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France proposes €10,000 fines for undeclared self custody crypto holdings

French lawmakers have approved a proposal requiring individuals holding at least €100,000 ($112,000) in self custody cryptocurrencies to declare their assets to tax authorities or risk fines of up to €10,000. Summary French lawmakers have backed a proposal requiring individuals with at least €100,000 in self custody crypto holdings to declare their assets annually. Failure…

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Why This Could Be Big for BTC

BTC’s price recovery from the early July lows have dramatically improved conditions for miners. The impact has started to show. CryptoQuant’s latest weekly report, shared with CryptoPotato, said that bitcoin miners’ revenues have jumped 78% from the July lows, profitability has improved, and the extreme miner outflows have disappeared. After concluding that these major…

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Nasdaq CEO says tokenization could unlock billions

Nasdaq CEO Adena Friedman has said blockchain tokenization could release tens of billions of dollars currently tied up as collateral in global financial markets, while creating opportunities for financial institutions to move toward round-the-clock trading. Summary Nasdaq CEO Adena Friedman said tokenization could free billions of dollars tied to financial collateral. Friedman identified Treasury securities,…

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