Taxation of crypto mining: a shock new proposal

US President Joe Biden's new budget proposal for 2025 includes the introduction of a controversial 30% tax on electricity used by cryptocurrency miners. The measure aims to further regulate the energy-hungry crypto mining sector, sparking a lively debate within the community. Une taxe progressive pour le minage de crypto The bill introduces a new progressive […]

Thailand's SEC opens the door to spot Bitcoin ETFs for accredited investors

Thailand's Securities and Exchange Commission (SEC) recently amended its regulations, allowing certain investors to acquire private funds investing in Bitcoin cash ETFs traded on US exchanges. This decision marks a significant evolution in the country's regulatory approach to digital assets. Limited access for qualified investors The Thai SEC's initiative to restrict access to Bitcoin cash […]

Bitcoin Devours Gold in Coming Months, Predicts Michael Saylor

Michael Saylor, Executive Chairman of MicroStrategy, has declared that Bitcoin will be "digital gold" and that Bitcoin should be considered a better store of value than gold in the months to come. Bitcoin as digital gold Saylor stated that Bitcoin is a better means of storing value than gold, as it has all the best […]

El Salvador Realizes $85 Million Profit from Bitcoin Purchases

President Nayib Bukele's Bitcoin buying strategy is paying off for El Salvador, which is now making a profit of $85 million thanks to Bitcoin's recent rise. The country's crypto treasury is posting a 70% profit on the average dollar purchase price, with Bitcoin prices reaching a new all-time high in excess of $72,000 on March […]