Happy Friday! In today's daily, the U.S. Internal Revenue Service finalizes tax rules requiring DeFi brokers to collect user trading details, the Montenegro justice minister signs former Terraform Labs CEO Do Kwon's extradition to the United States, bitcoin keeps above $96,000 as investors eye AI and DeFi tokens and more.
Let's get started.
The IRS finalized rules requiring decentralized finance (DeFi) brokers to report gross proceeds from digital asset sales.
Montenegro's minister of justice, Bojan Božović, signed an order to extradite Terraform Labs co-founder Do Kwon to the United States.
Bitcoin remains above $96,000 in a consolidation phase after a recent correction from its record high surpassing $108,000.
Bitget intends to burn 40% of its native token supply to boost its value, totaling 800 million BGB worth $6.8 billion.
Two new ETFs, Bitwise Bitcoin Standard Corporations ETF and Strive Bitcoin Bond ETF, aim to capitalize on the growing trend of companies adopting BTC as part of their treasuries, according to SEC filings.
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