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Italy challenges tech giants over VAT on user data
Jul 23,2025
Meta, LinkedIn and X have filed appeals against a sweeping VAT claim by Italy, marking the first time the country has failed to settle such cases with major tech firms. Italy is demanding nearly E1 billion combined over the value of user data exchang...
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Western Union eyes faster remittances with stablecoins
Jul 23,2025
Western Union has begun exploring stablecoin use for remittances, viewing the technology as an opportunity amid rising competition and regulatory clarity. CEO Devin McGranahan revealed that the firm is testing new cross-border settlement processes in...
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Trump Media holds $2 billion in Bitcoin assets
Jul 23,2025
Trump Media and Technology Group, backed by$2.5 billion in funding, has acquired around$2 billion worth of Bitcoin as part of an investment plan announced earlier this year. The company behind Truth Social used stock sales and bonds to buy Bitcoin an...
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Coinbase brings perpetual futures to US users
Jul 22,2025
Coinbase has launched perpetual futures trading for eligible users in the United States, marking a major step in the platform's regulated offerings. Starting 21 July, traders can access nano Bitcoin (BTC-PERP) and nano Ether (ETH-PERP) perpetual futu...
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Netflix uses AI to boost creativity and cut costs
Jul 22,2025
Netflix co-CEO Ted Sarandos has said generative AI is used to boost creativity, not just reduce production costs. A key example was seen in the Argentine series El Eternauta, where AI helped complete complex visual effects far quicker than tradi...
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5G market grows as GCT begins chipset rollout
Jul 22,2025
GCT Semiconductor Holding, Inc. has begun delivering samples of its latest 5G chipsets to lead customers, including Airspan Networks and Orbic. The company offers chip and module formats to meet specific testing needs. Initial shipments aim to fulfil...
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Satoshi Nakamoto becomes 11th richest person in the world
Jul 18,2025
The pseudonymous creator of Bitcoin, Satoshi Nakamoto, is now wealthier than Microsoft co-founder Bill Gates and Dell founder Michael Dell, with an estimated fortune exceeding$130 billion. The rise in net worth follows Bitcoin's surge to new all-time...
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The US House passes CLARITY, GENIUS and Anti-CBDC crypto bills
Jul 18,2025
The US House of Representatives has passed three major cryptocurrency bills, marking a significant shift in regulatory momentum. Lawmakers voted overwhelmingly in favour of the Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishi...
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The CLARITY Act defines mature blockchain systems for US regulation
Jul 18,2025
The CLARITY Act seeks to create a clear regulatory framework for digital assets in the US, introducing a 'mature blockchain system' to distinguish commodities from securities. According to the bill, a mature blockchain system must be free from contro...
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Huang says Chinese AI science is world class
Jul 18,2025
NVIDIA's CEO has praised China's open-source AI work during a high-profile visit to Beijing, spotlighting DeepSeek as an example of world-class science and engineering. At the International Supply Chain Expo, Huang highlighted the global value of Chi...
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Fairshake ramps up crypto lobbying ahead of 2026 races
Jul 17,2025
Fairshake, a crypto-backed political action committee (PAC), now holds$141 million as it ramps up influence efforts ahead of upcoming US elections. With$52 million raised in the first half of 2025, PAC has surpassed its spending from the last electio...
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Top countries that accept crypto for golden visas
Jul 17,2025
Countries including Vanuatu, Portugal, El Salvador, Dominica and Saint Lucia now offer legal residency or citizenship in exchange for crypto-funded investments. Bitcoin, Ether and stablecoins are increasingly accepted-either directly or via licensed ...
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