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Netherlands proposes implementing EU crypto tax monitoring laws
Crypto service providers, like exchanges, could soon be required to collect and share user data with the Netherlands tax authority under crypto tax monitoring laws proposed by the Dutch Government, aligning with rules adopted by the European Union last year. In an Oct. 24 press release, the Netherlands Ministry of Finance said the bill would […]Cryptopolitan
Oct 25, 2024
BlackRock’s IBIT now holds over 2% of the BTC circulating supply
The crypto linked exchange-traded funds (ETFs) bonanza continues as the freshly launched Bitcoin (BTC) investment funds printed greed index for another day. Amid the continuous inflow seen over the past few weeks, BlackRock IBIT turns out to be stealing the show here. Bitcoin price has seen a marginal decline over the last 7 days as […]Cryptopolitan
Oct 25, 2024
Wall Street embraces tokenized money-market funds amid stablecoin competition
Wall Street is witnessing a growing interest in tokenized money-market funds as traders increasingly seek alternatives to traditional stablecoins. These digital assets, which are investments in short-term debt securities, are seen as potential solutions in the current situation with the crypto market volatility. Thus attracting the interest of both financial institutions and traders. Tokenized money-market […]Cryptopolitan
Oct 25, 2024
Pennsylvania passes a crypto bipartisan bill dubbed the Bitcoin Rights Bill
The Pennsylvania House of Representatives passed a crypto bipartisan bill on October 23, becoming the latest state to pass a crypto regulations bill. According to an announcement by Fox Business, the bill, dubbed the Bitcoin Rights Bill, will provide more legal clarity around digital assets in the state.Cryptopolitan
Oct 25, 2024
US Election fever, are crypto traders bracing for a wild ride?
With the US November elections coming in, crypto is making headlines like never before. This year’s campaign marks the first time digital assets are a prominent policy issue. Back in 2020, BlackRock’s Larry Fink called Bitcoin an “index for money laundering,” and now he’s among its advocates, promoting Bitcoin’s benefits and Ethereum’s potential to investors. […]Cryptopolitan
Oct 25, 2024
US Government wallet reportedly targeted in $20 million crypto exploit
An estimated $20 million in cryptocurrency has been stolen from wallets belonging to the U.S. government, according to blockchain analytics firm Arkham Intelligence. On-chain movements started on Thursday when funds that had not been moved for more than eight months were withdrawn from the decentralized lending platform Aave. Arkham Intelligence identified the stolen funds to […]Cryptopolitan
Oct 25, 2024
