US To Reign As Global Hub For Crypto And AI, President Trump Declares In Latest Address | TheSpuzz

US To Reign As Global Hub For Crypto And AI, President Trump Declares In Latest Address | TheSpuzz

Source: Bitcoinist In a landmark speech following his inauguration as the 47th President of the United States, Donald Trump announced his administration’s ambitious plans to position the country as the global capital of both artificial intelligence (AI) and crypto.  Trump Embraces Crypto In a video shared on social media platform X (formerly known as Twitter),…

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MicroStrategy May Face Tax Issues Over  Billion Unrealized Bitcoin Gains: Report | TheSpuzz

MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report | TheSpuzz

Source: Bitcoinist According to a report by The Wall Street Journal, business intelligence firm MicroStrategy may face significant tax liabilities on its unrealized Bitcoin (BTC) gains, valued at $19 billion. MicroStrategy, notably the world’s largest corporate BTC holder, currently holds more than 430,000 BTC on its balance sheet. Unrealized Bitcoin Gains Could Pose Challenges For…

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Crypto Exchanges Under Scrutiny as Canada Cracks Down On Drug-Related Money Laundering

Crypto Exchanges Under Scrutiny as Canada Cracks Down On Drug-Related Money Laundering

Source: Bitcoinist Canada appears to be tightening its surveillance of cryptocurrency transactions as part of an ongoing effort to combat money laundering linked to synthetic opioids—hard drugs. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) recently issued an alert pointing out how digital assets are being used to “clean illicit funds tied to…

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Ethereum Prepares For A Breakout After 4 Years in Bullish Pennant – U.S. Gov Ramps Up Crypto Activity | TheSpuzz

Ethereum Prepares For A Breakout After 4 Years in Bullish Pennant – U.S. Gov Ramps Up Crypto Activity | TheSpuzz

Source: Bitcoinist Ethereum has faced lackluster price action over the past year, underperforming both Bitcoin and many altcoins in the market. Once considered a leader in the crypto space, ETH has struggled to match the explosive growth seen in other digital assets, leaving many investors disappointed. However, this trend may soon reverse, as ETH shows…

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