According to Odaily, Ukraine is on track to legalize cryptocurrency by the first quarter of 2025, although it is unlikely to offer tax exemptions for crypto transactions. Danylo Hetmantsev, the head of Ukraine's Parliamentary Committee on Finance, Tax, and Customs Policy, stated that a parliamentary working group is finalizing the first reading of a draft law on cryptocurrency. He expressed confidence that the text, developed in collaboration with the National Bank and the International Monetary Fund (IMF), will be ready shortly after the New Year. The aim is to pass this legislation and legalize cryptocurrency by early 2025. Hetmantsev further clarified that cryptocurrencies will not be exempt from taxes. The taxation model will mirror that of securities, with profits being taxed when assets are converted into currency. After consultations with European experts and the IMF, Ukraine has adopted a cautious approach towards tax exemptions for cryptocurrency use, as such exemptions could potentially exacerbate tax evasion in traditional markets. This careful stance reflects a broader concern about maintaining fiscal integrity while integrating digital currencies into the national economy.

Ukraine intends to legalize cryptocurrencies in the first quarter of 2025, but tax exemptions are unlikely. Danylo Hetmantsev, chairman of the Ukrainian Parliament's Finance, Tax and Customs Policy Committee, said: "Speaking of cryptocurrencies, the parliament's working group is completing the first reading of a draft law. I believe that the text, developed in cooperation with the National Bank and the International Monetary Fund (IMF), will be ready after the New Year. Our goal is to pass this law and legalize cryptocurrencies in the first quarter of 2025." Hetmantsev also stated that "cryptocurrencies will not be tax-free, and the form of taxation will imitate securities, taxing profits when assets are converted into currency. After consultation with European experts and the IMF, we have taken a very cautious approach to using cryptocurrencies for tax exemptions, as this could exacerbate tax evasion in traditional markets." (Ukrainian Pravda)

After the release of Gemini 2.0, Google began testing game AI assistants based on this model. These assistants can understand the rules of the game through the screen, provide suggestions in real time, and call Google Search to obtain game resources. Currently, this technology is being tested in Supercell's "Clash of Clans" and "Cartoon Hay Day" to evaluate the ability of AI assistants to interpret game rules and challenges. (The Verge)

As of December 5, Bitcoin miners have collectively earned $71.49 billion for their essential contributions to the blockchain ecosystem. Block rewards account for the majority of this revenue at $67.31 billion, reflecting miners' reliance on the issuance of new Bitcoin for compensation. Meanwhile, transaction fees, which totaled $4.18 billion, highlight miners' role in facilitating network activity.

Former CFTC commissioner Brian Quintenz, now a16z’s policy head, is reportedly Trump’s pick for CFTC chair, signaling a pro-crypto regulatory shift. source: https://cointelegraph.com/news/brian-quintenz-cftc-chair-pro-crypto-trump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BlackRock officially updated the Ethereum ETF holdings data. As of December 11, the iShares Ethereum Trust ETF's Ethereum holdings reached 929,056.1186 ETH, and the market value of its holdings exceeded US$3.5 billion, equivalent to approximately US$3,553,946,242.34.

As an emerging technology trend, decentralized AI has a challenging road ahead, but it has great potential for development. With the continuous advancement of technology and the gradual maturity of the market, decentralized AI is expected to play a greater role in the future.

بعد عدة أيام من تراجع سعر البيتكوين، شهد سعر البيتكوين ارتفاع وارتداد حيث تجاوز سعر العملة حاجز 100 ألف دولار لأول مرة منذ الجمعة الماضية، ليصل إلى 102 ألف دولار ويعاود التراجع لمستواه الحالي 100 ألف دولار في وقت النشر. هذا الأداء القوي رافقه انتعاش ملحوظ في سوق العملات البديلة، مع تحقيق العديد من العملات … The post سعر البيتكوين يستعيد مستوى 100 ألف دولار والقيمة الاجمالية لسوق الكريبتو تقترب... source: https://arab-btc.net/crypto-markets-add-200b-in-last-24-hours/

BlackRock's official updated data shows that as of December 11, its Bitcoin exchange-traded fund IBIT held 530,831.8302 BTC, with a market value of approximately US$53,865,384,952.96.

Kamino, the Solana ecosystem liquidity management protocol, announced on the X platform that GOAT has been launched on the Kamino lending and liquidity market.

Binance achieved unparalleled growth in 2024, attracting $21.6 billion in user deposits, according to DefiLlama. This figure represents nearly 40% more inflows than the next 10 ranked crypto exchanges combined. Regulatory advancements, the approval of Bitcoin ETFs, and record-breaking trading volumes have cemented Binance's position as the industry leader.Richard Teng, CEO of Binance, expressed gratitude to the exchange's expanding user base of nearly 250 million, saying, “2024 has been a landmark year for the crypto industry, and we are incredibly grateful to our users who continue to trust Binance as their preferred platform.”Institutional Investors Drive Deposits HigherThe surge in average Bitcoin deposits—from 0.36 BTC in 2023 to 1.65 BTC in 2024—underscores growing institutional involvement in the crypto sector. Similarly, USDT deposits saw an exponential increase, reflecting interest from corporate investors. Reports from CryptoQuant credit Binance as the leading platform in this institutional wave, showcasing the platform’s appeal to professional traders.Bitcoin ETFs and Market GrowthThe introduction of Bitcoin ETFs in key markets like the U.S., Brazil, and Australia has further propelled institutional inflows. These ETFs have surpassed gold ETFs in net inflows, driving a broader rally in Bitcoin prices and reinforcing crypto’s integration into mainstream finance.

In order to fully grasp the development context and future trends of the Meme track, LBank Labs jointly released this research report with MetaEra and Bee Network.

This year is the year of the explosion of stablecoins. Looking to the future, with the clarification of supervision and continuous innovation of technology, the role of stablecoins will become more and more important, both in on-chain and off-chain finance.

Microsoft shareholders overwhelmingly rejected a proposal to add Bitcoin to the company's balance sheet, with only 0.55% in support. The board expressed concerns about Bitcoin's volatility, despite acknowledging its potential as an inflation hedge.

In 2024, the crypto industry saw key trends such as the rise of memecoins, the development of prediction markets, innovation in liquid staking tokens, the threat of quantum computing, the rise of DePINs, and the popularity of AI trading tools.

Roger Ver, widely recognized as “Bitcoin Jesus,” remains firm in his assertion that allegations brought against him by the United States Department of Justice (DOJ) are baseless.

This article will provide a detailed introduction to the working principle of the iCKB protocol and its significance in the market.

BTC, thinking of the 700,000 I lost: the consensus and reflection behind Bitcoin. Golden Finance, will Bitcoin become a global trading currency?

BTC, the mystery of consensus: Understand the progress of Bitcoin upgrade community in one article. Golden Finance, we must discuss upgrades on the premise of adhering to the core value positioning of Bitcoin.

SBF, 720th day in prison SBF misses his little bear pillow Golden Finance, "Who writes a diary when they are serious?"