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.

Tether Holdings has proposed using digital assets and blockchain technology to revolutionize Turkey's boron market and establish a digital-asset exchange in Istanbul.

Digital assets management platform Fireblocks has announced the launch of a $1 million grant program for companies building blockchain-based projects using the PayPal USD stablecoin, offering upto 60,000 per project for blockchain initiatives. The initiative seeks to showcase the utility of PYUSD in real-world applications by leveraging Fireblocks' advanced security technology to facilitate secure payment solutions. This comes amid growing interest in stablecoins, with PYUSD currently ranking as the sixth largest stablecoin by market capitalization.

The article discusses the concerns that $ETHEREUM’s layer-2 scaling solutions may be negatively impacting the revenue of its mainnet, a worry deemed premature by Sygnum Bank's head of research, Katalin Tischhauser. She argues that while the mainnet's revenue decrease is evident, the long-term effect of layer-2 growth could result in net positives for Ethereum’s overall revenue and transaction processing capabilities. The article emphasizes the competitive landscape $ETHEREUM faces, particularly from other blockchains, while still highlighting the innovative potential of its scaling strategy that may ultimately attract more users.

According to Arkham, Tesla has maintained its $BITCOIN assets, now totaling 11,509 BTC worth $774 million, with recent movements indicating a transfer to new wallets.

Its total $BITCOIN holdings currently is at 399,402 BTC.