The Arizona House of Representatives passed Bill HB2324 on Tuesday, advancing legislation aimed at creating a state-managed reserve of Bitcoin and other digital assets obtained through criminal forfeiture. The bill, which was revived earlier this month, cleared the state Senate last Friday and now heads to Governor Katie Hobbs for approval. HB2324 proposes expanding Arizona’s […]
Thailand Approves Crypto Tax Exemption to Boost Innovation and Investment
Thailand’s cabinet has approved new tax measures that exempt personal income tax on capital gains from the sale of digital assets conducted through platforms regulated by the Securities and Exchange Commission (SEC). The exemption will be in effect from January 1, 2025, through December 31, 2030. Announced by Deputy Finance Minister Chulaphan Amornvivat on X, […]
Cardano Unveils Leios: A Groundbreaking Upgrade That Could Outpace Solana and Ethereum
Cardano has introduced Leios, a transformative protocol upgrade that marks the culmination of eight years of research and aims to dramatically enhance network speed and stability. This next-generation architecture features a sophisticated multi-tier block structure—comprising input, sorting, and backup blocks—that could position Cardano as a leader in blockchain performance. Initial simulations suggest Leios may be […]
Trump Considers Imposing Tariffs to Finance Bitcoin Reserves Without Affecting Taxpayers
Donald Trump’s administration is considering implementing tariffs or other alternative mechanisms to finance the purchase of Bitcoin without using public funds, according to Bo Hines, the former president’s chief crypto advisor. In a recent interview with Anthony Pompliano, an entrepreneur and influencer in the crypto ecosystem, Hines explained that Trump’s team is studying “creative and […]
New York Considers Allowing Tax Payments in Bitcoin
New York could take an important step towards the adoption of cryptocurrencies in public services. A new legislative proposal seeks to authorize the use of digital assets such as Bitcoin, Ethereum and Litecoin for the payment of taxes and other government services. Although the state has not yet considered a law to support Bitcoin as […]
Bitcoin Reaches Low of $88,000 as Investors Shun Risk
Bitcoin (BTC) is falling sharply to reach lows of the beginning of November, leaving behind the bull run that boosted Donald Trump’s victory as a series of factors are causing risk-averse sentiment among investors. The largest and longest-standing cryptocurrency declined just over 8% in a 24-hour period on Tuesday morning (EDT) to trade at a […]
Elon Musk Resurrects His Pseudonym ‘Harry Bōlz’ and Ignites a Memecoin Market Frenzy
Elon Musk, CEO of Tesla and SpaceX, has once again disrupted the cryptocurrency world with a simple alteration of his username on X (formerly Twitter). A memecoin known as HARRYBOLZ, named after the alias “Harry Bōlz,” skyrocketed by an astonishing 30,000%. The development has sparked a wave of speculation: is this a calculated move by […]
US Aims to Regulate Stablecoins, Trump’s Crypto Czar Says
According to David Sacks, the crypto czar appointed by Donald Trump himself, the Trump administration intends to regulate and enable stablecoin innovation in America. Speaking on CNBC’s Closing Bell Over Time on Feb. 4, Sacks revealed that stablecoins are one of the main focuses for the administration, alongside goals for advancing Bitcoin adoption and blockchain […]