UAE Brings Crypto in Line with Traditional Finance by Exempting VAT

The UAE has officially exempted cryptocurrency transactions from value-added tax (VAT), retroactively applying the rule to transactions dating back to January 1, 2018, significantly benefiting businesses and investors in the crypto ecosystem.
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Tether Celebrates 10 Years with $120B Market Cap and 350M Users

Tether reaches a $120B market cap and 350M users globally as it celebrates 10 years in the digital finance world. Explore USDT’s role in fostering financial inclusion across blockchain networks like Ethereum and Tron, and its efforts in combating financial crimes through wallet freezes.
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US Moves To Recover $2.6 Million In Crypto Stolen By North Korea’s Lazarus Group

The U.S. government is seeking to recover $2.6 million in stolen cryptocurrency, accusing North Korea’s Lazarus Group of hacking and siphoning funds from major exchanges. Legal action targets assets from hacks in 2022 and 2023, with a focus on recovering USDT and Avalanche-bridged Bitcoin.
The post US Moves To Recover $2.6 Million In Crypto Stolen By North Korea’s Lazarus Group appeared first on Cryptonews. …

Robinhood’s Dan Gallagher Could Lead SEC If Trump Wins: Politico

Dan Gallagher, Robinhood’s Chief Legal Officer and former SEC commissioner, is seen as a leading candidate to chair the SEC if Trump wins in 2024. Gallagher’s views on digital assets are gaining attention.
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