On Episode 56 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung spoke with Taxbit’s director of government solutions, Miles Fuller, to explore the complex world of crypto taxes along with the evolving regulatory landscape under the Trump administration and Elon Musk’s Department of Government Efficiency, aka DOGE.

A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million.

At the time of publication, the SEC had not made any official announcement regarding Uniswap. However, Coinbase made a similar claim on Feb. 21 that the commission would be closing its case against the crypto exchange roughly two years after being launched. The regulator’s Enforcement Division will also be closing investigations into Robinhood Crypto and OpenSea.

In a Feb. 21 filing to the US Securities and Exchange Commission, Bgin said it would offer around 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares. Its registration statement also said it had applied to Nasdaq to list its Class A shares under the ticker “BGIN.”

The Monetary Authority of Singapore (MAS) issued 13 Major Payment Institution Licenses for crypto exchanges in 2024, more than twice as many as in 2023, according to local media reports.

Still, while Trump’s memecoin may have brought a new tranche of investors to crypto, a Chainalysis report showed that 813,000 crypto wallets lost up to $2 billion after buying the token.

The token’s launch was an “open secret in memecoin circles,” Jupiter Exchange stated in a Feb. 16 X post:

“We were completely unaware of the dealings between the principals, in this case Milei and the market makers, and were not involved in it in any way, shape or form,” added the exchange.

While there is no direct evidence incriminating Jupiter Exchange members, onchain transactions show that the token’s crash was caused by insider wallets that started cashing out on the token only three hours after it debuted for trading, causing a 94% decline.

Lawyers Marcos Zelaya and Jonatan Baldiviezo, along with engineer María Eva Koutsovitis and economist Claudio Lozano, have filed a criminal complaint that alleges Milei was complicit in fraud by promoting Libra, according to a Feb. 17 Associated Press report.

Nigeria has been a leader in crypto adoption. According to Consensys’ 2024 Perception Survey, 84% of respondents in Nigeria said they owned a crypto wallet. In its Geography of Cryptocurrency Report published in October 2024, Chainalysis ranked the country No. 2 overall in global crypto adoption, highlighting the country’s appetite for decentralized finance.

When you lose your email job, consider knitting sweaters for people out of their dogs’ hair. There’s more demand than you would ever believe 

Sanke horribly mispriced at $1500 a sweater and has a 4 year backlog. Double the price and take the jobs she can’t do https://www.nytimes.com/2024/12/24/style/dog-hair-knitting.html?unlocked_article_code=1.104.smHI.sabuT2Ii3EV_&smid=nytcore-ios-share&referringSource=articleShare

Kamal Youssefi, president of the Hashgraph Association, told Cointelegraph that the digital assets in Europe, Asia, the Middle East and Africa are booming.

The government agency says History Associates has no “reasonable basis” to believe that any letters outside this report and timeframe were covered under the original FOIA request.

Chairman Powell recently told the Senate Banking Committee that the central bank does not need to rush to cut interest rates — much to the chagrin of investors hoping for a lower rate environment in 2025.

Bitcoin analyst Julian Fahrer wrote to X on Feb. 17 that retirement funds and treasuries in California, Florida, Wisconsin, and North Carolina have the most Strategy exposure, followed by Wisconsin, New Jersey, Texas, Arizona, Colorado, Louisiana, Maryland, Utah and Illinois.

Tokenizing real-world assets (RWAs) introduces onchain and offchain challenges, which Youssefi said requires balancing to maintain consistency for this “extremely complex” process:

Google search volumes for crypto-related terms surged amid a memecoin frenzy driven by the launch of United States President-elect Donald Trump’s Official TRUMP memecoin.

amelia1son81

@amelia1son81