Illinois agrees to delay 0.2% crypto tax until July 2027

Illinois has agreed to seek a six-month delay to its 0.2% crypto transaction tax, moving the proposed enforcement date from Jan. 1 to July 1, 2027, according to an agreed court motion.  The joint court motion asks for a preliminary injunction preventing the January rollout. Illinois submitted the agreed request with the plaintiffs, the Digital Chamber and the Illinois Blockchain Association, proposing July 1, 2027, as the replacement date.  The filing describes an agreement between the parties to request court relief, rather than a final judgment on whether the tax is lawful. Under the requested timetable, enforcement would be postponed while the legal challenge continues.  Illinois crypto tax delay follows compliance objections  In their earlier request for a preliminary injunction, the Blockchain Association and Crypto Council for Innovation argued that preparing for the January deadline would force their organizations and members to spend millions of dollars on compliance.  According to the Blockchain Association and Crypto Council for Innovations injunction request, companies faced an accelerated timetable for building systems to comply with the Digital Asset Tax Act. The groups also argued that the industry would suffer irreparable harm even if businesses completed that work before implementation.  Their request sought to prevent enforcement while the court considered the

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Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker

In briefNear Intents paused service Thursday after a bug in its Omni deposit and withdrawal layer let an attacker take about $3.8 million.On-chain sleuth ZachXBT says the funds went to KuCoin and were bridged to bitcoin; Near Intents promises full compensation and has contacted law enforcement.The NEAR token fell 6.7% to $4.96 following the exploit, two days after Near Intents denied service to a North Korea-linked hacker.  Near Intents, a tool for swapping crypto across different blockchains, stopped service on Thursday after an attacker drained about $3.8 million from it. The team says a bug in how its Omni deposit and withdrawal layer talks to the main smart contract—the self-running code that holds user funds—opened the door.  “Earlier today NEAR Intents services were stopped after a security incident was detected. The incident was caused by a bug in the Omni deposit and withdrawal infrastructure interaction with NEAR Intents smart contract,” the team posted on X.  Myriad: Where does Ethereum go next? Click to make your prediction.  “The incident has been reported to law enforcement, and we are working with security and blockchain analytics partners to trace the funds and pursue recovery.”  The exploit follows a bold move from Near Intents just two days ago when

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Bitcoin holders in Netherlands could face tax on unrealized gains from 2028

The Netherlands has moved closer to taxing unrealized cryptocurrency gains from 2028 as part of an overhaul of its Box 3 system, although a new government proposal could eventually move crypto to taxation at the point of sale.  SummaryThe Netherlands is preparing a new Box 3 system from 2028 that would tax actual investment returns, including changes in the value of crypto assets.Bitcoin and other crypto holdings could be taxed on annual price gains even without a sale, while losses could be carried forward against future gains.The House has approved the Box 3 bill, but Senate consideration and a newer government proposal to expand realized gains taxation could still change how the system works.  According to the Dutch government, the proposed Actual Return Box 3 Act would replace the current system with one based on income and changes in the value of assets, with the new framework scheduled to begin on Jan. 1, 2028.  The House of Representatives approved the bill on Feb. 12, sending it to the Senate for consideration. The legislation has already been debated in the upper chamber, but a final vote has yet to take place.  Cryptocurrencies such as Bitcoin generally fall under Box 3, which covers savings and investment

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Fed October Odds: Hold Hits 66%, but Is a Hike Just Delayed?

Fed October odds have swung firmly toward a pause. Polymarket now puts the chance of no change at the Federal Reserves October 27–28 meeting at 66%, against 34% for a 25-basis-point hike. That extends a sharp reversal: just days ago, a hike led this market with about 67%.  The repricing came in two steps. On September 30, hold odds jumped 28 percentage points in 24 hours to 58.5%, as hike odds fell 27 points. After the August PCE report landed the same day, the hold lead widened further to 66%.  Bitcoin, meanwhile, trades near $84,116, up about 1.3% over 24 hours. The shift puts a hold in front, but it does not mean the Fed has changed course.  Put Your Money Where Your Mouth is On PolymarketOctober Fed Odds: Why Did Fed October Odds Swing Toward a Hold?  That report was softer than expected. Headline PCE inflation rose 3.4% year over year, below the 3.7% forecast. Core PCE came in at 3.0%, against expectations of 3.3%. Julys figures were also revised down by 30 basis points each.  Fed Decision in October? Polymarket  The October contract has now drawn nearly $20 million in volume. Larger moves in either direction sit below 1%, so the contest is a

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Treasury will let states file for stablecoin approval before finishing their rules

Treasurys Sept. 30 rule lets states preserve a path toward stablecoin-regime approval while their rules remain unfinished, by filing an initial certification on time and completing the work before substantive review.  The interim final rule sets forms and review procedures for the Stablecoin Certification Review Committee, the federal body that reviews state stablecoin regimes. The Committee says conditional or incomplete certifications can satisfy the initial filing timeframe, even when additional state legislative or regulatory action is planned.  The rule took effect Sept. 30, but says certifications will not be accepted until after Paperwork Reduction Act approval of the information collection. Treasury will post a notice announcing when acceptance begins.  The flexibility matters for state-qualified payment stablecoin issuers with no more than $10 billion in consolidated outstanding payment stablecoin issuance. They may opt for state regulation if the state regulator certifies that its regime meets Treasurys substantial-similarity criteria and the Committee unanimously approves it as meeting or exceeding the standards and requirements in section 4(a) of the GENIUS Act.  Treasurys separate proposal on substantial similarity addresses the standards used to compare state and federal regimes. The September procedural rule does not finalize those principles.  How a filing reaches substantive review  A conditional filing can be amended at

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Polygon Stablecoin: Can Crypto Checkout Win Over Merchants?

Polygon introduced Crypto Checkout on 1 October 2026, a merchant payments product that brings stablecoin and other digital dollars into everyday checkout. Users may employ various supported wallets, tokens, and blockchain networks, while businesses can select the assets they receive.  Merchants can set settlement in assets such as USDC and USDT, and the checkout flow aims to coordinate conversion and cross-chain routing without requiring a separate integration for each payment path.  This is not merely another crypto payment button. It aims to separate the asset and network a customer uses from the stablecoin a merchant prefers to receive. This approach reduces fragmentation that might block a purchase even when the buyer has adequate funds.  Introducing stablecoin payments at checkout, now live in Polygon OMS.  Add ‘pay with crypto’ to the checkout you already run. Customers can pay across wallets, tokens, and chains without leaving your store to swap, bridge, or cash out.  Sign Up With MergeX And Trade CryptoCrypto Checkout News: Routing Moves Behind the Payment Flow  A buyer could start with a supported token on one blockchain while a business receives the Polygon stablecoin specified in its settlement configuration. The product is intended to work with existing crypto wallets, rather than requiring customers to create

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XRP News: Three Amendments on XRPL Lending

In XRP news, the XRP Ledger has opened validator voting on LendingProtocolV1_1. The amendment would introduce closed-ended lending vaults. It would also recognize interest when borrowers pay, rather than when loans originate.  This vote alone will not launch XRPL lending on mainnet. The amendment needs support from more than 80% of trusted validators. That support must hold for two weeks. Two other amendments, LendingProtocol and SingleAssetVault, must also pass.  So this is not a simple vote on a vault feature. It is one governance gate in a rollout of three amendments. Clearing a single stage sets no launch timetable. It also says nothing about the demand for the eventual lending service.  LendingProtocolV1_1 is open for validator voting.  It introduces closed-ended vaults and cash-basis accounting for XRPL lending, and it must activate before LendingProtocol and SingleAssetVault can proceed.  Validators, read what changes and why it matters as you evaluate the…  — RippleX (@RippleXDev) September 30, 2026  Supercharge Your Trading in 2026 With BloFin AI Trading BotsXRPL Lending: What LendingProtocolV1_1 Changes  The XRPL Lending Protocol documentation describes LendingProtocolV1_1 as an extension of LendingProtocol and SingleAssetVault. Its central structural change is a closed-ended vault with three stages: subscription, investment, and redemption.  Once the subscription window closes, no new shares can be issued

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Ghana crypto market hits $21B, fifth in sub-Saharan Africa

Ghana has become sub-Saharan Africas fifth-largest crypto market, with annual digital-asset transactions estimated at roughly $21 billion as regulators prepare to bring a fast-growing stablecoin and trading market under formal supervision.  The International Monetary Fund reported that Ghana‘s crypto sector has become large enough to create new licensing and supervision challenges for the Bank of Ghana and Securities and Exchange Commission. Estimates cited from the Fund’s technical-assistance work suggest 8% to 17% of the population has bought or sold crypto, while annual transaction activity is around $21 billion.  IMF: Ghana is sub-Saharan Africas fifth-largest crypto market, with about $21 bn in estimated annual transactions pic.twitter.com/O1q9iZJZu7  — CDR AFRICA (@cdrafrica) September 30, 2026  The figures are estimates, not an audited measure of money entering the market. Crypto transaction statistics can include assets moving repeatedly between wallets, exchanges and counterparties. The IMFs assessment places Ghana fifth among crypto markets in sub-Saharan Africa based on the data it reviewed.  Ghanas $21B crypto market is leaning on stablecoins  Stablecoins are one of the fastest-growing parts of Ghanas digital-asset market, according to the IMF report. Trading remains a major use, while some users hold dollar-linked tokens as protection against inflation and currency fluctuations.  Cross-border settlement is gaining ground in Ghanas informal and

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MetaMask security scare pushes Ethereum validator exits to a nine-month high

MetaMask is pulling thousands of Ethereum validators after a security breach redirected rewards, creating a network-wide backlog for stakers trying to exit.  Related Asset Ethereum #2 ETH · $2,681.26 24-hour change: down 0.01% Loading price history… 24H Down 0.01% 7D Down 0.04% 30D Up 9.42%  Onchain security researcher Kaden said about 17,000 MetaMask-operated validators holding roughly 523,000 ETH were proactively exited after an analysis found that transaction-fee rewards from 18 of 19 validators that proposed blocks had been diverted to an address funded through Tornado Cash, an Ethereum-based privacy protocol that allows crypto transactions to be mixed and anonymized.  The attacker appears to have captured only about 0.36 ETH, according to Kaden. The bigger concern is how the attacker gained enough access to alter fee recipients and whether that access extended to validator signing keys, which could trigger slashable behavior.  Related Product MetaMask A crypto wallet withdrawal keys. That separation would prevent an attacker with only validator-level access from withdrawing the underlying stake, but it would not eliminate the possibility of penalties if signing keys were compromised and misused.  Kaden said 821 potentially affected validators had not yet exited, including three among those whose fee rewards were allegedly diverted. It remains unclear why they are

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XRP Price Forecast: Can XRP Reach $25 by 2030?

A $25 XRP price forecast for 2030 would require a dramatic repricing. From about $1.47 on October 1, 2026, XRP would need to rise roughly 1,588%. The token is now trading lower on the day, down about 3.4% in the last 24 hours. The $25 target remains one analyst scenario, not a market consensus.  So what would have to change to make it realistic? At $25, XRP‘s market cap would reach about $1.58 trillion, up from roughly $93 billion today. That would put it close to Bitcoin’s current valuation of about $1.69 trillion.  Put Your Money Where Your Mouth is On PolymarketRipple in 4 Years: What Would a $25 XRP Price Require?  The forecast points to XRPs history of sharp moves, including a 46% rally over 90 days. Still, the token remains far below its $3.65 all-time high from July 2025.  Reaching $1.58 trillion would take a major expansion of the overall crypto market, large market share gains for XRP, or both. A separate XRP forecast comparing a $5.40 target with the $25 projection shows how far apart analyst expectations still are.  For the four-year target, the market-cap arithmetic is the harder hurdle: reaching $1.58 trillion would require broad crypto-market expansion, substantial XRP share gains,

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