Bitcoin decreased in price by 1.1% and settled around $106 285.
— The price of Ethereum has decreased by 2.4% to $3620, but has increased by 6.75% over the day. — Tokens SOON grew by (+208.5%), Starknet (+100%), Internet Computer (+82.6%), Filecoin (+73%), and Zcash (+68%). Today we will take a look at the countries 👇 — Trump stated that the US will become a "bitcoin superpower." The shutdown in the US is still ongoing — due to this, new crypto laws may be postponed until 2026. But Donald Trump decided not to wait: he signed a decree for authorities to stop pressuring the crypto market and promised to make the country a leader in mining and digital currencies. — Kazakhstan is creating a crypto reserve of $1 billion. The Central Bank of Kazakhstan plans to launch a crypto reserve fund with a volume ranging from $500 million to $1 billion. The funds will be sourced from assets returned from abroad. They will be managed through investments in ETFs and shares of crypto companies, but without direct storage of crypto — to avoid violating local laws. — In Kyrgyzstan - a "crypto bank" from Japarov ( but without Zhao ). President Sadyr Japarov stated that the idea of creating Bereket Bank was allegedly proposed to him by Binance founder Changpeng Zhao. Later, Zhao denied his involvement, but the authorities confirmed: the bank will be created anyway, and it will work with digital assets. — Japan is testing a stablecoin pegged to the yen. A pilot project has been launched in Japan for the introduction of a digital yen stablecoin (JPY). It is being developed by the three largest banks in the country — MUFG, SMBC, and Mizuho. If the test is successful, Japan will become one of the first countries with a full-fledged "digital yen" from commercial banks. — The cryptocurrency market in South Korea is at a minimum. The trading volume of cryptocurrency in South Korea has collapsed to record low levels. Investors are moving to stocks — the KOSPI index is rising, while authorities are tightening measures against speculation. — Canada has taken on the regulation of stablecoins. A bill has been introduced in the country that will require companies issuing stablecoins to hold full reserves and ensure the possibility of redeeming tokens. The Bank of Canada allocated $10 million CAD for the launch of the system. All to ensure that "digital dollars" are actually backed by real money. — A crypto scam involving $689 million was uncovered in Europe. The EU detained 9 individuals who are accused of creating fake crypto platforms. According to Eurojust, they defrauded investors and laundered money through anonymous blockchains. — France has introduced a wealth tax for cryptocurrency holders. Now it includes cryptocurrencies and precious metals. If assets exceed €2 million, a 1% tax will have to be paid, but up to €1 million can be deducted for housing. Wealthy crypto holders should prepare for declarations.
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Bitcoin decreased in price by 1.1% and settled around $106 285.
—
The price of Ethereum has decreased by 2.4% to $3620, but has increased by 6.75% over the day.
—
Tokens SOON grew by (+208.5%), Starknet (+100%), Internet Computer (+82.6%), Filecoin (+73%), and Zcash (+68%).
Today we will take a look at the countries 👇
—
Trump stated that the US will become a "bitcoin superpower." The shutdown in the US is still ongoing — due to this, new crypto laws may be postponed until 2026. But Donald Trump decided not to wait: he signed a decree for authorities to stop pressuring the crypto market and promised to make the country a leader in mining and digital currencies.
—
Kazakhstan is creating a crypto reserve of $1 billion. The Central Bank of Kazakhstan plans to launch a crypto reserve fund with a volume ranging from $500 million to $1 billion. The funds will be sourced from assets returned from abroad. They will be managed through investments in ETFs and shares of crypto companies, but without direct storage of crypto — to avoid violating local laws.
—
In Kyrgyzstan - a "crypto bank" from Japarov ( but without Zhao ). President Sadyr Japarov stated that the idea of creating Bereket Bank was allegedly proposed to him by Binance founder Changpeng Zhao. Later, Zhao denied his involvement, but the authorities confirmed: the bank will be created anyway, and it will work with digital assets.
—
Japan is testing a stablecoin pegged to the yen. A pilot project has been launched in Japan for the introduction of a digital yen stablecoin (JPY). It is being developed by the three largest banks in the country — MUFG, SMBC, and Mizuho.
If the test is successful, Japan will become one of the first countries with a full-fledged "digital yen" from commercial banks.
—
The cryptocurrency market in South Korea is at a minimum. The trading volume of cryptocurrency in South Korea has collapsed to record low levels. Investors are moving to stocks — the KOSPI index is rising, while authorities are tightening measures against speculation.
—
Canada has taken on the regulation of stablecoins. A bill has been introduced in the country that will require companies issuing stablecoins to hold full reserves and ensure the possibility of redeeming tokens. The Bank of Canada allocated $10 million CAD for the launch of the system. All to ensure that "digital dollars" are actually backed by real money.
—
A crypto scam involving $689 million was uncovered in Europe. The EU detained 9 individuals who are accused of creating fake crypto platforms. According to Eurojust, they defrauded investors and laundered money through anonymous blockchains.
—
France has introduced a wealth tax for cryptocurrency holders. Now it includes cryptocurrencies and precious metals. If assets exceed €2 million, a 1% tax will have to be paid, but up to €1 million can be deducted for housing. Wealthy crypto holders should prepare for declarations.