Trump’s Cryptocurrency Comment
US President-elect Donald Trump said that “great things” will happen in the crypto space. Trump also plans to reduce corporate tax to 15% for economic growth.
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Ukraine, Crypto Legalization Plan
Ukraine plans to legalize cryptocurrencies in early 2025, but does not intend to offer tax incentives. Crypto earnings will be taxed when converting to fiat money.
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BTC and ETH Options Expire
Today, $2.1 billion worth of BTC and $640 million worth of ETH options will expire. The maximum pain point for Bitcoin was set at $98,000.
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Texas, Strategic Bitcoin Reserve Bill The
Texas House of Representatives has introduced a bill that would require the state to create a strategic Bitcoin reserve by accepting taxes and donations in the form of Bitcoin. The bill proposes that the state hold this reserve for at least five years.
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French Hill Named Chairman of the US Financial Services Commission
Crypto supporter French Hill has been elected chairman of the US Financial Services Commission. Hill prioritized stablecoin and market structure laws.
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Google Unveils Gemini 2.0 AI Model
Google has launched Gemini 2.0, a next-generation AI model that supports multimodal inputs and outputs. The model is capable of processing text, images, audio and video.
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Alipay Does Not Support Cryptocurrency Purchases
Alipay has denied claims that it supports cryptocurrency purchases. The company announced in an official statement that such claims are false.
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Oddo BHF Develops Euro Stablecoin
French financial company Oddo BHF has started work to develop a euro-backed stablecoin. The token is expected to launch in 2025 after regulatory approval.
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BlackRock Rejects Altcoin ETFs for Now
BlackRock announced that it prefers to focus on Bitcoin and Ethereum ETFs. The company stated that there are currently no plans for altcoin ETFs.
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AMP Buys $27 Million Worth of Bitcoin
Australian asset manager AMP bought $27 million worth of Bitcoin. The company manages a total of $56 billion in assets.
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Grayscale Announces Lido and Optimism Trusts
Grayscale has launched two new trust funds offering investment in the Lido DAO and Optimism ecosystems. This step aims to give investors access to the DeFi ecosystem.
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BlackRock: Bitcoin Allocation Mayısısısıs Be Limited to 2%
BlackRock stated that it is reasonable to allocate 1-2% of portfolios to Bitcoin. The company believes that Bitcoin’s low correlation can reduce overall investment risk.
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UK to Require Companies to Disclose Crypto Risk The
Bank of England has demanded that companies disclose their crypto risks by Mart 2025. The regulator wants crypto policies to be clarified with the Basel Framework.
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Satoshi Action Fund to Introduce New Bill
Satoshi Action Fund announced that it will introduce a new version of its “Strategic Bitcoin Reserve” bill next week. The bill includes strategic regulations regarding Bitcoin reserves.
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