Education
Receiving cryptocurrency as a gift raises important tax questions, particularly for Canadian residents. When someone receives Bitcoin or other digital assets as a gift, understanding the tax implications helps prevent future complications with tax authorities. In Canada, receiving cryptocurrency as a gift does not trigger immediate tax obligations for the
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Atai Life Sciences, a NASDAQ-listed biopharmaceutical company, has announced plans to purchase $5 million worth of Bitcoin. The company, which develops mental health treatments using psychedelics such as DMT and MDMA, joins several other public medical companies that have recently invested in cryptocurrency. Christian Angermayer, founder and chair of Atai,
100 Reasons For Bitcoin
Nations adopting Bitcoin as part of their reserves gain opportunities to build stronger international partnerships through shared blockchain infrastructure. Countries can jointly develop resource-backed tokens, cross-border payment systems, and trade platforms using Bitcoin's base layer or related technologies like the Lightning Network. These collaborative projects offer both economic
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According to a press release published on our website, Lagrange and Matter Labs have reached an agreement that will direct up to 75% of Matter Labs' outsourced proof demand to the Lagrange Prover Network over the next two years. The deal was announced on March 20th, 2025, and changes
100 Reasons For Bitcoin
Nations that hold Bitcoin in their reserves gain practical experience with decentralized assets that directly informs their approach to central bank digital currencies (CBDCs). As central banks worldwide research digital currency options, knowledge of how Bitcoin functions at scale provides real-world data on blockchain performance, security models, and user behavior.
North Carolina lawmakers have introduced a new bill that would allow the state to invest in Bitcoin as a strategic reserve asset. Senate Bill 327 (SB327), introduced on Tuesday by Republican Senators Todd Johnson, Brad Overcash, and Timothy Moffitt, proposes that the State Treasurer allocate up to 10% of public
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The North Dakota Senate has passed a bill regulating cryptocurrency ATMs with a 45-to-1 vote on March 18. House Bill 1447 includes a $2,000 daily transaction limit per user, a provision that had been modified during earlier legislative discussions. The bill aims to protect residents from scams by establishing
Education
Old smartphones can serve as Bitcoin cold wallets when properly modified. The approach involves taking a phone like an iPhone 7 Plus, resetting it to factory settings, installing a wallet app, and then physically removing all network components to create an air-gapped device. The cost advantage is significant for many
100 Reasons For Bitcoin
Export businesses across sectors face a common challenge: international payment transfers that get frozen, delayed, or lost in traditional banking systems. Nations that maintain Bitcoin as part of their reserves can offer their exporters a secure alternative payment rail that operates 24/7 with settlement finality in minutes rather than
Bitcoin
Xapo Bank, a cryptocurrency-friendly bank based in Gibraltar, has launched Bitcoin-backed US dollar loans on March 18. This new lending product allows pre-approved customers to access loans of up to $1 million while keeping their Bitcoin holdings. The service targets long-term Bitcoin holders who want to unlock cash value from
Bitcoin
Australian crypto broker Swyftx is acquiring New Zealand's crypto exchange Easy Crypto, with company leaders pointing to positive policy changes in the United States as a factor in their decision. The acquisition, set to complete on March 31, comes as industry executives anticipate more favorable regulatory conditions. Swyftx
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According to a press release published on our website, Movemaker, the official community organization of the Aptos Foundation, has launched a $2 million grant program and opened a new co-working space in Hong Kong. The organization announced these initiatives on March 18, 2025, as part of its mission to grow
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MicroStrategy has added to its substantial Bitcoin holdings with a new purchase of 130 Bitcoin for approximately $10.7 million. According to a Monday filing, the company paid an average price of $82,981 per Bitcoin in this latest acquisition, according to a monday morning filing. The Michael Saylor-led company
100 Reasons For Bitcoin
Nations that incorporate Bitcoin into their reserves gain more than just a hedge against inflation—they build the foundation for a completely modernized financial system. The Bitcoin network provides a secure, transparent protocol layer upon which digital identity systems, efficient payment networks, and automated financial services can be constructed. As
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A Brazilian federal deputy has put forward legislation that would allow employers to pay portions of salaries in cryptocurrencies like Bitcoin. The bill, filed on March 12, would require at least 50% of wages to remain in Brazilian real while permitting the remainder in digital assets. Federal Deputy Luiz Philippe
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The Bank of Korea (BOK) has officially stated it has not considered adding bitcoin to its foreign exchange reserves. The statement came Sunday in response to a written query from a member of the National Assembly's Strategy and Finance Committee. According to the Korea Economic Daily, the central