France Delays Budget Vote Again, Leaving Stablecoin Tax Pending
Lawmakers defeated a proposal to tax unrealized crypto gains when residents move abroad, but a stablecoin-swap tax remains in the provisional budget text.... Read the full story at The Defiant
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Read on The DefiantRelated market context
Circle Asks SEC to Clarify Cash Treatment for Qualifying Payment Stablecoins
TL;DR: Circle’s comment letter asks the SEC to align its crypto-asset proposal with payment-stablecoin rules. The company’s reques...
Solana’s monthly stablecoin card spending hits record $141 million in October
Solana's rising stablecoin card spending highlights growing crypto adoption, but reliance on few issuers poses potential concentra...
Visa Stablecoin Payments Explained: Settlement, Spending and Payouts
A shopper can spend a stablecoin balance while the merchant receives ordinary money. That is different from using stablecoins to s...
Broadridge Signs On to Run Shareholder Votes for NYSE’s Planned Tokenized Stocks
Broadridge Financial Solutions, which runs the ProxyVote shareholder voting platform, will provide onchain governance for the New...
Ripple and Water.org Expand Stablecoin Work as Aid Payments Move Faster
TL;DR Ripple announced an expanded Water.org partnership in late October. The work includes payments, stablecoin settlement and di...
Hong Kong Advances EnsembleTX to 24/7 Settlement and Plans Stablecoin Trials
TL;DR Settlement hours matter when both cash and assets can move. Continuous service also needs funding and operational support. S...