Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Russian Lawmakers Greenlight Crypto Tax Bill
Reading Time: < 1 minuteRussian lawmakers have given their approval to the government’s proposal for a crypto tax bill, which will require Bitcoin miners to pay taxes on their earnings.
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).
Tether Ends Support for Stablecoin EURt
Reading Time: < 1 minuteTether has announced that it will no longer support its euro-pegged stablecoin, EURt. Users are being asked to redeem their EURt holdings within a year.
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.
CFTC Will Oversee Crypto Regulation Under Trump Administration
Reading Time: < 1 minuteThe incoming Trump administration is looking to expand the role and power of the Commodity Futures Trading Commission in overseeing the digital asset market, which is valued at $3 trillion.
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).
WisdomTree Files Application to Launch an XRP ETF
Reading Time: < 1 minuteWisdomTree, an asset management company based in New York, has filed a registration statement for an XRP ETF in Delaware.
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.
US Spot Bitcoin ETFs Lose $438M
Reading Time: < 1 minuteAccording to data from SoSoValue, seven spot Bitcoin ETFs in the US experienced a net outflow of $438.4 million on Monday.
Axie Infinity Fires 21% of its Employees
Reading Time: < 1 minuteSky Mavis, the creator of Axie Infinity, is laying off 21% of its workforce in an effort to position itself for growth in the upcoming year.
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.
Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading
Reading Time: < 1 minuteZA Bank has now expanded its services to include direct cryptocurrency trading for its retail users. It is the first bank in Asia to offer this service, according to the bank’s press release.
Bitwise Files to Launch a Solana ETF
Reading Time: < 1 minuteBitwise, a crypto asset manager, has officially submitted a registration statement on Form S-1 to the SEC for its proposed Bitwise Solana ETF.
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.
US Spot Bitcoin ETFs’ Assets Exceed $100B
Reading Time: < 1 minuteOn Wednesday, the total net value of the 12 spot Bitcoin exchange-traded funds (ETFs) in the US surpassed $100 billion.
SEC Distributes Almost $5 Million to BitClave ICO Investors
Reading Time: < 1 minuteThe SEC of the United States has recently issued a statement announcing the distribution of $4.6 million to investors of BitClave, a defunct cryptocurrency startup’s 2017 ICO.
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.
SEC Delays Decision on Franklin Templeton Crypto Index ETF
Reading Time: < 1 minuteFranklin Templeton, a company that issues crypto exchange-traded funds (ETFs), has expressed interest in launching a crypto index ETF.
Trading Volume of Bitcoin ETF Options Reaches $2B on First Day
Reading Time: < 1 minuteBlackRock’s Bitcoin ETF IBIT options made an impressive debut, with nearly $2 billion in notional exposure traded on their first day. Analysts are calling this an “unheard of” feat in terms of metrics.
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.
Coinbase Plans to Delist wBTC
Reading Time: < 1 minuteOn Tuesday, Coinbase announced its plans to halt trading of wrapped Bitcoin (wBTC) starting next month.
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.
Spot Bitcoin ETFs Attract $1.7B in a Week
Reading Time: < 1 minuteIn the past week of trading, Spot Bitcoin ETFs have seen a significant increase in inflows, amounting to $1.7 billion between November 11–15, 2024.
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.
MicroStrategy Will Hold a New Private Note Sale to Acquire More BTC
Reading Time: < 1 minuteThe founder of MicroStrategy, Michael Saylor, revealed that the company plans to offer $1.75 billion in zero-coupon convertible notes in order to acquire more Bitcoin.
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