Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
South Korea Plans to Regulate Cross-Border Crypto Transactions
Reading Time: < 1 minuteThe finance ministry of South Korea has announced plans to implement regulations on the trading of virtual assets across borders, such as cryptocurrency.
Denmark Intends to Tax Unrealized Crypto Gains
Reading Time: < 1 minuteThe Danish Tax Law Council has proposed a mark-to-market taxation method for cryptocurrency assets in a recent report. Their suggestion will soon be followed by a legislative proposal.
Radiant Capital Hacker Transfers $52M of Stolen Crypto
Reading Time: < 1 minuteThe individual responsible for the recent theft from decentralized finance protocol Radiant Capital has transferred almost all of the stolen funds from layer-2 protocols to Ethereum.
SEC Includes Crypto in its Examination Priorities for 2025
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has once again included cryptocurrency assets as part of its 2025 examination priorities.
Komainu to Acquire Custody Firm Propine
Reading Time: < 1 minuteKomainu, a company providing digital asset custody services, has set its sights on acquiring Propine Holdings, the parent company of local custody provider Propine Technologies, based in Singapore.
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minuteAsset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
Market Update October 18
Reading Time: < 1 minuteThe cryptocurrency market has seen a week of mixed movements, with some major coins experiencing significant gains while others have remained relatively stable.
Worldcoin Rebrands to World
Reading Time: < 1 minuteWorldcoin is undergoing a rebranding process and will now be known as World Network, or simply World.
Italy Plans to Raise Capital Gain Tax on Bitcoin
Reading Time: < 1 minuteItaly is set to significantly increase the capital gains tax on Bitcoin, jumping from 26% to 42%.
Canary Capital Plans to Launch a Litecoin ETF
Reading Time: < 1 minuteCanary Capital has announced its intention to launch a product focused on Litecoin, just a week after filing for an ETF that would directly hold Ripple’s XRP token.
Grayscale Files Application to Convert its Crypto Fund into an ETF
Reading Time: < 1 minuteGrayscale has submitted a request to the SEC to transform its Digital Large Cap Fund into an ETF.
Deutsche Bank Will Offer Foreign Exchange Services to a Crypto Market Maker
Reading Time: < 1 minuteDeutsche Bank and Keyrock, a market maker specializing in cryptocurrencies, have joined forces to offer multi-currency accounts and foreign exchange services.
Ripple Co-founder Donates $1M to Kamala Harris’ Campaign
Reading Time: < 1 minuteRipple co-founder Chris Larsen has contributed $1 million in cryptocurrency to a political action committee that supports Vice President Kamala Harris.
Market Update October 11
Reading Time: 2 minutesOver the past week, we have seen some interesting price movements, with Bitcoin and Ethereum taking the spotlight. Bitcoin, the world’s largest and most popular cryptocurrency, has had a rollercoaster week.
Ripple Files a Cross-Appeal in SEC Lawsuit
Reading Time: < 1 minuteRipple Labs has decided to appeal a recent ruling made by US District Judge Analisa Torres in their ongoing legal battle against the SEC.
SEC Files Lawsuit Against Cumberland DRW for Operating as Unregistered Crypto Dealer
Reading Time: < 1 minuteThe SEC filed a lawsuit against Cumberland DRW on October 10, citing the company for operating as an unregistered dealer.
VanEck Rolls Out New Fund to Invest in Crypto
Reading Time: < 1 minuteIssuer of spot Bitcoin exchange-traded funds (ETF) in the United States, VanEck, has introduced a new program aimed at supporting emerging cryptocurrency and artificial intelligence projects.
WisdomTree Launches a Debit Card Linked to its Onchain Money Fund
Reading Time: < 1 minuteWisdomTree has announced that it will allow debit card holders to make direct purchases using its tokenized onchain money fund.
US Prosecutors Charge 4 Crypto Companies
Reading Time: < 1 minuteAuthorities have charged four cryptocurrency companies and 15 individuals with participating in fraudulent activities and market manipulation.
Leading Stablecoin Issuers & Crypto Firms Embrace International Set Of Stablecoin Standards
Reading Time: 3 minutesLondon, United Kingdom, 9th October 2024, Chainwire
21Shares Asks EU for Unified Crypto ETP Legislation
Reading Time: < 1 minuteThe current regulations regarding crypto inclusion in these types of funds across EU countries are fragmented and inconsistent, causing confusion for investors.
Market Update October 4
Reading Time: < 1 minuteThe past week has been a rollercoaster ride for the cryptocurrency market as major coins such as Bitcoin and Ethereum experienced significant price movements.
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minuteJ.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
Ripple and Mercado Bitcoin Will Make Crypto Payments Available in Brazil
Reading Time: < 1 minuteRipple has teamed up with a major cryptocurrency exchange in Brazil to launch cross-border payments fueled by cryptocurrency.
Kraken Plans to Drop Monero Support in European Economic Area
Reading Time: < 1 minuteCrypto exchange Kraken has announced that it will no longer support privacy token Monero in the European Economic Area (EEA).
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