The Daily Data Room: Wednesday, June 26th, 2024

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Today's headlines include Bitcoin pioneer Julian Assange's release from prison after striking a US deal, a Congressman introducing a bill to allow federal tax payments in Bitcoin, the BIS urging central banks to adopt AI to mitigate economic and financial risks, and Germany's intensification of Bitcoin sell-offs before a 5% market rebound.

• Julian Assange, the founder of WikiLeaks and a pioneer in Bitcoin, has been released from prison in the UK after reaching a plea deal with US authorities.

• On June 25, a US Congressman filed legislation requiring the IRS to begin collecting federal tax payments in Bitcoin.

• The Bank for International Settlements (BIS) has urged central banks to embrace artificial intelligence in light of its potential considerable influence on the economy and financial system.

• The German government is stepping up its divestiture of Bitcoin confiscated from a movie piracy website, increasing selling pressure to an already volatile market.

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