[Quick overview of international financial hot spots] 2024.07.04

Paraguay’s Crypto Mining Electricity Rate Increase: Paraguay’s National Electricity Authority announced that it will increase the electricity rate for cryptocurrency mining operators by 14%, a move that may have an impact on the profitability of the local cryptocurrency mining industry.

Cryptocurrency industry surpasses Internet growth: Investment bank Architect Partners pointed out in a report that the cryptography industry is entering an important growth stage, with significant value growth in the first half of the year, and its performance has exceeded the recovery speed after the Internet bubble burst.

U.S. NFT lawsuit ruling: A U.S. judge rejected DraftKings’ request to dismiss the NFT buyers’ class action lawsuit, which involved a dispute over whether NFTs should be considered securities.

Galaxy Digital CEO discusses the future of Bitcoin: Mike Novogratz said that as long as the government can control spending, the future of Bitcoin will be secure. He is worried about the impact of excessive government spending on the cryptocurrency market.

U.S. Crypto Fraud Case Verdict: A U.S. federal court ordered Jafia LLC and its owner Sam Ikkurty to pay $84 million to settle cryptocurrency fraud charges involving a "Ponzi scheme."

Thailand Digital Wallet Plan: Thailand’s Ministry of Finance said that its digital wallet plan is expected to drive GDP growth in the first half of 2025, highlighting the country’s positive attitude towards digital finance. #比特币政策 #CEO