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Russia’s energy ministry has launched a national registry of crypto mining rigs to weed out miners that dodge tax payments and illegal setups that steal power from the grid. State-run newspaper RIA Novosti said in a report on Friday that the Russian Ministry of Energy, the Federal Tax Service and th…
The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims. The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operat…
Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin.“Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin.Musk’s crypto tiesElon Musk is no stranger to Bitcoin as Tesl…
The native cryptocurrency of The Open Network has retraced 6% from its 24-hour high after United Arab Emirates regulators refuted claims that staking Toncoin (TON) could create a pathway to UAE residency.Toncoin initially shot up 10% to $3.03 on Sunday after The Open Network claimed that applicants …
Governments have no right to tax Bitcoin because managing ownership rights requires no administrative efforts, says Miller Value Partners chief investment officer Bill Miller IV.“For them to reach their hand in there doesn’t make a ton of sense,” Miller told Natalie Brunell on the Coin Stories podca…
Key takeawaysCrypto-backed mortgages let you use assets like Bitcoin or Ether as collateral to secure a loan without selling your holdings.The process involves choosing a lender, securing your crypto in custody, appraising the property and finalizing loan terms.These mortgages offer tax advantages, …
Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value.A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin worth over $1 billion after 14 years of holding the assets on Thursday.The mysterious whale …
On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same.Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans vote…
While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum and massive ETF inflows.In the latest episode of Byte-Sized Insight, …
Today in crypto, a Belgian court has sentenced three people for their roles in a cryptocurrency-related kidnapping, US Republican House leaders have designated July 14 to July 18 as “Crypto Week,” focusing on considering three key crypto bills, and a new US Senate bill aims to overhaul crypto taxati…
Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in Tennessee federal court.According to the complaint, Ianello allegedly took over Phoenix Community Capital in October 2022 and pe…
Ukrainian President Volodymyr Zelenskyy’s outfit at a June 24 NATO meeting in the Netherlands has become the focal point of a fierce dispute between Polymarket bettors. A user on Polymarket, a crypto-based prediction platform, created a betting market that asked whether Zelenskyy would wear a suit b…