THORChain approves plan to restructure $200M debt
THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability. Source link
New crypto haven or US competitor: Russia approves crypto taxation
The Russian government has approved a bill regulating the taxation of crypto transactions. What will now change in the country’s tax base? The Russian government has passed a bill regulating cryptocurrency taxation. Prepared by the Ministry of Finance, the bill gives crypto property status, as local media reports. This means companies must pay income tax […]
FLOKI DAO approves liquidity funding for Floki ETP
The Floki DAO has approved a proposal that seeks to allocate a portion of Floki supply as liquidity funding for a Floki exchange-traded product. The decentralized autonomous organization, which supports the development of the FLOKI (FLOKI) project, unanimously passed the proposal. What this means is that part of the 16.3 billion FLOKI tokens in the […]
Will XRP price surge in 2025 if the SEC approves Ripple ETF?
XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple (XRP) price was trading at $2.2 after falling 25% from its highest point this year, meaning it remains in a bear market. One of the biggest XRP catalysts is the […]
SEC approves Crypto Index ETFs from Franklin Templeton and Hashdex
The United States Securities and Exchange Commission has approved two spot cryptocurrency index exchange-traded funds. On Dec. 18, the SEC greenlighted the crypto index ETF proposal from Franklin Templeton, allowing it to trade on the Cboe BZX Exchange. The following day, the commission approved Hashdex’s crypto index ETF, which is set to trade on the […]
SEC simultaneously approves Hashdex, Franklin’s Bitcoin-Ether ETFs
Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval. Source link
Russian gov’t approves new crypto taxation framework
The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble. Source link
The dYdX community approves revenue sharing proposal
The dYdX Foundation has announced that the community has approved a key proposal to implement a revenue-sharing mechanism. The proposal, passed on Nov. 15, allocates 50% of protocol revenue to the MegaVault and 10% to the Treasury SubDAO. According to the dYdX Foundation, the expedited vote saw a turnout of 76.99%, with over 155 million […]
Thumzup approves $1m of Bitcoin as treasury reserve asset
Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin. The company, which helps brands pay users to promote them on platforms like Venmo and PayPal, aims to diversify its treasury holdings with this move. CEO […]
