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Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme

Ukraine’s top financial regulator is floating the idea of taxing cryptocurrency as personal income, with possible carveouts for certain foreign asset-backed stablecoins, under a newly proposed taxation matrix published on Tuesday. In a translated …

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The Protocol: EigenLayer Ready to Launch Missing Feature

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: EigenLayer Finally Ready To Launch Critical …

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Former Ethereum Developer Virgil Griffith Leaves Prison, Seeks Pardon

Virgil Griffith, a former Ethereum developer jailed for attending a crypto conference in North Korea in 2019, was released from prison and is on his way to a halfway house, according to his lawyer, Alexander Urbelis. Urbelis, general counsel of the …

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Private Equity Giant Apollo Invests in Real-World Asset Platform Plume

Plume, a blockchain platform focused on real-world assets (RWAs), said on Tuesday it secured an investment from funds managed by private equity giant Apollo Küresel Management as it looks to scale up its infrastructure and bring more traditional …

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Inside North Korea’s Favorite Crypto Laundering Tool: THORChain

John-Paul Thorbjornsen, a former Australian Air Force pilot turned crypto entrepreneur, has spent recent weeks promoting his new crypto wallet, “Vultisig.” Built on THORChain — a blockchain he founded to allow crypto swaps without …

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SEC Staff to Reassess Biden-Era Crypto Guidance Amid Regulatory Shakeup

Staff at the U.S. Securities and Exchange Commission (SEC) are reviewing past crypto-related guidance to determine whether it still reflects the agency’s current priorities, according to a statement from acting chairman Mark Uyeda, posted on social …

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Bitcoin Developer Proposes Hard Fork to Protect BTC From Quantum Computing Threats

Bitcoin could be headed for its most sweeping cryptographic overhaul yet if a new proposal gains traction. A draft Bitcoin Improvement Proposal (BIP) titled Quantum-Resistant Address Migration Protocol (QRAMP) has been introduced by developer Agustin …

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Gold-Backed Cryptocurrencies Retreat From All-Time Highs Amid Stock-Market Rout

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) retreated from record highs on Friday amid a küresel financial-markets sell-off that erased $2.5 trillion from U.S. equities alone in a single day after U.S. President Donald …

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March Jobs Report a ‘Heads I Win, Tails You Lose’ Moment for Bitcoin Bulls

As the pivotal U.S. nonfarm payrolls (NFP) report for March approaches, bitcoin (BTC) bulls find themselves in a situation reminiscent of the character Two-Face (Harvey Dent) from the movie “The Dark Knight,” who flips coins to make …

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Solana’s Jupiter Buys DRiP Haus, DeFi Exchange’s First NFT Play

Non-fungible tokens (NFTs) may be well off their frothy heights, but don’t tell that to Jupiter. Solana’s top DeFi exchange just brought digital collectibles platform DRiP Haus into its orbit. The acquisition is part of Jupiter’s push to become what …

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