Huobi sues… Huobi? 3AC rises from ashes, Korea crypto contagion: Asia Express
26.6.2023
Huobi Global’s woes intensify, OPNX exchange volume up 2.5M%, 3AC is dead — long live 3AC Ventures, South Korea crypto contagion update
Don’t follow the US: Blockchain Aus CEO hammers ‘regulation by enforcement’
26.6.2023
Blockchain Australia, the country’s peak crypto industry body has announced a new CEO who wants to speed up the crypto regulatory process
San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy
26.6.2023
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting...
Uncertainty over digital assets traps institutions in 'supervisory void' — Fed Governor
25.6.2023
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman
DigiToads set for a mega rally after launch, experts expect TOADS to be in the top 100
25.6.2023
DigiToads is an ICO blockchain project that has grabbed the attention of both crypto enthusiasts and investors alike. With its unique approach to driving value and incentivizing participation, DigiToads is primed for a stunning 3x rally fueled by the burning of TOADS- its native token. The DeFi...
Token issuers in Japan exempt from 30% crypto tax on paper gains
25.6.2023
Japan's National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers
Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains ‘Relatively Poor’
25.6.2023
The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations established by the institution. According to evaluations, almost three-quarters of the jurisdictions are partially compliant or non-compliant with these...
As Uniswap volumes remain stable, investors join the InQubeta presale for bigger gains
25.6.2023
The general crypto market continues its bearish decline. This has led to a continuous search for more viable investments. Before its recent surge in price, the trading volume of Uniswap (UNI) was stable, leading investors to reconsider their investment strategy. The unsurprising project that...
Bitcoin trades above $30K, boosting traders’ interest in ETH, ARB, VET and STX
25.6.2023
Bitcoin and Ether’s recovery has improved traders' sentiment, which could trigger buying in ARB, VET, and STX
Turkish Lira Plunges to Record Low a Day After Central Bank’s Interest Rate Policy U-Turn
25.6.2023
The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short of the 21% that some analysts had predicted. Turkish Lira Down 21% Since...
Crypto Trading Crucial to Virtual Asset Ecosystem, Says Hong Kong SFC Chief
25.6.2023
Cryptocurrency trading is an important part of the virtual asset ecosystem, according to Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC) of Hong Kong.
In a recent speech, Leung said the city-state recognizes the importance of crypto trading, adding that it welcomes...
US Treasury yields are rising — What does it mean for Bitcoin price?
25.6.2023
The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time