Quick Take

Gemini launched Nakamoto Ltd., a captive insurance company with a $200 million insurance policy. Former CFTC Chair Christopher Giancarlo has formed the Digital Dollar Foundation. CSA notice suggests custodial crypto exchanges are subject to Canadian securities laws. Lawmakers propose amendment to IRS tax code that would exempt realized gains under $200. Bithumb seeks to nullify a $70 million tax bill. The court has 90 days to grant or dismiss the motion.

 

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