Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Australia Installs 1,359 Bitcoin ATMs
Reading Time: < 1 minuteAustralia is emerging as a frontrunner in global adoption of cryptocurrency, largely due to the increasing number of Bitcoin ATMs.
Number of Ethereum Hodlers Rose in 2024
Reading Time: < 1 minuteThe number of long-term Ether holders, those who have held an asset for more than a year, has steadily increased throughout the year 2024
Galaxy Research: US Government Will Not Acquire BTC Next Year
Reading Time: < 1 minuteGalaxy Digital’s research division predicts that the US government will not purchase any Bitcoin in 2025, but will instead hold onto its existing supply.
Bitwise Files for Bitcoin ETF Tracking Companies Holding BTC Reserves
Reading Time: < 1 minuteBitwise Asset Management has applied for approval from regulators to introduce a new ETF that targets publicly traded companies with significant holdings of Bitcoin.
USDT Issuer Tether Makes First Venture Capital Investment
Reading Time: < 1 minuteTether has entered the world of venture capital with its recent investment of $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II.
Hong Kong’s Stablecoins Bill Enters Legislative Council
Reading Time: < 1 minuteHong Kong has taken a significant step towards establishing a regulatory framework for stablecoins with the publication of the proposed Stablecoins Bill.
Israel Greelights Six Bitcoin Funds
Reading Time: < 1 minuteSix Bitcoin mutual funds are set to launch on December 31 by Israeli fund managers, after receiving approval from the Israel Securities Authority.
Crypto Exchange DMM to Open Accounts in March
Reading Time: < 1 minuteJapanese crypto firm SBI VC Trade has finalized a deal to acquire the assets of the hacked exchange, DMM Bitcoin.
Turkey to Implement New Crypto AML Regulations
Reading Time: < 1 minuteTurkey has announced new regulations for cryptocurrencies, taking inspiration from similar developments in major jurisdictions like Europe.
30% of South Korea’s Users Have Invested in Crypto
Reading Time: < 1 minuteThe Bank of Korea has recently announced that there were more than 15.59 million domestic investors in crypto assets, which accounts for over 30% of the country’s population.
MicroStrategy Plans to Increase Shares to Acquire More BTC
Reading Time: < 1 minuteMicroStrategy has put forth a proposal to increase its shares of Class A common stock and preferred stock, in order to better execute its Bitcoin strategy.
Hackers Steal $2.3B in Crypto in 2024
Reading Time: < 1 minuteHackers targeting cryptocurrency this year made record-breaking achievements by stealing over $2.3 billion worth of crypto assets from the Web3 ecosystem.
Crypto.com Launches a Custody Service in US
Reading Time: < 1 minuteCrypto.com on Monday announced the launch of its new cryptocurrency custody service, called the Crypto.com Custody Trust Company.
IRS Says Crypto Staking is Taxable
Reading Time: < 1 minuteAccording to the US IRS, the rewards received from staking activities should be treated as ordinary income and be reported on a person’s tax return as such.
Russia Bans Cryptocurrency Mining for 6 Years
Reading Time: < 1 minuteThe Russian government has approved a list of regions and territories where cryptocurrency mining will be prohibited next year.
Tech Giant Google Will Require UK Crypto Ads to Register with National Regulator
Reading Time: < 1 minuteGoogle has implemented a new policy that requires digital asset exchanges and wallets to be registered with the Financial Conduct Authority (FCA) in the United Kingdom before being authorized to advertise on its platform.
Metaplanet Buys 620 BTC
Reading Time: < 1 minuteMetaplanet, a company based in Japan that is publicly traded, has recently revealed that it has obtained 619.7 Bitcoin as part of its strategy to build a crypto treasury.
Jump Crypto Subsidiary Agrees to Pay $123 Million to SEC
Reading Time: < 1 minuteOn December 20, Tai Mo Shan, a subsidiary of Jump Crypto, reached a settlement with the United States Securities and Exchange Commission (SEC) for a sum of $123 million.
SEC Approves Bitcoin and Ethereum Crypto Index ETFs
Reading Time: < 1 minuteThe SEC has given its approval for the launch of combined Bitcoin and Ethereum ETFs by Hashdex and Franklin Templeton.
El Salvador Buys 11 Bitcoins Following Deal with IMF
Reading Time: < 1 minuteIn a swift move, El Salvador has recently added 11 Bitcoin to its Strategic Bitcoin Reserve, increasing its value to over $1 million.
Nigerian SEC Introduces Stricter Crypto Rules
Reading Time: < 1 minuteThe Nigerian Securities and Exchange Commission (SEC) has recently updated its regulations concerning cryptocurrencies, specifically targeting the marketing of crypto products and services by virtual asset service providers (VASPs) and social media influencers.
Binance is Sued by Australian Regulator
Reading Time: < 1 minuteASIC has taken legal action against Binance Australia Derivatives, a crypto derivatives trading platform, for failing to comply with consumer protection laws.
Hong Kong Approves Licenses for 4 Crypto Exchanges
Reading Time: < 1 minuteThe securities regulator in Hong Kong has approved four new cryptocurrency recent surge in the price of Bitcoin.
Judge Won’t Stop Coinbase’s wBTC Delisting
Reading Time: < 1 minuteIn a hearing on December 18, a federal judge in the United States District Court for the Northern District of California ruled in favor of Coinbase in a lawsuit filed by BiT Global.
ESMA Publishes Final Guidelines on MiCA
Reading Time: < 1 minuteThe European Securities and Markets Authority (ESMA) has issued its final guidelines in anticipation of the implementation of the Markets in Crypto-Assets (MiCA) regulation.
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