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Spain’s Basque Country Readies its Own Crypto Tax Laws, Exchanges to Be Forced to Report on Clients
20.5.2022
While central governments continue to hum and haw about the how, whens, and whys of crypto taxation and regulation, some provincial governments have decided to go it alone – particularly in the Basque Country, Spain.
El Indipendiente reported that all three of the Basque Country’s major Western...
South Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchanges
19.5.2022
While some furious South Korean crypto investors are readying multiple lawsuits for Do Kwon and the masterminds of the troubled terra (LUNA) protocol, others in the country are snapping up LUNA tokens at rock-bottom prices – even though the coin is currently being delisted from most major...
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
19.5.2022
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase...
Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds
18.5.2022
U.S. President Joe Biden’s administration will press Congress to demand cryptocurrency exchanges keep their customers’ money separate from their own corporate funds, according to a person familiar with the plan that could constrain the way the industry does business
BitcoinUSD․com Launches a Market Watch Site
18.5.2022
PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST
18.5.2022
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of the two coins. South...
What is P2P trading, and how does it work in peer-to-peer crypto exchanges?
17.5.2022
Buying and selling crypto on a P2P marketplace does not feature charts or market indications, unlike traditional exchanges
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
16.5.2022
Chief financial officer André Milanez said that the product will launch within the next 6 months
Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday
14.5.2022
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. This comes as AVAX and NEAR both fell by over 20%. Avalanche (AVAX) Although LUNA was undoubtedly...
Bitcoin price sees 'hell of a reversal candle' as 168,000 BTC leaves exchanges
13.5.2022
Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
13.5.2022
Transactions conducted during the blockchain halt are not considered to be final as they can’t be settled
SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often
12.5.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms...
Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets
12.5.2022
Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...
South Korean Court Gains Support from Exchanges in Bid to Include Crypto in Bankruptcy Cases
12.5.2022
South Korea’s judiciary is set to include crypto holdings in lists of debtors’ assets in bankruptcy cases – and the nation’s leading crypto exchanges have agreed to cooperate with courts on the matter....
Read More: South Korean Court Gains Support from Exchanges in Bid to Include Crypto...
US SEC Chair Worries 'Commingling' by Crypto Exchanges Could Endanger Clients’ Assets
11.5.2022
Cryptoasset exchanges are not placing walls between respective parts of their activities, such as trading, custody, and marketing services, which could lead to the “commingling” of their activities, and put their clients’ interests in jeopardy, according to Garry Gensler, Chair of the U.S....
Mexican Crypto Exchange Bitso Launches Stable Yield Program
11.5.2022
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on...
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond
10.5.2022
A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info
India Considers Imposing 28% GST on All Crypto Transactions: Report
10.5.2022
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give...
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
9.5.2022
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase...