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United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party.
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The suit was filed by law firm Kneupper & Covey in the United States District Court for the Northern District of California. According to the BiT Global attorneys, Coinbase has been onboarding memecoins for trading on its platform while challenging wBTC compliance with listing standards shortly after releasing a similar product.
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According to local media reports, behind the leadership overhaul is Milei’s fiscal policy. During his first year at Argentina’s Casa Rosada — akin to the United States White House — Milei sought deep economic reforms in the country, including staff reductions and a restructuring of the tax system. The tax agency faced criticism for allegedly high salaries, leading to internal tensions within the government.
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The agency will now be headed by Juan Pazo, a lawyer who had recently been announced as secretary of international economic relations at the Ministry of Foreign Affairs.
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In an announcement on X, Milei’s office stated that his administration won’t target digital businesses in the country:
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The tax plan would require digital content creators to report income generated from social media platforms, such as YouTube, Instagram and Twitch, including earnings from brand deals and advertising.
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According to local media reports, Florencia Mizrahi, who had served as the head of Argentina’s federal revenue agency, known as ARCA, was removed from her position following growing criticism over a new tax regime targeting streamers and influencers in the Latin American country.
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Argentine President Javier Milei has fired the head of the country’s tax authority amid backlash over a controversial tax targeting streamers and influencers.
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Chainlink is a participant in the Monetary Authority of Singapore’s Project Guardian and as part of that project developed technology to allow users to establish privacy settings for their data.
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Chainlink has predicted that the tokenized asset market will be worth $10 trillion by 2030. The company has partnered with SWIFT to allow users of the legacy messaging system to interact with blockchain technology.
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Chainlink Labs global head of banking and capital markets and Chainlink Labs Abu Dhabi senior executive officer Angie Walker said, “The MENA region has become a global destination for innovators from around the world and a hub for the adoption of onchain finance.”
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Chainlink Labs, a primary developer of Chainlink, also announced that it was setting up an entity in Abu Dhabi under the ADGM Registration Authority as a base for expansion in the Middle East and North Africa (MENA) region.
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