U.S. President Donald Trump earned $57.4 million last year from World Liberty Financial, a cryptocurrency firm tied to his family, according to a new financial disclosure published by the U.S. Office of Government Ethics.
Brazil has introduced a sweeping tax on cryptocurrency profits, imposing a flat 17.5% levy on all individual gains and eliminating long-standing exemptions for smaller transactions.
Japanese investment firm Metaplanet now holds more bitcoin than Coinbase, after purchasing 1,112 BTC on Monday, bringing its total to 10,000. The $117 million acquisition makes Metaplanet the seventh-largest publicly traded company by Bitcoin holdings.
Top stories in the Crypto Roundup today:
- Trump Earned $57M From Family-Tied Crypto Firm
- Brazil Ends Crypto Tax Exemption for Small Investors, Imposes Flat 17.5% Levy on All Profits
- Metaplanet Surpasses Coinbase With 10,000 BTC, Issues $210M in Bonds to Fuel Bitcoin Bet