Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
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.
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.
UK’s Regulator Seeks Public Comment on Crypto Regulations
Reading Time: < 1 minuteThe Financial Conduct Authority of the United Kingdom is asking for the public’s opinion on its proposed strategies for enhancing the transparency of the nation’s crypto markets.
Bank of England Demands Companies to Disclose Their Crypto Exposure
Reading Time: < 1 minuteThe Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England, has recently issued a directive that requires businesses to disclose their current and anticipated exposure to crypto assets by March 2025.
Australia May Introduce A Stricter Crypto Regulation
Reading Time: < 1 minuteAustralia has suggested more stringent measures to combat financial crime through the implementation of stricter Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) rules.
Visionary Entrepreneur Patents World’s First Non-Depreciating Crypto Asset
Reading Time: 3 minutesDubai, United Arab Emirates, 12th December 2024, Chainwire
Hong Kong Accelerates Crypto Licensing to Become Global Hub
Reading Time: < 1 minuteHong Kong is taking steps to expedite the approval process for cryptocurrency trading platforms as it aims to become a leading global hub for the crypto industry.
US Supreme Court Rejects Nvidia Appeal in Crypto Case
Reading Time: < 1 minuteThe Supreme Court has declined to hear Nvidia’s plea to halt a class-action lawsuit, signaling that the case will proceed.
CryptoAutos Announces TGE for $AUTOS Token Following Sold-Out Public Sale
Reading Time: 2 minutesLondon, United Kingdom, 10th December 2024, Chainwire
China Intends to Create a Bitcoin Reserve
Reading Time: < 1 minuteFormer Binance CEO Changpeng Zhao has proposed that China may consider creating a strategic Bitcoin reserve, possibly following a plan proposed by US President-elect Donald Trump.
Weekly Inflows into Crypto ETPs Reach $3.85B
Reading Time: < 1 minuteAs Bitcoin surged past $100,000 for the first time, investment products related to the cryptocurrency saw record inflows of $3.85 billion during the trading week of Dec. 2–6.
iYield Launches Crypto’s 1st Financial Planning Tool
Reading Time: 2 minutesMahe, Seychelles, 9th December 2024, Chainwire
Czech Republic Delays Tax on Bitcoin Gains
Reading Time: < 1 minuteThe Czech Parliament has voted to approve an amendment that will exempt individuals from paying personal income tax on capital gains from the sale of Bitcoin and other cryptocurrencies.
Trump Appoints ex-PayPal COO as Crypto Czar
Reading Time: < 1 minuteDavid Sacks, a former Chief Operating Officer of PayPal, has been chosen as the United States’ first artificial intelligence and crypto czar, a new position established by President-elect Donald Trump.
Australia’s Regulator Cracks Down on Cryptocurrency ATMs
Reading Time: < 1 minuteThe national financial intelligence agency of Australia has announced its priority for the upcoming year to focus on the cryptocurrency industry.
Crypto.com Shares Plans to Launch a Mastercard Card in Bahrain
Reading Time: < 1 minuteMastercard yesterday announced that it had granted a license to Crypto.com to offer their pre-paid payment card services on the Mastercard network in the GCC region.
21X Approved to Launch a Regulated Asset Tokenization Platform
Reading Time: < 1 minute21X, a German fintech company, has made history by becoming the first entity to receive a license from the European Union to operate a fully blockchain-based trading platform.
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,
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).
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.
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.
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.