A plan that would allow income taxes to be paid in Bitcoin will be discussed in the US. The US Congress is considering a bill that would enable Bitcoin to be used as payment for federal income taxes. Matt Gaetz, a Republican, wrote it. Should the bill be approved, US Treasury Secretary Janet Yellen would have to ratify related changes to federal laws. Additionally, the project essentially makes it possible to pay other fees and taxes with cryptocurrency. #BTC #MAGA
The bankrupt exchange FTX has completed a series of auctions selling $2.6 billion worth of Solana (SOL) tokens at significant discounts to market prices, according to Bloomberg.
👀 Sources indicate that Figure Markets participated in the auction and purchased a lot of 800,000 SOL at approximately $108 per token. On the market, the token trades near $167.
During the auction, an undisclosed amount of the asset was purchased by Pantera Capital, though sources declined to reveal any figures. Earlier this year, media reported that Pantera Capital had specifically raised $250 million to buy SOL from FTX.
The tokens owned by the exchange are subject to a four-year vesting period, but gradual unlocking will begin in a few months.