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154 articles found
Latest
U.S. Court Approves Silk Road Bitcoin Auction
A federal court in California has authorized the U.S. government to sell off a record-breaking haul of seized cryptocurrency linked to Silk Road. The total revenue from the sale could reach $6.5 billion.
RWA Market Insights: Key Trends for 2025
By the end of 2024, the tokenized real-world asset (RWA) market showcased remarkable growth. Evolving from private lending to tokenized government bonds and commodities like gold, the RWA sector is now poised to redefine TradeFi and create new investment opportunities.
Open Letter Urges Dutch Government to Establish Bitcoin Reserve
Bram Kanstein, a Bitcoiner and founder of the Bitcoin financial services provider Onramp, has urged the Dutch government to establish a national Bitcoin reserve.
Hong Kong Considers Removing Taxes on Cryptocurrency
The Hong Kong government is preparing to exempt private investment firms, hedge funds, and family offices from taxes on income earned through cryptocurrency transactions.
How BTC Can Strengthen the U.S. Economy: MARA Holdings’ Vision
Bitcoin mining company MARA Holdings is urging U.S. policymakers to take bold steps to secure the nation’s dominance in cryptocurrency mining. The company has outlined a comprehensive government strategy for blockchain and cryptocurrency technology to achieve this goal.
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UK to Challenge US Crypto Dominance
This month, the UK government will present targeted regulatory proposals to create a favorable environment for crypto startups in the United Kingdom.
Crypto Tax Cut Incoming? Italy Rethinks 42% Hike to Just 28%
The Italian government, led by Giorgia Meloni, is likely to reconsider its proposed cryptocurrency tax hike in next year’s budget, potentially reducing it from 42% to 28%. Currently, the tax rate stands at 26%.
Bhutan Offloads $66M in Bitcoin
According to analytics platform Arkham, the Bhutanese government transferred $66 million in Bitcoin to Binance today as BTC prices topped $70,000. This transaction leaves the small Asian country with approximately 12,456 BTC ($889 million).
Switzerland Unveils Statue of Satoshi Nakamoto
On October 25, a statue honoring Bitcoin's founder, Satoshi Nakamoto, was inaugurated in Lugano, Switzerland. The statue, crafted by Valentina Picozzi, was commissioned as part of Plan ₿—an initiative founded in partnership between Tether and the Lugano city government to foster BTC and blockchain adoption.
Elon Musk’s DOGE Pump Resurfaces
Speaking at a town hall in Pennsylvania, Elon Musk once more brought up the Department of Government Efficiency (DOGE), causing the meme coin to pump by over 10%.
South Korea Bets on Digitalization and Blockchain
The South Korean government is advancing educational and tourism projects with modern technology. One of its latest innovations is the Digital Tourism Resident Card, an NFT-based initiative set to launch on Jeju Island.
No Bitcoin Reserves for Japan: Here’s What the PM Said
Amid global conversations about national Bitcoin reserves, the Japanese government has issued an official response to House of Councillors member Satoshi Hamada’s proposal.
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Coinbase Predicts Rapid Crypto Market Reforms
Faryar Shirzad, chief policy officer at Coinbase, expressed optimism that the newly elected U.S. government will prioritize cryptocurrency laws immediately after Donald Trump’s inauguration in January 2025.
Trump Considering Paul Atkins as the Next SEC Chair
The Trump administration recently interviewed Paul Atkins, an expert in financial regulation and a potential candidate for the SEC chair, according to Bloomberg, citing anonymous government sources.
Trump to Appoint a Crypto-Focused Government Official
President-elect Donald Trump’s team is actively working on creating a new White House position dedicated to overseeing the cryptocurrency market.
Elon Musk Will Lead DOGE, a New Government Department
President-elect Donald Trump released a statement announcing that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE) to “make changes to the federal bureaucracy”.
Chinese Official Becomes a Spy Due to Cryptocurrency Debts
A Chinese government official with significant cryptocurrency investments was recruited by foreign spies and sold state secrets to cover his crypto-related losses. Wang Moumou received over 1 million yuan for his activities but was ultimately sentenced to life imprisonment for espionage.
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Hong Kong Opens the Gates for Crypto Investors
The Hong Kong government has announced expanded tax breaks for cryptocurrency investments and a simplified licensing process for crypto platforms.
$20M Drained from U.S. Government Crypto Wallet, Analysis Shows
Based on on-chain data from Arkham Intelligence, around $20 million was stolen from U.S. government crypto wallets. On October 24, the platform published an analysis on their X account.
U.S. Weighs Restricting AI Chip Exports to Some Countries
The U.S. government is considering imposing limits or even a full ban on the sale of Nvidia, AMD, and other U.S.-produced AI chips to certain regions, particularly the Gulf states (United Arab Emirates, Saudi Arabia, Qatar, among others).
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