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18 May 2026, 18:36
Japan plans major cut to crypto tax, drops from 55% to 20%

🚀 Japan to slash crypto tax from 55% down to 20%. Top brokerages are racing to launch investment funds in $BTC and ETH. Continue Reading: Japan plans major cut to crypto tax, drops from 55% to 20% The post Japan plans major cut to crypto tax, drops from 55% to 20% appeared first on COINTURK NEWS .
18 May 2026, 18:35
Iran launches a Bitcoin-backed insurance service for ships crossing the Strait of Hormuz

Iran has launched Hormuz Safe, a new Bitcoin-backed insurance service for ships crossing the Strait of Hormuz, as Tehran turns one of the world’s busiest energy routes into a crypto-linked shipping product. The service is meant for Iranian shipping companies and cargo owners, and the government says it could bring in more than $10 billion a year. The offer is simple on paper. A cargo owner accompanies a shipment, the insurance cover starts, and the owner gets a signed receipt. Tehran says the full website for Hormuz Safe is still “coming soon,” but Iranian media says the platform has already started offering cover for maritime cargo moving through the strait. The program is expected to include different marine insurance products and encrypted vessel checks. The big question is whether this insurance bill comes on top of transit charges. That matters because some ships have already faced payments of up to $2 million per trip through the same route. Iran puts Hormuz insurance under a new Strait authority On Monday, the Supreme National Security Council of Iran announced that a new organization, known as the Persian Gulf Strait Authority (PGSA), will be responsible for providing information regarding the strait. The authority must give live information about operations and new developments at the strait. Iranian state-affiliated media reported that the Hormuz Safe will begin offering insurance services for the maritime transport of goods in the region. The service will also offer encrypted certification for vessels sailing through the strait. According to the report, “cargo is insured starting from the moment of confirmation, with a signed receipt provided to the owner.” The Iranian government also added that the service is “for Iranian shipping companies and cargo owners.” Iran said that it intends to use the proceeds from the tolling system to cover its cost of repairing damages resulting from nearly six weeks of US-Israeli bombing inside Iran. Before the conflict, ships could pass through the strait without paying a fee. Both the US and China have opposed the tolling of the strait. Following his meeting with Chinese President Xi Jinping, the White House stated that “Xi made clear China’s opposition to the militarization of the strait and any efforts to toll its use.” No official denial has come out of China since then. UN Secretary-General António Guterres has also called for the opening of the strait. He called for “no tolls” and “no discrimination.” Shipping companies face higher Gulf insurance costs and sanctions risk In addition, the insurance rates for vessels heading to the Persian Gulf are rising significantly. Indeed, the insurance war-risks for ships have become significantly more expensive since the beginning of the military operations nearly two and a half months ago. For example, in March, the insurance rates increased by 5 times within several days following the US and Israeli air raids on Iran. This situation might make any simple voyage very troublesome. Several leading insurance companies ceased their activities in this regard quickly enough. Gard, Skuld, NorthStandard, and the American Club refused to provide war-risk insurance for ships sailing in the Persian Gulf area as soon as the military conflict started. Later on, a number of insurers returned to the market with state guarantees. For example, Chubb Limited has entered a $20 billion program in the USA providing insurance against war risks for hull, cargo, and liability coverage of commercial ships sailing in the Strait of Hormuz. However, shipping companies are cautious with regard to this issue. Some of them continue avoiding navigation in this area due to possible attacks and kidnappings, the threat of vessel seizures, and crew safety issues. According to a March Cryptopolitan report , Iran had already begun to take transit fees from some commercial ships at the start of the war. Some payments were estimated to reach $2 million per voyage. In addition, the UN Convention on the Law of the Sea prohibits levying any payments on vessels passing through the international strait or territorial sea. As of press time, no country or shipping company has expressed its interest in using the Iranian Hormuz Safe Service. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
18 May 2026, 18:35
Monero (XMR) Price Outlook 2026-2030: Can Privacy Coins Navigate Regulation and Lead a Market Shift?

BitcoinWorld Monero (XMR) Price Outlook 2026-2030: Can Privacy Coins Navigate Regulation and Lead a Market Shift? Monero (XMR), the leading privacy-focused cryptocurrency, has maintained a distinct position in the digital asset market by prioritizing transaction anonymity. As the broader crypto market anticipates a potential bull run, the question of whether privacy coins like Monero can lead the next cycle remains a subject of intense debate among analysts and investors. This editorial analysis examines the fundamental factors, regulatory headwinds, and market dynamics that could shape Monero’s price trajectory from 2026 through 2030. Understanding Monero’s Core Value Proposition Unlike Bitcoin or Ethereum, Monero uses ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions) to obfuscate sender, receiver, and transaction amounts. This technical architecture provides a level of fungibility that is unique among major cryptocurrencies. For users in jurisdictions with unstable financial systems or those requiring transactional privacy for legitimate business reasons, Monero offers a practical solution that few other digital assets can match. This fundamental utility has sustained a dedicated user base and developer community, even during prolonged bear markets. Regulatory Landscape and Its Impact on XMR The primary challenge facing Monero and other privacy coins is increasing regulatory scrutiny. In 2024 and 2025, several exchanges delisted XMR in response to guidance from financial regulators in jurisdictions like the European Union and Japan, which view privacy-enhancing features as potential tools for money laundering and illicit finance. The Financial Action Task Force (FATF) has consistently recommended that virtual asset service providers apply enhanced due diligence to privacy coins. This regulatory pressure has reduced liquidity and accessibility for Monero on centralized platforms, potentially capping its price appreciation in the short to medium term. Market Dynamics and Adoption Trends Despite regulatory challenges, Monero’s on-chain metrics indicate steady network usage. Transaction volumes and the number of active wallets have remained resilient, suggesting a committed user base that values privacy over convenience. Furthermore, the rise of decentralized exchanges (DEXs) and atomic swaps provides alternative avenues for trading XMR without relying on centralized gatekeepers. If the broader crypto market enters a new bull phase, driven by factors such as Bitcoin’s halving cycle and potential institutional adoption, Monero could benefit from a rising tide, though its performance may lag behind assets with clearer regulatory pathways. Price Prediction Analysis for 2026-2030 Any price prediction for Monero must be viewed through a lens of high uncertainty, given the volatile nature of cryptocurrency markets and the evolving regulatory environment. For 2026, a reasonable range, based on technical analysis and market cycle patterns, could see XMR trading between $120 and $250, assuming no major regulatory crackdowns. Looking toward 2030, the outlook depends heavily on two key variables: the resolution of privacy coin regulation and the overall adoption of cryptocurrency as an asset class. If a balanced regulatory framework emerges that allows privacy coins to operate under clear compliance standards, Monero could see significant price appreciation, potentially reaching $400 to $600. Conversely, if major economies move to ban or severely restrict privacy coins, the price could remain suppressed or decline further. The most likely scenario is a middle path, where Monero maintains a niche but valuable role in the crypto ecosystem, with its price reflecting its utility rather than speculative hype. Conclusion Monero’s future price performance is inextricably linked to its ability to navigate a complex regulatory landscape while retaining its core technical advantages. While it is unlikely to lead a broad market rally in the same manner as Bitcoin or a major smart contract platform, its unique value proposition ensures it remains a relevant and important asset for a specific segment of the market. Investors should weigh the potential for outsized returns against the significant regulatory risks and the reduced liquidity on mainstream exchanges. The story of Monero in the coming years will be a test of whether privacy can be preserved within the evolving framework of digital finance. FAQs Q1: Why is Monero often delisted from major exchanges? Major exchanges delist Monero primarily due to regulatory pressure from bodies like the FATF, which classifies privacy coins as high-risk for money laundering and terrorist financing. Exchanges must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, and assets that obscure transaction history make compliance more difficult. Q2: Can Monero still be bought and sold if it is delisted? Yes. While delisting from centralized exchanges reduces liquidity, Monero can still be traded on decentralized exchanges (DEXs), peer-to-peer platforms, and through atomic swaps. These methods require more technical knowledge but preserve the ability to buy and sell XMR. Q3: Is Monero only used for illegal activities? No. While its privacy features can be exploited for illicit purposes, Monero is also used by individuals and businesses for legitimate reasons, including protecting financial privacy from surveillance, operating in jurisdictions with unstable currencies, and conducting confidential business transactions. The majority of Monero transactions are believed to be for lawful purposes, similar to cash. This post Monero (XMR) Price Outlook 2026-2030: Can Privacy Coins Navigate Regulation and Lead a Market Shift? first appeared on BitcoinWorld .
18 May 2026, 18:31
Strategic Bitcoin Reserve Rollout Nears as BTC Slides to $76K, Strategy Adds $2B in BTC

Bitcoin News The White House is preparing a formal rollout of the United States Strategic Bitcoin Reserve, with the administration confirming this week that a key legal hurdle has been cleared. Pat...
18 May 2026, 18:15
Breaking: Elon Musk losses OpenAI lawsuit as jury sides with Sam Altman and Greg Brockman

Elon Musk lost his lawsuit against OpenAI, Sam Altman, Greg Brockman, and Microsoft (MSFT) on Monday after a nine-person jury rejected his claims in under two hours. The decision followed a three-week trial in Oakland, California, in which Elon sought to prove that OpenAI breached the purpose for which it was formed. U.S. District Judge Yvonne Gonzalez Rogers agreed with the advisory jury’s decision and found that neither Sam nor OpenAI was liable. She also dismissed the breach of charitable trust and unjust enrichment claims since they were raised too late. Yvonne said that she was willing to dismiss the suit “right then and there.” Yvonne further added, “there is a lot of evidence to support the jury’s decision.” Steven Molo, Elon’s main lawyer, informed the judge that Elon still had a right to appeal. Thus, while the legal battle was not entirely concluded, Monday’s ruling marked a defeat for Elon. This ruling also put an end to the claim against Microsoft, which Elon alleged was responsible for the breach by OpenAI since Microsoft invested in OpenAI in 2019. Jury clears Sam Altman and OpenAI after Elon fails to prove a binding nonprofit deal Elon filed the suit against Sam and OpenAI in 2024. He claimed that OpenAI was created in 2015 as an AI lab with a charitable purpose; however, its founders switched to a business model afterward. Elon co-founded the organization in 2015 and left the board of directors in 2018. He stated in court that he invested around $38 million since he trusted that OpenAI would develop AI systems “for the benefit of humanity.” It was not meant to enrich one man. Elon’s legal representatives claimed that Sam and Greg “stole a charity,” which is the main accusation of the lawsuit. According to the plaintiff, OpenAI’s founders abandoned the initial goal and focused on their own enrichment. Elon demanded severe legal consequences for the shift. The amounts were huge. Elon’s attorneys requested that OpenAI and Microsoft forfeit up to $134 billion in “ill-gotten gains.” Additionally, they asked the court to exclude Sam and Greg from the leadership and roll back the restructuring that took place in 2025, which contributed to the growth of the for-profit part. Elon insisted that the funds were not for him personally. He asked that all the recovered amounts be returned to the “OpenAI charity.” However, the problem was the lack of evidence. Elon’s lawsuit did not mention any founding document that guaranteed the nonprofit status of OpenAI permanently. There apparently is no such document. As a result, his team was forced to construct arguments based on emails, messages, discussions, and records from OpenAI’s founding period. It means that the whole trial depended on memories, written documents, and credibility. The jury had to determine which version of events was more persuasive in the process of forming OpenAI. OpenAI says Elon wanted control while Microsoft and Google stayed central to the case OpenAI’s lawyers argued that Elon’s donations were not legally restricted. Their point was that he gave money, but did not attach clear written limits to it. They also said OpenAI had to restructure because advanced AI costs serious money. The company needed cash, chips, engineers, and cloud power to compete with Google DeepMind, which sits under Alphabet (GOOGL). OpenAI’s side also used Elon’s own history against him. They showed that Elon had discussed a for-profit setup before, but wanted control if that happened. They also said he once pushed for OpenAI to be folded into Tesla (TSLA). Microsoft was pulled into the case because of its deep financial link with OpenAI. Elon accused Microsoft of aiding the alleged breach of charitable trust. The court dismissed that claim too. After the ruling, lawyers for OpenAI and Microsoft hugged and slapped backs as they left the downtown Oakland courtroom. That was the courtroom mood on their side. Elon’s side kept the appeal option open. Yvonne also dismissed two extra claims after finding they were blocked by time-limit rules. She then thanked the jury and told them they could speak to “anyone about anything.” People in the gallery laughed. She warned them that any talks had to happen at a reasonable time and place, and only with their consent. The smartest crypto minds already read our newsletter. Want in? Join them .
18 May 2026, 16:55
Forsage Co-Founder Pleads Not Guilty in $340M Crypto Ponzi Case After Extradition

BitcoinWorld Forsage Co-Founder Pleads Not Guilty in $340M Crypto Ponzi Case After Extradition Olena Oblamska, a co-founder of the cryptocurrency investment platform Forsage, has pleaded not guilty to charges of wire fraud conspiracy following her extradition from Thailand to the United States. The plea, entered in a federal court, marks the latest development in a case that the U.S. Department of Justice describes as one of the largest crypto-based Ponzi and pyramid schemes ever prosecuted. How Forsage Operated and Why Regulators Took Action Launched in 2020, Forsage presented itself as a decentralized application (DApp) that allowed users to invest in smart contracts on the Ethereum, Tron, and BNB blockchain networks. According to the DOJ, the platform was structured to automatically redistribute funds from new investors to earlier participants—a hallmark of both Ponzi and pyramid schemes. The U.S. Securities and Exchange Commission filed a civil suit against Forsage and its founders in 2022, alleging that the platform had raised approximately $340 million from investors worldwide. Blockchain Evidence and Investor Impact Blockchain analysis conducted by investigators revealed that more than 80% of all Forsage investors received less money back than they had put in, with over half receiving no returns at all. The data, drawn from public ledgers, provided a transparent but damning record of the platform’s unsustainable payout structure. Legal experts note that the use of immutable smart contracts made the flow of funds easier to trace, but also gave the scheme a veneer of legitimacy that attracted unsuspecting participants. What the Case Means for Crypto Regulation This case is being closely watched by regulators and legal observers as a test of how U.S. authorities handle cross-border crypto fraud. Oblamska’s extradition from Thailand—a country not typically known for swift cooperation in financial crime cases—signals a growing willingness among international partners to pursue crypto-related offenders. The outcome could set a precedent for how decentralized finance platforms are held accountable under existing securities and fraud laws. Conclusion As Oblamska’s case moves toward trial, it underscores the risks inherent in unregulated crypto investment platforms that promise guaranteed returns. For the broader industry, the Forsage prosecution serves as a reminder that blockchain transparency can be a double-edged sword—exposing both the mechanics of a scheme and the evidence needed to dismantle it. The court proceedings will likely provide further clarity on how U.S. law applies to decentralized financial products that operate across multiple jurisdictions. FAQs Q1: What is Forsage? Forsage was a cryptocurrency investment platform launched in 2020 that used smart contracts on Ethereum, Tron, and BNB blockchains. U.S. authorities allege it operated as a Ponzi and pyramid scheme, redistributing new investor funds to earlier participants. Q2: How much money did investors lose in the Forsage scheme? The U.S. Securities and Exchange Commission estimates total losses at approximately $340 million. Blockchain analysis showed that over 80% of investors received less than they invested, and more than half received nothing. Q3: Why was Olena Oblamska extradited from Thailand? Olena Oblamska was extradited to the United States to face federal charges of wire fraud conspiracy. Her extradition reflects increased international cooperation in prosecuting cross-border cryptocurrency fraud cases. This post Forsage Co-Founder Pleads Not Guilty in $340M Crypto Ponzi Case After Extradition first appeared on BitcoinWorld .




































