The UK’s tax authority announced that it planned to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer the country’s capital gains requirements.

In a Monday announcement, HM Revenue and Customs (HMRC) said that starting on April 6, 2027, it would adopt a “no gain, no loss” approach to disposals involving crypto loans and liquidity pools. According to the tax authority, this measure would defer capital gains tax on digital assets “until an economic disposal.” 

“This measure will support fairness in the tax system,” said the UK tax authority. “It aligns the tax treatment more closely with the economics of these arrangements by ensuring that gains and losses are generally recognized only when the participant makes an economic disposal of the cryptoassets.”

The measure, expected to impact about 700,000 individuals and trustees, would represent a significant change from the authority’s 2022 guidance on crypto liquidity pools and lending following a consultation period. Under UK law for 2025-2026, taxpayers pay between 18% to 24% for capital gains related to crypto transactions depending on whether they qualify as basic-rate or higher-rate.

Related: UK tokenization push could add as much as $44B to annual output by 2035: Report

According to the tax authority, it would treat crypto transactions as “no gain, no loss” under UK capital gains laws for the acquisition or disposal of an interest in a lending arrangement in exchange for the same type of asset, borrowed assets acquired at market value and similar conditions with automated market makers.

“This is the right direction, mainly driven by the industry feedback demonstrating that any other approach would cause significant admin burden for the tax payer,” said Aave founder and CEO Stani Kulechov in a Monday X post.

Crypto candidate enters Nigel Farage’s by-election race

In UK politics, Reform leader Nigel Farage will not stand completely uncontested in a by-election caused by his resignation last week amid reports of the politician receiving contributions from billionaires tied to the crypto industry.

On Tuesday, the leader of the Solana community group Superteam UK, Stephen Newnham, said he will run as an independent candidate against Farage and others. The by-election representing Clacton is scheduled for Aug. 13 and will include candidates like comedian and author Jon Harvey in costume as Count Binface, a self-described “independent space warrior” wearing a helmet in the shape of a trash bin.

Farage triggered the by-election with his resignation, saying that he wanted the people of Clacton to judge his actions. The Reform figure reportedly received a $6.7 million donation from crypto billionaire Christopher Harborne, which he described as a ”reward” for the UK’s exit from the European Union and later as a “gift,” and other financial assistance from George Cottrell, a convicted fraudster linked to a crypto casino.

Magazine: Strategy became a symbol of the dot-com crash: Could history repeat?

Cardano co-founder Emurgo has been forced to hand over the running of self-styled “world’s largest crypto event” TOKEN2049 to the Cardano Foundation, following the $20 million hack of its neo-finance platform SecondFi.

That’s according to Intersect, Cardano’s governance firm, which made the announcement on Tuesday.

Intersect stated that Emurgo “is unable to allocate the necessary resources to plan and execute Token2049.”

Emurgo added, “Following the recent SecondFi incident, we have confirmed that our priority right now must be solely the recovery of assets for all affected users.”

Read more: Cardano holders cancel own summit after rejecting $2M funding request

The Cardano Foundation said, “In addition to the Cardano booth, we are also organizing the side event CardanoxDraperxBitcoin funded by Draper and Cardano Foundation. More information will be available soon.”

Cardano users had already voted to cancel the Cardano annual summit in Singapore that was scheduled for October 2026. 

The vote, held last month, also passed a proposal from Emurgo to attend and sponsor TOKEN2049 in Singapore this October.

SecondFi is eating into Emurgo’s responsibilities

Emurgo also stepped down last week from the “Pentad,” an executive body made up of multiple Cardano firms. 

It said, “Our immediate priority is the @secondfiapp recovery process, and we are concentrating our resources where they are needed most.”

SecondFi was hacked for $2.4 million worth of ADA last June. Emurgo used emergency measures at the time to take $18.5 million worth of ADA from users as part of a mysterious white hat hack event.

The mystery stemmed from Cardano’s founder, Charles Hoskinson, who later relayed information that suggested the identity of the white hat hacker was unknown.

CleanSpark shares jumped sharply on Tuesday after the Bitcoin miner disclosed a long-term deal that ties up large-scale power and real-estate capacity for a new data center in Georgia. The company said it signed a 20-year triple-net lease for a 175-megawatt facility at its Sandersville, Georgia campus—one of the clearest examples yet of miners moving beyond pure block-reward economics and into broader digital infrastructure.

The agreement, CleanSpark said, is expected to generate about $6.6 billion in contracted revenue over the initial 20-year term, with revenue rising to $11.6 billion if the tenant exercises two five-year extension options. The tenant will install computing infrastructure on-site, and phased deliveries are expected to start in the fourth quarter of 2027.

Key takeaways

• CleanSpark announced a 20-year triple-net lease for a 175-megawatt data center at its Sandersville, Georgia campus.
• The company estimates $6.6 billion in contracted revenue over the initial term, potentially increasing to $11.6 billion with two five-year extensions.
• Infrastructure deliveries are expected to begin in Q4 2027, giving the project a multi-year timeline rather than near-term revenue.
• The announcement highlights how miners are responding to post-halving margin pressure by securing longer-duration capacity demand—particularly from AI and high-performance computing.
• CleanSpark is also positioning itself as a continuing Bitcoin holder even as it diversifies into data-center business lines.

A data-center play built around contracted capacity

CleanSpark’s stated objective is to broaden its revenue base while leveraging the industrial footprint it already controls. Under the lease terms, a tenant—described by CleanSpark only as an undisclosed “investment-grade global technology company”—will deploy computing infrastructure at the Sandersville site, with phased delivery starting in the fourth quarter of 2027.

Triple-net lease structures typically place more operating-cost responsibilities on the tenant, which can matter to investors focused on predictability. Even so, the timing underscores a central point for the market: this is not a near-term catalyst designed to instantly offset mining volatility. Instead, it is a long-dated demand commitment that can strengthen CleanSpark’s infrastructure narrative as AI compute requirements drive new buildouts.

Why miners are chasing new revenue after the halving

Miners have been under renewed financial strain since the 2024 Bitcoin halving, when block rewards declined and competitive pressure tightened. CleanSpark’s own recent results reflect how sensitive mining economics remain to Bitcoin price movements and operating margins.

In March, the company reported a fiscal second-quarter net loss of $378 million, with nearly 60% attributed to a drop in Bitcoin’s price. Earlier, in February, CleanSpark also sold a portion of its BTC holdings—an indication that liquidity and balance-sheet flexibility continue to play a role in how miners fund operations and expansion plans.

Still, CleanSpark’s approach appears less aggressive than some peers. Cointelegraph previously reported that publicly traded miners sold roughly 15,000 BTC between October and the end of February, even as the sector struggled with margins and liquidity needs. Against that backdrop, CleanSpark has remained a net accumulator while simultaneously exploring ways to monetize its infrastructure beyond mining.

Equities react as the market prices diversification

Tuesday’s announcement translated into immediate stock momentum. CleanSpark shares reached an intraday high of $15.10 before paring gains during the U.S. lunch hour. At the time of reporting, the stock was up about 11%, while the CoinShares Bitcoin Miners ETF (WGMI) was up less than 1%.

That divergence suggests investors are treating the data-center lease as something more than routine corporate expansion. For equity holders, the appeal is straightforward: contracted infrastructure revenue can, in theory, reduce dependence on the day-to-day volatility of mining economics. It also positions CleanSpark within the broader “digital infrastructure” stack that increasingly benefits from high-performance computing demand.

What’s next for CleanSpark and the infrastructure thesis

Even with the long-term lease in place, mining performance and BTC exposure remain central to how the company is valued. CleanSpark is expected to report fiscal Q3 results on Aug. 6, with analyst consensus calling for a loss of $0.25 per share versus earnings of $0.79 in the year-ago period, according to Yahoo Finance. The company has also missed Wall Street estimates in each of the last three quarters.

Going forward, investors will likely watch whether CleanSpark can convert its infrastructure plans into measurable financial improvements over time—while also continuing to manage the impact of Bitcoin price swings and ongoing pressure on miner margins. The lease provides a longer runway, but the key test will be execution: tenant commitments, delivery milestones expected to begin in Q4 2027, and whether the company’s diversification meaningfully cushions future mining results.

Binance believes its next phase of growth will come from payments and financial services rather than cryptocurrency trading alone, as stablecoins reshape how people use digital assets, according to Shunyet Jan, the exchange’s head of spot trading and derivatives business.

In an interview with CoinDesk on Binance’s ninth anniversary, Jan outlined the strategy as Binance and shared a glimpse of the platform’s future priorities.

“We’re trying to not just be a crypto exchange, but be a super app that involves payment,” Jan said. “If you think of us as a payment provider, then that number becomes much bigger.”

Jan said Binance’s new strategy reflects how people are increasingly using cryptocurrencies beyond trading. While trading remains at the core of Binance’s business, he said stablecoins are increasingly being used for payments and transfers, creating a larger market than trading alone.

“I don’t think it’s really leveled off,” Jan said. “What’s happened is that a lot of it is driven by stablecoin usage.”

As interest in AI-driven investing grows, platforms like MoneySimpler are attracting retirees seeking automated digital asset management and trading tools.

In the United States, many retirees are starting to look into digital asset investments, hoping to generate additional income beyond their fixed pensions and alleviate the pressure of daily expenses.

Instead of engaging in high-risk, blind speculation, they chose platforms like MoneySimpler. The platform features AI-powered automated trading, with returns settled daily. By participating in the  ETH market through smart trading strategies, users can earn up to $1,950 in passive income in a single day.

As artificial intelligence and digital finance continue to mature, this investment approach, which requires no manual monitoring and is fully automated, is gradually gaining favor among more and more American investors.

American retirement planning professionals and major financial media outlets have all noted that MoneySimpler is now a highly popular cryptocurrency investment platform in the private wealth management sector. The platform boasts transparent processes, compliant operations, and stable returns, providing Americans with a reliable new option for planning their retirement.

What is MoneySimpler?

Founded in 2020 and headquartered in the UK, Money Simpler is a cryptocurrency cloud AI automated trading company regulated by the Financial Conduct Authority (FCA) and operated by MONEY LINKS LTD. (FRN: 921139).

The platform provides users with automated digital asset trading services through AI market analysis and automated strategy execution, supporting mainstream digital assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

It covers 150 countries and regions, hasover 3 million registered users, manages over $2 billion in assets, and holds 1,717 Bitcoins and 35 million Ripple to ensure liquidity.

This means users can participate in cloud AI automated trading in an automated and standardized manner within a compliant and secure framework and earn daily cash settlements.

Why are more and more US retirees choosing to join MoneySimpler?

US retirement plans are primarily based on long-term investments in tax-advantaged accounts such as 401(k)/IRA, but the real purchasing power of many retirement funds has been eroded by prolonged low interest rates and inflationary pressures.

The regulated MoneySimpler offers a digital financing pathway focused on automation and stable cash flow.

Retirees can get started by depositing a small amount of money into supported crypto assets such as XRP or BTC.

MoneySimpler provides pre-designed trading strategies by a professional team. Its AI system continuously analyzes the market and automatically executes trades in digital assets such as BTC, ETH, and XRP. It continuously optimizes trading efficiency through intelligent algorithms and automated execution to achieve sustained returns.

MoneySimpler uses AI intelligent algorithms, preset trading strategies, and risk hedging as its core to generate passive income through automated trading, daily settlement, and automatic accounting.

How to get started?

Step 1 | Register an Account

Visit MoneySimpler and click “Register”. New users receive a $10 registration bonus and can experience the profit model.

Step 2 | Deposit Assets

Supported currencies: BTC / ETH / USDT (TRC20/ERC20) / XRP / BNB / USDC / ADA / SOL / DOGE / BCH / LTC, etc. Please select a familiar currency for deposit.

Step 3 | Activate Hashrate Contracts

Starting at $100, investors can choose a suitable contract level based on their funds and time constraints. The system will automatically execute trades; no programming or monitoring is required.

Featured Contracts Showcase:

Basis Arbitrage Strategy: Invest $100, 2-day cycle, daily return of $4; total return at maturity is $100 principal + $8 profit.

Digital Asset Trend Following Strategy 2.25: Invest $600, 7-day cycle, daily return of $7.62; total return at maturity is $600 principal + $53.34 in returns.

Digital Asset Trend Following Strategy 2.2: Invest $1,000, 10-day cycle, daily return of $13.2, total return at maturity is $1,000 principal + $132 profit.

Crypto Statistical Arbitrage Strategy 2.6: Invest $5,000, 20-day cycle, daily return of $71; total return at maturity is $5,000 principal + $1,420 in returns.

Cross-Exchange Arbitrage Strategy 3.6: Invest $10,000, 30-day cycle, daily return of $162, total return at maturity is $10,000 principal + $4,860 in returns.

Crypto Statistical Arbitrage Strategy 2.55: Invest $97,000, 45-day cycle, daily return of $1,891.5, with a total return at maturity of $97,000 principal + $85,117 in returns.

For more contract details, please visit the MoneySimpler official website. Once the contract is activated, the system will automatically execute trades without any technical configuration required.

Step 4 | Daily Settlement and Withdrawals/Reinvestment

Once the contract takes effect, earnings will be settled daily. Withdraw or reinvest at any time to create an automated digital cash flow.

A previous USA Today report mentioned:

MoneySimpler integrates traditional, mature financial risk control models with blockchain technology, making it a highly representative platform in the digital transformation of retirement financial planning in the United States.

Dr. Arthur Hamilton, a renowned industry researcher, stated:

“MoneySimpler’s operations are compliant and standardized, and its profit payment rules are open and transparent. In the domestic retirement savings sector, it is a digital asset management platform highly regarded by many.”

An ordinary investor who has lived in New York for many years and is retired shared his genuine experience:

“I no longer have to worry about my retirement savings slowly depreciating. MoneySimpler’s stable daily returns provide reliable financial security for my later years.”

Daily passive income plan for US retirees

With volatile market conditions and persistent inflation eroding the purchasing power of Social Security pensions, many American retirees are struggling to cover their retirement expenses. MoneySimpler offers a compliant, worry-free, and automatically accruing digital asset income stream specifically designed for US retirees. It’s more than just a simple investment tool; it’s a wealth management approach that makes asset management easy: no need to constantly monitor the market, allowing idle assets to operate continuously, with daily returns automatically credited to an account, steadily supplementing retirement income.

Visit MoneySimpler now to convert ETH or BTC into a stable $58,500 monthly passive income, providing added security for retirement.

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Federal Reserve Chairman Kevin Warsh speaks Tuesday to the House Financial Services Committee as part of the congressionally mandated semiannual monetary policy report.

The central bank leader’s appearance comes the same day the Bureau of Labor Statistics reported that consumer prices fell an unexpectedly sharp 0.4% in June, easing some worries among policymakers about inflation.

In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed’s 2% target.

“The members of our Committee have no tolerance for persistently elevated inflation. And we share a resolute commitment to restoring price stability,” he said.

Read more
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Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions.

Under the memorandum, the companies will initially explore using USDC for JCB’s internal cross-border fund transfers through a proof of concept, while also evaluating stablecoin payments at merchants in Japan for international visitors. The companies said they will also assess technologies that support interoperability across multiple blockchain networks.

The agreement builds on a separate initiative JCB launched in January with Digital Garage and Resona Holdings to test stablecoin payments at physical stores in Japan. That project focuses on identifying technical and operational challenges to bringing stablecoin payments to domestic merchants.

Beyond the initial proof of concept, JCB and Circle said they will evaluate additional applications for stablecoin infrastructure aimed at cross-border payments and merchant services, though they did not provide a timeline for commercial deployment.

USDC is the world’s second-largest stablecoin by market capitalization, with a circulating supply of about $73 billion, behind Tether’s USDT at roughly $184 billion, according to DefiLlama data.

Source: DefiLlama

Related: USDC issuer Circle wins final approval for US national trust bank charter

Japan accelerates stablecoin payment adoption

The agreement adds to a growing number of stablecoin payment initiatives announced in Japan this year, as companies test blockchain-based payment and settlement systems across retail and corporate use cases.

In June, Circle and Japan’s largest investment bank, Nomura, were reported to be developing a stablecoin-based foreign exchange settlement service for Japanese companies. The service would allow businesses to convert yen into USDC for cross-border transactions and near-instant settlement.

On Monday, convenience store operator Lawson announced plans to test yen-denominated stablecoin payments at a Tokyo location beginning in August, while Japanese payments company Netstars launched a merchant payment service supporting USDC, USDT and JPYC across the Solana and Polygon blockchains.

Japan was among the first major economies to establish a legal framework for stablecoins, allowing banks, trust companies and licensed money transfer providers to issue fiat-backed tokens under amendments to the Payment Services Act that took effect in 2023.

The country has also been advancing broader digital asset reforms. In June, the Lower House passed a bill that would classify crypto assets as financial instruments, potentially opening the door to crypto exchange-traded funds and bringing the sector under stricter market rules.

Magazine: Strategy became a symbol of the dot-com crash: Could history repeat?