Day: February 7, 2026

Vietnam Draft Rules Propose 0.1% Tax on Crypto Transfers

admin

Vietnam is preparing to introduce a tax framework for cryptocurrency transactions that would align digital assets with securities trading, according to a draft policy circulated by the Ministry of Finance. Under the proposal, individuals transferring crypto assets through licensed service providers would face a 0.1% personal income tax on the value of each transaction, local outlet The Hanoi Times reported. The structure mirrors the levy currently applied to stock trades in the country. According to the report, the draft circular, released for public consultation, classifies crypto transfers and trading as…

BlackRock Bitcoin ETF Posts $231.6M Inflows After Turbulent Week For BTC

admin

BlackRock’s spot Bitcoin exchange-traded fund (ETF) saw $231.6 million in inflows on Friday, following two days of heavy outflows during a turbulent week for Bitcoin. The iShares Bitcoin (BTC) Trust ETF (IBIT) saw $548.7 million in total outflows on Wednesday and Thursday as crypto market sentiment declined to record-low levels, with Bitcoin’s price briefly dropping to $60,000 on Thursday, according to Farside. Preliminary Farside data show inflows across nine US-based spot Bitcoin ETF products totaling $330.7 million, following three days of collective outflows totaling $1.25 billion. Bitcoin ETF flows reveal…

Erebor Secures First New US Bank Charter of Trump’s Second Term

admin

The United States has approved a newly created national bank for the first time during President Donald Trump’s second term, granting a charter to crypto-friendly startup Erebor Bank. The Office of the Comptroller of the Currency (OCC) confirmed the approval on Friday, allowing the lender to operate nationwide, the Wall Street Journal reported, citing people familiar with the matter. The institution launches with about $635 million in capital and aims to serve startups, venture-backed companies and high-net-worth clients, a segment left underserved after the 2023 collapse of Silicon Valley Bank.…

Google Search Volume For ‘Bitcoin’ Surges Amid $60K Plunge

admin

Google search volume for the term “Bitcoin” surged over the past week as the asset’s price briefly fell to the $60,000 level for the first time since October 2024. Google Trends provisional data shows worldwide searches for “Bitcoin” reached a score of 100 for the week starting Feb. 1, the highest level in the past 12 months.  The previous peak was a score of 95 in the week of Nov. 16–23, when Bitcoin (BTC) slipped below the psychological $100,000 level for the first time in nearly six months. Google search…

Macro ‘Accomodative Policies’ May Not Be The Next Big Catalyst For Bitcoin

admin

Bitcoin’s next major catalyst may come from the common assumption being flipped on its head that interest rates are bullish for Bitcoin only when they fall, according to a crypto analyst. “I think we should expect that having more accommodative policies may in fact actually not be the catalyst to help us go into a bull market,” ProCap Financial chief investment officer Jeff Park said during an interview with Anthony Pompliano on Thursday. “We have to accept that reality and possibility,” Park said. Accomodative policies, such as lowering interest rates,…

Edward Woodford: The crypto industry is overly focused on interest rates, accountability in AI is crucial for trust, and regulatory clarity is essential for market stability

admin

Regulatory clarity is essential for stablecoins to thrive and drive crypto adoption in the coming years. Key Takeaways The crypto industry is overly focused on interest rates, overshadowing more pressing issues. Accountability is crucial when AI is used by centralized parties to maintain trust in financial systems. Regulatory clarity by February is critical to prevent a negative impact on the crypto market. Updating the definition of security is essential for effective crypto regulation. Filing requirements for stablecoins could hinder their real-world application. Even with new legislation, rulemaking periods could delay…