On Tuesday, Robinhood’s crypto unit said it has given European customers the ability to deposit and withdraw over 20 digital assets as the popular trading app attempts to build upon its expansion efforts across the region. The update, which supports cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC), follows heightened demand from its European customer base,…
Month: October 2024
Base Architect Jesse Pollak ‘Stepping Up’ to Lead Coinbase Wallet, Join Exchange’s Exec Team
Jesse Pollak, the creator behind Coinbase’s Ethereum Layer 2 blockchain Base, announced on Monday that he will be “stepping up” to lead Coinbase Wallet. In addition to his current role, he said he will be joining the executive team at the publicly listed crypto exchange. It’s unclear exactly what title he will be given under his new role as an…
Japan to Review Crypto Regulations, Potentially Easing Tax Burden
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying crypto as financial instruments under Japan’s investment law, which could enhance safeguards and bring […] Source: https://news.bitcoin.com/japan-to-review-crypto-regulations-potentially-easing-tax-burden/
Bitcoin curious Michael Dell sells $1.2B worth of Dell stock
Michael Dell, the seemingly Bitcoin-curious founder of his namesake tech firm, sold 10 million shares worth of his company for the second time in September. Source: https://cointelegraph.com/news/bitcoin-curious-michael-dell-10-million-dell-shares-sale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Decentralized physical infrastructure network (DePIN), explained
Discover how DePINs work: DePINs allow the sharing of physical resources like data storage and connectivity without intermediaries. Source: https://cointelegraph.com/explained/decentralized-physical-infrastructure-network-depin-explained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Synthetix activist investor ‘overhaul’ gathers 99% approval from SNX holders
A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members. Source: https://cointelegraph.com/news/synthetix-activist-investor-overhaul-almost-unanimous-approval?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latam Insights Encore: Latin America’s Proactive Leadership Could Change the UN’s Agenda
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the actions of proactive leaders in Latam, such as Argentina’s Javier Milei and El Salvador’s Nayib Bukele, and their potential to ignite change against the current globalist international agenda. Latam’s […] Source: https://news.bitcoin.com/latam-insights-encore-latin-americas-proactive-leadership-could-change-the-uns-agenda/
China’s Former Vice Minister of Finance Calls for Research on Crypto as US Policy Pivots
Zhu Guangyao, China’s former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.” […] Source: https://news.bitcoin.com/chinas-former-vice-minister-of-finance-calls-for-research-on-crypto-as-us-policy-pivots/
Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business. Source: https://cointelegraph.com/news/bitcoin-miner-challenges-arkansas-noise-laws-claims-targeted-attack-on-industry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ohio Senator Introduces Bill to Allow Bitcoin, Crypto Payments for State Taxes
On Monday, Ohio State Senator Niraj Antani proposed legislation to establish Ohio as one of the few states to accept crypto payments for state and local taxes. The proposed legislation requires all political subdivisions in Ohio to accept Bitcoin and other cryptocurrencies for payments, with the specific digital assets yet to be determined. “Cryptocurrency is not just the future, but…