Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion 
draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite 
Section 1091 to cover &#8220;specified assets.&#8221; The category explicitly includes 
actively traded digital assets and their derivatives, and carves out a narrow 
class of regulated payment stablecoins from routine gain-or-loss recognition. 
The […]
The post Congress proposes removal of widely used Bitcoin tax loophole and 
giving it to regulated stablecoins appeared first on CryptoSlate.

Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

Lido DAO has formally approved a $60 million operating budget for 2026 and 
outlined a strategy to move beyond its core liquid- staking product into yield 
vaults, institutional wrappers, and what the protocol calls “real-business 
DeFi.” Lido DAO Targets Corporate Treasuries and Tokenized Assets in Three- 
Year DeFi Plan The plan, detailed in the GOOSE-3 governance […]

Lido Launches Vaults and Earn Products as Staking Yields Compress

A massive token unlock scheduled for late July could make things worse. 
Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold 
Thailand authorities raided an iris-scanning site tied to Sam Altman&#8217;s World 
project last October. That was trouble enough. Now the foundation behind the 
biometric identity platform is selling its own token at a fraction of what 
investors paid less than a year ago — and the market is not taking it well. 
World Foundation disclosed Saturday that its token issuance arm, World Assets, 
completed an over-the-counter sale of WLD tokens worth $65 million, spread 
across four buyers over the past week. The first batch settled on March 20. 
Based on an average sale price of roughly $0.27 per token, the deal involved 
around 239 million WLD changing hands. A 76% Drop From Last Year&#8217;s Deal Price 
The numbers tell the story. In May 2024, World raised $135 million at 
approximately $1.13 per token from backers including Andreessen Horowitz and 
Bain Capital Crypto. 1/ World Assets, Ltd. has now closed a series of OTC 
sales for a total of $65,000,000 with four counterparties over the past week, 
the first of which settled on March 20, 2026. — World Foundation 
(@worldcoinfnd) March 28, 2026 This latest sale went out the door at $0.27 — a 
76% drop from that round. The foundation said the proceeds will fund core 
operations, research and development, orb manufacturing, and ecosystem work. 
2/ The sale was conducted at an average price of ~$0.2719/WLD. $25,000,000 
worth of the tokens sold are subject to a 6-month lockup period. — World 
Foundation (@worldcoinfnd) March 28, 2026 Not all the tokens sold are locked 
up. Of the $65 million total, only $25 million worth carry a six-month lockup 
period. The rest were immediately available to trade, meaning buyers could 
move those tokens on the open market right away. 3/ This sale funds the 
project’s core operations and activities, R&amp;D, orb manufacturing, ecosystem 
development, and more. — World Foundation (@worldcoinfnd) March 28, 2026 WLD 
briefly touched an all-time low of $0.24 after the sale was announced before 
clawing back to around $0.27. At that price, the token sits roughly 97% below 
its peak of $11.82 recorded in March 2024. According to Coingecko data, WLD 
was trading at $0.2725 as of the latest reading, up just 0.27% over a 24-hour 
period. Another Wave Of Supply Approaching The pain may not be over. Data from 
DefiLlama shows a major community token unlock is set for July 23, covering 
about 52% of WLD&#8217;s total supply of 10 billion tokens. That kind of release 
typically adds selling pressure — and it arrives at a time when the token is 
already near its lowest point ever. World&#8217;s regulatory problems have also 
followed the project across borders. Authorities in Indonesia suspended World 
ID registration over compliance concerns. Brazil banned the platform&#8217;s eye- 
scanning operation. Germany opened its own inquiry. Kenya pushed back hard on 
data privacy grounds. Related Reading: Ethereum Sets User Record As Price Lags 
Far Behind Network Growth Regulatory Heat Keeps Building The Thailand raid 
added another entry to that list. Officials there, working through the 
Securities and Exchange Commission alongside the Cyber Crime Investigation 
Bureau, said the iris-scanning service may have operated without the required 
license. Arrests were made and an investigation remains open. Featured image 
from Pixabay, chart from TradingView

WLD Slides To New Lows As World Foundation Offloads $65M

The latest list of tokens available on the WeChat wanna-be includes Polygon, 
Arbitrum and Solana as the banking app looks to align offerings with customer 
use.

Walmart-backed OnePay adds tokens in push to serve ‘new to crypto’ customers

The CBOE Volatility Index closed at 31.05 on Friday, a 13.16% single-session 
gain that pushed Wall Street’s fear gauge to its highest close since late 
2025. Meanwhile, gold held near $4,491 per ounce and silver recovered to 
$69.82, both propped up by geopolitical anxiety tied to the Middle East 
conflict. VIX Jumps to Highest Close […]

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