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Bitoasis Secures Full VASP License From Dubai’s VARA


Bitoasis, a leading virtual asset platform in the Middle East and North Africa (MENA) region, has received a full virtual asset service providers (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). Securing the full VASP License marks the final step in VARA’s licensing...

Community Notes Challenges Coinbase’s Response to Account Complaints


Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes clarification pointed out that Coinbase is “indeed restricting accounts.” Locked...

XRP Technical Analysis: Could $2.91 Be the Launchpad for a Rally to $3.50?


XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors. XRP On...

Bitcoin Permabull Max Keiser Hints at Muslim World Petrobitcoin Announcement


Max Keiser, an international journalist and cryptocurrency advisor to the Bukele administration in El Salvador, has hinted at an upcoming announcement for the Muslim world regarding bitcoin. On social media, Keiser, now in Abu Dhabi, recalled the first time he declared that bitcoin complied with...

Iranian Crypto Holdings Equal a Third of National Gold Market


Iranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $143 million (100 trillion rials). The Central Bank of Iran (CBI)...

Iran Embraces Crypto Regulation to Counter Economic Sanctions


Iran is shifting its stance on digital currencies, focusing on regulation rather than imposing restrictions, according to Minister Abdolnaser Hemmati. Speaking at a Tehran event, Hemmati highlighted the government’s plan to mitigate the economic risks of digital currencies while leveraging...

A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies


Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted...

Latam Insights: Bolivian Crypto Market Overheats, Chile Belittles Bitcoin


Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, the Bolivian cryptocurrency market keeps growing after the repeal of a blanket ban, the Central Bank of Chile rejects bitcoin, and Bolivian attorneys propose...

Argentina Opens Foreign Crypto ETF Investment Opportunities


Argentina is opening its stock market to crypto exchange-traded fund (ETF) opportunities. The Argentine SEC equivalent greenlighted the introduction of prospects to allow investments in crypto—bitcoin and ethereum—foreign ETFs under the figure of Argentine deposit certificates....

US vs. China: Trump’s Aide Predicts New Bitcoin Space Race


The rise of bitcoin as an international reserve asset might ignite a new space race. David Bailey, a cryptocurrency policy aide of President-Elect Trump’s campaign, stated that this new paradigm will pit the U.S., China, and a few other countries in a battle for supremacy. Trump’s...

US Treasury Acknowledges Bitcoin as ‘Digital Gold’ in Fiscal Report


The U.S. Treasury’s Fiscal Year 2024 Q4 Report describes how “digital assets have witnessed rapid growth albeit from a small base,” highlighting bitcoin’s “primary” function as a “store-of-value.” Treasury’s Bitcoin Remarks Ignite...

Ryan Selkis Contemplates SEC Blacklist


The idea to blacklist former SEC regulators who have been openly hostile to the crypto industry was recently brought up by Coinbase CEO Brian Armstrong. Coinbase’s Call to Arms To Blacklist SEC ‘Bad Actors’ Heeded by Winklevoss and Selkis Cryptocurrency exchanges Coinbase and Gemini said they will...

Bitcoin ETFs Now Hold More BTC Than Satoshi, Experts Say


The funds have purchased 1,104,534 BTC since January, surpassing the 1,100,000 in Satoshi’s public addresses. U.S. Spot ETFs Surpass Satoshi in Bitcoin Held The spot bitcoin ETFs approved by the SEC earlier this year now collectively hold more bitcoin (BTC) than anyone else in the world...

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