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BPI targets August for BTC tax relief, but warns time is running out

The Bureau of Internal Revenue (BPI) in the Philippines aims to implement tax relief for Bitcoin (BTC) transactions by August, addressing concerns from the cryptocurrency community. However, officials caution that the timeline is tight, and stakeholders must act quickly to ensure the relief measures are finalized. The BPI's initiative comes in response to growing demands for clearer regulations and support for the crypto sector. If successful, this could significantly impact the adoption and trading of BTC in the country.

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Strategy resumes Bitcoin acquisitions with $43M BTC buy

Strategy has resumed its Bitcoin acquisitions, purchasing $43 million worth of BTC. This move reflects a renewed confidence in the cryptocurrency market despite previous volatility. The company aims to bolster its digital asset portfolio as part of its long-term investment strategy. This acquisition marks a significant commitment to Bitcoin, highlighting

Augustus gets conditional OCC approval for AI and stablecoin bank

Augustus has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a bank that will focus on artificial intelligence (AI) and stablecoin services. This marks a significant step for the company as it aims to integrate advanced technology into banking operations. The approval is

Crypto and AI could be dirty words on 2026 midterm campaign trail

As the 2026 midterm elections approach, candidates may distance themselves from cryptocurrencies and artificial intelligence due to growing public skepticism and regulatory scrutiny. Polls indicate that many voters view crypto as risky and associate AI with job displacement and ethical concerns. This sentiment could lead to candidates adopting more cautious

Banking groups escalate fight over stablecoin yield ahead of Senate vote

Banking groups are intensifying their efforts to secure favorable regulations regarding stablecoin yields as a Senate vote approaches. The debate centers on whether banks should be allowed to offer interest on stablecoin deposits, which could significantly impact the competitive landscape between traditional banks and crypto firms. Some banking associations argue

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Strategy resumes Bitcoin acquisitions with $43M BTC buy

Augustus gets conditional OCC approval for AI and stablecoin bank

Crypto and AI could be dirty words on 2026 midterm campaign trail

Banking groups escalate fight over stablecoin yield ahead of Senate vote