Global #cryptocurrency

Robinhood's European cryptocurrency branch has introduced Solana staking, allowing users to earn approximately 5% APY (annual percentage yield) at launch, as stated by Johann Kerbrat, the general manager of Robinhood Crypto, in an interview with Blockworks.

South Korea's National Tax Service (NTS) revealed that it has sold off crypto assets worth over $800,000, which were previously seized from individuals involved in tax evasion.

Binance's decision to discontinue support for XRP and TUSD could potentially impact the sentiment surrounding the coin, sparking various speculations about the underlying reasons.

The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), saw a brief increase in investment inflows in early May after a prolonged period of financial losses since its inception.

The Chinese government, through the Panshi City Public Security Bureau in Jilin Province, has cracked down on illicit cryptocurrency banking activities, as reported by local media.

After expressing his support for the cryptocurrency industry and accusing his opponent in the United States presidential race, Joe Biden, of perceived hostility towards the sector, former US President Donald Trump has announced plans for significant taxation cuts if elected.