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Crypto digest ·
Today's reports cover US sanctions on crypto businesses, Bitcoin steadying after record hack fallout, a yield product drawing attention, and Greece's first comprehensive crypto tax law.
As regulators, tax authorities and markets tighten their scrutiny of crypto, the industry's duty to account for its real-world impact, including on the environment, only grows.
The United States has imposed sanctions on crypto businesses on Yonge Street, alleging they assisted Iran's regime, according to the report. The report adds that some of the businesses sanctioned Friday are also accused of laundering drug money for alleged cocaine kingpin Ryan Wedding. These are allegations as described in the report, not proven findings.
Illicit finance flows can undercut the legitimacy of digital assets and divert attention from building accountable, verifiable systems of the kind environmental projects depend on.
Source: The Star — U.S. slaps sanctions on Yonge Street crypto businesses, alleging they aided Iran's regime · Nov 7, 2026
The report says Bitcoin has steadied following the fallout from a record hack and turbulence around the midterms. It also notes that spot Bitcoin exchange-traded funds in the US recorded $430 million in outflows on Thursday. No further detail on the hack or the funds is given in the report.
Swings in crypto markets shape how much energy-intensive activity the sector sustains, which keeps its environmental footprint a live question.
Source: Ndtv Profit — Bitcoin Steadies After Record Hack Fallout, Midterm Turbulence · Nov 7, 2026
According to the report, crypto holders are watching Remittix Earn because of two figures: it offers up to 21.4% APY across supported options and reached $1.3 million in total value locked within four days of going live. The report says ETH, USDT and USDC holders can assess a weekly payout offer, and mentions pools from Aave. This is a description of the product's claims, not an endorsement, and nothing here is advice to buy anything.
Where capital concentrates in crypto influences which projects get built, including whether any of them account for environmental impact.
Source: Techbullion — Why Are Crypto Holders Watching Remittix Earn? $1.3M TVL and Up to 21.4% APY · Nov 7, 2026
Greece's parliament has approved a crypto tax framework imposing a 10% tax on capital gains and a separate 15% tax on income from staking, lending and decentralized finance, the report says. It describes this as the country's first comprehensive approach to taxing digital assets. The legislation was approved Thursday, Nov. 5, according to the report.
Clearer rules on how crypto gains are treated make it easier to trace what people actually do with profits, including any they choose to direct toward public goods.
Source: Bitcoin News — Greece Approves 10% Crypto Gains Tax, 15% Levy on Staking and DeFi Income · Nov 7, 2026
Markets move, rules change, and forests keep waiting. If today's news reached you, take one concrete step: visit the REFOREST pledge page and pledge to plant a tree. $REFOREST, which has launched, exists to tie take-profit milestones to planted trees, with every planted tree verified by three community members before it enters the public registry, which currently holds 0 verified trees. This is not advice to buy anything.