A Brazilian lawmaker is pushing a bill that could let investment funds in Brazil invest in crypto, including Bitcoin.
Deribit says “Nyet” to Russia after new EU sanctions
Looks like another crypto platform is waving goodbye to Russia, as Deribit, a crypto derivatives exchange, is pulling out of the Russian market to comply with European Union sanctions.
Crypto mogul claims housing discrimination because of Bitcoin
Kraken’s co-founder, Jesse Powell is slapped a fancy San Francisco apartment building with a lawsuit, claiming they blocked him from buying a place because of his crypto connections. Sounds like a discrimination.
FTX’s payback is starting February 18
FTX is finally ready to kick off its creditor repayments on February 18, and they’re throwing in a sweet 9% interest on top.
Czech Republic’s Bitcoin Tax Exemption: A Game-Changer for Adoption and Sovereign Investment?
The Czech Republic’s decision to exempt Bitcoin from capital gains tax for long-term holders marks a significant step toward increasing Bitcoin adoption both within the country and across the EU.
This policy incentivizes long-term investment, encouraging a more stable buy-and-hold strategy while reducing short-term volatility.
Furthermore, if the Czech Central Bank follows through with its plan to allocate 5% of its €140 billion reserves to Bitcoin—approximately 75,000 BTC—the country could become the third-largest sovereign Bitcoin holder, surpassing the United Kingdom, Germany, and Ukraine.
While the European Central Bank opposes such initiatives, the Czech Republic’s independent monetary policy allows it to operate outside ECB constraints.
If successful, this approach could prompt other European nations to reconsider their stance on Bitcoin, potentially driving broader institutional adoption across the region.
Gracy Chen, CEO at Bitget
Hong Kong’s SFC steps up crypto game, but what’s new?
Hong Kong’s financial watchdog, the Securities and Futures Commission, is gearing up to beef up its cryptocurrency oversight.
Ex-Google engineer charged with stealing AI secrets
We’ve got a juicy story out of the tech world that sounds like it’s straight out of a spy movie.
