The Czech Republic approved an amendment granting exemptions for income from cryptoasset transfers. The move, passed on Dec. 6 and set to take effect on Jan. 1, 2025, introduces conditions under which individuals may exclude such income from personal taxation, echoing some established rules applied to securities. Under the new framework, individuals can claim an […]
The post Long term Bitcoin HODLers in Czech Republic to pay zero capital gains tax from January appeared first on CryptoSlate.
CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.
New US “crypto czar” David Sacks is very bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital.
David Sacks' appointment could significantly influence U.S. policy on AI and crypto, potentially reshaping regulatory and economic landscapes.
The post Who is David Sacks? Trump’s pick for White House AI and Crypto Czar is a Bitcoin holder appeared first on Crypto Briefing.
The SEC's stance on crypto ETFs may stifle innovation and limit investment opportunities in the burgeoning digital asset market.
The post SEC signals it would reject spot Solana ETF filings and pause new crypto ETF approvals appeared first on Crypto Briefing.
Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after Gary Gensler’s departure.
South Korea’s Financial Services Commission (FSC) denied reports claiming the government has finalized a roadmap for issuing real-name crypto accounts to corporations, including public institutions and nonprofit organizations, according to a Dec. 4 press release. Local media outlets, including Hankyung, reported earlier in the day that the FSC planned to release a roadmap by the […]
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Circle has become the first stablecoin issuer to meet Canada’s new listing requirements for its USD Coin (USDC), marking a significant milestone amid ongoing reports of layoffs within the company. In a Dec. 4 post on X, Circle CEO Jeremy Allaire announced that USDC is the first of the top dollar-backed stablecoins to comply with […]
The post Circle balances compliance in Canada with operational efficiency through staff layoffs appeared first on CryptoSlate.
Rep. French Hill announced plans to intensify scrutiny of alleged efforts by regulators to cut off crypto businesses from banking services, citing concerns raised by industry leaders and recent public statements by a16z co-founder Marc Andreessen. Hill, who is in contention to lead the House Financial Services Committee next year, voiced his concerns during a […]
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Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar, highlighting its volatility and speculative nature.
The post Fed Chair Powell calls Bitcoin a competitor to gold, not the US dollar appeared first on Crypto Briefing.
Russian President Vladimir Putin said Bitcoin (BTC) and digital currencies are unstoppable, positioning them as key tools for reducing financial inefficiencies and enhancing economic stability. Putin made the statements at the Investment Forum in Moscow on Dec. 4, where he argued in favor of Bitcoin as a global reserve asset over the US dollar. He criticized […]
The post Putin says Bitcoin is inevitable, endorses BTC over US dollar as global reserve currency appeared first on CryptoSlate.
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.
President-elect Donald Trump confirmed Paul Atkins’ nomination as the next US Securities and Exchange Commission (SEC) chairman in a Dec. 4 Trust Social post. Trump stated that Atiks “recognizes that digital assets and other innovations are crucial to making America greater than ever before.” He added: “Paul is a proven leader for common sense regulations. […]
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Trump nominates Paul Atkins as SEC Chair, highlighting his leadership and focus on digital assets amidst regulatory challenges.
The post Trump officially appoints Paul Atkins as SEC Chair appeared first on Crypto Briefing.
The judge ordered David Brend to report to a federal prison in Florida by Dec. 16 to serve his 120-month sentence.
The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC’s position continues to be that many digital assets are financial products under the current law. [This feedback request] is aligned to and supportive of […]
The post Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework appeared first on CryptoSlate.
Putin's stance on digital assets highlights a shift towards financial sovereignty and reduced reliance on traditional global systems.
The post Putin says no one can ban Bitcoin and digital assets appeared first on Crypto Briefing.
The Missouri Senate introduced SB 194 on Dec. 1, proposing to ban central bank digital currencies (CBDCs) as legal tender within the state. The bill seeks to prohibit public entities from accepting or using CBDCs and modifies the definition of “money” under the Uniform Commercial Code to exclude these digital currencies. Sponsored by Senator Brattin, […]
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Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF). If approved, the ETF would trade under the ticker symbol GSOL on the New York Stock Exchange, offering investors […]
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Grayscale's Solana ETF filing on NYSE Arca coincides with a 6% surge in Sol's price, amidst growing institutional adoption and regulatory talks.
The post Grayscale files for Solana ETF as SOL token surges 6% appeared first on Crypto Briefing.
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023.
Alex Mashinsky plans to plead guilty in the Celsius fraud case, facing charges of fraud and market manipulation after the firm's bankruptcy.
The post Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy appeared first on Crypto Briefing.
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair.
President-elect Donald Trump’s rumored frontrunner for the SEC chair position, Paul Atkins, is reportedly reluctant to take on the role due to the daunting challenge of managing the agency’s current state, CoinDesk reported on Dec. 3, citing sources familiar with Atkins’ thinking. According to the report, Atkins views the position as unattractive, given the considerable effort […]
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Paul Atkins shows SEC chair hesitation due to workload concerns; sources reveal reluctance to leave his firm and tackle agency challenges.
The post Paul Atkins faces hesitation about taking SEC chair role, reports say appeared first on Crypto Briefing.
Atkins' appointment could signal a shift towards more crypto-friendly policies at the SEC, potentially impacting regulatory approaches.
The post BREAKING: Trump picks pro-crypto Paul Atkins as SEC chair appeared first on Crypto Briefing.
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament.
A new SEC chair could shift regulatory focus, potentially impacting crypto markets and financial innovation under Trump's administration.
The post Trump expected to name new SEC chair “as soon as tomorrow” appeared first on Crypto Briefing.
Cambodia's crypto restrictions may drive innovation underground, complicating regulatory efforts and potentially increasing illicit activities.
The post Binance, Coinbase access restricted in Cambodia amid tightening crypto regulations appeared first on Crypto Briefing.
South Korea’s Democratic Party agreed to delay the implementation of crypto taxation laws, signaling a temporary truce in the heated debate over digital asset regulation in the country, the Korean Herald reported on Dec. 2. Democratic Party floor leader Rep. Park Chan-dae announced the agreement to postpone the taxation of crypto profits by two years. Park […]
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