Category: Law of the Chain
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New Donald Trump plan could unlock $9 trillion for crypto and end taxes on small Bitcoin payments
Donald Trump plans to allow 401(k) retirement funds to invest in crypto and gold, potentially unlocking $9 trillion. He also considers tax exemptions for small Bitcoin transactions to boost adoption.
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UK Minister Urges Ban on Crypto Political Donations Over Foreign Influence Fears
UK Minister Pat McFadden urges a ban on crypto political donations due to fears of foreign influence, citing challenges in tracing such donations and potential threats to democratic processes.
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Pakistan Establishes Ties With El Salvador, With Bitcoin Front and Center – Crypto News Bitcoin News
Pakistan and El Salvador established diplomatic relations, focusing on bitcoin collaboration and information-sharing amid IMF restrictions, signaling growing cryptocurrency adoption.
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BlackRock files with SEC to add staking in Ethereum ETF – Details here!
BlackRock filed with the SEC to add staking to its iShares Ethereum Trust ETF, following other issuers. ETHA has $7.9B in assets and saw $499M inflows. ETH price remained stable at $3,409.
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Tokenization Wave Leads SEC to Consider Exemptions
The SEC is considering an ‘innovation exemption’ to support tokenization growth, following new stablecoin legislation. Chairman Paul Atkins highlighted the need for regulatory adjustments to foster tokenized securities infrastructure.
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Thailand Launches New Crypto Sandbox For Tourists Payments
Thailand’s SEC and BOT launch a crypto sandbox pilot for tourists, enabling digital asset conversion to Thai Baht for payments, aiming to boost tourism and economic innovation with regulated operators.
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France Wants to Mine Bitcoin With Wasted Energy—Here’s What That Means
French lawmakers propose a 5-year trial using surplus nuclear and renewable energy for Bitcoin mining to stabilize the grid, reduce waste, and generate revenue, inspired by Nordic models.
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GENIUS Act heads to Trump’s desk: Here’s what will change
The GENIUS Act, regulating stablecoins, is set to be signed by President Trump. It requires issuers to seek banking licenses, bans interest payments, and creates uncertainty for DeFi platforms.
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Ex-Rugby Player Sentenced For $900K Crypto Mining Ponzi Scheme – Decrypt
Former rugby player Shane Donovan Moore sentenced to 30 months for a $900K crypto mining Ponzi scheme, defrauding 40+ investors with fake 1% daily returns and lavish spending.
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IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved – Crypto News Bitcoin News
The IMF reports El Salvador missed Bitcoin non-accumulation goals in its $1.4B credit deal, citing Chivo Wallet as the primary cause of compliance failures.