Crypto News
Insiders Report Report Kamala Harris Backs Biden’s Plan to Tax Unrealized Gains
As Kamala Harris eyes the presidency, reports highlight the Harris-Walz campaign’s backing of President Joe Biden’s budget proposal. This plan seeks to raise capital gains to 44.6% and introduces a 25% minimum tax on unrealized gains for Americans with over $100 million in wealth. Harris is also targeting an increase in the corporate tax rate,Source link
Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum’s Tokens as Securities
Prometheum is forging ahead with its strategy to comply with the U.S. Securities and Exchange Commission's view on cryptocurrency transactions by letting two more tokens into its custody operation for crypto securities, whether the rest of the industry agrees or not.Source link
ENS Labs Partners With Dentity to Advance Real-World Credentials For Web3
Both companies plan to integrate verifiable credentials on-chain to bridge the gap between off-chain and online identities.Source link
Hong Kong Monetary Authority Announces Tender Results for PBOC RMB Bills
The Hong Kong Monetary Authority (HKMA) announced the results of the tenders for the People's Bank of China (PBOC) RMB Bills held on 21 August 2024. (Read More)Source link
Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.Source link