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G20 countries aim to develop global framework against crypto-related risks

G20 also aims to bring together global economies to fight debt distress and hyperinflation in smaller economies such as Sri Lanka and Ghana.

Presidential hopefuls RFK Jr. and DeSantis rally against FedNow

The two presidential hopefuls are of the opinion that FedNow is the first step in launching a CBDC that threatens privacy and autonomy.

New R&D tax rules could mean a US exodus for crypto companies

A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes.

Texas’ gold-backed digital currency project: Law Decoded, April 3–10

While Ted Cruz and Ron DeSantis attack the idea of American CBDC, Texan lawmakers propose to create a statewide one.

'Don't Mess with Texas Innovation' — advocates criticize bill removing crypto mining incentives

Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners.

Bitcoin proponents respond to New York Times' BTC mining report

Bitcoin proponents accused New York Times of overstating emissions by mining companies and omitting the facts about the growing adoption of renewable energy sources for BTC mining.

OpenAI finds fresh support from Japan amid global country-wide bans

Japan shows support for OpenAI's ChatGPT chatbot amid country-wide bans and uncertainties around the world.

FTX financial controls were a ‘hodgepodge’ of apps, says court filings

A court filing alleged apps such as Excel spreadsheets and Slack messages were used to manage the assets and liabilities of FTX and its entities.

Texas lawmakers propose a gold-backed state digital currency

The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and are still in circulation.

Sushi’s head chef addresses community concerns amid SEC subpoena

Sushi’s head chef Jared Grey and his counsel described the investigation as a “non-public, fact-finding inquiry,” that doesn’t suggest the SEC has “any negative opinion of any person, entity or asset" related to the DAO.

BTC white paper hidden on macOS, Binance loses AUS license and DOGE news: Hodler’s Digest, April 2-8

Binance Australia Derivatives’ license revoked, the Bitcoin white paper is hidden on modern macOS and Dogecoin prices spike after Twitter’s icon change.

Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

The Arkansas Data Centers Act is moving now to the governor's office for approval. It grants crypto miners in the State the same rights as data centers.

Congressman Tom Emmer says SEC chair Gary Gensler is a 'bad faith regulator'

The crypto-friendly congressman questioned Gary Gensler’s supposed ‘open door policy” suggesting that he “might have an open door, but it is an enter-at-your-own-risk-door.”

Thai political party looking at PM race promises $300 in crypto upon victory: Report

The country's next general election will be held on May 14, at which time all 500 seats in Thailand's House of Representatives will be up for grabs.

Europe’s digital ID wallet — Easy for users or a data privacy nightmare?

European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services.

Do Kwon converted stolen funds from Luna to Bitcoin: S.Korean prosecutors

South Korean prosecutors have reached out to Binance to request a halt on any withdrawal linked to Do Kwon.

Int’l securities body IOSCO prepares crypto regulation report for 2023

The International Organization of Securities Commissions shared its vision of stablecoin arrangements, decentralized finance and “finfluencers.“

CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky

The ECB President admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community.

UK uses Love Island star to warn finfluencers on crypto and investment schemes

The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law.

Study claims 99.5% of crypto investors did not pay taxes in 2022

Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study.

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