With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm’s negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry.
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Category: Cryptocurrencies
Ross Ulbricht Offered Thanks to Donald Trump in First Statement Following Pardon: “A Lot to Talk About”
Silk Road creator Ross Ulbricht issued his first statement after being pardoned by Donald Trump, describing his release as a second chance. As the Bitcoin community reacts, questions arise about Ulbricht’s potential role in the crypto industry following his high-profile case involving the darknet marketplace.
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Trump Signs Executive Order to Develop Regulatory Framework for Digital Assets in US
After four days in office, President Trump has signed an executive order banning CBDCs and laying the groundwork for a digital asset regulatory framework. The initiative seeks to position the U.S. as a leader in cryptocurrency innovation while fostering blockchain development.
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Ledger Co-founder David Balland Freed Following Shock Kidnapping
David Balland, co-founder of Ledger, was abducted in France alongside his wife, reportedly for a cryptocurrency ransom. French police rescued him in a dramatic operation and made eight arrests. Balland is receiving medical care as the investigation into the incident continues.
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MMA Fighter ‘Received $151k in Crypto’ Before Moscow Park ‘Terrorist Attack’
The MMA fighter Lamberd Akhiadov received cryptoassets and US dollars worth $151,000 before “carrying out a terrorist attack” on December 31, 2022, Russian police say.
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Elizabeth Warren Slams Trump’s Memecoin as a Tool for Presidential Profiteering
Elizabeth Warren accused Donald and Melania Trump of unethical behavior in their memecoin ventures and urged regulators to investigate.
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South Korea’s Goyang City Seizes Crypto Worth Over $228,000 from Traffic Offenders
The South Korean city of Goyang has seized cryptoassets worth over $228,000 from residents who failed to pay traffic fines.
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President Trump’s Meme Coin Trading Activity Soars: CryptoQuant
President Donald Trump has ventured into the cryptocurrency space with the launch of his official meme coin, TRUMP, which debuted on January 17, 2025. The coin has quickly gained attention across the crypto community.
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OKX Secures MiCA Pre-Authorization to Offer Crypto Services in Europe
OKX said it has become the first virtual financial assets exchange to secure a pre-authorization under the Markets in Crypto-Assets Regulation (MiCA), paving the way for its expansion into the European market.
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Binance Labs Rebrands as YZi Labs, Expands Its Investment Focus to AI, Biotech
Changpeng Zhao, the former Binance CEO, will personally coach and mentor startups within the incubator.
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