US President Donald Trump defended his pardon of Binance co-founder Changpeng “CZ” Zhao, claiming he doesn’t personally know the crypto executive and dismissing criticism that the move was politically motivated. Trump claimed that he doesn’t know CZ in an interview with CBS News’ 60 Minutes on Sunday, reiterating his previous claims after pardoning him in…
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Lawmakers in France have voted to advance an amendment to the country’s tax laws that would impose levies on “unproductive wealth,” including some types of property and crypto holdings. Centrist MP Jean-Paul Matteï filed the amendment on Oct. 22, with members of the National Assembly, the country’s lower house, passing the amendment with a vote…
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Lawmakers in France’s National Assembly have passed an amendment that would consider larger crypto holdings “unproductive wealth” and subject them to taxation. Source link
The Hong Kong Monetary Authority is seeking to grow the tokenization ecosystem as part of its four-pronged growth strategy for its fintech sector over the next five years. In a statement on Wednesday during Hong Kong Fintech Week, HKMA said its Fintech 2030 strategy will focus “on four strategic pillars” referred to as “DART,” covering…
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The Hong Kong Monetary Authority has outlined its real-world asset tokenization plans, including tokenized bonds and stablecoin integration for blockchain settlements. Source link
Denmark, which holds the European Council presidency, has reportedly withdrawn the proposal that would have forced platforms like Telegram, WhatsApp and Signal to allow authorities to screen messages before they’re encrypted and sent. The proposed legislation, known as Chat Control, was first introduced in May 2022 as a method to combat the spread of illicit…
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Privacy-concerned citizens are celebrating as Denmark withdraws its proposal for the mandatory scanning of messages on platforms like Telegram, Signal and WhatsApp. Source link
A lawyer for US Senator Elizabeth Warren has hit back at allegations that she defamed Binance founder Changpeng Zhao in a social media post following US President Donald Trump’s pardon of him. The New York Post reported on Tuesday that Zhao’s lawyer, Teresa Goody Guillén, threatened to sue Warren for “defamatory statements that impugn his…
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Changpeng Zhao’s lawyer, Teresa Goody Guillén, reportedly threatened to sue Warren for “defamatory statements” on X after CZ secured a pardon from Trump. Source link
The European Commission is exploring plans to bring stock and cryptocurrency exchanges under central supervision as part of a broader effort to make the bloc’s capital markets more competitive with those in the US. The incoming proposal would expand the European Securities and Markets Authority’s (ESMA) jurisdiction to include stock and crypto exchanges, as well…
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