Nigeria Planning to Present Law to Tax Crypto by September: Report
Nigeria’s Federal Inland Revenue Service (FIRS) plans to bring a bill for taxing the crypto industry to parliament by September, news outlet Punch Nigeria reported on Saturday.Source
First Mover Americas: XRP Outperforms as Digital Assets Start Week in the Red
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises $3.5M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.Source
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.Source
CoinDesk 20 Performance Update: UNI leads with 3.8% Gains as Index Rises
Twelve assets in the CoinDesk 20 Index gained, with ADA joining UNI among the largest advancers.Source
Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.Source
First Mover Americas: Crypto Trades Little Changed Following Thursday’s Slide
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
BlackRock is now the largest holder of the two assets in publicly traded funds.Source
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.Source