6h ago
Turkey Drafts 10% Crypto Withholding and 0.03% Transaction Tax Under Capital Markets Law
On 3 March 2026, a draft bill submitted to Turkey's Grand National Assembly proposed a 10% withholding tax on realized crypto gains and a 0.03% levy on transaction value. The plan would make regulated platforms responsible for quarterly tax collection from both individual and corporate investors while granting the president authority to adjust the withholding rate between 0% and 20%. The proposal also introduces VAT exemptions for taxed crypto deliveries and aligns tax definitions with the existing Capital Markets Law.
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6h ago
2-28
PayPal, MoonPay and M0 launch PYUSDx for app-branded stablecoins on Feb 27, 2026
On February 27, 2026, MoonPay, PayPal and M0 unveiled PYUSDx, a developer framework for creating application-branded stablecoins backed by PayPal USD. Tokens are issued by MoonPay Digital Assets Limited, which holds a New York trust license, and the first live project is USD.ai, focused on machine-to-machine payments; PYUSDx tokens are distinct from PYUSD and are not usable on PayPal or Venmo.
PYUSD
PYUSD-0.02%
2-28
2-28
Minnesota Bill HF 3642 Seeks Statewide Shutdown of 350 Bitcoin ATMs After 2025 Elder Fraud Losses
On 23 February 2026, Minnesota Representative Erin Koegel introduced HF 3642, a bill that would prohibit all physical cryptocurrency kiosks in the state and close about 350 licensed Bitcoin ATMs. The proposal follows reported losses of roughly $540,000 from 70 kiosk-related complaints in 2025, mostly involving scams targeting seniors, and would repeal earlier 2024 safeguards viewed as ineffective.
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BTC
BTC+1.33%
2-28