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Tether volume hits $600B as it attempts to take on Bitcoin as crypto’s benchmark
16.10.2020
Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways
Korean blockchain lobby calls for crypto tax plan to be put on ice
16.10.2020
The Korea Blockchain Association wants the government to postpone the implementation of its new tax framework until 2023
Crypto Capital's NFL defendant open to guilty plea, but not for $371M
16.10.2020
A former NFL team owner has been asked to pay $371M as part of a plea deal over bank fraud, illegal money transfers, and wire fraud. He's not interested
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
15.10.2020
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure...
Is Crypto Converging With Public Markets?
15.10.2020
Between bitcoin treasury holdings growing and crypto-focused SPACs, private crypto markets and public equities markets are closer than ever
Regulatory Crypto Sprint, Extended Mt. Gox, Crypto.com's 5m Users + More News
15.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
The New York Department of Financial Services announced its first-ever techsprint, an initiative to convene regulators and industry...
Blockchain Bites: Filecoin’s Mainnet, M&A’s Upswing, Tarbert’s Environmental Concerns
15.10.2020
Crypto M&A deals are on pace to surpass last year, CFTC Chairman Tarbert is "impressed" with Ethereum and Filecoin flies
China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto
15.10.2020
An in-depth analysis of China's digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system
Escalating DeFi scams tarnishing the crypto yield farming market niche
15.10.2020
With DeFi scams multiplying by the day, industry stakeholders urge investors to prioritize due diligence before investing in any project
New York’s Financial Regulator Targets Crypto Firms for Digital Reporting Initiative
15.10.2020
The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies
Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO
15.10.2020
People will be able to “bank themselves” with crypto
Grayscale Adds $1 Billion to Crypto Products in Q3, Sees ‘Unprecedented Demand’ for Bitcoin Cash
15.10.2020
Grayscale Investments has announced a record quarterly performance, raking in $1.05 billion in investments, mostly from institutional investors. The company also sees “unprecedented demand” for bitcoin cash. Record Quarter, Over $1 Billion Added Grayscale Investments released...
New Zealand Man Charged With Money Laundering Via Crypto and Luxury Cars
15.10.2020
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds
Americas' Share in Crypto M&A and Fundraising is Shrinking
15.10.2020
The Americas are loosing their share in crypto mergers and acquisitions (M&A) and fundraising, according to major consulting company PwC.
In their latest report which looks into the first six months of 2020, PwC found that the total value of crypto M&A in the first half of this year...
Alarming growth of difficult-to-detect ‘Lemon Duck’ crypto mining botnet
15.10.2020
A crypto mining botnet called Lemon Duck is spreading through Windows 10 computers, infecting users through fake Covid-19 emails
Crypto.com slashes staking rewards as user numbers top 5 million
15.10.2020
Crypto.com’s five million user milestone has been overshadowed by 70% reduction in staking rewards for its native CRO token
PwC Report Points to Banner Year for Crypto M&A and Fundraising Deals
15.10.2020
The value of acquisitions in the first half of 2020 has already surpassed that of full year 2019, according to a new report by PwC
BitMEX charges send ‘a message’ to global exchanges: Crypto Mom
15.10.2020
The SEC Commissioner said the recent legal action taken against BitMEX shows the need for the international industry to take AML regulations seriously
S Korean Industry Group Asks Seoul to Suspend Crypto Taxes until 2023
15.10.2020
Source: Adobe/Андрей Яланский
The Korea Blockchain Association (KBA) has urged the South Korean government to postpone plans to start imposing tax on crypto trading profits from October 2021 – stating that it seems unlikely that the required infrastructure will be in place in time.
Per ZDNet Korea...
OECD calls out countries for their inconsistent rules on crypto taxation
14.10.2020
The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets