Moo Deng (MOODENG)
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Fact Sheet
News
Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax…
Tether’s CEO: Stablecoins Are Key to Financial Transformation in Africa
Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin issuer Tether announced June 5 that it had made a…
Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work?
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of…
Bitcoin Craters to $100K as $837M in Crypto Positions Vanish
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure…
Report Claims 'Infighting,' Cease-and-Desist Hits Trump-Linked Crypto Project After Wallet Reveal
Bloomberg reports that World Liberty Financial, a company tied to Trump, has fired off a cease-and-desist letter to Fight Fight Fight—another Trump-linked business outfit—over the escalating drama surrounding the Trump Wallet debacle. Trump-Backed Financial Firm Targets So-Called Trump Wallet Project…
