π¨π Switzerland is planning to create a Bitcoin reserve β a petition is underway to urge the Central Bank to start purchasing BTC and include the asset in the countryβs Constitution.
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πΊπΈ The U.S. Internal Revenue Service (IRS) has temporarily eased crypto tax calculation rules.
Digital asset holders on centralized exchanges (CeFi) are no longer required to use the FIFO (First In, First Out) method for tax reporting if they havenβt selected a preferred method, such as HIFO (Highest In, First Out) or Spec ID.
FIFO increases tax liabilities by assuming the sale of the earliest purchased assets. This decision helps prevent potential challenges for taxpayers, especially during a bull market.
@DeCenterOrg
Digital asset holders on centralized exchanges (CeFi) are no longer required to use the FIFO (First In, First Out) method for tax reporting if they havenβt selected a preferred method, such as HIFO (Highest In, First Out) or Spec ID.
FIFO increases tax liabilities by assuming the sale of the earliest purchased assets. This decision helps prevent potential challenges for taxpayers, especially during a bull market.
@DeCenterOrg
πΈπΎ Syria is considering the creation of a digital Syrian pound on blockchain, the legalization of BTC trading and mining, and allowing businesses to use energy resources for crypto operations.
These measures aim to revive the economy, stabilize the national currency, and attract foreign investments.
@DeCenterOrg
These measures aim to revive the economy, stabilize the national currency, and attract foreign investments.
@DeCenterOrg
π¨π³ China is tightening control over cryptocurrencies: banks are required to monitor and flag all transactions involving digital assets.
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πΉπ· Garanti BBVA, one of Turkey's largest banks, will begin offering cryptocurrency trading services.
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Bitcoin, as a new and unique asset class, will grow faster than most traditional instruments, maintaining its momentum amid global economic shifts. Ultimately, according to Saylor, its value could reach an impressive $13 000 000.
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The list includes tokens that utilize AI agents, are created using AI tools, or are based on AI technologies and trends.
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Today marks the 16th anniversary of the first cryptocurrency. On January 3, 2009, the genesis block β the starting point of the Bitcoin blockchain β was created. Satoshi Nakamoto received the first 50 BTC.
In the hash of the genesis block, Satoshi embedded a message: the headline of The Times article, "Chancellor on brink of second bailout for banks." This was a reference to how governments handle crises by printing massive amounts of money, devaluing people's savings.
Later, the Creator stepped away, leaving the project in the hands of the community, which continues to develop Bitcoin to this day.
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πΊπΈ Michael Saylor met with Eric Trump to discuss the prospects for cryptocurrency development in the United States.
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π³ MicroStrategy plans to raise up to $2 billion through a public offering of preferred stock, with the proceeds directed towards purchasing BTC.
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πΊπΈ Today, the 119th U.S. Congress, already being called the most crypto-friendly in history, officially began its work.
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The platform aims to provide solutions for scalable data access, knowledge management tools, large language model operations, and monetization of AI-generated content.
DIN Blockchain will also simplify the development and deployment of AI systems.
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Additionally, Arthur expressed his interest in the rapidly growing decentralized science (DeSci) sector.
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Previously, Ripple announced plans to explore IPO opportunities outside the United States, accusing the U.S. SEC of "hostility." However, considering the change in leadership in the U.S., the company may revisit its strategies.
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π¨π¦ Canadian Prime Minister Justin Trudeau announced yesterday that he will soon step down after nearly a decade in office.
According to Polymarket, there is an 88% probability that his successor will be Pierre Poilievre, a well-known advocate of cryptocurrencies and digital assets. If these predictions come true, it could pave the way for new opportunities in blockchain technology and the crypto industry in Canada.
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According to Polymarket, there is an 88% probability that his successor will be Pierre Poilievre, a well-known advocate of cryptocurrencies and digital assets. If these predictions come true, it could pave the way for new opportunities in blockchain technology and the crypto industry in Canada.
@DeCenterOrg