Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Japan’s Ruling Party to Slash Crypto Capital Gains Tax to 20%
Reading Time: < 1 minuteJapan’s ruling political party, the Liberal Democratic Party (LDP), is advancing a comprehensive regulatory reform for cryptocurrencies.
SEC to Drop Case Against Cumberland
Reading Time: < 1 minuteCumberland DRW has announced that the Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against the firm.
Trump Says US Crypto Reserve Will Include XRP, Solana, and Cardano, and Prices Soar
Reading Time: < 1 minuteBitcoin, along with major cryptocurrencies Ripple’s XRP, Solana, and Cardano, soared after Donald Trump announced plans to establish a US crypto reserve.
Coinbase CEO: Bitcoin is Best Option for US Crypto Reserve
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has shared his perspective on US President Donald Trump’s recent announcement about the nation’s crypto reserve, suggesting that solely including Bitcoin might be the optimal choice.
UK to Expand Law Enforcement Powers to Seize Crypto
Reading Time: < 1 minuteThe UK government has introduced the Crime and Policing Bill, a legislative measure aimed at enhancing law enforcement’s capacity to seize illicit funds, including assets related to cryptocurrencies, originating from criminal activities.
Pakistan to Regulate Crypto with New Advisory Council
Reading Time: < 1 minutePakistan’s finance ministry has revealed plans to consider forming a National Crypto Council, representing a shift in the ministry’s approach to digital assets.
Franklin Templeton Launches a New Crypto Product
Reading Time: < 1 minuteFranklin Templeton has introduced its newest crypto exchange-traded product, the Franklin Crypto Index ETF.
SEC Acknowledges Several Crypto ETF Filings
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has recognized around half a dozen exchange filings related to cryptocurrency exchange-traded funds (ETFs) over the past two days.
Robinhood to Launch in Singapore
Reading Time: < 1 minuteRobinhood intends to introduce cryptocurrency trading products in Singapore through its subsidiary, Bitstamp.
Nigeria Plans to Introduce a Tax on Crypto Transactions
Reading Time: < 1 minuteNigeria is set to implement taxes on cryptocurrency transactions as part of a broader initiative to enhance government revenue, as reported by the country’s Securities and Exchange Commission.
CryptoAutos Acquires $20M Rental Fleet in Dubai, Advancing Real-World Asset (RWA) Adoption
Reading Time: 3 minutesDubai, United Arab Emirates, 18th February 2025, Chainwire
Colend Roadmap for 2025: New Features, Subscription model and the First Crypto Credit Card
Reading Time: 3 minutesHong Kong, China, 17th February 2025, Chainwire
Argentina’s President Milei Faces Criminal Fraud Charges
Reading Time: < 1 minuteArgentine President Javier Milei is facing criminal fraud charges due to his promotion of the $LIBRA token.
Figment Joins Blockchain Association to Advance U.S. Crypto Policy and Institutional Staking Adoption
Reading Time: 2 minutesToronto, Canada, 13th February 2025, Chainwire
BitGo Considers Public Listing
Reading Time: < 1 minuteAmerican crypto custody platform BitGo is reportedly planning to go public with an initial public offering (IPO) by the second half of 2025.
Franklin Templeton Files Application to Launch a Crypto Index ETF
Reading Time: < 1 minuteFranklin Templeton is seeking approval from the US Security Exchange Commission (SEC) to introduce a new crypto index exchange-traded fund (ETF).
Robinhood Suspends Super Bowl Betting Contracts
Reading Time: < 1 minuteRobinhood discontinued its Super Bowl betting contracts less than 24 hours after they were first introduced, after the US Commodity Futures Trading Commission requested their removal.
India Reevaluating Its Crypto Stance
Reading Time: < 1 minuteThe Indian government may be reconsidering its stance on cryptocurrency as global attitudes towards digital assets evolve.
Utah Passes Bill to Invest State Funds in Digital Assets
Reading Time: < 1 minuteThe Utah House Economic Development and Workforce Services Committee has approved a bill that allows the state to invest public funds in digital assets.
Tuttle Capital Files for Leveraged Crypto ETFs
Reading Time: < 1 minuteThe number of applications for crypto-related ETFs has significantly increased since former chair Gary Gensler resigned, with Tuttle Capital submitting 10 different leveraged products.
Brazil Bans Worldcoin from Giving Crypto to Users Scanning Their Iris
Reading Time: < 1 minuteOn January 24, the Brazilian National Data Protection Agency (ANPD) ordered Tools for Humanity (TFH) to cease providing Brazilian users with cryptocurrency or other financial rewards in exchange for their iris biometric data.
Canada Regulator Announces it Will Monitor Crypto Transactions to Fight Drugs Trafficking
Reading Time: < 1 minuteCanada’s financial intelligence agency, FINTRAC, has released a new alert highlighting the use of cryptocurrencies in laundering proceeds from synthetic fentanyl and opioid trafficking.
Trump Signs Executive Order Establishing a Crypto Task Force
Reading Time: < 1 minuteOn Thursday, President Donald Trump signed an executive order aimed at promoting the growth and development of cryptocurrencies in the United States.
SEC Cancels SAB 121 Crypto Accounting Bulletin
Reading Time: < 1 minuteOn Thursday, the SEC introduced a new bulletin, SAB 122, which allows financial institutions to hold digital assets.
Coinbase Asks Court to Rule Crypto Trading Should Not Be Subject to Securities Laws
Reading Time: < 1 minuteCoinbase has requested that a US appeals court rule that cryptocurrency trades should not be classified as securities.