Lulo Invest Newsletters March 17, 2024
Lulo Invest Newsletter #49
US Election 2024: Crypto Voters Swing Towards Trump in Election Poll
Poll reveals Trump as favorite among crypto voters ahead of 2024 election, spotlighting the growing political influence of cryptocurrency.
coingape.com/us-election-2024-crypto-voters-swing-towards-trump-in-election-poll/amp
Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.
www.coindesk.com/policy/2024/03/13/thailand-greenlights-income-tax-exemption-for-investment-token-earnings-report/amp
Asia's crypto revolution: Web3 growth in the East
Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry. From the bustling tech hub of Singapore to the financial might of Hong Kong, the flourishing Web3 community in Vietnam, and the impressive technological creativity of Japan, APAC has consistently been at the forefront […]
cryptoslate.com/asias-crypto-revolution-web3-growth-in-the-east
Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange Bybit
The Securities and Futures Commission added 11 Bybit products to its list of suspicious investments.
www.coindesk.com/policy/2024/03/14/hong-kongs-markets-regulator-issues-warning-against-crypto-exchange-bybit/amp
What investors need to know about crypto taxes amid the latest bitcoin rally
The price of bitcoin hit records this week. Here are key things to know about crypto taxes for buyers and sellers.
www.cnbc.com/amp/2024/03/16/heres-how-to-calculate-crypto-taxes-amid-the-latest-bitcoin-rally.html
El Salvador moves $386m worth of Bitcoin into cold storage
El Salvador has shifted a significant portion of its Bitcoin (BTC) assets into a secure cold wallet
crypto.news/el-salvador-moves-386m-worth-of-bitcoin-into-cold-storage
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
The U.S. government also recommended an $11 billion fine and forfeiture.
www.coindesk.com/policy/2024/03/15/sam-bankman-fried-should-spend-40-50-years-in-prison-doj-says/amp
Senators pressure SEC’s Gensler not to approve any more crypto ETFs
Two democratic senators Jack Reed and Laphonza Butler have urged the SEC to clamp down on future crypto ETF approvals and asked the agency to scrutinize existing Bitcoin ETFs more heavily.
cointelegraph.com/news/senators-urge-sec-gary-gensler-reject-further-crypto-etfs
Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.
www.coindesk.com/business/2024/03/11/indian-crypto-investment-platform-mudrex-to-offer-us-bitcoin-etfs-to-indian-investors/amp
Bitcoin mining difficulty reaches new all-time high
On March 14, the difficulty of Bitcoin mining reached a new historical maximum of 83.99 T.
crypto.news/bitcoin-mining-difficulty-all-time-high-2
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