Kazakhstan Greenlights Crypto Regulation and Mining Bills
The lower house of Kazakhstan’s parliament yesterday approved in the first reading five bills regulating the issuance and circulation of cryptocurrencies in the country.
G20: Stablecoins Are Unstable
None of the existing stablecoins meet the standards set for digital assets by the central banks of the largest economies.
USDC’s Capitalization Falls by 12%
The USDC supply topped $56 billion, but it has fallen 12% over the past month.
Binance Will Invest Over $1B in Business Expansion
Cryptocurrency exchange Binance plans to invest more than $1 billion in business expansion by the end of the year .
Bitcoin Mining Difficulty Reaches a New Record
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
Portugal May Soon Pass a Law on Crypto Traders Taxation
Portugal may introduce starting next year a 28% tax on income from transactions with digital currencies.
US Drug Dealer Accused of Using BTC to Launder $5.3M
A Northern District of California jury has charged a local resident with using cryptocurrencies to launder more than $5.3 million in drug proceeds.
