Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
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Aussie federal budget reaffirms BTC won’t be treated as foreign currency
The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.” 157 Total views 2 Total shares The first federal budget under the Anthony Albanese led-government has outlined that Bitcoin (BTC) will continue to be treated…

African economies show high potential for digital asset adoption
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.

EU to see comprehensive crypto regulation by 2024
Crypto continues its trek into the mainstream. The European Union, or EU, plans to incorporate crypto and blockchain technology into its main processes by 2024. Over the next four years, the economic union aims to firm up fresh regulations that will promote blockchain and digital asset usage for international money transfers, according to details from internal documents that…

UNICEF Launches Cryptocurrency Fund Supported by Ethereum Foundation
UNICEF, the United Nations Children's Fund, has launched a cryptocurrency fund to support open source technology “benefiting children and young people around the world.”According to the official announcement published on Oct. 8, UNICEF thus became the first U.N. organization “to hold and make transactions in cryptocurrency,” namely Bitcoin (BTC) and Ether (ETH). UNICEF executive director…

Binance suspends euro stablecoin after 200% price surge
"We will assist the AEUR project team to provide reasonable compensation to affected users" within 72 hours, the exchange said. 156 Total views 1 Total shares Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing.According to the Dec. 6

Why institutions are hesitant about decentralized finance — Shibtoshi
Regulators should work with DeFi firms to craft sensible policies instead of "unnecessarily stringent rules," Shibtoshi told Cointelegraph. 3183 Total views 6 Total shares Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and

Zero-knowledge proofs coming to Bitcoin, overhauling network state validation
Bitcoin (BTC) users will soon be able to use zero-knowledge proofs (ZK-proofs) to expedite the process of verifying individual blocks and, eventually, the entire blockchain. ZeroSync Association, a Swiss-based nonprofit, is developing tooling which allows users to validate the state of the Bitcoin network without having to download the blockchain or trust a third party for…

USDT issuer Tether responds to Chinese securities exposure reports
USDT issuer Tether said that they “do not condone” the behavior of the media outlets and highlighted that the materials presented do not reflect what Tether is at present. 814 Total views 11 Total shares Stablecoin-issuer Tether has published a lengthy response to reports that the reserves of Tether (USDT), one of the largest stablecoins,…