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US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success
26.6.2024
U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote innovation, and maintain America’s...
Turkish Parliament Committee to Review Crypto Bill This Week
28.5.2024
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF...
House Democrats won’t be forced to vote against two pro-crypto bills
21.5.2024
A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them
Turkey Drafts Crypto Bills To Align With International Standards
17.5.2024
The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms.
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Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources
15.5.2024
After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said
South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds
14.5.2024
South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills.
The post South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds appeared first on Cryptonews
Reports of ‘bleached’ counterfeit bills crop up across North America
13.5.2024
Dodgy dollars are appearing everywhere from Texas to Hawaii to Canada as fiat counterfeiting is seemingly making a comeback
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
3.5.2024
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether...
Arkansas bills reining in crypto miners heads for governor approval
2.5.2024
Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law which will regulate miners’ noise, water use and licensing
US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards
2.5.2024
The bill aims to clarify the tax treatment of staking rewards, proposing that they should only be taxed at the time of their sale rather than upon acquisition.
The post US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards appeared first on Cryptonews
Woo X Exchange Makes History with World’s First Tokenized T-Bills for Retail Investors
23.4.2024
Developed in collaboration with institutional tokenization firm OpenTrade, Woo X's RWA Earn Vaults offer users the opportunity to earn yields by holding Circle's USD Coin (USDC), backed by U.S. Treasury Bills.
The post Woo X Exchange Makes History with World’s First Tokenized T-Bills...
Woo X Introduces Tokenized US Treasury Bills for Retail Investors
22.4.2024
Woo X has launched a new product offering retail customers exposure to tokenized U.S. Treasury bills, the first of its kind for a cryptocurrency exchange. The product, called RWA Earn Vaults, was developed with London-based Opentrade and provides an interest-bearing account backed by U.S....
Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
22.4.2024
The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade
Arkansas State House Passes Bills for Potential Crypto Mining Restrictions
18.4.2024
The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state, while six other proposals failed to garner enough votes for advancement.
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U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
17.4.2024
U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in...
London Mayoral Candidate Brian Rose Plans To Give Constituents £100 Worth Of New Crypto Token If Elected
11.4.2024
Brian Rose, a candidate for mayor of London, revealed he would give city residents £100 worth of a new crypto token if elected as part of his plans to make the capital a “crypto-friendly city,” a statement posted by the mayoral hopeful posted to X reveals. If elected, Londoners would have...
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
11.4.2024
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could...
IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals
6.4.2024
The International Monetary Fund (IMF) has urged Ukraine to finalize its crypto legislation, the country’s Deputy Minister of Digital Transformation for IT industry development has revealed. “In the face of war, we have to exploit the full range of opportunities and develop new sectors...
Fetch.ai’s $100M Investment Sets Stage for GPU Rewards Program for Tokenholders
6.3.2024
On-chain AI project Fetch.ai has announced the launch of Fetch Compute following a $100 million investment in the project’s infrastructure. Fetch Compute is a suite of tools and training capabilities for developers and users working with AI. It bills itself as a project “designed...
Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund
28.2.2024
Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions