Hong Kong Legislator Eyes Bitcoin for Fiscal Reserves
Key Developments
A Hong Kong legislator has made a groundbreaking proposal to include Bitcoin in the city’s fiscal reserves, marking a significant step towards the...
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister’s Budget Speech
India Maintains Firm Stance on Crypto Taxes in Latest Budget Speech
Introduction
In a recent budget speech, India’s Finance Minister Nirmala Sitharaman announced that the current...
Binance Forces Derivative Upgrades: Users Face Financial Losses
Dear CryptoUpdate Readers,
We're deeply dissatisfied with Binance's recent announcement regarding upcoming changes to their derivatives products. These changes, effective from 26 June 2024, seem...
Turbo: A Memecoin Phenomenon Created by AI
The cryptocurrency landscape has witnessed a staggering rise in the value of a memecoin named Turbo, designed by digital artist Rhett Mankind using the...
Why Is the Crypto Market Up Today?
BTCUSD Consolidation Expected
The total market cap remains stable as the crypto market cools down. Bitcoin's (BTCUSD) price is expected to consolidate over the next...
