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The Tokyo-listed firm said today that it purchased an additional 124.1 BTC ($11.3 million), increasing its total holdings to 1,142.2 BTC.
The company noted the strategic implications of the move given 'France’s proactive engagement with and support of the crypto sector.'
Newly introduced amendments from the Russian government classify crypto income as property, with a maximum tax rate of 15%.
The so-called "reward-bearing margin asset for futures trading" will pay out nearly 20% APY returns to holders.
The number of institutional holders with at least $100 million AUM jumped from 667 to 738 with a total reported value of $15.3 billion.
Coinbase CEO is meeting with president-elect Donald Trump on Monday to talk about "personnel appointments," The Wall Street Journal reported.
Bakkt, founded by NYSE operator ICE in 2018, has gone through multiple pivots as it has struggled to gain traction.
Heather Morgan, part of the duo behind hacking the crypto exchange Bitfinex, was sentenced to 18 months in prison, per Bloomberg.
BlackRock's iShares Bitcoin Trust continues to be the market leader among Bitcoin ETFs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.