Former NY Fed President Bill Dudley cautions that creating a federal Bitcoin reserve could strain public finances, drive up inflation, and provide limited benefits to most Americans. He highlights Bitcoin’s volatility, capped supply, and economic risks, urging policymakers to focus on regulation instead.
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Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years
The Czech Republic has approved a capital gains tax exemption for Bitcoin held for over three years, aligning its taxation with traditional financial instruments and encouraging long-term investments in the cryptocurrency market starting January 1, 2025.
The post Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years appeared first on Cryptonews. …
Jury awards $300m payout to family of teen who died on Orlando ride
Tyre Sampson fell 30m (98ft) from the ride at ICON Park in Orlando which had no seat belts.
Far-right extremist who murdered South African hero to be deported
Walus has never expressed remorse for killing Hani and has become a symbol for the far right in Poland.
Harassment case against Lizzo dropped
The singer cannot be sued as an individual, a judge has ruled.
EU tries to get closer to South America with trade deal
The pact promises lower tariffs but may still meet resistance from European countries.
Romanian court annuls result of presidential election first round
The move comes after allegations of Russian influence via social media on the first round of voting.
Damascus and Assad now in Syrian rebels’ sights
The sudden offensive could become the biggest threat to Syria’s president in 13 years of civil war.
$10 DOGE Price Boom? Whales Accumulate in Jaw-Dropping Numbers
The DOGE price has jumped by 9% in the past 24 hours, with whales accumulating the token again as the whole market enters a fresh growth spurt today.
The post $10 DOGE Price Boom? Whales Accumulate in Jaw-Dropping Numbers appeared first on Cryptonews. …
Trump Could Sanction Stablecoin Issuers, Russian Expert Warns
US President-elect Donald Trump could sanction stablecoin issuers when he takes office next month, a Russian expert has warned.
The post Trump Could Sanction Stablecoin Issuers, Russian Expert Warns appeared first on Cryptonews. …