Robinhood’s continuous tokenization efforts could impact NYSE earnings: Galaxy Digital
Galaxy Digital has pointed out that Robinhood’s initiative to tokenize stocks on a new Ethereum-compatible blockchain could potentially divert trading volumes from established exchanges like the NYSE, which might negatively impact revenues tied to trading fees and market data. During the ETHCC meeting this week, Vlad Tenev, CEO of Robinhood, detailed the company’s plans for […]
Senate Republican presents a plan for taxing digital assets
New Cryptocurrency Tax Regulation Announced by Senator Lummis On Thursday, Senator Cynthia Lummis from Wyoming introduced a law aimed at updating tax regulations for cryptocurrency. This move comes as Congress works toward establishing a clear regulatory framework for digital assets. “To remain competitive, we need to adapt tax laws to support the digital economy instead […]
Canada retracts its digital services tax after Trump announced the end of trade talks.
Canada Withdraws Digital Services Tax Amid Trade Negotiations In a surprising move, Canada has decided to discard its planned digital services tax. This decision comes just a day before the tax was set to go into effect, with officials indicating it was driven by hopes for a comprehensive trade agreement with the United States. This […]
Canada cancels digital services tax for the US: What is it and why did Trump want it eliminated?
The Canadian government has decided to retract its Digital Services Tax, which was set to begin on Monday, following threats from President Donald Trump regarding trade negotiations between the US and Canada related to taxes. A year ago, Canada introduced a 3% digital services tax aimed at major tech companies that generate over $20 million […]
Canada Repeats Digital Services Tax After Trump Halts Trade Discussions
Canada Withdraws Digital Services Tax Amid Trade Tensions Canada has opted to retract its Digital Services Tax following President Donald Trump’s suspension of trade discussions, aiming for renewed negotiations. According to reports from Breitbart News over the weekend, Trump ended trade dealings with Canada due to imposed taxes on U.S. technology products. He stated, “Canada, […]
Canada withdraws digital services tax aimed at US tech companies to move forward with stalled trade discussions
Canada scrapped its digital services tax aimed at U.S. tech firms late Sunday, just hours before it was set to be implemented, to rekindle trade discussions with the United States. Canadian Prime Minister Mark Carney and President Donald Trump are poised to restart negotiations, aiming to finalize an agreement by July 21, as stated by […]
Canada withdraws digital services tax, negotiations with the US to continue
Canada and US Resume Trade Discussions After Tax Withdrawal Canadian Prime Minister Mark Carney plans to restart trade negotiations with US President Donald Trump, following Canada’s announcement of its withdrawal from the Digital Services Tax this past Sunday. The Canadian government stated that the decision to retract the Digital Services Tax aims at paving the […]
Canada plans to eliminate a digital services tax to renew trade discussions with the US.
Canada to Withdraw Digital Services Tax Canada has announced it will be withdrawing its Digital Services Tax, a measure aimed at taxing online businesses. This decision comes as the government seeks to resume trade negotiations with the United States. US President Donald Trump had previously canceled trade discussions, labeling the tax a “direct and blatant […]
Vitalik presents ‘pluralistic’ IDs to enhance privacy in digital identity systems
Vitalik Buterin’s Vision for Digital Identity Vitalik Buterin, one of the minds behind Ethereum, has suggested a new approach to digital identity known as “pluralistic identity.” This system aims to safeguard privacy while ensuring equitable participation in the digital realm. In a blog post published recently, Buterin explored the potential benefits and drawbacks of Zero […]
Bit Digital Reveals Significant Share Offering: Intends to Use Funds for Large Ethereum Investment
Bit Digital Announces Open Offer for Common Stock New York, June 25, 2025 – Bite Digital, Inc. (NASDAQ: BTBT) has announced that it is starting an open offer to underwrite common stock. The shares being sold in this offering will come directly from the company itself. However, the company can’t promise when or if the […]