Brazil has scrapped its monthly tax exemption for crypto profits, introducing a flat 17.5% capital gains tax on all digital asset transactions. In response, MP Eros Biondini has proposed a bill to remove taxes on long-term Bitcoin holdings and promote self-custody rights.
AnaisTrump Media has received SEC approval to raise $2.3 billion through share deals and convertible notes, with plans to use part of the funds to buy Bitcoin. The company aims to hold Bitcoin in its treasury, launch a Bitcoin ETF, and offer crypto-based services through Truth Social and a new streaming platform.
WeatherlyMetaplanet has reached 10,000 Bitcoin six months ahead of its target, becoming the ninth-largest public holder and surpassing Coinbase. It raised funds through zero-interest bonds and a record $5.4 billion equity programme, with plans to own 1% of all Bitcoin by 2027.
JoyA Chinese man was arrested at Don Mueang Airport while trying to flee to Singapore after being accused of stealing over $6 million in Bitcoin from two investors. Thai police had been tracking him since April and stopped him just before he boarded the flight.
WeatherlyUkraine has introduced a draft law that would allow its central bank to hold cryptocurrencies like Bitcoin in its national reserves. The decision to include crypto assets would be entirely up to the central bank, with no obligation to act immediately.
WeatherlyThe Czech Justice Ministry accepted a €40 million Bitcoin donation from a convicted criminal, sparking a major political scandal. Justice Minister Pavel Blažek resigned, and Eva Decroix was appointed to help restore public trust ahead of upcoming elections.
AnaisParaguay’s president’s X account was hacked, and a fake post falsely claimed the country had made Bitcoin legal tender. The government quickly denied the claim, launched an investigation, and is working with X to restore security.
AnaisUS and El Salvador held a high-level meeting to strengthen cooperation on Bitcoin and digital assets. They discussed ways to work together on Bitcoin innovation and develop clearer crypto regulations.
WeatherlyCalifornia has passed a bill to claim inactive cryptocurrency from exchange accounts after three years with no user activity. The assets will not be sold but held safely until owners reclaim them.
WeatherlyCrypto hardware wallet manufacturer Ledger has unveiled 'Ledger Recovery', a new service allowing users to backup their recovery seed phrases. Despite the initial announcement, the crypto community remains critical, and the formal launch has not been well-received.
JasperThe IronKey hard drive, which Thomas possesses, holds 7,002 BTC, equivalent to approximately $244 million.
DavinBinance aims to use its Social Finance (SocialFi) initiatives as a catalyst for bringing Web3 technology into mainstream acceptance, is very aligned to CyberConnect which aims for long-term sustainability through developer-focused blockchain solutions.
YouQuan$MEME is a token launched by Memeland, a Web3 project built by members of the popular meme website, 9GAG.
AaronBuilding on El Salvador's pioneering move, Mexico stands calm to be the next country to adopt Bitcoin.
Hui XinDespite crypto prices pumping, NFTs are down- but here's why it's not a bad thing.
ClementThe "Decision Approving the 2024 Presidential Annual Programme (Decision Number: 7739)" was published in a supplementary issue of the Turkish Official Gazette.
DavinMultiple U.S. states take legal action against Meta for social media manipulation impacting children's mental health.
Hui XinSuch a liquidation would ignore the volatility of the cryptocurrency markets, possibly putting cryptocurrency owners at financial risk, even if they weren't guilty of any alleged crime.
DavinA recent verdict from a U.S. District Court judge has concluded a lengthy legal battle, with NFT artists Ryder Ripps and Jeremy Cahen ordered to pay Yuga Labs approximately £1.6 million in damages, as well as cover legal fees.
Aaron