Simply Crypto

Tether’s $13 Billion Profit and Crypto’s Regulatory Shifts


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Explore Tether's impressive $13 billion profit in 2024, placing it alongside financial giants like Goldman Sachs. Delve into India's new crypto regulations defining virtual digital assets as undisclosed income, and Russia's strategic use of Bitcoin to bypass sanctions. Plus, discover Dogecoin's leap into quantum computing, potentially revolutionizing blockchain security and transaction speed. This episode offers insights into the evolving crypto landscape and its global implications.

Sources:
https://www.pymnts.com/cryptocurrency/2025/tether-reportedly-made-13-billion-in-profits-in-2024/
https://www.hindustantimes.com/india-news/crypto-assets-to-be-included-in-assessing-undisclosed-income-says-sitharaman-in-budget-101738395326797.html
https://gfmag.com/economics-policy-regulation/russia-skirts-sanctions-bitcoin-cryptocurrency/
https://lanoticiadigital.com.ar/news-en/dogecoin-enters-the-quantum-realm-what-this-means-for-the-cryptocurrency-market/95295/

Outline:
(00:00:00) Introduction
(00:00:41) Tether Reportedly Made $13 Billion In Profits in 2024
(00:04:56) Crypto assets to be included in assessing undisclosed income, says Sitharaman in Budget
(00:07:52) Russia Skirts Sanctions Using Bitcoin
(00:10:33) Dogecoin Enters the Quantum Realm! What This Means for the Cryptocurrency Market
...more
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Simply CryptoBy Simply Crypto from Qurrent