Episode Details

05th December: Crypto & Coffee at 8
🟠 Coinbase: US presidential forum 🔥 Internal Revenue Service crypto tax info 🥶Tether.to Blacklists 30+ Wallets 🏦Banco Itaú enters crypto 🎨Notorious B.I.G. in The Sandbox

🟠Stand With Crypto
The "Stand With Crypto" campaign initiated by Coinbase, a cryptocurrency exchange, aims to gather 2024 United States presidential election candidates for discussions on blockchain technology and digital assets. As of December 4th, the campaign has confirmed the participation of Republican candidates Asa Hutchinson and Vivek Ramaswamy, along with Democratic candidate Dean Phillips. The event is scheduled to take place in New Hampshire on December 11th. Invitations were extended to other candidates, including former President Donald Trump, independent candidate Robert F. Kennedy Jr., and Republicans Doug Burgum, Nikki Haley, Ron DeSantis, and Chris Christie. The discussions will focus on issues related to digital assets.

🔥 Internal Revenue Service (IRS) reported an increase in the number of investigations around digital asset reporting. The investigation releases FY23 Annual Report highlighting more than 2,600 investigations, $37.1 billion identified from tax and financial crimes Official info here https://lnkd.in/d_3DREsZ Check out Blockchain DXB Crypto & Coffee at 8 podcast where we go in-depth on this news and provide our commentary on it. Also, take a look at slides 1 & and 2 below for a global crypto snapshot.

🥶 Tether.to, the issuer of the largest stablecoin, USDT, has blacklisted over 30 addresses that received billions in USDT, with $161 million traced to Whitebit, a European exchange. The motives behind the blacklisting remain undisclosed, and Tether is working in conjunction with the U.S. Department of Justice (DOJ) on this matter. via Bitcoin.com here https://lnkd.in/dXVhc4PJ

🏦 Banco Itaú, Brazil's largest private bank, is entering the cryptocurrency sector by introducing a trading service. The initial focus will be on Bitcoin and Ether, as reported by Reuters. The decision to venture into digital assets is influenced by the evolving regulatory landscape for cryptocurrencies in Latin America. Info here https://lnkd.in/dsg8gqVk Guto Antunes in an interview said "It starts with bitcoin, but our overarching strategic plan is to expand to other crypto assets in the future,"

🎨 There’s now a Notorious B.I.G. experience in The Sandbox metaverse, thanks to a collaboration between the game, the late rapper’s label Warner Music Group, and his estate, the metaverse platform announc