Digital Asset Anti-Money Laundering Council (DAAMC) Launched with Support from the Hong Kong…
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US Ethereum ETFs face second-largest outflow of $196.6 million in a day
US spot Ethereum exchange-traded funds (ETFs) saw heavy redemptions on Aug. 18, with investors pulling $196.6 million in a single day. Data from SoSoValue showed that this was the second-largest daily outflow since the products debuted and the fourth outflow this month. According to the data, most of the day’s losses came from the two…
New Bitcoin for America Act lets you pay the IRS in Bitcoin and fuels a $14T boost to economy
The United States may generate up to $14 trillion in cumulative worth if 1% of federal taxes are paid in Bitcoin over the subsequent twenty years, in accordance to new modeling from Bitcoin Policy Institute offered alongside Rep. Warren Davidson’s Bitcoin for America Act. The invoice, launched on Nov. 20, would enable taxpayers to settle…
