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Japan Blockchain Association Petitions for Crypto Asset Tax Reform
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a significant move aimed at promoting increased Web3 participation in Japan, the Japan Blockchain Association (JBA) recently submitted a petition to the authorities regarding the taxation system for crypto assets. Led by Yuzo Kano of bitFlyer Inc., the JBA highlighted that…
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Bitdeer Expands Bitcoin Mining Operations in Bhutan with New Fund
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Bitdeer, a Singapore-based Bitcoin mining company led by Chinese billionaire Jihan Wu, has launched a closed-end fund to support its mining endeavors in Bhutan, a South Asian country known for its friendly stance towards cryptocurrencies. With plans to raise $80 million in…
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Earth-shattering Bitcoin Events and A Look at Potential Short-Term Upside of Mid-Cap Crypto Tokens
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. By: Zeng Han-Jun, Head of Research, Market Capital Research Two significant events has reached a fever pitch. First, there is the Bitcoin (BTC) halving and second, the potential approval of a spot Bitcoin ETF in the United States. However, investors are urged…
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Ukraine’s Crypto Donations Surge as War with Russia Intensifies
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. According to a recent report by Crystal Blockchain, Ukraine, amidst its ongoing conflict with Russia, has received more than $225 million in cryptocurrency donations from supporters. This substantial influx of funds demonstrates the global crypto community’s solidarity with Ukraine’s struggle for peace…
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Elizabeth Warren and the BPI Find Common Ground on Digital Asset Anti-Money Laundering Act
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Recent developments in the U.S. Congress have brought forth multiple bills aimed at regulating the country’s cryptocurrency industry. Amidst this legislative buzz, a surprising alliance has emerged. The Bank Policy Institute (BPI), a group of Wall Street lenders, has expressed its support…
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Examining Gary Gensler’s Concerns about The Need for Regulatory Oversight in the Crypto Industry
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. The cryptocurrency sector has experienced exponential growth, attracting both enthusiastic investors and dubious characters aiming to exploit its decentralized nature. Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has been a vocal advocate for regulatory oversight in the…
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