A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims

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On Sept. 6, El Salvador grew to change into the first nation to undertake BTC as approved tender, attracting every reward and criticism...

US Senators Propose Tracking Foreign Crypto Mining — CoinDesk

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These teams would even be charged with estimating how a lot crypto was mined total between 2016 and 2022, and establish which cryptocurrencies...

This Overlooked Crypto Tax Provision Would Be a Disaster

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This episode is sponsored by NYDIG.Obtain this episodeOn this version of “The Breakdown’s Weekly Recap,” NLW appears at:Hidden crypto tax provision 6050IChilling language...

Société Générale Shopping for a Crypto Custodian: Sources

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French banking main Société Générale is trying to purchase a cryptocurrency custodian or at the least take a strategic stake in a single,...

Is Crypto at a Socio-Regulatory Inflection Point?

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This episode is sponsored by NYDIG.Receive this episodeThis week’s “Prolonged Reads Sunday” returns to the format’s roots with 4 threads from Twitter:Chris Dixon...

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

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Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600. Provide hyperlink

SEC takes action against two meme stock wash traders

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The SEC asserts that the defendants unlawfully gleaned greater than $700,000 via a wash-trading scheme that focused exchanges providing market maker rebates. Supply hyperlink...

Bitcoin Futures ETFs May Boost Cash and Carry Yields

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Assuming Wall Avenue embraces these ETFs, the futures premium, or the unfold between futures costs and spot costs, would rise considerably, boosting yields...

Thailand’s tourism authority is considering creating its own utility token

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The proposed TAT Coin will allow tourism operators to money in on the recognition of cryptocurrencies. Supply hyperlink

Ripple Launches $250M NFT Fund

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Ripple is launching a $250 million fund centered on exploring new use instances on non-fungible tokens (NFTs) on the XRP Ledger (XRPL).The fund,...
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