Everything web3, crypto, defi, degen
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.🟣 Polymarket’s U.S. Return: “Green Light” Becomes Go-TimeAfter four years on the sidelines, the world’s biggest prediction market is set to reopen to U.S. users.Potentially as…
In brief Sen. Ron Wyden (D-OR) alleged Wednesday that Pantera Capital founder Dan Morehead may have used Puerto Rican residency to improperly dodge U.S. taxes, and has avoided cooperating with an investigation into the matter for months. In a letter sent this week, Wyden said Morehead’s attorneys “have all but disappeared” since pledging to cooperate…
ASTER VS HYPERLIQUID, XPL BULL & BEAR CASE, DAT TRADE IN TROUBLEBitcoin strength continues, altcoins mixed. Various l1 etfs may be approved very soon. Sec-cftc turf war is over: pham. Sec willing to engage with token issuers: pierce. Senate committee to meet to examine crypto taxes. Wisconsin may open up licenses to crypto firms. Strategy…
BTC LEADS, GOVERNMENT SHUT DOWN FEARS, L1 ETFS MAY COME SOONBitcoin strength continues, altcoins mixed. Various l1 etfs may be approved very soon. Sec-cftc turf war is over: pham. Sec willing to engage with token issuers: pierce. Senate committee to meet to examine crypto taxes. Wisconsin may open up licenses to crypto firms. Strategy buys…
In brief South Korean actor Hwang Jung-eum received a suspended prison sentence for embezzling $3 million from her agency to invest in crypto. The Jeju District Court showed leniency after Hwang repaid the entire embezzled amount and was deemed a first-time offender. The scandal derailed her career, with TV shows editing her out and advertisers…
In brief The Ohio State Board of Deposit unanimously approved a vendor on Wednesday to process cryptocurrency payments for state fees and services. Secretary of State Frank LaRose said he’s “excited and ready to be the first to provide it to our customers.” The decision follows a broader Ohio crypto legislation push, including proposed Bitcoin…
In brief David Klasing, dual-certified tax attorney and CPA, says the IRS has moved from targeting “narrower groups” to broader crypto compliance investigations across multiple exchanges. The Treasury Inspector General reports a 75% potential non-compliance rate among crypto users identified through exchange data, feeding the audit pipeline. Nick Waytula, attorney and head of tax at…
In brief Four years ago, El Salvador made Bitcoin legal tender in the country. The country has been in the spotlight since then as its Bitcoin-loving president becomes a larger player on the world stage. President Bukele claims he still buys Bitcoin for the country—but the IMF says otherwise. Bitcoin advocates around the world are…
In brief Kazakhstan will establish a State Digital Asset Fund to build a strategic crypto reserve. Crypto ownership among citizens has doubled in two years while mining generates millions in tax revenue. President Tokayev also warned of rising online fraud and pushed for a fully digitalized smart city. Kazakhstan President Kassym-Jomart Tokayev has proposed the…
In brief Polygon’s Aishwary Gupta says no Indian government department wants ownership of stablecoin regulation, creating bureaucratic deadlock across agencies. Gupta estimates India could save $68 billion annually through stablecoin integration, but regulatory uncertainty prevents banks from acting. 80-85% of India’s top crypto talent has relocated internationally, Gupta said, while Asian neighbors advance clear stablecoin…
