Author: Cointelegraph By Stephen Katte

Bitcoin Investing Made Simple!

Japan’s finance regulator calls for lower crypto taxes in 2025 

Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code which could see the tax rate for crypto assets lowered in 2025.  Source link

Ripple lawyer slams SEC use of 'crypto asset security' 

Ripple’s chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.  Source link

Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high 

Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.  Source link

BlackRock's Bitcoin ETF registers second-ever outflow of $13.5M

BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000. Source link

Dell results show no signs of Bitcoin despite CEO’s bullish comments

Many had expected to see Dell add itself within a list of companies with Bitcoin on their balance sheet as it filed its Q2 earnings report.  Source link

Aussies lost $122 million to crypto scams in the last 12 months: AFP

The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.  Source link

SEC charges siblings over $60M Ponzi touting a crypto trading bot

The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.  Source link

Australian regulator claims win over Kraken’s Bit Trade in federal court 

A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.  Source link

Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’

USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.  Source link

China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’

Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.  Source link