Latam Insights: Paraguay Targets Bitcoin Miners, Brazil Mulls Crypto Taxation Changes
8.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce a bill to ban cryptocurrency mining, Brazil to change crypto taxation framework, and a poll finds that Latam believes CBDCs...
South Korea Tax Body Set to Seize 5,208 Crypto Traders’ Coins
8.4.2024
South Korean tax officials in the city of Pohang are set to seize cryptoassets from 5,208 residents who failed to pay local taxes.
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BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements
8.4.2024
The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks...
Cronje’s tease ignites Fantom memecoin frenzy
8.4.2024
Andre Cronje, a founding father and core subsistence hacker in Fantom, suddenly caused an outburst of social mass within the crypto community, projecting that memecoins could have a decent room on the Fantom blockchain. This mention is a forward-looking signal that suggests the emergence of a...
Russian Fintech Startups Join Digital Ruble Pilot
8.4.2024
Russian fintech firms have begun joining the country’s rapidly progressing digital ruble pilot as the Central Bank looks to widen the scope of its CBDC project.
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Bitcoin vs Gold: Peter Brandt Asks Peter Schiff to Put Things in Broader Perspective
8.4.2024
Veteran trader and renowned chartist Peter Brandt has urged gold bug Peter Schiff to “put things in a broader perspective” when comparing gold to bitcoin. Schiff ramped up his criticism of the crypto this week as the price of gold rose and bitcoin dipped slightly. “I expect...
Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside
7.4.2024
Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of...
Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration
7.4.2024
Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has...
Whitepaper V2 release takes BlockDAG to 30,000x ROI, outperforms Fezoo presale & DeeStream with $13.9M presale
7.4.2024
BlockDAG‘s latest Whitepaper V2 release has catapulted the project into the spotlight, distinguishing it as a frontrunner in the crypto sphere with a staggering 30,000x ROI potential. This breakthrough comes as the project’s presale momentum reached new heights, amassing $13.9 million...
Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes
7.4.2024
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest...
Solana Developers Rush to Address Network Congestion; Operativity Remains Impaired
7.4.2024
Anza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant progress in tackling these problems and hopes to release patches next week. Currently, 70% of users’...
Political Campaigns in South Korea Offer Crypto Perks, Target Bitcoin ETF Access
7.4.2024
Political campaigns in South Korea are leveraging the country's prominent crypto market to attract voters ahead of the parliamentary election.
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