594:Canada’s Blockchain Strategy, CBDC Alert(EU), Binance EU Woes, Slovakia Eases Taxes

Overnighters,

Episode 594:

Coinbase Files for Dismissal 
CBDC Alert(EU)
Binance Woes Continue and More

The TL;DL  

Coinbase Files for Dismissal - Coinbase is challenging the SEC's lawsuit, asserting that the SEC's application of securities regulations deviates from established legal frameworks. The exchange remains determined to contest the lawsuit.

CBDC Alert(EU) - The European Union's central bank is considering further steps towards the creation of a digital euro later this year. However, widespread adoption of a digital euro is not expected in the near term.

Slovakia Eases Crypto Tax Burden - Slovakia's lawmakers have voted in favor of a law designed to reduce taxes on the sale of digital currencies. The bill aims to ease the tax burden associated with the sale of virtual currencies, facilitating their everyday use.

Binance Woes Continue - Binance, a leading cryptocurrency exchange, has been hit with a series of regulatory challenges. Despite these setbacks, Binance is committed to working with regulators globally and aligning its operations with the European Union's forthcoming cryptocurrency regulation.

Canada Eyes Blockchain Strategy - A group of lawmakers in Canada is urging the government to establish a national strategy for blockchain. This strategy would clarify the country's regulatory stance and show its support for the industry.

Crypto Overnighter Podcast (6/29/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

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