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The Bank of Canada cuts its key rate by 50 basis points to 3.75%, marking its largest move in over four yearsโglobal liquidity boost is here.
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Nigeria drops money laundering charges against Binance exec Tigran Gambaryan, ending a six-month trial.
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Tesla still holds 11,509 $BITCOIN worth almost $780 million and recent wallet transfers were just internal shuffling, per Arkham Intelligence.
Despite recent large $BITCOIN transfers amounting to $780 million, Arkham Intelligence suggests that Tesla still retains ownership of its entire $BITCOIN stash. The transfers, seen as a potential market destabilizer, were actually wallet rotations, and no further transactions have occurred since. Tesla's strategy might involve consolidating $BITCOIN assets for potential custodial purposes, and updates on their intentions may be revealed in the upcoming earnings call.
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Denmark Tax Council recommends bill to tax unrealized crypto gains, potentially taking effect in 2026 if passed.
Denmark's Tax Law Council has proposed a bill aimed at taxing unrealized gains and losses on crypto assets for Danish investors, potentially starting in 2026. The council suggests a uniform taxation approach with three models, leaning towards "inventory taxation," imposing continuous capital income tax regardless of asset sale. The proposals are still pending parliamentary evaluation and are part of a wider international trend towards stricter tax regulations on both crypto and traditional financial assets.
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Tether - Proposes Blockchain Backed Overhaul of Boron Market
Tether Holdings has proposed using digital assets and blockchain technology to revolutionize Turkey's boron market and establish a digital-asset exchange in Istanbul.
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