Punchlines

• Crypto tax-dodgers 🥷🏻

• DeFi is a threat to national security 🤦🏻‍♂️

• Tokenized gold reaches 1 billion MCAP 🏆

• Swiss bank opens up to crypto 🇨🇭

+ Bitcoin corner, Tweet highlight & Notable mentions

A recent study by Divly has unmasked a not-so-secret crypto club: the tax evaders! 🏃🏻‍♂️

Turns out, in 2022, fewer than 1% of global investors paid taxes on their digital coin holdings. This (un)surprisingly low figure once more highlights the widespread lack of tax compliance in the rapidly growing crypto market. Findings raise concerns about potential lost tax revenue for governments as they try to tame the wild, wild west of cryptocurrencies, and underline the need for clearer regulations and enforcement to ensure that cryptocurrency gains are appropriately taxed.

The US Treasury Department seems to be in a DeFi-ant mood, labeling decentralized finance a national security threat. Concerns stem from the lack of regulatory oversight and the potential for DeFi platforms to be exploited for illicit activities such as money laundering and terrorist financing. 🚨

The Treasury Department is calling for increased regulatory scrutiny and collaboration among international partners to address these risks and ensure the stability and security of the financial system.

The US government seems to be playing their favorite one-size-fits-all argument playbook: "The money laundering and terrorist financing boogeyman strikes again!" 😒

The crypto world is adding some sparkle as tokenized gold's market cap surpasses the $1 billion mark, with gold prices nearing their all-time high. As investors seek alternative ways to gain exposure to the precious metal while reaping the perks of blockchain tech, the demand for digital gold tokens has surged. These blockchain-based assets are backed by physical gold and can be easily traded on various cryptocurrency platforms. 🤩

Tokenized gold is proving to be a golden ticket, offering liquidity, accessibility, and easy transfers that traditional gold bars could only dream of. Wonder what Peter Schiff has tay so about it. 🤔

Swiss retail bank PostFinance has entered the cryptocurrency market by partnering with Swiss crypto firm Sygnum. This collaboration allows the bank's customers to invest in, trade, and store a range of cryptocurrencies, including Bitcoin and Ethereum.

The move signifies PostFinance's commitment to embracing digital assets and meeting the growing demand for cryptocurrency services among its clientele. As traditional financial institutions continue to explore and adopt cryptocurrencies, this partnership exemplifies the ongoing mainstream integration of digital assets in the global financial landscape. 🏦

Apple has tucked away the Bitcoin white-paper into the source code of its iOS and macOS operating systems. A keen-eyed Twitter user uncovered this crypto Easter egg, revealing Apple's cheeky nod of support to the digital currency. So, as you swipe and tap away on your Apple device, remember, you're also carrying a piece of blockchain history in your pocket. Is it possible that Steve Jobs could be Satoshi Nakamoto? 🤯 🤯 🤯 

To find a white-paper open the terminal on your Mac and type/paste:

open /System/Library/Image\ Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf

• Ralph Lauren store to accept cryptocurrency as a form of payment 🏇🏻

• Polkadot Registers Trademark for Blockchain Communication Platform 💻

• Cryptosat Delivers Message from Space to Help Scaling Ethereum! 🛰

• Thai Opposition Leader's Crypto Pledge: $300 Airdrop if Elected PM! 🇹🇭

• MicroStrategy Acquires Another 1,045 Bitcoins, Bringing Total Holdings to 140,000 (0.66% of entire Bitcoin supply) (0.66% of entire Bitcoin supply 😰)