Author: Tony Pearce
South Korea Delays Crypto Tax Implementation to 2027
Reading Time: < 1 minuteSouth Korean lawmakers have reached an agreement to postpone the implementation of a crypto tax until January 2027.
SEC Files Lawsuit Against Touzi Capital
Reading Time: < 1 minuteThe SEC has taken legal action against investment firm Touzi Capital for allegedly deceiving investors about the liquidity and profitability of its crypto asset mining fund.
Taiwan to Implement New AML Rules Tomorrow
Reading Time: < 1 minuteThe Financial Supervisory Commission of Taiwan has announced that it will implement stricter anti-money laundering regulations on November 30,
Bitwise Submits Application to Issue 10 Crypto Index ETF
Reading Time: < 1 minuteBitwise Asset Management, in partnership with the New York Stock Exchange, has formally filed a 10 Crypto Index ETF with the US Securities and Exchange Commission (SEC).
Brazil Considering Bill to Create a Bitcoin Reserve
Reading Time: < 1 minuteA proposal has been put forth by Brazilian lawmakers in the Chamber of Deputies to allocate 5% of the country’s $370 billion treasury towards a Bitcoin strategic reserve.
Iran Says It Will Launch a CBDC
Reading Time: < 1 minuteDuring a national banking conference on November 25th, Central Bank of Iran (CBI) governor Mohammad Reza Farzin announced that the country will soon introduce a central bank digital currency (CBDC).
Hashdex Resubmits Crypto Index ETF Proposal
Reading Time: < 1 minuteAsset manager Hashdex has taken steps towards launching a cryptocurrency-focused exchange-traded fund (ETF) in the United States.
Tether Mints 2 Billion USDT on Ethereum’s Blockchain
Reading Time: < 1 minuteTether, the issuer of a popular stablecoin, has recently created a significant amount of USDT on the Ethereum network.
SEC Chairman Gary Gensler to Step Down in January
Reading Time: < 1 minuteGary Gensler, the current Chair of the Securities and Exchange Commission, announced his resignation on Thursday, effective Jan. 20.
BitGo Announces Subsidiary in Singapore
Reading Time: < 1 minuteBitGo, a digital asset services company, has launched a subsidiary in Singapore to expand its services in the Asia-Pacific region.
Gemini Expands to France
Reading Time: < 1 minuteGemini has now officially launched in France as part of its plan to expand its presence in Europe.
Russia Considers 15% Tax on Crypto Earnings
Reading Time: < 1 minuteRussia’s Ministry of Finance yesterday put forth a draft amendment proposing a 15% tax on earnings made from cryptocurrency.
Goldman Sachs Announces Plans to Spin Off its Blockchain Trading Platform
Reading Time: < 1 minuteGoldman Sachs has announced plans to create a new company focused on blockchain networks and financial instrument trading, by spinning off its digital assets platform into an independent entity.
Bitwise to Launch a Crypto Index ETP
Reading Time: < 1 minuteBitwise Asset Management has announced that NYSE Arca has filed a Form 19b-4 to uplist the $1.3 billion Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). This […]
18 US States Take Legal Action Against SEC
Reading Time: < 1 minuteA lawsuit has been filed by 18 US states against the Securities and Exchange Commission (SEC) and its Chairman Gary Gensler, alleging that the regulatory body has overstepped its bounds and acted beyond its authority in its actions against the growing crypto industry.
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.