Browsing: Crypto

U.S. Senator Cynthia Lummis said on Twitter that the text of the comprehensive digital asset legislative bill she finalized with Kirsten Gillibrand will be released on June 7, and the versions circulating online are outdated.

Earlier news, U.S. Senators Cynthia Lummis and Kirsten Gillibrand will unveil a bipartisan crypto regulation bill in June, which supports the CFTC as the primary regulator for spot markets and futures, while the SEC will receive cryptocurrencies identified as securities by the Howey test. regulatory power.

The bill will also clarify that crypto mining will not be regulated by broker-dealer rules, in addition to making crypto miners not considered broker-dealers.

According to Paidun early warning monitoring, MetaMaskDAO is a “honeypot” scam. The MetaMaskDAO contract address (address starting with 0x55e5) issued a large number of tokens and sent them to the addresses of crypto influencers and crypto exchanges.

Such as Vitalik Buterin, famous NBA star Stephen Curry, Binance and Bithumb exchanges.

Indian crypto ecosystem players are increasingly calling for a reduction in tax deductions (TDS) at source for crypto transactions.

The 2022-23 Union Budget has approved 1% TDS for virtual digital assets. Industry representatives, arguing that this too high would drive traders away from the market and hurt volume, called for it to be lowered to the 0.01% to 0.05% range.

The Indian government is planning a stricter tax environment for crypto businesses, with media reports last week that the Indian tax authority is planning to put crypto activities under the GST sector of up to 28%, which is typically used for non-essential and extravagant goods. Activities such as betting, gambling and horse racing.

According to the latest official news, DeFi Wallet, a wallet under the Crypto.com platform, has added AVAX-TUSD support.

Previously, DeFi Wallet has supported CRC20-TUSD and ERC20-TUSD.

TrueUSD has been listed on more than 100 trading platforms such as Binance, Huobi, and Poloniex, and has been deployed on 11 major public chains such as Ethereum, TRON, Avalanche, BNB, Fantom, and Polygon.

TrueUSD has been audited in real time by Armanino, an American accounting company, to ensure that the ratio of US dollar reserves to its circulation reaches 1:1, achieving 100% reserves. Users can obtain public audit results through the official website tusd.io at any time.

Thomas Jordan, chairman of the Swiss National Bank (SNB), said in response to questions at the SNB annual meeting that there is currently no interest in holding Bitcoin (BTC), but may move quickly at some point, buying Bitcoin is for us Not a problem, we can do this directly, or buy Bitcoin-based investment products, and we can arrange technical and operational conditions relatively quickly when we are convinced that we must have Bitcoin on our balance sheet.

After the Yuga Labs metaverse project Otherside minting event was completed, Garga.eth, the co-founder of the boring ape BAYC, posted on social media: This event did not allow everyone to participate, so I would like to say sorry to the Ape holders, and I also want to think about all the desires Sorry to those who joined the Otherside project.