The White House Proposes Introducing a 30% Tax on Crypto Mining
The White House has proposed introducing a 30% tax on crypto mining, with the funds to be used to combat climate change.
Litecoin Creator Charlie Lee: Litecoin’s Price Will Increase by More Than 700%
Charlie Lee, the creator of Litecoin, has recently tweeted that the August 2023 halving could cause the LTC rate to skyrocket to 0.025 BTC against Bitcoin.
The Activity of BUSD Addresses is Weakening: Report
The number of transactions with Binance USD (BUSD) has dropped to its lowest level since mid-2021, as observed by Glassnode.
Gemini Rolls Out a Crypto Derivatives Exchange
Crypto exchange Gemini announced last month the launch of its own platform for crypto derivatives, available to investors outside of US jurisdiction.
a16z Urges UK Government to Take More Nuanced Approach to Crypto Regulation
A16z crypto has urged the UK to take a “more nuanced approach” to the regulation of digital assets as the country considers a new framework for both trading and lending.
Ark Invest Spends $8.4M to Buy Coinbase Shares
US investment management firm Ark Invest added yesterday 129,604 Coinbase shares worth over $8.4 million.
Poloniex Will Pay $7.6M in Settlement with OFAC
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
