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blockonomi.com New York Senator Proposes Excise Tax on Crypto Mining Energy Use

TLDR: Bill S.8518 taxes energy for proof-of-work crypto mining, with rates rising above 2.25M kWh in New York. Taxes scale from 2¢ to 5¢ per kWh for crypto miners above set thresholds under new NY plan. Exemptions apply if mining uses off-grid renewable energy not tied to electric grid. All collected funds would support energy [...] The post New York Senator Proposes Excise Tax on Crypto Mining Energy Use appeared first on Blockonomi.

news.bitcoin.com Bitcoin Nears All-Time High On Third Day of Government Shutdown

The cryptocurrency has rallied ever since the U.S. Federal government shut down at midnight on Wednesday due to partisan fiscal squabbling. Federal Impasse Pushes Bitcoin Toward Record High It’s day three of the federal government shutdown, but one couldn’t tell by looking at the markets. Stocks are mostly up, except for a few tech companies […]

blockonomi.com OnePay App Taps Zerohash to Launch Crypto Trading for Walmart Customers

TLDR: OnePay, majority-owned by Walmart, is preparing to roll out crypto trading and custody on its finance app this year. The app will integrate bitcoin and ether, supported by Zerohash, giving users more payment and cash-out options. OnePay is already a top-ranked finance app, surpassing JPMorgan, Robinhood, and Chime on Apple’s app store list. Customers [...] The post OnePay App Taps Zerohash to Launch Crypto Trading for Walmart Customers appeared first on Blockonomi.

blockonomi.com Vietnam Central Bank Supports 20% Credit Growth Amid Crypto Boom

TLDR Vietnam’s central bank projects a 20% credit growth in 2025 to support economic growth and crypto adoption. The government legalized cryptocurrencies in June, classifying them as virtual and crypto assets. Vietnam’s government has placed restrictions on issuing fiat-backed stablecoins and securities under its new crypto regulations. The country launched NDAChain, a national blockchain database, [...] The post Vietnam Central Bank Supports 20% Credit Growth Amid Crypto Boom appeared first on Blockonomi.

bitcoinist.com ‘Cardano Will Break The Internet’: Hoskinson Explains Why

In an interview with Bloomberg’s Haslinda Amin on the sidelines of Token2025, Cardano founder Charles Hoskinson sketched an unabashedly expansionary roadmap for both crypto markets and the Cardano ecosystem, arguing that the next phase of adoption will be institutional, privacy-aware, and integrated with legacy finance—and that Cardano is positioned to be a core settlement layer […]

bitcoinist.com Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown

The US government shutdown has significantly slowed operations across various federal agencies, including the Securities and Exchange Commission (SEC), which was expected to begin the approval process for long-awaited spot crypto ETFs. For the fourth consecutive time, spending proposals intended to reopen the government have been rejected by lawmakers from both parties, pushing the shutdown […]

blockonomi.com Gumi Loads Up on Bitcoin and XRP as It Expands Digital Asset Reserves

TLDR: Gumi expands its digital asset treasury by allocating capital to Bitcoin and XRP, according to a new filing. The company disclosed crypto reserves growth in an official TDnet filing to investors. Gumi plans a phased approach for XRP acquisitions, spreading purchases across multiple months. The filing shows Gumi’s shift from gaming focus toward active [...] The post Gumi Loads Up on Bitcoin and XRP as It Expands Digital Asset Reserves appeared first on Blockonomi.