Belarus Extends Tax Benefits for Crypto Industry for 2 Years
Aleksandr Lukashenko, the president of Belarus, has signed a decree which extends the tax preferences in the cryptocurrency sector until January 1, 2025.
Mike Novogratz Believes Cryptos and Blockchain Will Help Fight Cyber Threats
Mike Novogratz, CEO of Galaxy Digital, believes that with the help of digital currencies and blockchain technology, we can combat the threats posed by artificial intelligence.
Report: Crypto Funds Receive $160M in Investments in a Week
Last week, institutional investors pumped $160 million into crypto funds, according to CoinShares’ report.
Binance Experiences Massive BTC Withdrawals
Trader activity on Binance has dropped drastically since the US Commodity Futures Trading Commission (CFTC) initiated a lawsuit against the exchange.
Changpeng Zhao Denies Market Manipulation Allegations
Zhao has denied the accusations against him, stating that the platform does not engage in any form of manipulation and does not trade for profit.
Bitcoin Trading Volume on Binance Falls to Lowest Level in 8 Months
On Sunday, the number of transactions on Binance fell to its lowest amount since July 4, 2022.
MicroStrategy Spends $150M to Acquire 6,455 Bitcoins
MicroStrategy, a software provider and analyst, has recently announced that it has purchased an additional 6,455 BTC, at an average price of $23,238.
Crypto Funds Receive $160M Thanks to Problems with Traditional Finance Sector: Report
From March 18 to March 24, the inflow of funds into cryptocurrency investment products reached its highest since July 2022.
Nvidia Doubts About Value of Cryptocurrencies
Michael Kagan, CTO of the American chipmaker Nvidia, has commented that cryptocurrencies do not bring any value to humanity.
G7 Will Cooperate on a Stricter Crypto Regulation
The world’s seven biggest democracies are anticipated to discuss a collective strategy to control cryptocurrencies, as per Kyoto news agency’s report on March 25.
Fujitsu to Offer Crypto Trading Services
The company has revealed plans to provide brokerage services for digital assets.
Number of Profitable Ethereum Addresses Hits Highest Level in 11 Months
The number of profitable addresses on the Ethereum blockchain has reached a high of 63.9 million, according to data from Glassnode.
Binance Staff Accused of Assisting China Users to Bypass KYC Regulations
A recent report has stated that Binance employees and volunteers have been aiding customers in China to bypass the exchange’s Know Your Customer protocols.
Moody’s Believes CBDCs Threat Bank’s Profits
Moody’s believes the introduction of cross-border transaction technology related to CBDCs could be detrimental to banks as the new infrastructure would reduce their role significantly.
