Florida Sen. Gruters proposes Bitcoin investment bill for state funds

The latest proposal from a group of House Democrats seeks to change how updates to the tax code affect crypto entities “who do not engage in brokerage services.” 1722 Total views 27 Total shares Lawmakers from both sides of the aisle are fighting back against changes to tax reporting rules for crypto brokers and transactions…

United Nations (UN) secretary-general António Guterres said the organization must embrace blockchain technology. According to a Dec. 28 Forbes report, Guterres believes that blockchain should be among the technologies used by the UN. “For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can…

Two state representatives in Rhode Island introduced a new bill promoting blockchain and technology adoption in the state. Rhode Island representatives David Place and Blake Filippi introduced a new bill on March 11 known as the “Rhode Island Economic Growth Blockchain Act.” The motion aims to provide green pastures for blockchain innovation growth, ensuring Rhode Island’s…

Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele. 292 Total views 15 Total shares The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients.The firm’s CEO Philipp Rickenbacher confirmed the move into the cryptocurrency space…

A collection of 100 “intelligent NFTs” will be auctioned in Binance on Dec. 16 as Sophia takes a trip into the Metaverse. 1010 Total views 5 Total shares A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse…

Bitcoin (BTC) gained about 40% in January, its best finish in the first month of the year since 2013. The sharp rally caused a change in sentiment and the futures markets which saw backwardation in November and December started trading at a healthy contango in January, according to Glassnode.Coming out of a bear market low,…

Cryptocurrency derivatives exchange FTX has launched Bitcoin (BTC) options trading on Jan. 11.FTX CEO Sam Bankman-Fried announced in a tweet yesterday that options were listed on the trading platform. Furthermore, later the same day he also claimed that options trading volume on the exchange reached $1 million in about 2 hours.Noteworthy volumeWhile the announcement does…