India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed.Source
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim Scott’s entry into actual crypto discussion.Source
The miner said its adjusted EBITDA swung to loss, compared to previous quarter’s profit.Source
Coinbase (COIN) reported second-quarter earnings on Thursday.Source
MicroStrategy reported second-quarter earnings on Thursday.Source
The European Securities and Markets Authority released an opinion report to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.Source
The former CEO of crypto platform Uphold, J.P. Thieriot, is trying to drum up crypto support for Vice President Kamala Harris as she pursues the Democratic nomination in the presidential election, arguing that former President Donald Trump is offering empty promises to the industry and Harris is signaling a new openness.Source
Terraform Labs co-founder and fraudster Do Kwon is once again set to be extradited from Montenegro to his native South Korea, after a ruling from the Balkan nation’s court of appeals Thursday.Source
The bullish news continued on Thursday morning, but sellers remained in control of the market.Source