Crypto

A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users who realize a capital gain from the sale of their crypto assets. Bill Just Two Readings Away From Presidential Assent A Kenyan parliamentary committee…

Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an alternative to inflation. Coinbase CEO Brian Armstrong: Crypto Might Be ‘an Antidote to Inflation.’ Brian Armstrong, CEO of Coinbase, has…

In the recent surge in the cryptocurrency market, the BRC20 token ORDI has experienced substantial growth. This week, it reached a new milestone with its market capitalization surpassing the $1 billion threshold. The token’s value has soared by 676% in the past month and by 189% in just the last week alone. ORDI Token’s Meteoric Rise During this period of widespread gains in the crypto sector…