#Simflyers
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The Easy Way to Convert. Crypto meets Convenience.
Connect with like-minded crypto enthusiasts, share ideas, and stay updated with Simflyers!
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In a major move for the crypto world, the Czech Republic has eased Bitcoin taxation.
Now, long-term Bitcoin holders in the country can breathe easy—no capital gains tax after holding BTC for just three years!
This is a huge step in making Bitcoin investments more attractive and accessible. A win for the #HODLers!
Are you holding Bitcoin? How do you think this new tax rule will impact the market?
Stay informed, stay ahead, and trade smart. https://decripto.org/en/bitcoin-tax-exemption-on-capital-gains-from-btc-after-three-years-of-holding-is-law-in-the-czech-republic/
BASE HAS DENIED SELLING ETH

Amid speculation, Base—a Layer 2 network built by Coinbase to scale Ethereum— has reaffirmed its commitment to Ethereum. The network, which processes transactions off-chain to reduce fees and congestion, assures that all sequencer fees remain within the Ethereum ecosystem.
With transparency at its core, Base continues to reinvest in Ethereum’s growth rather than liquidating assets. This raises an important discussion:
Should L2 networks handle sequencer fees differently? Drop your thoughts below! :point_down:
https://cryptoslate.com/base-denies-selling-eth-says-the-network-is-committed-to-ethereum/
*NIGERIA INTRODUCES ITS FIRST COMPLIANT STABLECOIN, CNGN*

Nigeria's Digital Finance Just Took a Big Leap!
The cNGN stablecoin is here—pegged 1:1 to the naira and designed to transform remittances, transactions, and blockchain adoption in Nigeria.
But challenges remain—Can cNGN overcome naira volatility and gain mass adoption? Will it succeed where the eNaira struggled?
https://techpoint.africa/2025/02/10/nigeria-launches-stablecoins-cngn/
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Elon Musk’s DOGE Takes on SEC, Seeks Public Help


Elon Musk’s Department of Government Efficiency (DOGE) has called on the public to expose inefficiencies and misconduct within the U.S. Securities and Exchange Commission (SEC). In a Feb. 17 post, DOGE urged whistleblowers to report waste, fraud, and abuse within the SEC, signaling a push for transparency and potential reforms.
This move has sparked debates in the crypto community, with some advocating for the SEC to compensate companies that successfully challenge its enforcement actions. Under former SEC Chair Gary Gensler, the agency lost key cases, raising concerns about its regulatory approach to crypto assets like Cardano (ADA) and XRP.
Crypto advocates believe DOGE’s investigation could pressure the SEC to rethink its crypto policies, potentially benefiting the industry.
https://cryptoslate.com/elon-musks-doge-solicits-public-help-to-tackle-sec-inefficiencies/
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