COCO PAY presents the most important Web3 news highlights from the past week. Don’t miss out!
– The leader of Japan’s Democratic Party proposed a 20% tax on crypto assets and supported the launch of cryptocurrency ETFs, viewing it as a step towards fostering the Web3 economy.
– Alcon Entertainment, the production company behind “Blade Runner 2049,” filed a lawsuit against Elon Musk, Tesla, and Warner Bros, accusing them of illegally using a frame from the film.
– Ripple co-founder Chris Larsen donated $10 million in XRP tokens to a political committee backing Kamala Harris’s presidential campaign.
– Indian regulators proposed banning private cryptocurrencies like Bitcoin and Ether, claiming that Central Bank Digital Currencies (CBDCs) are safer and enhance financial inclusion.
– SEC Chair Gary Gensler congratulated Bitcoin on its upcoming 16th anniversary. Satoshi Nakamoto’s Bitcoin white paper was published on October 31, 2008.
– Iran’s centralized crypto exchanges, closely connected with the government, are reportedly involved in circumventing international sanctions.
– Vietnam’s government approved a National Blockchain Development Strategy for 2025–2030.
– Losses from phishing, data theft, and fraud related to Coinbase in 2023 are estimated to range from $100 million to $150 million.
– Pennsylvania’s House of Representatives approved a “Bitcoin Rights Bill,” aimed at regulating digital assets and their use as a payment method.
More news is on the way soon. COCO PAY — always up-to-date!
