Bitcoinist Updates: Don’t Sleep on the PEPE, RCOF, and XRP Price Rally Primed for December 2024, 34,203% Gains Ahead
Link: https://bitcoinist.com/dont-sleep-on-the-pepe-rcof-and-xrp-price-rally-primed-for-december-2024-34203-gains-ahead/
Summary: As the crypto market rallies, the PEPE has showcased impressive growth alongside the XRP price. As a result, investors are eyeing these top altcoins as potential investments for December 2024. Also, investors are embracing RCO Finance (RCOF), an emerging DeFi altcoin, that has secured over $5 million during its presale. Why are investors rushing to […] 

 Latest Crypto News: Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access
Link: https://www.coindesk.com/business/2024/11/19/stablecoin-issuer-paxos-to-buy-finlands-membrane-finance-to-gain-eu-access/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Summary: Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland. 

 What is Bitcoin and how does it work?

Bitcoin involves a peer-to-peer system where users communicate using an exchange or a central bank, or the Internet. These decentralized networks can create decentralized services, such as distributed ledger systems like Bitcoin, and allow the use of the digital currency through financial services such as payment, and thus have a significant impact on the economy, not just on the U.S. or global economy.

"We do not need any of those technologies being invented or sold under the hood," says Alex Vozis, former chief executive of JPMorgan Chase Bank, a New York-based financial information startup that markets itself as the "central bank to the economy." "We use technology to solve problems now and then, and we have created great value for the American public."

Vozis says his firm uses Bitcoin to track and verify payments on a massive scale. He uses an algorithm that tracks transactions across over 200,000 individual online merchants, and 

 Bitcoinist Updates: Taiwan’s Financial Authority Pledges To Address Crypto Tax Evasion Within Three Months
Link: https://bitcoinist.com/taiwans-financial-authority-pledges-to-address-crypto-tax-evasion-within-three-months/
Summary: Amid the market’s bullish run, Taiwanese financial authorities vowed to review tax regulations to tackle the country’s crypto tax evasion issue. However, local reports noted the regulators might face difficulties implementing an effective digital assets-related tax framework. Related Reading: Elon Musk, RFK Jr. Support Pro-Bitcoin Howard Lutnick For Treasury Secretary Taiwanese Authorities To Review Tax […] 

 Latest Crypto News: El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering
Link: https://www.coindesk.com/business/2024/11/19/el-salvador-is-getting-its-first-tokenized-us-treasuries-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Summary: The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.