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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