This paper examines sustainable crypto asset value mechanisms through the lens of tokenization, macro hedging, and regulatory evolution, distinguishing between native and backed tokens that can survive market cycles.
An analysis of which crypto tokens have sustainable value mechanisms to survive market cycles.
FinTax's roundup of the key tax and regulatory developments across the global crypto-asset industry in the first half of March 2026.
1 引言 2026年2月26日，Consensys旗下加密钱包MetaMask宣布与全球主要的银行卡组织之一Mastercard合作在美国推出“自托管”式的加密支付卡——MetaMask Card，用户可在全球超过1.5亿家支持Mastercard的商户进行现实世界中的日常消费。在支付过程中，用户仍保有对链上资产的控制权，无需将资金预先托管至中心化交易平台账户，与此同时还可获得以MetaMask稳定币mUSD形式的…
The UAE has fast become a global crypto hub built on a distinctive federal–emirate “dual-governance” model. We map its crypto regulatory and tax framework and what it means for participants seeking compliance.
The SEC's new FAQ lets broker-dealers hold payment stablecoins under the net-capital rule at just a 2% haircut. We analyze what the guidance signals for stablecoins entering the traditional financial system.
1 引言 从贝壳、金属铸币到电子支付，人类社会的交换媒介始终随技术与时代更迭。如今，区块链技术的成熟正将加密货币支付（Cryptocurrency Payment）从边缘实验升级为全球金融基础设施的重要组件。加密支付的价值不仅在于7*24小时的即时结算，更在于其代表的全新分配逻辑。然而，这种无国界、去中心化的趋势也对现行税务合规与监管框架构成了新的挑战。本文将从加密支付的基本概念出发，梳理其应用场景，解读加密支付的…
2025年12月，巴西众议院下属委员会批准了《虚拟资产法》的修订法案（PL 4308/2024）。该法案在原有《虚拟资产法》（Marco Legal dos Ativos Virtuais，No.14.478/2022）基础上，纳入了稳定币发行监管的系列规则。目前，该法案仍处于立法审议阶段，尚未正式通过。如若通过，将在巴西加密资产监管体系中初步建立起稳定币发行制度。 作为拉丁美洲最大的加密货币市场，稳定币在巴西本地…
FinTax's roundup of the key tax and regulatory developments across the global crypto-asset industry in the second half of February 2026.
As staking and mining scale up, tax treatment diverges sharply across jurisdictions. We compare the staking and mining tax regimes of Hong Kong, Singapore, the US and Canada, with case studies and policy insights.
