparked immediate backlash within the crypto industry, with calls for the incoming Congress to overturn the new rules. Disclosed on Dec. 27 by the US Internal Revenue Service, the new regulations treat front-end protocols facilitating digital asset transactions as brokers, requiring Know Your Customer disclosures…

Blockchain gaming faces several challenges in 2025. Tobin Kuo, CEO of blockchain gaming company Seraph, told Cointelegraph that sustaining player engagement, adopting new technologies, and building sustainable in-game economies were the hurdles GameFi must overcome to remain viable. According to Kuo, over 60% of players disengage from Web3 games after only 30 days. The CEO…

Bitwise, an exchange-traded fund (ETF) issuer, has submitted a proposal to introduce a new fund designed to invest in publicly traded companies with substantial Bitcoin holdings on their balance sheets. The Bitwise Bitcoin Standard Corporations ETF would invest in companies “that have adopted the ‘Bitcoin standard’” and hold at least 1,000 Bitcoin in their corporate…

Stablecoin issuer Tether made its first crypto venture capital fund investment into Arcanum Capital’s Arcanum Emerging Technologies Fund II — a tokenized investment vehicle specializing in decentralized Web3 projects — for $2 million. Managing partner at Arcanum Capital, James McDowall said the fund invests in blockchain technologies that enhance remittances, cross-border payments, privacy and banking…

South Korean crypto holders reportedly increased in November after Donald Trump won the United States presidential election. On Dec. 25, South Korean media outlet Yonhap News reported that in November, the number of crypto users in the country increased by 610,000. Representative Lim Kwang-Hyun of the Democratic Party of Korea shared data showing that digital asset investors…

Turkey introduced new cryptocurrency regulations during the final week of 2024, inspired by positive regulatory developments in the world’s major jurisdictions, including Europe. Under the new regime, users executing transactions of more than 15,000 Turkish lira ($425) will be required to share their identifying information with the country’s crypto service providers, according to a Dec….