Original: https://decrypt.co/153524/central-african-republic-eyes-tokenizing-its-natural-resources
By: Andrew Throuvalas
Posted: August 24, 2023, 1:34 am

Original: https://decrypt.co/153563/dogecoin-millionaire-bags-3-million-to-50000-dollars-has-not-lost-faith
By: Mathew Di Salvo
Posted: August 24, 2023, 12:49 am

Original: https://decrypt.co/153544/ai-voice-cloning-30-languages-elevenlabs-startup
By: Jose Antonio Lanz
Posted: August 23, 2023, 10:03 pm

Original: https://decrypt.co/153481/tornado-cash-money-laundering-charges-arrest-justice-department
By: Mathew Di Salvo
Posted: August 23, 2023, 6:10 pm

Original: https://www.coindesk.com/business/2023/08/23/thailands-new-pro-crypto-prime-minister-was-an-active-crypto-investor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Reynolds
Posted: August 23, 2023, 8:00 am

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rssimport:source : Forbes

Posted: August 19, 2023, 6:44 pm

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rssimport:source : Analytics Insight

Posted: August 19, 2023, 6:00 pm

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rssimport:source : CryptoPotato

Posted: August 19, 2023, 4:16 pm

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rssimport:source : Cointelegraph

Posted: August 19, 2023, 4:02 pm

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rssimport:source : The Coin Republic

Posted: August 19, 2023, 3:58 pm

Original: https://news.google.com/rss/articles/CBMihgFodHRwczovL3VrLmludmVzdGluZy5jb20vbmV3cy9zdG9jay1tYXJrZXQtbmV3cy9leHBlcnQtYmVsaWV2ZXMtb25lLWNhdGFseXN0LWNvdWxkLXRyaWdnZXItYml0Y29pbi10by1leHBsb2RlLWJ5LW1vcmUtdGhhbi00NTAtMzEyODg0NdIBkgFodHRwczovL20udWsuaW52ZXN0aW5nLmNvbS9uZXdzL3N0b2NrLW1hcmtldC1uZXdzL2V4cGVydC1iZWxpZXZlcy1vbmUtY2F0YWx5c3QtY291bGQtdHJpZ2dlci1iaXRjb2luLXRvLWV4cGxvZGUtYnktbW9yZS10aGFuLTQ1MC0zMTI4ODQ1P2FtcE1vZGU9MQ?oc=5

rssimport:source : Investing.com UK

Posted: August 19, 2023, 2:34 pm

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rssimport:source : Forbes

Posted: August 19, 2023, 11:45 am

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rssimport:source : MarketWatch

Posted: August 18, 2023, 7:04 pm

During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and custodied by corporations should not be feared, outlining three main reasons driving the need for custodians.

During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and holding Bitcoin (BTC) in their custody should not be a cause for concern.

While speaking to Natalie Brunell on the Coin Stories podcast, released on Aug. 7, Saylor emphasized the inevitability of third-party and corporate participation growing in the Bitcoin space. 

However, he suggested that while Bitcoin enthusiasts may desire total self-control, or sovereignty, over their Bitcoin, it might not be the only answer, as people will be using Bitcoin for diverse purposes.

“We need to be prepared for Bitcoin to infuse everything,” Saylor stated, explaining that as Bitcoin becomes more integrated into society, it will have many use cases, and there will not be a one-size-fits-all model.

“There are different types of wrappers. Some people will always be self-custody, some will be multisig, some will need a layer-3 custodian. There will be a need for political or utility or functionality purposes.”

Saylor outlined three main reasons underpinning the need for custodians: technical, political and natural.

From a political standpoint, relying on a third party might be the only course of action.

“The mayor of New York is still the mayor of New York. Unless you get rid of New York City, California or Iceland, the country, political reasons will mean the need for custodians.”

Related: Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin

On the technical side, there will be people that will want to transact in crypto with their mobile phones, so trusting layer-3 third parties, such as Bank of America and Apple, will be unavoidable, Saylor said.

“Bitcoin is going to be a base layer. There is going to be layer 2’s like lightning to make things fast. Then there is going to be layer 3’s like Bank of America and Apple. Custodial layer 3 is going to exist to provide functionality.”

As for natural reasons, Saylor suggested the possibility that it is safer for certain people to entrust their assets to others.

He gave the example of an 85-year-old grappling with Alzheimer’s or the desire to secure holdings for a yet-to-be-born grandchild.

“I didn’t complain that my mother and father had the car keys when I was twelve years old, and I didn’t get the car key,” Saylor stated.

Saylor stated that the optimal blend of Bitcoin integrations will be determined by the market. 

“We shouldn’t be afraid of all the different ways people integrate, wrap, embed or execute with Bitcoin, there is no one right answer; the marketplace will determine the right mix of integrations of Bitcoin.“

Magazine: Why Coin Stories’ Natalie Brunell doesn’t want a Bitcoin ATH anytime soon: Hall of Flame

Original: https://cointelegraph.com/news/bitcoin-centralized-corporate-feared-michael-saylor
By: Ciaran Lyons
Posted: August 13, 2023, 6:13 am

If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.

Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports, a congressional committee has approved amendments to a bill that recognizes cryptocurrencies as "financial assets" for tax purposes in foreign investments.

In addition, the draft bill taxes gains from fluctuations in crypto asset prices against Brazil's fiat currency, as well as foreign exchange rate fluctuations. According to congressman Merlong Solano, the revision seeks to promote equal tax treatment since crypto investments abroad currently receive lower tax breaks.

Overseas earnings up to 6,000 Brazilian reais (~$1,200) will be exempt from taxation under the new rules. Earnings between 6,000 and 50,000 (~$10,000) are subject to a 15% tax rate. Above this threshold, taxes will be applied at 22.5%.

According to the legislation, changes will only apply to cryptocurrency exchanges without offices in Brazil. The new rules could make local exchanges a less costly option for some investors, in particular those with gains above the top tax bracket, legal experts said. Also, the law could boost crypto exchange activity on the national level and attract foreign players to establish offices in the country.

A number of global crypto exchanges operate in the country, including Binance, Coinbase, Bitso, and Crypto.com, as well as local players such as Mercado Bitcoin and Foxbit.

Brazil's Congress will vote on the bill on Aug. 28. If approved, the new taxation will take effect in January 2024.

Recent months have seen a rapid development of crypto-related activities in Brazil. The country's central bank recently announced a rebranding of its central bank digital currency (CBDC), now called Drex. As part of the launch of Drex, the central bank plans to introduce a tokenization system aimed at expanding business access to capital.

Magazine: Should you ‘orange pill’ children? The case for Bitcoin kids books

Original: https://cointelegraph.com/news/brazil-moves-levy-higher-taxes-cryptocurrencies
By: Ana Paula Pereira
Posted: August 12, 2023, 5:06 pm