United States

IRS expects a surge in crypto tax crime cases amidst the tax filing deadline. Collaborations with firms like Chainalysis aim to bolster enforcement efforts. Taxpayers are urged to comply with reporting requirements to avoid legal repercussions.

Despite efforts to regulate stablecoins, the path forward remains uncertain, with significant hurdles hindering progress.

Wall Street's adoption of stablecoins, like BlackRock's use of USDC, could speed up US regulatory changes. BlackRock's tie-up with Circle links traditional assets to stablecoins, potentially influencing the future of regulated stablecoins alongside CBDCs.

BLS reportedly maintained an unofficial mailing list through which the biggest Wall Street names got early peaks at CPI.

Binance sees its $4.3 billion settlement with the U.S. as a positive step towards embracing regulation, which the company believes will bring clarity and comfort to users. The exchange is transitioning to a more mature operation under new CEO Richard Teng.

Barkin optimistic on inflation progress, sees AI growth. Biden acknowledges inflation decline, hints at possible delay in interest rate cuts. Investors anticipate FED rate cut in July, not June.

US spot bitcoin ETFs experience significant outflows, with GBTC leading the decline. Blackrock's IBIT and Fidelity's FBTC see slight inflows amidst the overall trend. Despite fluctuations, US spot bitcoin ETFs maintain substantial trade volume and market capitalization.

Disparte highlights congressional inaction amid blockchain regulation efforts, emphasizing Circle's compliance focus and the need to address illicit activities in cryptocurrency.

US Treasury seeks expanded powers to combat cryptocurrency misuse by Iran, Russia, and North Korea. Deputy Secretary highlights challenges in tracking illicit activities, proposes strengthening sanctions against crypto misuse. Intensified scrutiny on crypto transactions to thwart sanctions evasion attempts, emphasizing need for innovative measures.

High-stakes duel: ECB eyes June rate cut amidst Eurozone's deflating inflation, while Fed treads cautiously amid robust US growth. Who'll make the first move? Timing is everything in this global economic chess match.