Crypto News

Former Prime Minister Pushes Crypto to Boost Thailand’s Economy

Thailand’s former prime minister has urged cryptocurrency-friendly policies and a 20% tax on online gambling, projecting billions in revenue to spur economic modernization. Ex-Prime Minister Calls for Crypto-Friendly Policies to Spur Economic Innovation Former Thai Prime Minister Thaksin Shinawatra has urged the government to prioritize cryptocurrency reforms alongside online gambling to modernize Thailand’s economy, accordingSource link

Bitcoin Faces Volatility Amid Economic Realities and Treasury Yield Surge

Bitcoin's value fluctuates due to rising US Treasury yields and regulatory actions, reflecting broader economic trends. Despite market pressures, BTC shows resilience with potential long-term stability. (Read More)Source link

Deribit CEO Confirms Strategic Investment Inquiries, Rules Out Takeover Report

Crypto derivatives platform Deribit, has received potential acquisition interest, Bloomberg reported on Wednesday, citing sources.The report added that the firm is working with Financial Technology Partners to review the opportunities. Deribit CEO Luuk Strijers told CoinDesk that the options platform had appointed FT Partners as an advisor for general advisory services and potential secondaries, back in 2023."The interest in Deribit is due in part to the fact that we have continued to be the overwhelming market-leading exchange for digital asset options trading," Strijers said."In short, Deribit has not been put up for sale. Over time, we have received interest in strategic investments from a variety of parties, which we will not disclose," Strijers added.The firm may valued at $4 billion-...

BitMEX Introduces RAYUSDT, AIXBTUSDT, and AI16ZUSDT Perpetual Swaps with 50x Leverage

BitMEX has launched new perpetual swap listings for RAYUSDT, AIXBTUSDT, and AI16ZUSDT, enabling traders to leverage up to 50x, as announced on January 15, 2025. (Read More)Source link

New UK Cybersecurity Proposals Aim to End Ransomware Payments in Public Sector

The UK government has unveiled groundbreaking proposals to combat ransomware attacks, focusing on safeguarding critical infrastructure such as hospitals, public services, and transportation networks. These measures aim to diminish the financial appeal of ransomware by banning all public sector entities, including the NHS and local councils, from making ransom payments. This ban extends current restrictionsSource link