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View More NewsIn brief HMRC has announced that depositing crypto into DeFi lending protocols and liquidity pools will be treated as “no gain, no loss,” deferring capital gains tax until an actual disposal. The measure, published Monday and taking effect in April 2027, aims to end the disproportionate admin burden created by HMRC’s 2022 guidance. Aave founder Stani Kulechov called it “the right direction,” crediting industry feedback for the shift. The UK’s HM Revenue & Customs has confirmed that depositing cryptoassets into DeFi lending protocols and liquidity pools will no longer count as a taxable disposal, deferring any capital gains tax until…
A nice line from Daniel Webster, quoted by Judge Joshua Wolson (E.D. Pa.) July 8 in Estate of Funkhouser v. Delaware County. As Judge Wolson notes, this is because “Lawyering requires care and attention to detail.” The post He Who "Would Be a Great Lawyer" "Must First Consent to Become a Great Drudge" appeared first on Reason.com. Read the full article here
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In a special America 250 issue, Reason takes a look back at our country’s founding people and ideas. Read more here. Joanna Andreasson “For upwards of two years from the commencement of the American War, and to a longer period…
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Nearly every war Israel has fought has been reactive and mostly unplanned. It had to fend off armed attack from other states in 1948, 1973, and 1991. It was dragged into conflict initiated by non-state guerrilla actors in 2006 and 2023. It has been engaged in counterinsurgency or counterterrorism of one kind or another too many times to count. Even when its forces did fire the first shot, it was nearly always in wars that Israel did not seek and did not adequately plan for, most notably in 1967. At other times, Israel took advantage of opportunities to degrade and…
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BitMine Immersion (BMNR) added to its Ethereum treasury last week, bringing its total holdings to 5.77 million ether (ETH), or about 4.8% of Ethereum’s…
In brief Senate Democrats are ramping up opposition to the Clarity Act, demanding ethics rules barring President Trump and his family from profiting off…
Bolivia is considering adding Tether’s USDT stablecoin to its national payments system, marking another step in the country’s shift from banning crypto transactions to…
In brief 200 protesters marched between the offices of OpenAI, Anthropic, and Google DeepMind. Organizers again called on frontier AI companies to pause training…
Greetings and welcome to the latest edition of the Injustice System newsletter. It’s now the first week of June, which means the U.S. Supreme…
Bitcoin BTC$69,531.29 fell to its lowest level since April 7 on Tuesday, breaking below $70,000 in a downswing that has accelerated sharply since Sunday.…
Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in…
This is part of 1776 All-Stars, a series about Reason’s favorite American Founders. Read more here. Joanna Andreasson When Benjamin Franklin was 17 years…
MoneyGram announced Tuesday it had launched its own U.S. dollar-backed stablecoin on the Stellar (XLM) blockchain, joining a growing wave of global payments companies…
Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control.Key points:Bitcoin drops under $70,000 to…
An excerpt from the long opinion Thursday in People v. White, decided by California Court of Appeal Justice David Rubin, joined by Justices Terry…
