The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including the G7 public policy principle for retail CBDC,” said Japan’s Vice Minister of Finance for International Affairs.
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community.
Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child.
Bitcoin (BTC) moved past $30,000 for the first time since June 10, 2022, as March's banking turbulence faded into the distance and investors grew more optimistic about U.S. central bank monetary policy.
Various factions of the Ethereum community are planning watch parties to witness the first-ever withdrawals of staked ether, with the blockchain's Shanghai upgrade (aka "Shapella") set for Wednesday at 22:27 coordinated universal time (6:27 p.m. ET).
Ethereum's highly anticipated Shanghai upgrade, also called the Shanghai-Capella hard fork, is set to occur Wednesday, after which users will have access to the $31 billion worth of ether (ETH) staked in the blockchain since December 2020.
Bitcoin, the original and most prominent cryptocurrency, has once again shattered expectations by surging past the $30,000 resistance level, leaving investors and market analysts alike wondering where it will head next.
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