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Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million


On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...

IRS Revises Digital Asset Question on Tax Forms


The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers, not just by those who engaged in a transaction...

Coinbase Unveils AI-Generated NFTs with “Instamint”


Crypto exchange Coinbase’s NFT marketplace has released a AI-generated NFT feature. In an X post on January 18, Coinbase unveiled its latest feature, “Instamint,” on its NFT marketplace. This feature enables users to generate NFTs using artificial intelligence. Coinbase is providing users with...

Ethereum’s Vitalik Buterin Proposes Gas Limit Increase


Amidst escalating transaction fees, Ethereum’s Vitalik Buterin has suggested a substantial gas limit increase, potentially boosting network capacity and reducing user expenses. Ethereum’s Vitalik Buterin Advocates for Higher Gas Limit to Improve Network Capacity Ethereum ecosystem...

Two South Korean Brokerages Pause Transactions of Foreign Spot Bitcoin ETFs


Source: Pixabay Two major South Korean securities firms have suspended transaction services of foreign spot Bitcoin ETFs. Following an announcement from South Korea’s Financial Services Commission, the country’s top financial watchdog, Samsung Securities and Mirae Asset Securities...

South Korea Upholds Crypto ETF Ban Amid Country’s Rising Bitcoin Premiums


South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Commission (FSC) clarified to local journalists that...

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