🐦 Twitter | 📰 Past Editions

GM.

Welcome back to the Money Badger – your daily dive into the world of digital sound money. Where we help you unlock the potential of bitcoin, one byte at a time.

In today's news:
➕ Blackrock includes Coinbase in bitcoin ETF refiling
🛑 Belarus wants to ban P2P BTC transactions
🐙 Kraken ordered to turn over its users data to IRS

Was this email forwarded to you? Sign up here.

BlackRock Includes Coinbase SSA in Spot Bitcoin ETF Refiling

Nasdaq has included a Coinbase surveillance sharing agreement (SSA) in the spot Bitcoin ETF refilling on behalf of BlackRock.

The updated submission for iShares Bitcoin Trust was mentioned in a 19b-4 form, aligning with recent decisions made in Bitcoin exchange-traded fund submissions.

BlackRock has reportedly reached an agreement with Coinbase to address the SEC's concern of potential market manipulation, using the surveillance-sharing agreement as a countermeasure.

This move demonstrates efforts to enhance market integrity and address regulatory concerns in the context of Bitcoin ETFs.

📰 Read the Full Article Here

Belarus Wants to Ban Peer-to-Peer Bitcoin Transactions

The Belarusian Ministry of Foreign Affairs is working on legal amendments to prohibit peer-to-peer (P2P) cryptocurrency transactions, including Bitcoin, citing a high cybercrime rate in the country.

They claim that P2P crypto services are used by fraudsters to cash out stolen funds and participate in criminal schemes.

To combat this, the ministry plans to only allow individuals to exchange crypto through exchanges registered with Belarus Hi-Tech Park (HTP), similar to the procedure for exchanging foreign currencies.

The announcement has sparked skepticism among cryptocurrency enthusiasts regarding the government's ability to enforce such a ban.

📰 Read the Full Article Here

Kraken Ordered to Turn Over Its Users’ Information to the IRS

Cryptocurrency exchange Kraken has been ordered by a judge to provide the IRS with user information as part of an investigation into underreported tax liability.

The IRS seeks data on Kraken accounts that conducted at least $20,000 worth of cryptocurrency trading per year from 2016 to 2020.

While Kraken argued that the summons was excessive, the ruling favored the government, citing a legitimate purpose for the IRS to determine users' tax liability.

The decision comes amidst a wider crackdown on cryptocurrency in the US, with regulatory actions taken against Coinbase and Binance US.

Although Kraken didn't have to disclose certain details, the judge directed the company to provide names, identification numbers, addresses, and transactional ledgers of its users to the IRS.

📰 Read the Full Article Here

Badger Bits 📰

• North Carolina House Advances Bill To Study Virtual Currency With A Focus On Bitcoin

• Singapore to require Crypto Firms to put User Assets into Trusts by year-end

• VLS Beta For Major Security Enhancement Of Lightning Nodes Released

• Better Money For Better Journeys: How Bitcoin Has Improved The Way I Travel

Money Memes 🤏

Enjoy the Badger? Share it with a friend! 🧡

copy and paste this link to others https://moneybadger.beehiiv.com/subscribe

If this email forwarded to you, Sign up here