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‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax
29.11.2021
Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.”
The British Treasury last year announced...
UK digital services tax targets crypto exchanges
29.11.2021
Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK
OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA
26.11.2021
Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform
Crypto Trading Volumes Are Shifting to Decentralized Ecosystems; Can Centralized Exchanges Keep Up?
26.11.2021
The crypto industry has significantly evolved in the past decade, with Bitcoin setting the stage for other cryptocurrencies like Ethereum and Dogecoin. However, the biggest shift has been the mass migration to decentralized exchanges (DEXes) following the debut of protocols such as Uniswap...
Chinese Central Gov’t Wants to Create ‘Digital Asset Exchanges’ as CBDC Nears
26.11.2021
China’s policy-forming State Council has announced that it wants the nation to launch Beijing-based digital asset exchanges to power the adoption of its forthcoming central bank digital currency (CBDC) project, the digital yuan.
The council called upon financial bodies to speed up the pilots...
Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges
26.11.2021
Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens...
US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
26.11.2021
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption...
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
24.11.2021
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms
Shiba Inu slump continues: Data shows retail interest waning as SHIB down 60% in 4 weeks
24.11.2021
Conflicted technical setups emerge in the wake of Shiba Inu’s latest price decline, with price targets sitting as high as $0.0001
Bitcoin exchanges see large deposits despite BTC reserves hitting 3-year lows
23.11.2021
Bitcoin price spikes continue as data reveals exchange activity is anything but flat this week
South Korean Crypto Exchange Heavyweight Bithumb Gains Operating Permit
23.11.2021
The last of the South Korean “big four” crypto exchange platforms – Bithumb – has finally received an operating license from the nation’s financial regulator, the Financial Intelligence Unit (FIU).
Bithumb had submitted its application to the FIU ahead of the latter’s September 24 deadline....
Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
21.11.2021
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also...
Decentralized exchanges aren’t ready for derivatives
20.11.2021
DEXs conceivably hold great promise for the future of derivatives trading, but not at the cost of security, speed and availability for all
Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming
20.11.2021
Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity funding round. This financial round gave it a valuation of $7.1 billion, being one of the most valuable exchanges in the crypto world. The financial round, led...
'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev
19.11.2021
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge
India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
19.11.2021
India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only...
Crypto Exchanges & Bitcoin Price Trackers Among Venezuela’s Most-Visited Websites
18.11.2021
The Venezuelan President Nicolás Maduro and his cohorts have long banged the drum about creating a “crypto-powered economy” – but it appears that either the message has got through to citizens, or Venezuelans have been adopting crypto of their own accord.
Per monthly web traffic data from...
India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification
17.11.2021
Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework
Cryptowisser: 79 Crypto Exchanges Dead in 2021 – Even More Than in 2020
16.11.2021
PRESS RELEASE. November 2021, leading Crypto service comparison site – Cryptowisser, announces its annual Crypto exchange graveyard. The list serves as the only existing extensive database for “dead” cryptocurrency exchanges. Over the last year many exchanges have been victim...
‘Only 1% of Super-Rich South Koreans’ Willing to Invest in Crypto – Survey
16.11.2021
Crypto investment has hit sky-high levels in South Korea this year, with trading volumes at most exchanges breaking all sorts of records, leaving stock market volumes in the dust behind. The issue of crypto has even infiltrated mainstream politics, where it could set to determine the result of next...