South Korea to pilot tokenized deposits for government spending
The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.
US should scrap crypto capital gains tax to fuel competition: Cato
Crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washingon DC-based think tank.
China already has the compute to train its own Mythos-like AI: Nvidia CEO
The amount of capacity and the type of compute it was trained on is “abundantly available in China,” said the Nvidia CEO.
Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days
The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.
Trump’s World Liberty under fire for ‘absurd’ token unlock plan
Major World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have ever seen.”
CFTC probes oil futures trades tied to Trump’s moves in Iran: Report
The CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran on April 7.
Tech stocks push Nasdaq, S&P 500 to record highs as Bitcoin taps $75K
Tech stocks helped drive the Nasdaq to 24,016 and the S&P 500 to 7,022 as Bitcoin climbed nearly 10% over the past two weeks.
Bitcoin hits ‘near-term selling pressure’ after rally to $76K: CryptoQuant
CryptoQuant says Bitcoin could be reaching a temporary ceiling after hitting a multi-month top of $76,000 on Wednesday, with investors moving Bitcoin in bulk to exchanges.
BitMEX pitches ‘canary fund’ alternative to Bitcoin quantum coin freeze
It may be appropriate to attempt to mitigate the extent of the freeze as much as possible, even at the cost of greater complexity, said BitMEX.
Bitcoin should prepare now, even if quantum is a ‘lab experiment’: Adam Back
Back said the safest approach is to build optional upgrades that would allow Bitcoin to migrate to quantum-resistant cryptography once it’s needed.