According to Reuters, Indonesia's Ministry of Finance has announced that starting August 1, the tax rate on #cryptocurrency transactions will be raised, with the rate for sellers on domestic platforms increasing from 0.1% to 0.21%, and the rate for sellers on overseas platforms rising from 0.2% to 1%. The value-added tax (VAT) on cryptocurrency mining will also increase from 1.1% to 2.2%.
Tether-Bitfinex joint venture Twenty One Capital holds 43,514 BTC
Twenty One Capital, a Bitcoin (BTC) investment firm backed by Tether, Bitfinex, Cantor Fitzgerald and SoftBank, has launched its official website and disclosed that it holds 43,514 BTC. Based on outstanding shares, Twenty One ranks as the third-largest corporate BTC holder, behind Strategy (628,791 BTC) and MARA Holdings (49,951 BTC). #BTC #bitcoin #Bitfinex. #SoftBank
An address suspected to belong to U.S.-based crypto bank Anchorage Digital recently received 8,052 ETH ($30.25 million) from liquid staking platform Lido about 11 hours ago, according to on-chain analyst @ai_9684xtpa on X. Of this, 7,576 ETH had been staked since August 2023 when ETH was around $1,672, resulting in an estimated $15.79 million in gains from price appreciation, in addition to staking rewards.
$36 million scam, 162 foreign trips: Here's what investigation into fake embassy case reveals
Meet Harshvardhan Jain — a master fraudster who pretended to be an ambassador of FOUR fictional countries: 🇸🇲 Seborga ❄️ Westarctica 🪖 Ladonia 🏰 Poulvia Here’s how he fooled India for 7 straight years: Declared a luxury mansion in Gurgaon as an “embassy” Issued fake diplomatic IDs, visas, and flags Promised investors citizenship, diplomatic titles, real estate, and visas Flaunted status with high-profile social media posts & political photo-ops Took 162 international trips—all while pretending to represent imaginary states! The damage? ₹3 billion (~$36 million) siphoned through shell firms & hawala channels. Victims? High-rolling entrepreneurs and politicians chasing “elite” international status. Micronations like Seborga & Westarctica have now disowned him, calling his act forgery and fraud. The lesson? Not all that glitters is diplomatic gold. Verify before you glorify.
Vitalik Buterin to appear on livestream to celebrate Ethereum's 10th anniversary
In a recent update on X, the Ethereum Foundation announced that Ethereum co-founder Vitalik Buterin will appear on a YouTube live broadcast on July 30 at 14:30 UTC to celebrate the 10th anniversary of Ethereum's launch and look back on the history of Ethereum.
Hong Kong expected to issue first stablecoin license in early 2026
The Hong Kong Monetary Authority is likely to issue its first #stablecoin license in early 2026, according to Deputy Chief Executive Darryl Chan, the South China Morning Post reported. The timeline follows the rollout of Hong Kong’s stablecoin regulatory framework on Aug. 1, with provisional licenses expected during a six-month grace period. #StablecoinRevolution #StablecoinNews #Stablecoins
Thumzup expands crypto strategy to include $DOGE, $LTC, $SOL, $XRP, $ETH and $USDC
thumz up, a Nasdaq-listed provider of branding and social media marketing solutions, announced via a PR Newswire release that its Board of Directors has approved an expanded list of digital assets for its crypto treasury strategy. In addition to Bitcoin $BTC, the company may now hold Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), Ripple (XRP), Ethereum (ETH) and USD Coin (USDC) as part of its reserves. This update builds on Thumzup’s previously disclosed strategy, which allows up to 90% of its liquid