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The House approves a $1 trillion infrastructure measure containing a crypto tax
The Biden administration first presented the infrastructure package with the primary goal of enhancing the nation's transportation network and internet access.
The US House of…
Former Comptroller Brian Brooks accepts a new position as CEO of Bitfury
Brian Brooks, the former CEO of Bitfury in the United States, has been named the company's new CEO and will manage the company's aggressive development ambitions.
Previously employed by…
Paytm To Consider Bitcoin Offerings If Legalized
Paytm, India's biggest mobile payment network has indicated that it may investigate Bitcoin offers if the country offered legislative clarity on Bitcoin and other cryptocurrencies.
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The FSC of Korea affirms that NFTs would remain unregulated
Recent FATF advice updates made it simple for regulators to avoid enacting new laws governing NFTs. The South Korean Financial Services Commission (FSC) stated today in a public statement…
The SEC will not lead regulation of stablecoins, and Congress is asked to act
Although the SEC was denied monopoly authority for stablecoins, the potential of being deemed "systemically essential" remains.
The US President's Working Group on Financial Markets…
Binance is Investigating Scammers Following the Squid Game (SQUID) Rugpull
After defrauding investors of $3 million, the Squid Game fraudsters vanished. Binance now seeks to apprehend them and bring them to justice.
The Squid rug pull's masterminds are…
Thailand’s Oldest Bank Acquires 51% Stake in Bitkub
Siam Commercial Bank, Thailand's oldest and first commercial bank, has acquired a controlling share in Thai cryptocurrency exchange Bitkub. It is one of the country's few regulated…
Miami’s Mayor to Become the First US Official to Accept Bitcoin as Payment
Francis Suarez, a BTC bull, reaffirmed his crypto support by revealing he would get his next paycheck in bitcoin. Francis Suarez has pledged to pay himself 100% in bitcoin for his next…
Commonwealth Bank will permit crypto trading for 6.5 million Australians
The CBA said that its banking app would handle ten crypto assets, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The Commonwealth Bank of Australia (CBA) is planning to provide…
El Salvador will fund the construction of 20 ‘Bitcoin Schools’ using funds from the…
The government will utilize "surplus" funds from its Bitcoin Trust account, which presently has 1,120 BTC. El Salvador's government is about to begin on its next Bitcoin-related initiative,…
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