Why transfer Is Trending Today?

The Colombian tax authority, CARF, predicts a $8.3 billion shortfall in 2025 compared to the Dian's target. The IRS urges the White House to adopt the CARF, a new proposal that could significantly impact crypto taxes. The U.S. is moving towards joining the global crypto reporting network, with the CARF review reaching the White House. Brazil is targeting cross-border crypto payments with new CARF-aligned rules, considering a tax on international crypto transfers to align with the global standard set by CARF.

Plume, a blockchain-based platform, has launched the Global RWA Alliance in collaboration with WisdomTree, Morpho, and Centrifuge to drive the growth of tokenized assets. The alliance aims to accelerate the adoption of tokenized assets by leveraging the expertise and resources of its members. Following the SEC's approval of Plume Network as a transfer agent for tokenized securities, the price of Plume's native token, $PLUME, has surged, indicating increased investor confidence in the platform. The trial of the "Plume" case at the Palais de Justice is currently underway, featuring a heated debate between judicial experts and private experts.

Plume Network has received approval from the U.S. Securities and Exchange Commission (SEC) to act as a transfer agent for tokenized securities, a significant step towards bringing traditional finance (TradFi) onto the blockchain. This approval allows Plume to build SEC-approved infrastructure for tokenized securities, driving innovation in the digital asset space. Following the news, Plume Network's crypto, PLUME, surged by 27%, reflecting market confidence in the company's progress.

Bitget, a cryptocurrency exchange, has transferred 440 million BGB tokens to the Morph Foundation, marking a significant shift in power as BGB becomes the gas and governance token of the Morph Chain. This move, which follows a 39% supply shift, has led to a 14% surge in Bitget Token price, with BGB token price now eyeing $6. The partnership aims to accelerate BGB's utility on the Morph Chain, with Bitget upgrading BGB to function as the native gas and governance token on the Morph blockchain.