News

The Corporate Transparency Act (CTA) has been rejuvenated following an appeals court ruling that allows its enforcement during ongoing legal proceedings. Under this law, 32.5 million of US small business owners must register with the FinCEN by January 13, or face potential fines of up to $10,000.

Craig Wright was sentenced to one year in prison by a UK judge for contempt of court. The sentence is suspended for two years, meaning he will only serve time if he reoffends during that period.

The Human Rights Foundation (HRF) announced Bitcoin Development Fund grants totaling 7 BTC to 20 global projects.

Cango, a Shanghai-based NYSE-listed car dealership platform, invested $256 million to acquire 32 EH/s of Bitmain hashrate, shifting to Bitcoin mining and retaining 393 BTC it produced in November.

El Salvador finalized a four-year $1.4bn IMF deal strained by its Bitcoin adoption. It makes bitcoin use voluntary for the private sector, limits public sector bitcoin activities, and phases out government involvement in the Chivo wallet. It may also unlock extra $3.5bn in development bank funds.

The Samourai Wallet case pretrial hearing has been postponed to March 12, 2025, due to an increased volume of discovery, as the prosecution has added two additional discovery batches since September. The trial is now scheduled for November 3, 2025.

Foundation has introduced Passport Prime, a personal security platform and signing device aimed at both first-time and experienced users that comes with hardware wallet multi-factor authenticator, encrypted flash drive, and secure app platform.

Projects included in this wave of funding are AlgoRelay, Pokey, Nostr Safebox, Persian NIPs, and LumiLumi.

An early bitcoin investor from Austin, Texas, has been sentenced to two years in prison for intentionally underreporting capital gains from the sale of $3.7 million worth of bitcoin.

U.S.-based Bitcoin ATM operator Byte Federal has reported a data breach that may have compromised the personal information of approximately 58,000 customers.

The Czech Republic has enacted a law that exempts Bitcoin holdings held for more than three years from capital gains tax. This legislation received unanimous approval from the nation's parliament on December 6 and is scheduled to take effect on January 1, 2025.

Bitmain, a leading Bitcoin mining hardware manufacturer, has launched a new production facility in the United States. This strategic initiative aims to reduce delays caused by customs issues and address rising trade tensions between the United States and China.