Florida First to Propose Bill Eliminating State Capital Gains Tax on Bitcoin, XRP, and Stocks
Florida proposes a groundbreaking bill to eliminate state capital gains tax on Bitcoin, XRP, and stocks, setting a precedent for cryptocurrency-friendly legislation.
Australian Senator Slams Bitcoin as ‘Ponzi Scheme’ – Decrypt
Australian Senator Gerard Rennick called Bitcoin a Ponzi scheme, sparking backlash from crypto advocates. Critics warned his misinformed views could lead to harmful policies as Australia prepares new crypto legislation.
Crypto investor loses $2.6M in stablecoins in double phishing scam
A crypto investor lost $2.6M in stablecoins to a double phishing scam involving zero-value transfers, highlighting risks of address poisoning tactics.
Wemix Delisting Sparks Antitrust Probe in South Korea
WeMade files antitrust complaint against South Korean exchanges for delisting WEMIX token, alleging collusion under fair trade laws, while exchanges claim independent decisions led to the delisting.
Florida Becomes First U.S. State to Propose Eliminating Capital Gains Tax on Bitcoin, Boosting Cryptocurrency Adoption
Florida proposes eliminating capital gains tax on Bitcoin, becoming the first U.S. state to do so, aiming to boost cryptocurrency adoption and attract blockchain businesses.
Speaker Mike Johnson Sidesteps Transparency Questions on Trump Meme Coin Dinner Amid DOJ Calls
House Speaker Mike Johnson avoided questions about Trump’s private meme coin dinner, declining to disclose attendees despite Democratic calls for transparency and a DOJ probe into potential corruption.
Chinese Internet Regulator Shuts Down Accounts Illegally Touting Crypto Trading
China’s internet regulator shut down social media accounts promoting illegal crypto trading and false stock tips. Fraudsters lured victims with fake promotions and phishing scams amid rising crypto-related crimes.
Pakistan Appoints Bilal Bin Saqib as Special Assistant to PM on Crypto and Blockchain
Pakistan appoints Bilal Bin Saqib as Special Assistant to PM on Blockchain and Crypto, tasked with drafting regulations, launching mining projects, and integrating blockchain into government systems.
Coinbase Investors File Suit Over Alleged Mishandling of User Data Leak
Coinbase faces a class action lawsuit from shareholders over alleged failure to disclose a data breach and regulatory violation, leading to stock price drops and legal scrutiny.
Pakistan Reserves 2,000 MW to Power Bitcoin Mining and AI Centers
Pakistan allocates 2,000 MW of surplus electricity for Bitcoin mining and AI centers, aiming to attract foreign investment and create high-skilled jobs through regulatory support and tax incentives.
