Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

5438 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Kima Network Joins Humanode to Redefine Web3-Based Human Verification

Kima Network Joins Humanode to Redefine Web3-Based Human Verification

The partnership is aimed at redefining security transparency in Web3 by guaranteeing that only real humans can take part in community activities and airdrops.

Author: Blockchainreporter
Enso has opened airdrop applications and launched staking functions

Enso has opened airdrop applications and launched staking functions

PANews reported on October 14th that the encrypted intent engine protocol Enso announced on the X platform that the Enso Network has officially launched on the mainnet. ENSO airdrops are now available and staking functionality has been launched.

Author: PANews
Aster: Transaction fee refunds for the second phase of the airdrop program have begun to be issued

Aster: Transaction fee refunds for the second phase of the airdrop program have begun to be issued

PANews reported on October 14th that Aster posted on the X platform: "Refund Update: Transaction fee refunds for Aster's Phase 2 airdrop program have begun. The refund process will take several hours, and all transactions are expected to be completed by 12:00 UTC on October 14th. Once the refund is completed, you will see a completed mark."

Author: PANews
Four.Meme: The airdrop verification process is still ongoing and the first batch of airdrops has not yet started.

Four.Meme: The airdrop verification process is still ongoing and the first batch of airdrops has not yet started.

PANews reported on October 14th that Four.Meme posted on the X platform: "We are working with ecosystem partners to conduct airdrop data statistics and cross-verification, and this process is still ongoing. As previously announced, this airdrop will be carried out in batches. Note: The first batch of airdrops has not yet started. We will release further updates on the airdrop through official channels." Earlier news, BNB Chain and FourMeme launched a $45 million BNB "Rebirth Support" airdrop plan .

Author: PANews
Umbra’s 200-fold oversubscription reveals the innovation of MetaDAO’s financing mechanism

Umbra’s 200-fold oversubscription reveals the innovation of MetaDAO’s financing mechanism

By Karen Z, Foresight News Last week (October 10th), the privacy protocol Umbra completed a community sale on the MetaDAO platform. This public sale attracted over 10,000 participants, with a total subscription amount of nearly $155 million, 200 times the project's planned minimum financing amount. After the sale ended, the project party set the actual financing limit at US$3 million. In the end, each subscribing user only received about 2% of the subscription amount, and the remaining funds were returned in the same way. More notably, even amidst a significant correction in the broader crypto market, the UMBRA token price has demonstrated strong resilience: its current price ($1.50) has quadrupled from its initial offering price ($0.30). This performance not only demonstrates market confidence in the privacy sector but also underscores the appeal of MetaDAO's unique financing model. At the same time, MetaDAO platform token META was not to be outdone, with its market value exceeding US$200 million today, setting a record high, and its increase so far this month has exceeded 4 times. As a privacy protocol within the Solana ecosystem built on Arcium technology, Umbra's popularity is inseparable from the explosive growth of the privacy sector. However, while the market's attention is focused on Umbra itself, its MetaDAO platform may hold even greater opportunities. This allegedly rug-proof financing tool and its market-based governance are paving a new path for token issuance in crypto projects. MetaDAO: From Zero VC to Paradigm Backing MetaDAO's starting point was not the luxurious financing start of traditional crypto projects, but rather the exploration of solutions to the pain points of financing in the crypto industry. Traditional ICOs have long suffered from three major pain points: founders lack motivation to continue working after receiving a fixed token allocation, early investors "fleet" and sell off quickly, and the community lacks engagement, leading to projects easily falling into the trap of "early hype but long-term lack of growth." MetaDAO was designed to address these issues. Its core logic replaces single token voting with market-driven governance and fixed token allocations with performance-based incentives. Birth and Initial Development : In October 2022, founder Proph3t (@metaproph3t) began developing this organization focused on Futarchy governance (also known as the "market decision-making system," which will be explained in detail later). It was officially established in November 2023. Initially, it was launched by airdropping tokens to approximately 65 people and using $10,000 as an initial treasury fund. Milestone Financing : In August 2024, MetaDAO achieved a key breakthrough—a $2.2 million seed round led by crypto venture capital giant Paradigm. Paradigm's preference for MetaDAO stemmed from its Futarchy governance model's strong alignment with Paradigm's prediction market strategy. At the time, CoinDesk quoted MetaDAO's anonymous founder, Proph3t, as saying that Paradigm would hold 3,035 META tokens, representing 14.6% of the total supply, making it the largest single holder of META. Approximately 30 angel investors purchased an additional 965 META tokens, bringing the total raised to $2,229,950. A lean team : According to a recent proposal on MetaDAO, the team is relatively small, with core members consisting of Proph3t, co-founder and engineer Kollan, a part-time designer, and an intern responsible for Twitter operations. MetaDAO currently has approximately $1.8 million in cash reserves, which can support approximately 24 months of operations at its current scale. Note: Proph3t's recent proposal to sell $6 million in META tokens at a discount to expand the team and increase operating reserves was rejected by the community. MetaDAO operating mechanism Simply put, MetaDAO is not just a "financing tool"; it also allows project founders and investors to transform from "short-term profit seekers" to "long-term co-builders." It not only allows founders to obtain start-up capital, but also ensures through mechanisms that they must complete the project in order to obtain more returns; it also gives investors the opportunity to participate in early-stage projects while avoiding "losing all their capital" through transparent rules. MetaDAO has evolved into a Solana-based launchpad platform and governance system, with the core goal of addressing pain points such as "rug" risk and misaligned incentives in traditional cryptocurrency financing. The new MetaDAO platform will officially open to the public on October 6, 2025, initially supporting the financing of five projects. Anti-Rug ICO: Building “Security” into the Mechanism If you choose to issue on MetaDAO, the project team needs to accept some restrictions that seem unusual in the traditional world. For example, MetaDAO locks in risks in the following dimensions: Funds are locked in the "Futarchy Governance Treasury" : The USDC raised will not be given directly to the founders, but will be deposited in a treasury controlled by Futarchy. Every large expenditure must be verified by the market (that is, the expenditure will only be approved if the trader believes that it can increase the value of the token). IP ownership is physicalized : The core assets of the project (domain names, software, social media accounts, etc.) will be transferred to a dedicated legal entity rather than the founder personally, preventing the founder from "taking away core assets." The founders' income is tied to the success of the project : Founders will not receive a large number of tokens at the beginning, but will obtain rewards through a "performance grading mechanism" - tokens will be unlocked in 5 batches, corresponding to token prices reaching 2 times, 4 times, 8 times, 16 times, and 32 times the ICO price, and the earliest unlocking time will not be earlier than 18 months after the ICO. Budget constraints : Teams must commit to a set budget limit (no more than one-sixth of the minimum raised amount), and spending above this amount requires approval from governance. How to set up the ICO mechanism? MetaDAO's ICO mechanism is well-designed, taking into account the interests of both project owners and investors to a certain extent: Sales Process : Founders must submit information such as minimum funding, monthly team budget, and performance tiering. Only after a successful application can they be listed on MetaDAO. Investors have four days to subscribe to project tokens using USDC. Regarding the team incentive mechanism : The team may choose to allocate up to 15 million tokens (50% of the initial supply) to a price-based performance mechanism. This performance mechanism will be divided into five equal tranches: unlocked at 2x, 4x, 8x, 16x, and 32x the ICO price, with the earliest unlocking time no earlier than 18 months after the ICO (founders can extend the lock-up period). Post-sale arrangements : If a project fails to reach the minimum funding threshold, investors' USDC will be refunded. If the sale is successful, the founders will announce the amount of funds they choose to receive (there is no upper limit during the sale), which officials claim will provide everyone with a fair opportunity to participate. The quota will be distributed proportionally, and any remaining funds will be refunded. All USDC will be deposited into the market governance treasury, which will also transfer the authority to mint new tokens. The treasury will provide 20% of the USDC and 5 million tokens to the liquidity pool. Note: On the evening after the Umbra sale ends, all sales tokens will be unlocked and distributed directly to user wallets, and any remaining funds will be refunded. Futarchy Governance: Let the Market Make Decisions, Not Voting MetaDAO does not adopt the "token voting" of traditional DAOs (which is easily manipulated by large holders), but instead uses Futarchy to determine the direction of the project - this is a governance model that allows "traders to vote with their funds", that is, using prediction markets to guide decision-making. The core logic of this governance is based on the idea of economist Robin Hanson: people "bet" on the potential impact of proposals on the value of project tokens through transactions, thereby aggregating collective wisdom and ensuring that only those proposals that the market believes can increase value are adopted. The core logic of MetaDAO’s Futarchy governance is: Proposal Creation and Activation : For a proposal (e.g., "Remove 1 million USDC from the treasury to develop new features," "Issue a new token," "Increase/decrease liquidity," etc.), token holders must stake tokens to activate the proposal. By default, a proposal requires a stake of 50,000 tokens (5% of the total ICO amount) to be listed. Staking is used solely for anti-spam purposes and carries no risk of lock-up or slashing. Only one proposal can be active at a time. Trading Phase : Once the staking conditions are met, the project will extract half of the liquidity from the spot market and transfer it to the proposed conditional market. Traders can conduct conditional trades within three days. If you believe the proposal will increase the token's value, you buy the "pass market" token; otherwise, you buy the "fail market" token. Ultimately, the "lagging time-weighted average price" (TWAP) is used to determine whether a proposal is worthy of approval. To ensure a more prudent approval process, MetaDAO has set a passing threshold, making it slightly harder to pass than to fail (a 1.5% threshold). The core logic of this process is to use the "lagging TWAP" to filter manipulation, the "1.5% threshold" to ensure consensus strength, and ultimately, to let the true judgment of market capital determine whether a proposal aligns with the long-term value of the project. summary At a time when "short-term profit-seeking" is prevalent in the crypto industry, MetaDAO's innovation lies in: using "mechanism design" to lock in a certain degree of security, replacing "zero-sum game" with "interest binding", hoping to form a "community of interests" between founders and investors. For founders who want to get down to business, MetaDAO provides a path to fair financing without relying on VCs. For investors seeking security, MetaDAO reduces the risk of being “rugged” through multi-dimensional rules. However, it should be noted that the cryptocurrency market is highly volatile, and no mechanism is a "panacea": even with a protective mechanism, the price of a project token may still plummet due to factors such as the broader market, business progress, and the full unlocking of public sales. At the same time, governance can only prevent "malicious team behavior" and cannot guarantee the inevitable success of a project - investors still need to make a comprehensive judgment based on the project fundamentals and the prospects of the track. In the next article, I will focus on new projects that plan to launch public sales on MetaDAO in the near future.

Author: PANews
What October 15 Means for OpenSea SEA Airdrop Farmers

What October 15 Means for OpenSea SEA Airdrop Farmers

The post What October 15 Means for OpenSea SEA Airdrop Farmers appeared on BitcoinEthereumNews.com. OpenSea users must link Ethereum Virtual Machine (EVM) wallets by October 15 or risk missing out on NFT and SEA token rewards as the Treasure Chests program ends. This critical deadline is part of OpenSea’s strategy to re-engage its community and build excitement for the upcoming SEA token launch. Many in the NFT ecosystem see this as a pivotal opportunity for OpenSea’s comeback. Sponsored Why Users Must Act Before the Deadline To receive the largest rewards, OpenSea users must connect an EVM-compatible wallet by October 15. Failure to do so will result in missing nearly all major new incentives. Only limited rewards remain for users logged in via Solana or Web2 accounts. Most token and NFT drops, including the $SEA token, are tied to EVM chains. OpenSea has increased its reminders as the deadline approaches. Official messaging leaves no room for doubt: users without an EVM wallet connection will not access EVM rewards.  “We know degens don’t read. So here’s your reminder: connect an EVM wallet to your OpenSea rewards profile. Most rewards are on EVM chains. No EVM wallet? No EVM prizes,” the marketplace articulated. Meanwhile, those using only Web2 or Solana logins see in-app alerts urging them to add an EVM address before time runs out. These notifications clarify that airdrop allocations heavily favor EVM chains. Sponsored OpenSea’s in-app notification tells users to link EVM wallets to access almost all NFT and token rewards. Source: OpenSea on X Treasure Chests Program Ends, Raising the Stakes October 15 also marks the end of the Treasure Chests program, adding urgency for users. Each chest, especially in the Solar tier, affects the number of SEA tokens awarded at the token generation event (TGE). The chest level at the cutoff sets airdrop rewards; Solar chests may offer the greatest gains, but still…

Author: BitcoinEthereumNews
BlockDAG Surges Past Snorter Bot, Best Wallet, and SUBBD

BlockDAG Surges Past Snorter Bot, Best Wallet, and SUBBD

The post BlockDAG Surges Past Snorter Bot, Best Wallet, and SUBBD appeared on BitcoinEthereumNews.com. Crypto News BlockDAG’s live tools, mining rollout, and $420M+ presale make it the best crypto presale, outpacing Snorter Bot, Best Wallet, and SUBBD in real-world progress. The presale landscape is shifting as projects compete to prove they can deliver more than just hype. While Snorter Bot, Best Wallet, and SUBBD each target unique niches, from meme-driven communities to hybrid wallet ecosystems and governance-first designs, the real challenge lies in execution. Against that backdrop, BlockDAG is redefining what a presale can achieve by pairing substantial funding with visible tools, mining infrastructure, and real-world partnerships. As early allocation windows tighten, the search for the best crypto presale to invest in 2025 is less about speculation and more about proof, delivery, and long-term utility. Here’s how the top contenders stack up. 1. BlockDAG: $420M+ Raised, Testnet Live, and Building Fast BlockDAG has set a new standard for presale execution. With over $420M raised and nearly 27B coins sold, it’s already operating at a scale that most projects never reach. Its Batch 31 price remains locked at $0.0018 for a limited time through the GENESIS Day offer, available with the code “TGE” and just 10% upfront, with the rest unlocking post-launch. Code “TGE” also allows early access at launch, depending on your rank: 1–300 Rank: Instant Airdrop301–600 Rank: Airdrop after 30 min601–1000 Rank: Airdrop after 60 min1001–1500 Rank: Airdrop after 2 h1501–2000 Rank: Airdrop after 4 h2001–5000 Rank: Airdrop after 6 h>5001 Rank: Airdrop after 24 h Unlike many presales that remain stuck in concept mode, BlockDAG is already shipping real products. A live Testnet is running, and over 20,000 miners have been deployed globally. Its Proof-of-Work + DAG hybrid architecture and real-time mining integration are already functional. Momentum is building ahead of KEYNOTE 4, which will unveil major updates, including EVM compatibility, expanded…

Author: BitcoinEthereumNews
Best Crypto Presales to Watch: BlockDAG, Snorter Bot, Best Wallet, and SUBBD Compared

Best Crypto Presales to Watch: BlockDAG, Snorter Bot, Best Wallet, and SUBBD Compared

The presale landscape is shifting as projects compete to prove they can deliver more than just hype. While Snorter Bot, […] The post Best Crypto Presales to Watch: BlockDAG, Snorter Bot, Best Wallet, and SUBBD Compared appeared first on Coindoo.

Author: Coindoo
The Crypto World Meets Offshore Finance: Jersey's Crypto Asset Taxation and Regulatory Regime

The Crypto World Meets Offshore Finance: Jersey's Crypto Asset Taxation and Regulatory Regime

Author: FinTax 1. Introduction Jersey, with a tax system independent of the UK, has long been renowned for its low tax burden, clear system, and simple structure, making it one of the world's most attractive offshore financial centers. The island's tax system, while adhering to local governance, takes into account international compliance standards, providing a flexible and stable tax environment for traditional financial services, wealth management institutions, and the emerging crypto economy. Unlike other countries, Jersey's institutional response to crypto assets has not been radically innovative, but rather a cautious, layered, and compatibility-oriented approach. In terms of taxation, it continues its traditional design of tax-free capital gains and low corporate tax burdens, but retains flexibility in determining whether an activity is "commercial" or "purposeful." In terms of regulation, it expands existing legal boundaries to incorporate virtual assets into conventional frameworks such as anti-money laundering, transaction disclosure, and licensing, rather than creating a new set of crypto codes. 2. Jersey’s Crypto Tax Regime 2.1 Jersey tax system Jersey is a British Crown dependency with a high degree of autonomy and independent tax and financial regulatory systems. Its tax system is renowned for its simplicity, stability, and low tax burden, offering an attractive tax environment for global investors and high-net-worth individuals. The main taxes and rates are as follows: ① Corporate tax: Jersey adopts a "0-10-20" categorized tax rate structure, where the standard corporate income tax rate is 0%, financial services companies are subject to 10%, and public utility companies are subject to 20%. ② Personal income tax: The flat tax rate is 20%, with no progressive structure, and a basic tax-free amount (around 17,000 pounds, slightly adjusted each year). There is no capital gains tax, inheritance tax, or gift tax. ③Goods and Services Tax (GST): Goods and Services Tax was introduced in 2008 with a uniform tax rate of 5%. It is similar to VAT but has a narrower scope. It mainly applies to local goods and services transactions, while financial services, export services, etc. are usually tax-free. This tax system design not only serves traditional finance, but also provides policy space for crypto-asset-related businesses. It has also become one of the key factors in attracting Web3 companies to register and operate on the island. 2.2 Jersey Cryptocurrency Tax Policy 2.2.1 Characterization of Crypto Assets From an overall regulatory perspective, Jersey considers crypto assets to be "assets" rather than legal tender, and does not uniformly classify them as securities or financial products. This means that from a legal and tax perspective, crypto assets do not enjoy legal tender status, nor are they automatically included in the scope of financial instrument regulation. Instead, they are functionally identified based on specific usage scenarios: The Jersey regulator, citing the definition of the Jersey Financial Services Commission (JFSC), defines crypto assets as "digital representations of value that can be traded or transmitted and used for payment or investment," but does not consider them legal tender. If crypto assets are used for investment and held for appreciation, they are considered investment assets similar to "personal property" and are subject to similar tax rules as ordinary property. According to the JFSC's 2018 ICO Guidance Note, tokens that possess features such as participation in the issuer's profits, asset claims, redemption promises, management rights, or return expectations will be considered securities. If they exhibit features of a collective investment arrangement, they will be treated as a "collective investment scheme," requiring a case-by-case assessment based on their equity structure. If crypto assets are obtained through mining or on-chain services, the related income may be considered "business income" or "compensation for services rendered," and thus subject to income or corporation tax. Jersey's regulatory authorities emphasize risk-oriented and usage-based classification principles in their supervision and taxation of crypto assets. They do not include all virtual assets in the regulatory scope in a one-size-fits-all manner, but instead classify the trading, holding, circulation, and services of crypto assets separately to determine whether current financial regulations or anti-money laundering obligations apply. 2.2.2 Tax policies related to crypto assets Although Jersey has yet to enact specific cryptoasset tax laws, its tax authority, Revenue Jersey, has, through interpretative documents and precedent, categorized cryptoassets within the existing tax framework. Overall, Jersey's cryptoasset tax regime adopts the principles of purpose-based, attribute-based, and risk-adaptive taxation. Different tax rules apply to different taxpayers and activity scenarios, with the following being the main scenarios: Personal holdings and transactions For natural persons, if they hold crypto assets solely for long-term investment or occasional trading, the resulting appreciation is generally considered capital gains and is not taxable in Jersey. However, if trading is frequent and commercial in nature, such as using leverage or continuously providing liquidity, the related gains will be considered business income and must be reported at a 20% personal income tax rate. Jersey's definition of "trading behavior" is based on the UK's HMRC "Badges of Trade" principle (BIM20205). In addition, non-capital income such as staking income, airdrops, and node rewards are generally considered taxable income and subject to tax accordingly. Business Ownership and Operations If a company engages in crypto-asset-related activities, such as exchange operations, digital wallet custody, mining, token issuance, and DeFi protocol development, its operating income should be considered taxable business income. According to Jersey's "0-10-20" corporate tax system, general technology or platform companies may be subject to a 0% corporate tax rate; those engaging in financial services (such as crypto asset custody, transaction matching, and wealth management product issuance) may be subject to a 10% tax rate; and those classified as public utilities or real estate investment companies are subject to a 20% tax rate. Mining behavior Jersey has no specific legislation prohibiting or exempting crypto-asset mining from taxation. Officials in the Cryptocurrency Tax Treatment document state that if mining activities are "occasional or non-commercial," they are not taxable activities. However, if mining is ongoing, profitable, and organized, the crypto assets generated constitute taxable income and should be included in current income and taxed at market prices. Crypto Payments and GST Issues Although Jersey implements a 5% Goods and Services Tax (GST), the tax authorities have clarified that the "exchange" of crypto assets as a means of payment does not constitute a taxable transaction. In other words, when a user uses Bitcoin or Ethereum to purchase goods or exchange them for fiat currency or other virtual currencies, this transaction itself does not incur GST obligations. However, if a merchant accepts crypto payments and provides taxable goods or services, the goods themselves are still subject to GST. In this case, crypto assets are merely considered a medium of payment, no different from using cash or a credit card. 3. Establishing and improving Jersey’s crypto regulatory framework Jersey's regulatory framework for crypto assets is led by the Jersey Financial Services Commission (JFSC). The JFSC is responsible for the supervision, regulation, and development of Jersey's financial services industry, including the regulation of virtual assets. Its responsibilities include: ① Develop regulatory policies and guidelines: The JFSC will issue guidance notes and other documents to clarify how virtual assets are regulated in Jersey, including issuing guidelines and licenses for virtual currency exchanges. ② Registration and licensing: Companies operating in the virtual asset sector in Jersey must register with the JFSC and obtain all necessary licenses or permits. ③ Supervision and Enforcement: The JFSC is responsible for supervising regulated entities and ensuring their compliance with Jersey’s anti-money laundering/counter-terrorist financing laws and other regulatory requirements. The JFSC also has the power to take enforcement action against entities that violate these requirements. ④ Establishing Compliance and Oversight Standards: The JFSC sets compliance and review standards for the virtual asset industry. For example, firms must have personnel with appropriate skills and experience, including designated Money Laundering Reporting Officers (MLROs) and Deputy MLROs, as well as key personnel responsible for compliance and internal oversight. The JFSC also monitors virtual asset service providers for compliance with the Travel Rule and international crypto-asset tax reporting standards. ⑤ International cooperation: JFSC cooperates with other regulatory agencies and international organizations to exchange information and promote coordination and consistency in global virtual asset regulation. Jersey has not enacted a specific code for crypto assets. Instead, it has gradually brought virtual assets and their service providers under the regulatory umbrella by adding definitions, expanding the scope of application, and implementing a registration system, building on its existing financial regulatory system and anti-money laundering system. The following are the core laws and regulatory documents currently related to crypto assets: ①Financial Services (Jersey) Law 1998 The Act is Jersey's most fundamental financial regulatory law, requiring any business providing certain financial services in Jersey to register or apply for a license with the JFSC. In 2016, the JFSC clarified that virtual currency exchanges fall within the scope of the Act and must therefore register as "money service businesses." ② Proceeds of Crime (Jersey) Law 1999 This is Jersey's core anti-money laundering and counter-terrorist financing law, applicable to all high-risk industries, including crypto businesses. The law requires businesses dealing in virtual assets to fulfill the following obligations: customer due diligence (CDD), transaction record keeping, and reporting of suspicious transactions to the Jersey Financial Crimes Unit (JFCU). ③Virtual Currency Exchange Regulations In 2016, the JFSC issued specific regulations targeting virtual currency exchanges, requiring them to strictly implement AML/CFT measures and establish robust internal controls and governance structures. These regulations brought crypto trading platforms into the substantive regulatory system. ⑤ Initial Coin Offerings Guidance Note The JFSC issued this guidance in 2017, clarifying the regulatory scope of ICOs in Jersey. The document emphasizes that ICOs will be assessed on a case-by-case basis, with the nature of the tokens issued determining whether they fall under existing financial services regulations. If the tokens possess securities or constitute collective investment vehicles, they will require a license and regulatory oversight. ⑥ Information Accompanying Transfers of Funds (Jersey) Regulations 2017 (revised in 2023) The regulation is used to implement the FATF's "Travel Rule", requiring all VASPs to collect and exchange sender/recipient identification information in virtual asset transfers. It is an important measure for Jersey to enhance the transparency of cross-border crypto transactions. ⑦OECD Crypto-Asset Reporting Framework (CARF) Regulations (2024–2025) Jersey joined the CARF agreement in 2024 and implemented local regulations in 2025, requiring all crypto asset service providers to fulfill their obligations to collect and report customer tax information and to achieve automatic information exchange with other jurisdictions. In Jersey, virtual asset tax and regulatory arrangements are based on the Financial Services Act and the Proceeds of Crime Act, and have been gradually refined through scenario-based, detailed regulations and international cooperation provisions. The Financial Services Act establishes licensing requirements for emerging businesses such as crypto exchanges under the "money services business" category, while the Proceeds of Crime Act serves as the baseline for anti-money laundering and counter-terrorist financing regulations for all virtual asset activities, covering obligations such as customer due diligence, transaction records, and suspicious activity reporting. The Initial Coin Offering Guidelines build on this foundation by providing a functional classification of token issuance activities, clarifying whether different issuance models should be included in the existing regulatory framework for securities or collective investments. The Information Incidental to Funds Transfer Regulations and the CARF Regulations further enhance the transparency of cross-border capital flows and tax information, ensuring that Jersey maintains the advantages of a flexible tax system while maintaining consistency with international compliance requirements. 4. Summary and Outlook With its simple, flexible tax system and progressive regulatory approach, Jersey is gradually building an attractive and compliant crypto-asset environment. Regarding its tax system, Jersey maintains its traditional advantages—no capital gains tax and low corporate tax burdens—which provide favorable conditions for the crypto industry. However, it is notable that Jersey does not encourage speculative arbitrage structures. Instead, it defines "commercial activities" as taxable, clarifying the boundaries and leaving room for regulatory judgment. This ambiguity is precisely the source of its flexibility. Going forward, Jersey will inevitably be impacted by tightening international regulations, particularly the implementation of the OECD's CARF framework and the FATF's VASP transparency requirements, which will gradually shrink its policy buffer zone. Jersey's real challenge may not lie in attracting more crypto businesses, but rather in maintaining institutional autonomy while establishing a trustworthy regulatory image without unduly sacrificing flexibility.

Author: PANews
Polygon Extends Gains, Chainlink Eyes $22 Breakout, BlockDAG’s $0.0012 Offer Fuels Buying Frenzy!

Polygon Extends Gains, Chainlink Eyes $22 Breakout, BlockDAG’s $0.0012 Offer Fuels Buying Frenzy!

The post Polygon Extends Gains, Chainlink Eyes $22 Breakout, BlockDAG’s $0.0012 Offer Fuels Buying Frenzy! appeared on BitcoinEthereumNews.com. The race for the top crypto performers of 2025 is narrowing, and three names are pulling ahead: Polygon (POL), Chainlink (LINK), and BlockDAG (BDAG). Polygon’s ZK-rollup innovation is reshaping Ethereum scalability, positioning it as a long-term winner in the Layer-2 sector. Polygon (POL) price momentum continues to build as ZK-rollups slash gas fees and attract institutional adoption. Meanwhile, Chainlink (LINK) short-term price movements keep traders alert as LINK flirts with the $22 breakout level, backed by growing integration into major financial data systems. But it’s BlockDAG that stands out as the most disruptive player in the mix. With over $420 million presale, EVM compatibility, and a confirmed $0.05 listing, BDAG isn’t just competing, it’s leading. While Polygon and Chainlink refine existing models, BlockDAG is building the next one, making it arguably the best crypto right now for exponential upside. Polygon’s zkEVM Rollups Expand Ethereum Scalability Zero-knowledge (ZK) rollups are fast becoming Ethereum’s strongest weapon against congestion and high gas fees. By processing transactions off-chain and verifying them on Ethereum, they boost speed and cut costs, a major leap for scalability. Polygon, one of the early adopters, is leading this evolution. Ethereum Layer 2 networks now secure nearly $49 billion in total value, with ZK-rollups taking the lion’s share. Polygon’s zkEVM alone hosts around 45,000 dApps, handles up to 16 million daily transactions, and processes trades at a fraction of Ethereum’s cost. With rising adoption and shrinking token reserves on exchanges, long-term investors see potential in POL. While $15 might not happen overnight, a move beyond $0.75 in the coming months could set the tone. If the next Ethereum wave is powered by ZK-rollups, Polygon may be at its core. Chainlink Slips Below $22, Is a Breakout on the Horizon? Chainlink (LINK) is showing a short-term pullback as market volatility increases,…

Author: BitcoinEthereumNews