Author: Tony Pearce
Coincheck Receives SEC Approval for Nasdaq Listing
Reading Time: < 1 minuteCoincheck will become the first Japanese platform to be listed on the Nasdaq Global Market.
Coinbase Buys Utopia Labs
Reading Time: < 1 minuteThe stablecoin payment processor Utopia Labs has joined Base, the Layer 2 network of the crypto exchange giant Coinbase. This collaboration aims to strengthen onchain payments within Coinbase Wallet and Base.
Bitwise Plans to Launch an Aptos Staking ETP
Reading Time: < 1 minuteBitwise has announced the launch of the first ever staking exchange-traded product, featuring the Aptos currency, on the SIX Swiss Exchange in Switzerland.
Italy Will Increase Tax on Crypto by 28%
Reading Time: < 1 minuteThe Italian government is expected to approve a more lenient tax increase on cryptocurrency trades.
MicroStrategy Purchases $2 Billion in Bitcoin
Reading Time: < 1 minuteOn November 11, MicroStrategy announced that it had purchased 27,200 Bitcoin using $2.03 billion in cash.
Mt. Gox Moves $2B in Bitcoin to New Address
Reading Time: < 1 minuteOn Sunday, crypto exchange Mt. Gox transferred over $2 billion worth of Bitcoin to two addresses, possibly the company may be preparing to repay its creditors.
Detroit Will Allow Residents to Pay Taxes and Fees with Crypto
Reading Time: < 1 minuteCity officials yesterday announced that Detroit will now accept cryptocurrency payments, making it the largest city in the United States to do so.
Arkham Research Launches an Exchange for Perpetual Trading
Reading Time: < 1 minuteArkham Research, a top blockchain analytics company, has announced the launch of its own exchange for trading perpetual futures (“perps”).
VanEck Announces Launch of Pyth ETN in Europe
Reading Time: < 1 minuteVanEck has announced the launch of a new ETN in Europe that tracks the Pyth Network’s native token, PYTH.
OpenSea Will Launch a New Platform
Reading Time: < 1 minuteNFT marketplace OpenSea will be launching a new and improved platform in December as the NFT market continues to experience a slump.
Pakistan Moves to Legalize Cryptocurrencies
Reading Time: < 1 minuteThe government of Pakistan has recently put forth proposals to amend the State Bank of Pakistan (SBP) Act, which could potentially result in the legalization of digital currencies such as Bitcoin and Ethereum within the country.
Spot Bitcoin ETFs Attract $541M in a Day
Reading Time: < 1 minuteUS-based Bitcoin exchange-traded funds (ETFs) yesterday saw a total of $541 million in net outflows, the highest since May 1st and the second-highest since the ETFs began trading in January.
Taiwan’s FSC Plans to Implement a Crypto Exchange Registration System
Reading Time: < 1 minuteTaiwan’s Financial Supervisory Commission (FSC) will establish a registration system for cryptocurrency exchanges before the end of November, according to a report by local news outlet Anue Juheng.
Hackers Steal $1.4B in Crypto in 2024
Reading Time: < 1 minuteAccording to a recent report from immunefi, a web3 bug bounty and security services platform, the crypto industry has faced over $1.4 billion in losses this year due to 179 hacks and scams.
Canary Capital Files Application to Launch a Solana ETF
Reading Time: < 1 minuteCanary Capital has submitted an application to the SEC for a Solana (SOL) ETF. This is part of a recent trend of asset managers seeking to offer cryptocurrency-backed ETFs on traditional exchanges.
Coinbase Teams Up with Visa to Allow Crypto Deposits, Withdrawals and Purchases
Reading Time: < 1 minuteVisa has announced a partnership with crypto exchange Coinbase that will allow users with eligible debit cards to instantly deposit and withdraw funds from their accounts.
Circle Teams Up with HKT to Cooperate in Blockchain Tech Solutions
Reading Time: < 1 minuteCircle and HKT, a leading telecommunications provider in Hong Kong, have announced a Memorandum of Understanding to explore potential partnerships using blockchain technology.
Hong Kong Plans to Extend Tax Concessions for Crypto
Reading Time: < 1 minuteThe government plans to extend current tax concessions offered to privately offered funds and family offices to include crypto investments.
South Korea Plans to Regulate Cross-Border Crypto Transactions
Reading Time: < 1 minuteThe finance ministry of South Korea has announced plans to implement regulations on the trading of virtual assets across borders, such as cryptocurrency.
Denmark Intends to Tax Unrealized Crypto Gains
Reading Time: < 1 minuteThe Danish Tax Law Council has proposed a mark-to-market taxation method for cryptocurrency assets in a recent report. Their suggestion will soon be followed by a legislative proposal.
SEC Includes Crypto in its Examination Priorities for 2025
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has once again included cryptocurrency assets as part of its 2025 examination priorities.
Tesla Did Not Get Rid of its Bitcoins
Reading Time: < 1 minuteAccording to blockchain analytics firm Arkham Intelligence, Tesla currently still holds its entire Bitcoin stash, valued at $780 million, despite recently transferring the funds to unidentified wallets on Oct. 15.
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minuteAsset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
SEC Approves NYSE and Cboe Spot Bitcoin ETFs Listing
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has approved NYSE American LLC and Cboe Exchange, Inc. to list and trade options on various Bitcoin exchange-traded funds.
Worldcoin Rebrands to World
Reading Time: < 1 minuteWorldcoin is undergoing a rebranding process and will now be known as World Network, or simply World.