Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Banks expand presence on EU MiCA register
Reading Time: < 1 minuteBanks now account for nearly 23% of crypto-asset service providers listed under the EU’s MiCA framework, up from about 17% in late June.
CFTC sends crypto rulemaking to White House
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has submitted a new regulatory action covering crypto transactions and markets for White House review.
Bitcoin ETFs finish week with modest inflow
Reading Time: < 1 minuteUS spot Bitcoin ETFs ended the week with a $6.2 million net inflow after attracting $433 million on Friday, according to SoSoValue data.
CFTC extends no-action relief to crypto software developers
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has issued no-action relief for software developers that connect users to regulated derivatives markets, subject to certain conditions.
US sanctions Iranian crypto exchange over alleged IRGC transfers
Reading Time: < 1 minuteThe US Treasury Department has sanctioned Iranian crypto exchange BitBank over allegations that it helped transfer hundreds of millions of dollars in Bitcoin to Iran’s Islamic Revolutionary Guard Corps (IRGC).
SEC launches five-year exemption for tokenised stock trading
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has introduced a five-year “Innovation Exemption” allowing certain venues to facilitate onchain trading of tokenised stocks.
FCA targets unregistered crypto traders in London
Reading Time: < 1 minuteThe UK Financial Conduct Authority (FCA) has targeted three London premises suspected of operating unregistered peer-to-peer crypto trading businesses.
House panel passes first federal crypto tax framework
Reading Time: < 1 minuteThe House Ways and Means Committee has advanced legislation setting out federal tax rules for digital assets, voting 38-5 in favour of the bill.
SEC, CFTC prepare crypto rules as Clarity Act stalls
Reading Time: < 1 minuteThe SEC and CFTC are preparing to advance crypto rules using their existing powers after the Senate failed to move the Clarity Act forward.
US House panel advances broad crypto tax bill
Reading Time: < 1 minuteThe Digital Asset Tax Certainty Act was introduced by committee Chair Jason Smith and combines several proposals discussed by lawmakers during a June hearing.
CLARITY Act stalls after US Senate vote
Reading Time: < 1 minuteThe US Senate has failed to advance the CLARITY Act after a procedural vote fell short of the threshold needed to move the crypto market structure bill forward.
US seeks $61 million in crypto linked to Iranian oil sales
Reading Time: < 1 minuteThe US Department of Justice is seeking to seize about $61 million in cryptocurrency allegedly linked to illicit Iranian oil sales.
Bitcoin accounts for most of $16.6 billion crypto options expiry
Reading Time: < 1 minuteAround $16.6 billion worth of Bitcoin and Ethereum options are scheduled to expire on 25 September, with bullish call positions outnumbering puts for both assets.
South Korea crypto tax petition reaches 50,000 signatures
Reading Time: < 1 minuteA petition calling for South Korea to delay its planned crypto tax by two years has secured the 50,000 signatures required for review by a National Assembly committee.
Reform UK receives record $97 million from crypto billionaires
Reading Time: < 1 minuteReform UK has secured a combined £72 million ($97 million) from crypto billionaires Ben Delo and Christopher Harborne.
Bitcoin ETFs lose $463 million as Ether funds remain resilient
Reading Time: < 1 minuteUS spot Bitcoin ETFs recorded $462.7 million in net outflows last week, ending a three-week run of positive flows.
Senate Republicans revise Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have released a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Senate Republicans release revised Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have published a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
UK Lords votes for statutory digital asset strategy
Reading Time: < 1 minuteThe House of Lords has backed legislation that would oblige the UK government to draw up a dedicated strategy for digital assets, against the position of Labour ministers.
ESMA flags risks from closer crypto-finance links
Reading Time: < 1 minuteCloser ties between crypto markets and traditional finance could increase the potential for disruptions to spread across the financial system, the European Securities and Markets Authority (ESMA) has warned.
Crypto Trading in Iran Slumps 80% After US-Israeli Strikes, But Market Structure Holds: TRM Labs
Reading Time: < 1 minuteIran’s cryptocurrency sector has suffered a dramatic drop in activity following recent US and Israeli military strikes.
Turkey Unveils Draft Law to Tax Crypto Gains and Introduce Transaction Levy
Reading Time: < 1 minuteTurkey’s governing AK Party has introduced draft legislation that would bring cryptocurrency earnings under a formal tax regime.
Regulators to Tighten Controls After South Korea’s Tax Agency Leaks Wallet Seed Phrase
Reading Time: < 1 minuteSouth Korean authorities have initiated a comprehensive review of digital asset custody practices across government agencies after a costly mistake by the National Tax Service (NTS) led to the loss of millions of tokens.
JPMorgan Flags US Crypto Legislation as Potential Turning Point for Second Half
Reading Time: < 1 minuteJPMorgan believes that progress on US crypto market structure legislation could help shift market momentum later this year.
X Lifts Global Ban on Paid Crypto Promotions but Keeps Restrictions in EU and UK
Reading Time: < 1 minuteSocial media platform X has eased its global prohibition on paid crypto and gambling promotions under a new labeling framework.

























