Brazil has ended its cryptocurrency tax exemption, imposing a flat 17.5% tax on all digital asset gains, including self-custody and offshore holdings.
The measure replaces the previous progressive tax rates and broadens the tax base, potentially reducing the tax burden on large investors while increasing it on smaller traders. #GlobalAssets #investment #crypto
Matthew Sigel, head of digital asset research at VanEck, warned that at least one Bitcoin inventory company (SMLR) is currently trading close to parity with its net asset value. He pointed out that continuing to raise funds through market issuance to purchase Bitcoin in this situation will dilute rather than create shareholder value.
Sigel suggested that companies set up protective mechanisms, including suspending issuance when the stock price is lower than the net value, prioritizing stock repurchases, and adjusting executive compensation structures. He called on the board of directors to take timely action to avoid repeating the mistakes of mining companies' excessive issuance of shares and excessive executive compensation.#GlobalAssets #investment #crypto
Tokyo-listed Metaplanet purchased 1,112 additional BTC at a unit price of $105,435, with a total investment of $117.2 million. The company's total BTC holdings have reached 10,000, with a total cost of approximately $947 million (average price of $94,697). Since 2025, its BTC investment return has reached 266.1%.#GlobalAssets #investment #crypto
PayPal has announced the expansion of its PYUSD stablecoin to the Stellar blockchain to enhance cross-border remittances and payment financing solutions.#GlobalAssets#investment#crypto
Ukraine has registered a draft law proposing the creation of a national crypto reserve.
Member of Parliament Yaroslav Zheleznyak said the bill would allow the National Bank of Ukraine to include virtual assets in its gold and foreign exchange reserves, helping the country keep pace with global financial innovations.#GlobalAssets #investment #crypto
Sam Altman's World Chain integrated Circle's USDC and CCTP V2, replacing the bridged USDC with a natively issued stablecoin on its network.#GlobalAssets#investment#crypto
Cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC) increased its holdings of 38 bitcoins, bringing the company's total bitcoin holdings to 138. #GlobalAssets#investment#Crypto
According to industry sources, Walmart and Amazon are exploring the possibility of issuing their own stablecoins.
While no official announcement has been made, the two companies are said to be evaluating regulatory frameworks and potential use cases related to payments, loyalty programs, and digital marketplaces. #GlobalAssets #investment #Crypto
Shopify will begin supporting USDC payments later this year, starting with a pilot for select US and European merchants in late June before expanding to the entire platform.
Developed by Coinbase and integrated with Stripe, the exit feature runs on Base and supports refunds and chargebacks.#GlobalAssets #investment #crypto
The number of initial jobless claims in the United States for the week ending June 7 was 248,000, higher than the expected 240,000, the highest since the week ending October 5, 2024. The U.S. core PPI monthly rate in May was 0.1%, lower than the expected 0.30%. Traders once again fully priced in two interest rate cuts by the Federal Reserve this year.#GlobalAssets #investment #crypto
Coinbase will launch perpetual contracts in the United States, and the increase in business will further stimulate and boost CB stock.#GlobalAssets#investment#crypto
The U.S. Senate passed the GENIUS Act stablecoin bill by a vote of 68-30, with a final vote expected as early as next Monday.
The bill would require stablecoins to be fully backed by U.S. dollars or similar liquid assets, require annual audits for issuers with a market value of more than $50 billion, and add provisions regarding foreign issuance.#GlobalAssets #investment #crypto
At the beginning of June, the number of unique addresses on the Ethereum network reached a record high of 17.4 million. Since the beginning of the second quarter, the number of ETH addresses interacting across blockchains has jumped 70.5%. On June 10, the number of active Ethereum addresses reached 16.4 million, reflecting continued high levels of on-chain activity.#GlobalAssets #investment #crypto
Cryptocurrency fund inflows hit a record $7.05 billion in May as institutional investors stepped up their investments in digital assets amid heightened market uncertainty, reflecting growing confidence in cryptocurrencies as a macro hedge and portfolio diversification tool.#GlobalAssets #investment #crypto