According to The Bitcoin Historian, 12 U.S. politicians have backed Senator Cynthia Lummis' plan for the government to buy 1 million bitcoins.
On March 7, SBF said in an interview that he had developed a "friendly" relationship with Diddy, a musician arrested on conspiracy and sex trafficking charges. SBF added: "If someone had told me three years ago that I would be spending time with Diddy every day, I would have thought, that's funny, I'm curious how this happened, and I might have thought Diddy was in the crypto industry or doing something related." The reality is that SBF and Diddy are currently co-located in a New York detention ...
Brian Armstrong, chief executive of Coinbase, wrote on X: "Who is building Y Combinator for politicians? We need a supply chain of techno-optimist candidates developing their skills to win bipartisan elections."
On December 11, Italian politicians said on Tuesday that they will cut the increase in cryptocurrency capital gains tax. According to the 2025 budget, which will be approved by parliament at the end of December, the Ministry of Finance intends to increase the capital gains tax on cryptocurrencies such as bitcoin from 26% to 42%. The coalition said that this move will risk boosting the shadow economy. Political sources said that the government may even decide to keep the 26% tax rate unchanged.
The 2024 Bitcoin Conference will feature a host of politicians today, including Senator Cynthia Lummis and independent US presidential candidate Robert Kennedy Jr. In addition, there will be keynote speakers such as MicroStrategy Executive Chairperson Michael Saylor, ARK Invest CEO Cathie Wood, and cyber security expert Edward Snowden.
US politicians can accept cryptocurrency donations on the Base chain. According to the Supportcrypto website, supporters can choose from more than 240 cryptocurrencies, including bitcoin and ethereum, or make credit card payments through the platform. Jesse Pollak, head of the Base network, said in a statement that while there is a company behind the platform called Engage Raise, Coinbase Commerce powers its operations.
Multiple Filipino musicians' YouTube accounts were attacked promoting XRP scams, including local band Ben & Ben, boy band SB19, and musician Rico Blanco, which often direct victims to phishing websites to obtain funds.
According to information shared by Insider Tracker, a service that tracks the transactions of high-profile corporate executives and politicians, Federal Reserve Chairperson Jerome Powell has a net worth of more than $112,000,000, and the average per capita income in his economy is $62,027.
On June 27th, it was reported that only 41 US politicians are "strongly opposed" to cryptocurrencies, and 310 "strongly support" cryptocurrencies. Theoretically, a two-thirds majority of the Republican Party in the House and Senate would be enough to pass any legislation supporting cryptocurrencies.
The Indian Enforcement Directorate (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act 2002 (PMLA) in connection with an "illegal foreign remittance case" involving cryptocurrencies. The investigation found that a Delhi-based company sold cryptocurrencies worth more than 185.80 billion rupees (~ 223 million USD) on cryptocurrency exchanges and paid more than 350 billion rupees on foreign exchange. An international hawala group is involved,...
Samson Mow, CEO of Jan3, expressed skepticism about the growing support for digital assets among politicians. One of Samson Mow's greatest concerns is the failure of many politicians to distinguish between bitcoin and other cryptocurrencies. He emphasized that bitcoin is decentralized, permissionless, and censorship-resistant, and unlike many other digital currency projects, they may have different characteristics and risks.