On January 25th, the latest data released by the State Administration of Taxation showed that since December 1, 2024, the country began to implement new tax reduction and exemption policies such as real estate transaction deed tax incentives. In the first month of the implementation of the policy, the tax reduction dividend continued to be released, promoting the stable and healthy development of the real estate market. Data show that in the first month of the implementation of the new real esta...
On January 25, Cynthia Lummis, the sponsor of the Bitcoin Strategic Reserve Act and chair of the Senate Banking Subcommittee on Digital Assets, posted a picture of a laser eye symbolizing bitcoin supporters on social media, with the caption Please allow me to reintroduce myself.
Real estate company Propy is about to launch a cryptocurrency mortgage service for the purchase of property. Bitcoin and Ethereum holders can use their crypto assets as collateral to obtain loans to purchase tokenized properties. Propy plans to sell a tokenized apartment in Hawaii on January 29, and the entire property tokenization process will take about two weeks to complete.
According to techinasia, the Legislative Council of Hong Kong, China, discussed the proposed stablecoin bill on January 23. This was the first meeting of the bill since its first reading on December 18, 2024. Key officials, including Deputy Secretary General for Financial Services and the Treasury Francis Ho, outlined the regulatory framework for stablecoins. The bill requires issuers to obtain a license from the HKMA and maintain a reserve of high-quality, highly liquid assets. The proposed leg...
On January 23rd, Kansas Senator Bowser introduced Senate Bill 34, which aims to invest public employees' retirement funds in bitcoin ETFs. According to the text of the bill, the bill intends to authorize the Kansas Public Employees' Retirement System (KPERS) Trust Board to invest up to 10% of the funds of the Kansas Public Employees' Retirement Fund in bitcoin ETF products.
Hours after Trump announced a major artificial intelligence investment, he was questioned by one of his closest allies, Musk, according to the AXIOS website. Musk's public sabotage of the $500 billion project led by OpenAI and other tech giants could anger Trump. The two have grown closer since Trump won back the White House, but this may be one of their most public disagreements to date....
According to the Snapshot governance page, the CoW DAO initiated proposal CIP-61 to introduce a new revenue sharing model, which proposes to implement specific methods after the revenue model experiment is completed. The main goal is to continue price improvement sharing as the main revenue model, while retaining the option to introduce a new (price improvement sharing/fee) strategy for testing. If passed, the proposal will take effect on February 1, 2025.
According to a report by BitcoinNews, the US state of Utah has proposed a new bill that would allow the state government to allocate 10% of its funds to bitcoin and other cryptocurrency investments.
On January 21, according to Cointelegraph, El Salvador has once again stepped up its efforts to promote itself as a Bitcoin nation, hosting a historic week of events from January 27 to February 1 to showcase the power of Bitcoin to promote global financial freedom.
According to official documents, U.S. Rep. Jordan Teuscher of Utah proposed strategic bitcoin reserve legislation, which aims to authorize the state treasurer to invest in specific digital assets, including virtual currencies, cryptocurrencies and stablecoins with a market value greater than $500 million, and establish relevant requirements and regulations for the management and investment of these assets. The investment ratio shall not exceed 10% of the total funds in the account.
U.S. Rep. Jordan Teuscher of Utah has proposed legislation for strategic bitcoin reserves.
According to CNBC: US artificial intelligence company Perplexity AI has proposed to merge with TikTok US and submitted a takeover offer to TikTok parent company ByteDance. The new structure will allow most of ByteDance's existing investors to retain their stake.
Republican Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week that seeks to overturn a controversial tax rule that requires certain decentralized financial brokers to file total earnings reports. A month ago, the US Internal Revenue Service created a rule that would require "DeFi brokers" to collect user transaction information in the same way as traditional securities brokers. Some "decentralized financial industry players" will have to report to...
Arkansas lawmakers have introduced a new bill that would ban cryptocurrency mining within 30 miles of any U.S. military installation in the state.