Acum 8 h
PBOC Sets One-Time Credit Record Repair for Sub-10,000 Yuan Debts by March 31, 2026
On December 22, 2025, the People's Bank of China introduced a one-time credit repair policy for individuals with overdue credit records below 10,000 yuan incurred between 2020 and 2025. Eligible borrowers who fully repay these debts by March 31, 2026 will have related overdue entries automatically removed from their credit reports, a move positioned as part of broader post-pandemic economic support.
Acum 8 h
Acum 8 h
US House lawmakers seek to end crypto staking double taxation before 2026
A bipartisan group of 18 US House lawmakers led by Republican Mike Carey has asked the Internal Revenue Service to revise its crypto staking tax guidance before the start of 2026. They argue current rules can tax staking rewards when received and again on sale, and want tax applied only at disposition to reflect actual economic gains. Another draft proposal from Representatives Max Miller and Steven Horsford would exempt small stablecoin payments from capital gains and allow taxpayers to defer income on staking and mining rewards for up to five years.
Acum 8 h
Acum 9 h
Federal Reserve Seeks Feedback on "Payment Accounts" Proposal; Waller Eyes Q4 2026
The US Federal Reserve is inviting comments on a proposed "payment account", sometimes called a "skinny master account", that could give fintech and crypto firms limited access to its systems. The accounts would not earn interest, have no Fed credit, and face balance caps. Feedback closes 45 days after Federal Register publication, with launch targeted for the fourth quarter of 2026.
Acum 9 h