#investment

US District Judge Analisa Torres in New York had previously indicated that XRP sales to sophisticated investors fulfilled the criteria for an investment contract under federal securities law However, this characterization didn’t extend to programmatic investors, which pertains to the general public buying crypto through exchanges.

The Professor, having made an ill-advised Bitcoin investment, is saddled with a huge debt. To resolve this financial mess, he's drawn to the explosive trend of Bitcoin mining. The storyline takes the crew to Doge City in search of the valuable mineral thallium, a crucial element for today's mining chips. Even the legendary animated series couldn't resist the allure of Bitcoin!

The founder and CEO of ENF, Yves La Rose, officially announced this on Twitter. He claims that the company allegedly failed to fulfill its investment commitments totaling $1 billion. According to Yves La Rose, this has caused significant financial and marketing issues for the EOS community, and he holds Block.one responsible as the original creator of the project.

The study also revealed that 1 in 3 New York residents views cryptocurrencies as a potential contributor to a more equitable financial system and a valuable investment for the future. The report highlighted the growing adoption of cryptocurrencies within New York, making the state a hub for diverse blockchain initiatives. It pointed out the existence of 692 blockchain organizations and over 800 founders located in the state of New York.

Representing Massachusetts in the U.S. Senate, she's forcefully advocating for immediate steps to plug the gaps in cryptocurrency tax provisions, gaps that are believed to be worth roughly $50 billion. Warren's argument rests on the Infrastructure Investment Act, which is set to take effect on January 1, 2024. Still, disappointingly, no preliminary guidance has been put forth by the Department of Treasury on this concern.

Securitize, a digital asset trading platform, has started tokenizing equity in Spanish real estate investment trust, Mancipi Partners. The tokens will trade on the Avalanche blockchain from September. This marks the first tokenized equity issuance under the European Union’s pilot scheme for distributed ledger technology, supervised by the European Securities Market Authority. Securitize will also undergo a six-month supervision period by Spain’s National Securities Market Commission (CNMV). Securitize's CEO, Carlos Domingo, believes the move will significantly benefit European businesses, providing new avenues for capital raises and potential tax benefits.

US presidential candidate Robert F. Kennedy Jr. disclosed that he invested in Bitcoin earlier this year, buying two BTC for each of his seven children. This move came after facing criticism for promoting the cryptocurrency without having any personal stake in it. Kennedy clarified that he made the investment right after attending a Bitcoin conference where he announced his decision to accept campaign donations in Bitcoin. “Right after that Bitcoin conference, I got a big check, and I said, okay, you know, I’m going to put my money where my mouth is.” During the conference, he denied having any personal investment in the cryptocurrency. However, he later decided to invest in Bitcoin to demonstrate his commitment to the technology and its potential.