Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Nigeria Proposes a New Law to Tax Cryptocurrencies
Reading Time: < 1 minuteNigeria’s Federal Inland Revenue Service (FIRS) is set to introduce a tax on the crypto industry. The tax bill is expected to be presented to parliament for approval by September.
Bitwise Buys European ETP Provider ETC Group
Reading Time: < 1 minuteCrypto asset manager Bitwise has strengthened its global presence by acquiring London-based ETC Group.
Market Update August 19
Reading Time: < 1 minuteThe world of cryptocurrency has been buzzing with activity over the past 24 hours, with major coins like Bitcoin and Ether experiencing interesting price movements.
BlackRock’s ETFs Surpass Grayscale’s
Reading Time: < 1 minuteBlackRock’s digital asset exchange-traded funds have overtaken those offered by leading competitor Grayscale in terms of total assets under management.
Australia’s Regulator Takes Down 600 Crypto-related Scams
Reading Time: < 1 minuteThe financial markets regulator in Australia has reported removing more than 600 fraudulent cryptocurrency schemes in the past year, cautioning that fraudsters and artificial intelligence are constantly adapting their methods to deceive unsuspecting individuals.
Market Update August 16
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen a mixed movement in prices. Most major cryptocurrencies have shown a slight increase in value, while others have experienced a small decline.
Dubai Court Says Crypto Salary Payments Are Valid
Reading Time: < 1 minuteThe Dubai Court of First Instance has ruled that salary payments in crypto are valid under employment contracts.
Market Update August 15
Reading Time: < 1 minuteThe cryptocurrency market has experienced a slight dip in prices over the past 24 hours.
Market Update August 14
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen some interesting price movements. Bitcoin has experienced a 3.41% increase in its price, reaching $60,945.54.
Market Update August 13
Reading Time: < 1 minuteBitcoin has increased by 0.85% to reach a price of $58,948.30. This comes after a period of volatility.
SEC Files a Lawsuit Against $650M Crypto Fraud Promoters
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.
Thailand Rolls Out a Regulatory Sandbox for Crypto Projects
Reading Time: < 1 minuteThailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.
Singapore’s Regulator Grants a Payment License to BitGo
Reading Time: < 1 minuteCryptocurrency custody firm BitGo is expanding its global presence by obtaining regulatory approval in Singapore, known as one of the world’s most crypto-friendly countries.
Grayscale Expands its List of Crypto Investment Products
Reading Time: < 1 minuteGrayscale has expanded its list of available investment products to now include Bittensor and Sui.
Bitstamp to Make Bitcoin More Accessible in Europe
Reading Time: < 1 minuteCrypto exchange Bitstamp has partnered with fintech platform Stripe to make Bitcoin and other digital currencies more accessible in Europe. Through this collaboration, announced on August 7, consumers in the […]
Valour Plans to Launch Crypto ETPs in Kenya
Reading Time: < 1 minuteValour has entered into a memorandum of understanding with the Nairobi Securities Exchange (NSE) and SovFi to enable the issuance and trading of digital asset exchange-traded products (ETPs) on the NSE in Kenya.
Bitcoin ETFs’ Trading Volume Reaches $1B
Reading Time: < 1 minuteTrading activity for Bitcoin ETFs started strong on August 5, with trading volumes reaching over $1 billion in just 20 minutes.
Weekly Outflows from Crypto Investment Products Hit $528M
Reading Time: < 1 minuteGlobal investment products in the cryptocurrency market, managed by companies such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares, experienced net outflows of $528 million last week.
Singapore Grants HashKey Group’s OTC Trading Division a Payment License
Reading Time: < 1 minuteHashKey Group’s over-the-counter trading division has become the latest crypto company to be granted a payment license by the Monetary Authority of Singapore, under the Payment Services Act of 2019.
Market Update August 2
Reading Time: < 1 minuteCrypto market continues its unpredictable journey as the prices of major cryptocurrencies experienced mixed movements over the past day.
Market Update August 1
Reading Time: < 1 minuteBitcoin, the leading cryptocurrency, experienced a decline of -3.02% over the last 24 hours to reach $64,295.39.
Market Update July 31
Reading Time: < 1 minuteBitcoin has experienced a drop of 0.94% over the past day, trading at $66,189.33.
Market Update July 30
Reading Time: < 1 minuteOver the past 24 hours, the cryptocurrency market has seen some notable price movements. The market cap has seen a decline of 2.80%, dropping to $2.4 trillion.
Market Update July 29
Reading Time: < 1 minuteThe crypto market has seen some significant price movements over the past 24 hours, with Bitcoin reaching a staggering $69,481.63, a gain of 4.52% from its previous value.
Ledger Launches a New Crypto Wallet
Reading Time: < 1 minuteCrypto wallet provider Ledger has recently released a new product, “Ledger Flex.”
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