Crypto

A judge’s ruling in a criminal case may pave the way for $640 million in tax refunds, challenging the Australian Tax Office’s long-held stance on crypto taxation. A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset.  On May 19, the Australian Financial Review (AFR) reported that the decision arose within a criminal case involving federal police officer William Wheatley, who allegedly stole 81.6 Bitcoin (BTC) in 2019. At the time, the assets were worth roughly $492,000. At current market prices, the tokens are valued at more than $13 million. In the case, Judge Michael O’Connell of Victoria ruled that Bitcoin qualifies as a form of money rather than property, likening the digital asset to Australian dollars rather than to shares, gold or foreign currency. Read more

The chip manufacturer is set to power Taiwan’s next-gen sovereign AI projects as it deepens its global research footprint.

Your day-ahead look for May 19, 2025

US crypto funds marked their fifth consecutive week of positive inflows, fully recovering from a $7 billion sell-off in February and March. Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets. US-based crypto investment products attracted $785 million worth of investment last week, pushing the year-to-date (YTD) total to over $7.5 billion, according to a May 19 report by digital asset manager CoinShares. The latest figure marks the fifth consecutive week of net positive flows, following nearly $7 billion in outflows during February and March. Read more

The Bitcoin RSI shows that momentum is stretched, and the asset has climbed into overbought territory, which means it may be due for a brief retrace.

[PRESS RELEASE – Panama City, Panama, May 19th, 2025] Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a […]

The group offered "illegal hawala banking, cash collection, cash courier services, and the exchange of cryptocurrencies for cash," Europol said.

Revolut plans to invest over $1 billion in France, establish an EU headquarters in Paris and apply for a local banking license as it targets rapid expansion in its largest market. Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license. According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted by President Emmanuel Macron in Paris. The London-based neobank also plans to set up its new European Union-serving headquarters in Paris, promising to invest 1 billion euro and hire at least 200 people within three years. Revolut spokespeople also said that the firm is in the process of submitting an application to the French banking regulator Prudential Supervision and Resolution Authority. According to an anonymous source cited by Fortune, the regulator has been pushing the neobank to get a license to improve supervision due to its popularity in ...

VARA has introduced greater leverage controls and collateralization requirements through provisions in its Broker-Deal and Exchange Rulebooks

The sudden price gyrations wiped out over $460 million in long positions and $220 million in shorts, across futures tracking majors like ether (ETH), solana (SOL), and dogecoin (DOGE).

Rising deficits, reduced foreign demand, and investor unease over trade policy drive bond market turbulence and broader risk aversion.

The agreements follow Ripple securing a license from the Dubai Financial Services Authority (DFSA) in March.

Vitalik Buterin’s lightweight, local-first design for Ethereum could cut the 1.3TB storage load by syncing only the data users need.

The average purchase price for this latest tranche was $103,873 per bitcoin, according to a Monday disclosure.

Rittenhouse Research, a new firm covering fintech, AI, and crypto, is giving GLXY a strong buy rating because of its BTC mining to AI transition

El Salvador now holds 6,181 BTC worth $644M, up $137M in a month, ranking just behind the U.S., China, U.K., Ukraine, and Bhutan.

Attackers reportedly tried bribing support agents, but Binance and Kraken’s internal systems blocked the attempts.

The music icon joins industry pushback against a proposed law allowing AI training on creative works without explicit permission.

The Australian man's assets were seized under proceeds of crime laws following an AFP probe into a major crypto hack from 2013.

Pepe, WIF, BONK, and other meme coins are rallying again, buoyed by renewed market optimism and surging trading volumes.