Colombia’s Petro Forced to Seek Congressional Approval for Gambling VAT After Courts Block Emergency Decrees

Colombia’s Constitutional Court has declared President Gustavo Petro’s economic emergency decree unconstitutional, ending a 13-month effort to impose value-added taxes on the country’s online gambling sector through executive action. The April 9 ruling forces the government to pursue any future gambling tax through Congress. The presidential election is now less than seven weeks away. Key … Read more

Y Combinator Makes First All-Stablecoin Startup Investment

Y Combinator has funded prediction markets startup Totalis entirely in USDC, marking its first all- stablecoin investment. The move highlights growing momentum for onchain capital formation. Key Takeaways: Y Combinator invested $500,000 USDC in Totalis via Solana, marking its first all- stablecoin deal. 3 onchain transfers of $1, $124,999, and $375,000 settled in seconds, showing … Read more

Aptos Launches New Tokenomics Model With Performance And Supply Management

Aptos is changing a pretty fundamental part of how its ecosystem runs, and it’s not a minor tweak. The new tokenomics have been launched on the network, which is strongly performance-based to control supply and guarantee long-term viability. On the surface, it might just appear like another update. But if you unpack it, there are … Read more

Relm Insurance Launches Crypto and Cannabis Kidnap Coverage

Relm Insurance has launched a specialized kidnap and ransom insurance product specifically for the Web3 and cannabis sectors. Key Takeaways: Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats. Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand. Clients gain a … Read more

Shrinkflation Hits Brazilians as Middle East Conflict Pushes Prices Higher

Shrinkflation, a phenomenon featuring products shipped in smaller quantities but sold at the same prices, is starting to hit the Brazilian economy, as inflation has taken a turn for the worse due to the ongoing conflict in the Middle East. Key Takeaways: With Brazil’s March inflation at 4.14%, firms adopted shrinkflation, ensuring prolonged consumer pain … Read more

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