Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
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.
SEC Chairman Gary Gensler to Step Down in January
Reading Time: < 1 minuteGary Gensler, the current Chair of the Securities and Exchange Commission, announced his resignation on Thursday, effective Jan. 20.
SEC Distributes Almost $5 Million to BitClave ICO Investors
Reading Time: < 1 minuteThe SEC of the United States has recently issued a statement announcing the distribution of $4.6 million to investors of BitClave, a defunct cryptocurrency startup’s 2017 ICO.
SEC Delays Decision on Franklin Templeton Crypto Index ETF
Reading Time: < 1 minuteFranklin Templeton, a company that issues crypto exchange-traded funds (ETFs), has expressed interest in launching a crypto index ETF.
Goldman Sachs Announces Plans to Spin Off its Blockchain Trading Platform
Reading Time: < 1 minuteGoldman Sachs has announced plans to create a new company focused on blockchain networks and financial instrument trading, by spinning off its digital assets platform into an independent entity.
Bitwise to Launch a Crypto Index ETP
Reading Time: < 1 minuteBitwise Asset Management has announced that NYSE Arca has filed a Form 19b-4 to uplist the $1.3 billion Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). This […]
CFTC Clears Way for Bitcoin ETF Options
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has announced that it will no longer be involved in the clearing of Bitcoin ETF options.
18 US States Take Legal Action Against SEC
Reading Time: < 1 minuteA lawsuit has been filed by 18 US states against the Securities and Exchange Commission (SEC) and its Chairman Gary Gensler, alleging that the regulatory body has overstepped its bounds and acted beyond its authority in its actions against the growing crypto industry.
Revolut Expands its Crypto Exchange to 30 European Countries
Reading Time: < 1 minuteCryptocurrency-friendly neobank Revolut is expanding its crypto exchange, Revolut X, to 30 new markets across the European Economic Area (EEA).
Bitwise Plans to Launch an Aptos Staking ETP
Reading Time: < 1 minuteBitwise has announced the launch of the first ever staking exchange-traded product, featuring the Aptos currency, on the SIX Swiss Exchange in Switzerland.