Crypto can be lucrative, but make sure you’re ready for the taxman
27.2.2021
Investing in digital assets can offer a plethora of opportunities, but when the taxman comes, investors best be prepared
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Regulated and Not Prohibited
27.2.2021
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary...
Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund
27.2.2021
As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers...
Spanish Bittrex Customer Says Exchange ‘Allowed’ Theft of His Bitcoin
27.2.2021
A Spanish court has given the Tenerife police permission to look into the case of an alleged Bittrex customer who claims the crypto exchange is at fault in the case of the “theft” of around USD 62,000 worth of bitcoin (BTC).
The Tenerife branch of the national police cybercrimes unit is...
Blockchain and crypto will challenge current finance, Nigeria VP says
27.2.2021
Yemi Osinbajo sees potential for crypto and blockchain
Increasing stock market volatility drags Bitcoin and altcoin prices lower
27.2.2021
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower
China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
26.2.2021
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain...
Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain
26.2.2021
Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token
NFTs based on STARZ show ‘American Gods’ coming soon from Curio
26.2.2021
The NFT market continues to expand, with upcoming tokens based on a mainstream TV show
Law Decoded: Loose ends and long dramas, Feb. 19–26
26.2.2021
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter
SEC’s Division of Examinations issues Risk Alert on digital assets
26.2.2021
The Risk Alert seemed to take particular aim at broker-dealers, who have been "inadequate" in their AML compliance