Inside Bitcoins

Join Our Telegram channel to stay up to date on breaking news coverage Illinois has agreed to push the start of its 0.2% Digital Asset Tax from Jan. 1, 2027 to July 1, 2027, under a joint filing with industry groups that still needs a judge’s approval. The Digital Chamber announced the agreement in a post on X on Oct. 1.

Join Our Telegram channel to stay up to date on breaking news coverage A UK Upper Tribunal ruling has reduced a £13.2 million Remote Gaming Duty bill against Guernsey slots provider Jumpman Gaming to nothing, a decision that lands weeks after the duty rose from 21% to 40% in April 2026. HM Revenue and Customs issued the bill covering July 2018 to December 2022, and Jumpman objected to the inclusion of Mega Reel, its promotional free spins product.

Join Our Telegram channel to stay up to date on breaking news coverage CFTC sends proposed prediction market event contract rules to the White House The Commodity Futures Trading Commission has sent two draft rules on prediction market event contracts to the White House Office of Information and Regulatory Affairs for review, reportedly in the week ending October 2.

Join Our Telegram channel to stay up to date on breaking news coverage The average US spot Bitcoin ETF investor is back in profit for the first time since January, after Bitcoin climbed above the average holder’s estimated ETF cost basis of $81,722 per coin, according to Bloomberg Intelligence analyst James Seyffart, who said in a post on X the funds’ holders were “back above water” as the rally lifted Bitcoin past that level. The milestone arrived alongside the funds’ strongest day of the year.

Join Our Telegram channel to stay up to date on breaking news coverage Federal prosecutors told a New York judge on Sept. 30 that binary event contracts traded on Polymarket legally count as “swaps,” a classification that decides whether federal commodities law reaches prediction-market trading at all.

Join Our Telegram channel to stay up to date on breaking news coverage Bitget CEO sees little chance of recovering most of the $388 million stolen from the exchange Bitget CEO Gracy Chen said she is not very optimistic about freezing or recovering the $388 million in crypto stolen from the exchange in a breach late last week. Chen made the remarks in an interview published Tuesday, pointing to the February 2025 hack of Bybit as a reference point.

Join Our Telegram channel to stay up to date on breaking news coverage The Czech Ministry of Finance has listed the US prediction-market operator Kalshi as an unauthorised gambling operator, with Czech internet providers required to block the platform from 15 October 2026. The ministry added Kalshi to its register of operators without a Czech gambling licence on 30 September 2026.

Join Our Telegram channel to stay up to date on breaking news coverage A two-member SEC is proposing crypto custody rules The Securities and Exchange Commission on Thursday proposed rules for how investment advisers and regulated funds custody crypto assets, announced while the agency prepares to operate with two commissioners. Chairman Paul S.

Join Our Telegram channel to stay up to date on breaking news coverage Congress could kill the ban, or a Bolsonaro win could reverse it Illegal iGaming operators in Brazil jumped 74% in the 24 hours after President Lula da Silva issued a decree banning regulated online betting, and the measure’s own legal design may decide how long the ban lasts.

Join Our Telegram channel to stay up to date on breaking news coverage The Treasury Department and IRS issued a notice on September 28 flagging tax-motivated investment strategies involving digital assets. It is not a ban: the notice, Notice 2026-62, requests information on the practice and leaves open what action, if any, will follow. What the notice actually says The agencies identified digital assets as one area where fund managers may be stretching tax provisions beyond their intended purpose.