States’ backlash against Binance.US continues with 6th license pulled
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges. Source link
Proposed US bill wouldn’t allow taxing block rewards at acquisition
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired. Source link
Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?
One former CEO went to trial and maintained his innocence, while one admitted fault and turned himself in. Source link
Meme coins: Betrayal of crypto’s ideals… or its true purpose?
Meme coin fans think “serious” crypto investors are mid-curving it. Serious crypto investors think meme coin fans are idiots. Source link
Extradition papers ready for Binance’s Anjarwalla, says Interpol Nigeria
The Interpol official did not confirm if the Binance executive is currently being held in Kenya but did say that he was last seen in the country. Source link
Crypto veterans call out DOJ for targeting Roger Ver a decade after he left US
Many members of the crypto community criticized the U.S. government for its indictment against Ver, with some calling it part of the broader anti-crypto stance of the Biden administration. Source link
Signs of the next crypto bull run?
As 2023 drew to a close and with the start of 2024, the crypto market is once again experiencing a resurgence, one that is reminiscent of the bull run witnessed back in December 2020. The ongoing revival has brought with it a renewed sense of optimism and potential, with investors hoping for a major turnaround.…
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Could funds potentially buy up all BTC in circulation?
The long-awaited potential approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States could mean the market sees Bitcoin supply suddenly drop as funds snap up as much as they can, some market observers have predicted. With prominent firms like Ernst & Young expecting U.S. Securities and Exchange Commission (SEC) approval to…
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Bank of Spain selects partners for CBDC testing
Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests. On Jan. 3, the central bank published a resolution announcing its partnership with Cecabank, Abanca, and Adhara Blockchain. The pilot of the wholesale CBDC will take place…
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Cathie Wood’s ARK dumps 800K Grayscale Bitcoin Trust shares
ARK Invest, one of the applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, has continued to dump its holdings of Grayscale Bitcoin Trust (GBTC) stock with the sale of yet another significant batch of shares. On Dec. 18, ARK sold 809,441 GBTC from its ARK Next Generation Internet ETF (ARKW),…
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