Tag: Bitcoin
White House Crypto Czar Rejects Cryptocurrency Transaction Tax Proposal
Reading time: < 1 minuteDavid Sacks, the White House’s crypto and AI advisor, has dismissed the idea of taxing every cryptocurrency transaction as a method to enhance the US strategic Bitcoin reserve and digital asset holdings.
Utah Senate Passes Bitcoin Bill
Reading time: < 1 minuteUtah’s Bitcoin bill, designated as HB230 “Blockchain and Digital Innovation Amendments,” has successfully passed the state Senate. However, it did so without a pivotal component—a clause that would have made Utah the first U.S. state to establish its own Bitcoin reserve.
Japan’s Ruling Party to Reduce Crypto Tax from 55% to 20%
Reading time: < 1 minuteJapan’s ruling party has drafted a proposal to lower the crypto tax rate from the current maximum of 55% to 20% and is currently seeking public feedback.
Trump Signs Executive Order to Establish a Strategic Bitcoin Reserve
Reading time: < 1 minuteLess than a week after announcing plans for a “crypto strategic reserve,” US President Donald Trump signed an executive order on Thursday night to create a Strategic Bitcoin Reserve.
Trump Crypto Reserve Will Mostly Include BTC: Bitwise CIO
Reading time: < 1 minuteDonald Trump’s move toward establishing a strategic crypto reserve in the US is likely to set off a global Bitcoin buying spree, according to Matt Hougan, Chief Investment Officer at Bitwise.
Mt.Gox Moves $1B in Bitcoin to Another Wallet
Reading time: < 1 minuteNow-defunct cryptocurrency exchange Mt. Gox has transferred over 12,000 Bitcoin, valued at more than $1.2 billion, to a new wallet.
Metaplanet Buys 497 Bitcoins
Reading time: < 1 minuteMetaplanet announced on Wednesday that it has acquired 497 Bitcoins, valued at $43.3 million.
Blockstream to Launch Bitcoin-backed Lending Funds
Reading time: < 1 minuteDigital asset infrastructure company Blockstream has announced that it will officially launch its three Bitcoin-backed funds, following the acquisition of a multibillion-dollar investment.
Trump Unveils a Strategic Crypto Reserve
Reading time: < 1 minuteCryptocurrencies surged on Sunday following President Donald Trump’s announcement of a US strategic crypto reserve. This reserve will include Bitcoin, Ether, XRP, Solana’s SOL token, and Cardano’s ADA.
Trump Will Host Crypto Summit on Friday
Reading time: < 1 minuteUS President Donald Trump is set to host the inaugural White House Crypto Summit on March 7.
