Hundreds feared dead in Mayotte as rescue workers race against time

Saint-Denis de la Reunion, France – Rescuers were hard pressed Monday to reach survivors after a devastating cyclone hit the French Indian Ocean region of Mayotte, destroying homes across islands and leaving hundreds feared dead. Images from Mayotte, which like other French overseas territories is an integral part of France and governed from Paris, showed … Read more

Ukraine would follow the bitcoiner path of El Salvador

According to the head of the Fiscal Committee of the Ukrainian parliament, Danylo Hetmantsev, the country will legalize cryptocurrencies in 2025. The information was published by Ukrainska Pravda. Hetmantsev’s statements came at a recent forum on investment opportunities. The lawyer and economist stated that there is currently a working group working on a project to … Read more

They ask to delay the entry into force of MiCA in the European Union

The deadline for the entry into force of the Regulation for the Cryptoasset Market (MiCA) of the European Union (EU) is scheduled for December 30. And with just three weeks left until the deadline, most countries in the region are not prepared for the legislation. This is according to a group of cryptocurrency and blockchain … Read more

An exchange is giving away 45,000 euros in cryptocurrencies as a Christmas gift

Every week in December, Bitvavo will be giving away cryptocurrency to eligible participants. To participate you must register on the platform and operate with at least 200 euros per week. December is here and the holiday spirit is in the air. To celebrate this season, Bitvavo has a campaign to give away cryptocurrencies to new … Read more

France wants taxes for bitcoin that justify its fight against “tax injustice”

The French National Assembly must evaluate the project and decide whether to approve it or not. In addition to these profits, land, investments and tangible personal property are taxed. The French Senate approved a series of amendments to the 2025 finance bill, including taxes on unrealized profits from bitcoin (BTC) and other cryptocurrencies. Are modifications … Read more

Former Binance executive denounces the exchange for bribery

Amrita Srivastava is the complainant, who was fired in May 2023. Binance says it was already aware of the bribery case and that Srivastava was fired for poor performance. Amrita Srivastava, a former senior executive at Binance in London, filed a formal complaint with an employment tribunal in that city against the cryptocurrency exchange. Srivastava … Read more

Tether stopped issuing EURT, its stablecoin linked to the euro

Users who hold EURT have one year to redeem their funds. The decision aligns with the MiCA Law, which regulates stablecoins in the EU. Tether, the company behind the world’s largest stablecoin, USDT, announced that it has suspended support for EURT, its euro-based stablecoin. In a release published this Wednesday, November 27, they reported that … Read more

Putin bans Bitcoin mining in occupied Ukraine

The suspension would go from December 1 to March 2025, and would last until 2031. In the past, mining companies have provided heat to residences and industries. The Russian government announced on November 19, 2024 its plans to ban Bitcoin (BTC) mining during the winter in some regions of the country and at sites taken … Read more

Candidate proposes bitcoin in Poland’s reserves, what does this mean for Europe?

Despite the political challenges, the proposal can break new ground in Europe. The community hopes that more proposals will emerge to include bitcoin in reserves. “Poland should create a strategic reserve of bitcoin,” proposes presidential candidate Sławomir Mentzen, clearly inspired by Donald Trump’s recent victory as president of the United States. Mentzen, following in Trump’s … Read more

They want to delay CBDC and prioritize the use of cash in Norway

Only around 2% of Norwegians use cash, which would make them vulnerable to CBDCs. The Norwegian government has urged the use of banknotes and coins in commercial premises. Payments committee advising Norwegian politicians recommends not rushing central bank digital currencies (CBDCs). According to his assessment, there is, to begin with, no clear consensus on whether … Read more