Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
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.
Trump’s New Meme Coin Skyrockets on His First Day in Office
Reading Time: < 1 minuteTrump’s new digital token, known as a “memecoin,” saw tremendous success in its first few days, reaching a market value of over $10 billion.
Crypto Expert Files Lawsuit Against US Attorney General
Reading Time: < 1 minuteA crypto developer has filed a lawsuit against the head of the US Justice Department, seeking a court ruling to declare their crypto software legal and prevent any potential future prosecutions.
VanEck to Issue a New ETF Focused on Crypto Companies
Reading Time: < 1 minuteAsset manager VanEck has submitted a request for approval to the US Securities and Exchange Commission (SEC) to launch the “On-chain Economy” ETF.
Illicit Crypto Volumes Reached $51B Last Year: Report
Reading Time: < 1 minuteAccording to estimates by Chainalysis, illicit crypto volumes potentially reached a whopping $51 billion in 2024.
CFTC Considering Crypto.com Probe
Reading Time: < 1 minuteThe Commodity Futures Trading Commission (CFTC) may be taking action against Crypto.com for offering investors the opportunity to place bets on major football games, including the upcoming Super Bowl.
Deribit Reportedly Exploring Buyout Offers
Reading Time: < 1 minuteCryptocurrency options exchange Deribit is considering potential buyout opportunities amidst a surge in merger activity within the blockchain industry.
Robinhood Agrees to Pay $45 Million to SEC
Reading Time: < 1 minuteThe SEC has announced that Robinhood Securities LLC and Robinhood Financial LLC will pay a combined $45 million in civil penalties to settle multiple charges stemming from regulatory failures.
Trump May Sign Crypto Executive Orders on His First Day
Reading Time: < 1 minuteUpon taking office, President-elect Donald Trump and his administration are expected to prioritize the cryptocurrency industry, with executive orders planned for the first day of his term.
Singapore Restritcs Access to Polymarket
Reading Time: < 1 minuteSingapore has joined the ranks of the US, France, Taiwan, and other jurisdictions in restricting access to the prediction marketplace Polymarket.
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