❗️ News Review of the Week

🔹 More Bitcoin Millionaires Emerge
• In the first six months of 2025, 26,758 new addresses holding BTC valued at over $1 million have been created.
The number of addresses with a balance of over $1 million increased by 21,589, and those with over $10 million rose by 5,169.
The total number of "Bitcoin millionaires" grew from 155,569 to 182,327.

🔹 FTX to Conduct Next Compensation Stage of $2 Billion
• The bankrupt cryptocurrency exchange FTX, which collapsed at the end of 2022, has announced the date for the next round of distributions to affected customers.
Funds will be distributed on September 30, and the claim registry will close on August 15.
The total compensation amount for this stage is expected to be around $2 billion.

🔹 Vladimir Putin Signed a Law
• The mass implementation of the digital ruble (CBDC) will begin on September 1, 2026.

🔹 Christie’s Created a Division to Sell Real Estate for Cryptocurrency
• Christie’s International Real Estate in Los Angeles now offers services from a team of crypto experts, lawyers, and analysts to assist in transactions where both the seller and buyer wish to settle in cryptocurrency, without involving banks.

What tax should be paid on cryptocurrency when selling goods and services?

Cryptocurrency taxes depend on where you live and conduct your business. In some countries, there are high taxes, while in others, there are none at all. Each government establishes its own laws, which affect the tax rate on cryptocurrency.

We will not discuss taxation on mining or selling cryptocurrency for profit. Instead, let's focus on business activity when you integrate crypto acquiring into your online business website. Payments for goods or services in cryptocurrency are considered as income. In this case, you must pay taxes on the income received.

The company's profile determines how to account for cryptocurrency on the balance sheet, fix its value, and write off such assets.
⚠️ It is important that internal documents—regulations and accounting policies—also document the principles of cryptocurrency accounting.

🌏 Cryptocurrency taxation in different countries

📌 Russia
Cryptocurrency in Russia is allowed as an investment, but it cannot be used for payments for goods and services. However, if your business is registered in countries where cryptocurrency is permitted, then Russian restrictions do not apply.

📌 USA
The American tax authority considers cryptocurrencies as property. This means that when selling, spending, or exchanging cryptocurrencies, capital gains tax is imposed. The tax rate depends on how long you have held the cryptocurrency.

📌 Canada
In Canada, cryptocurrencies are considered goods, so taxes depend on how you use cryptocurrencies. Income from cryptocurrency transactions is regarded as business income and is taxed at a rate of up to 33% at the federal level, plus regional taxes.

📌 United Kingdom
Here, cryptocurrencies are considered property. Capital gains tax is levied on cryptocurrency owners, depending on their tax category. If you earn cryptocurrency as payment, these assets will be taxed as income.

🌏 Countries where cryptocurrencies are not taxed
These include: the United Arab Emirates, Malta, and the Cayman Islands.

Cryptocurrency payments are evolving very rapidly, and perhaps in the near future, they will be as familiar as bank terminals. To keep up with competitors, it’s best to start exploring this area now. You can ask any questions about working with our service in the comments or on the Cryptadium website.

The cryptocurrency tax system is actively changing: governments are trying to keep up with the industry. The Cryptadium team recommends consulting with a licensed tax advisor in your region to avoid penalties.

Working with crypto acquiring is modern and profitable!

❗️ News Review of the Week

🔹 Miners' income in July reached its highest point since the halving
• According to estimates by analysts from JPMorgan, in July the average daily revenue of miners from block rewards reached $57,400 per exahash per second (EH/s), marking the highest level since April 2024, when the last halving took place.

🔹 Tether earned $4.9 billion in the quarter and became one of the largest holders of U.S. government bonds
• Tether announced its second-quarter 2025 report, verified by auditing firm BDO. As of June 30, over $157 billion in the USDT stablecoin was in circulation. Since the beginning of the year, the issuance has increased by $20 billion, of which $13.4 billion was issued in the second quarter.

🔹 The President of the Russian Federation signed a law expanding investigators' powers regarding the bank accounts of suspects
• According to the document, investigative authorities are granted the right to suspend account transactions for up to 10 days if there is evidence of their use for criminal activity.

🔹 The SEC launches the “Crypto Project” initiative to update securities regulations and transition markets to blockchain
• SEC Chairman Paul Atkins stated that his “key priority” is to establish a clear regulatory framework for cryptocurrencies.

❗️ News Review of the Week

🔹Bitcoin’s price has set a new record, approaching $122,000 for the first time.
•The cryptocurrency rose by 3.4%, bringing it just short of its mid-July all-time high above $123,000. This dynamic is linked to an executive order from US President Donald Trump allowing pension funds to invest in cryptocurrencies. A fresh influx of institutional capital has made Bitcoin the market’s top gainer, and interest remains high amid updated regulatory rules.

🔹In El Salvador, large financial institutions are now legally permitted to offer services involving Bitcoin and other digital assets under a new law.
• To obtain a license, organizations must have at least $50 million in capital and work with investors starting from $250,000. This move highlights a shift in focus from retail users to institutional investors. While Bitcoin usage among ordinary citizens remains low, the government continues to support national investments in crypto.

🔹Binance has signed an agreement with BBVA, the third largest bank in Spain, to custody client assets.
• Now, traders can deposit funds in US Treasury bonds in accounts held by BBVA. This decision aims to boost investor confidence and minimize risks in light of previous scandals in the market. Binance has already implemented similar schemes with other banks and continues to increase BTC holdings on the platform. This new step adds transparency and security for exchange users.

🔹Scammers have started using TikTok to steal cryptocurrency by spreading malware called FraudOnTok.
• It gains access to accounts and screenshots containing wallet details. Buyers on fake TikTok marketplaces lose their funds after paying for non-existent goods with stablecoins. Experts have already discovered over 5,000 dangerous apps masquerading as popular services. Security specialists recommend staying vigilant and thoroughly checking any service before making payments.

❗️ News Review of the Week

🔹 Ethereum ETFs saw record weekly inflows
• A record weekly inflow into Ethereum-based exchange-traded funds (ETFs) reached $2.85 billion ($547 million for Bitcoin-based funds). For the trading week ending August 15, Bitcoin ETFs recorded a total capital inflow of $547 million. Ethereum funds saw $2.85 billion, marking the highest weekly figure since the launch in mid-2024. The previous record was set in mid-July at $2.18 billion. Meanwhile, the SEC has postponed decisions on spot ETFs for Solana from Bitwise, 21Shares, and others until October 16, 2025.

🔹 The U.S. imposed sanctions against Exved, Grinex, and other Russian crypto platforms
• The U.S. Treasury added several Russian cryptocurrency companies and individuals to the sanctions list, accusing them of facilitating money laundering and circumventing restrictions through digital assets. The agency states that these entities operate as a unified network and support anonymous transactions in the interests of cybercriminals.

🔹 Google Play Store banned all crypto wallets without a banking license
• Google clarified that non-custodial wallets do not fall under Play Store rules. The Play Store rules will be updated accordingly.

❗️ News Review of the Week

🔹 The EU has decided to accelerate the implementation of the digital euro
• EU authorities are speeding up the creation of the digital euro. A source from the Financial Times, involved in discussions among European officials, reported that following the passing of the GENIUS Act on stablecoins in the US, “EU officials have rethought their plans regarding the digital euro.” There is consideration of launching the token on networks such as Ethereum or Solana, rather than a private blockchain as previously expected.

🔹 The US Treasury proposes to integrate identity verification directly into DeFi smart contracts
• This would tie every transaction to a person—such an approach could eliminate anonymity, turning DeFi into a state-controlled system. Experts warn that this is comparable to “cameras in every living room” and poses a risk of total censorship and data leaks.

🔹 The team behind the non-custodial crypto wallet MetaMask announces the launch of its own dollar stablecoin
• The issuance and management of reserves for MetaMask USD will be carried out by the Bridge platform, owned by the payment system Stripe, while decentralized infrastructure and on-chain liquidity will be ensured by the M0 protocol. MetaMask USD will be fully backed by high-quality and highly liquid dollar assets at a 1:1 ratio, with access to real-time on-chain reporting.

🔹 Ethereum price reached a peak of nearly $5,000
• On the evening of August 24, the price of Ethereum (ETH) set a historical maximum at nearly $5,000. After that, the price of ETH fell by more than 6% within a few hours. The price of Ethereum began to rise on the evening of Friday, August 22, during the speech of US Federal Reserve Chair Jerome Powell at the economic symposium in Jackson Hole. Over the course of a few hours, the ETH price increased by more than 15%, reaching $4,900, according to Binance.

❗️ News Review of the Week

🔹 Justin Sun announced a 60% fee reduction on the TRON network
• On August 26, 2025, the Tron community proposed a 60% reduction in network fees. This is the most significant fee reduction since the creation of Tron. The proposal was accepted and came into effect on Friday, August 29, announced project founder Justin Sun.

🔹 Tether launches USDT on the Bitcoin network
• The issuer of the largest stablecoin USDT, Tether, announced the launch of the token on the RGB protocol. This is a second-layer solution on the Bitcoin blockchain. Now users can store and transfer USDT along with their bitcoins in one wallet, enjoy private transaction benefits, and even send and receive funds offline.

🔹 MetaMask cryptocurrency wallet introduced the ability to create addresses using Google or Apple accounts
• The new "Social Login" feature allows users to create, back up, and restore wallets using their Google or Apple accounts. Previously, managing a crypto wallet typically required a 12-word secret phrase or a private key. According to the developers, the social login feature "simplifies the process of wallet creation and management."

🔹 In August, over $300 billion has already transacted on the Ethereum network—this is the highest figure since May 2021.

❗️ News Review of the Week

🔹 El Salvador's Crypto Reserve Reached $700 Million
• On September 7, marking the fourth anniversary of the law recognizing Bitcoin as an official currency, the authorities of El Salvador purchased 21 BTC. This was reported by President Nayib Bukele. The purchase is symbolic and refers to the limited issuance of Bitcoin capped at 21 million coins. The country's national crypto reserve has reached 6,313 BTC.

🔹 Belarusian President Sets Task to Regulate the Crypto Market
• Alexander Lukashenko held a meeting regarding the development of the digital assets sector. He noted that it is important for the country to "not lose sight of trends and not lose technological leadership." Crypto exchanges and exchange services in Belarus are authorized to operate only if they are residents of the High Technologies Park (HTP) — a special tax and legal regime established in 2005 for the development of IT business. A year ago, individuals in Belarus were banned from buying and selling cryptocurrencies outside of Belarusian crypto platforms.

🔹 Tether Discusses Investments in Gold Mining
• The company Tether, which issues the USDT stablecoin, is negotiating investments in the gold mining sector, from extraction and processing to trading and investing in companies that receive a share of the revenue from gold mines (royalty companies). This was reported by the Financial Times, citing sources familiar with the discussions.

❗️ News Review of the Week

🔹 Tether officially enters the US market with the new stablecoin USAT
• Token issuance will be handled through Anchorage Bank, with reserves stored by Cantor Fitzgerald. Bo Hines, a former White House advisor on crypto assets, has been appointed as a strategic advisor for Tether USAT.

🔹 The US SEC is accused of deleting data during the FTX collapse and major lawsuits against cryptocurrency exchanges
• Cryptocurrency exchange Coinbase has called for a federal court investigation into the actions of the Securities and Exchange Commission (SEC), which deleted a year’s worth of correspondence from former agency head Gary Gensler. This concerns messages from October 2022 to September 2023, during which time the SEC filed multimillion-dollar lawsuits against major cryptocurrency exchanges, and the FTX exchange collapsed, triggering a market downturn.

🔹 Christie’s to close its digital art and NFT department
• Auction house Christie’s has announced the closure of its separate digital art division. This decision comes in response to a decline in interest in NFTs and overall changes in the art market. In August, two top executives overseeing the division were laid off. Only one specialist in this area will remain at the New York office.

🔹 Binance and Franklin Templeton announce strategic partnership
• Franklin Templeton, one of the world's largest asset management companies, has teamed up with Binance to develop investment products in the digital assets sector aimed at bridging traditional financial markets and blockchain technology.

❗️ News Review of the Week

🔹 The US Treasury begins developing rules under the GENIUS Act for stablecoins
• The GENIUS Act has become the first comprehensive document for cryptocurrency regulation in the US. It was previously signed by President Donald Trump, and now regulators must formulate specific rules for its application. Discussions will continue until October 20. This marks the first official step toward formalizing regulation of the stablecoin market, reports Coindesk.

🔹 The Central Bank of Russia will allow qualified investors to trade securities linked to cryptocurrency prices
• The Bank of Russia has published a draft directive establishing a list of securities and derivatives available to qualified investors. While "qualified investors" previously had access to cryptocurrency derivative instruments, they will now be allowed to transact with securities tied to cryptocurrency prices. The changes will take effect ten days after the official publication of the document.

🔹 The Ethereum Foundation will launch an AI-focused team
• Its mission is to make Ethereum the foundation for AI and machine economy. The team, named the dAI Team, will develop technologies at the intersection of blockchain and artificial intelligence.
The focus will be on two main areas. First, to enable AI agents and robots to make payments, interact with each other, and comply with rules without intermediaries. Second, to create an open and decentralized technological base for AI that is resistant to censorship and monopoly by large companies.