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Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
5.1.2021
The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust
IRS Updates Instructions To Tax Individual Crypto Investors
5.1.2021
The US Internal Revenue Service (IRS) has released a new version of its draft instructions that clarify the definition of virtual currency. The tax agency aims to guide individual taxpayers on how to fill in the 1040 form that asks them whether they bought or sold cryptoassets last year, but...
Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto Adoption
5.1.2021
The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency
Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil
5.1.2021
Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market
$8.2 Million Worth of NFT-Based Artwork Sold in the Last Month of 2020 as ETH Prices Rally
5.1.2021
The non-fungible token-based artwork market witnessed a profitable end of 2020 with astonishing trading volume figures monthly compared to those seen during November. Metrics Show $8.2 Million Worth of Crypto Artwork Sold in December According to metrics revealed by Nonfungible.com, the volume...
Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining
5.1.2021
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary
Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules
5.1.2021
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said
Andreessen Horowitz joins push against FinCEN's 11th-hour crypto rules
5.1.2021
The venture capital firm has taken issue with U.S. regulators latest move against crypto
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
5.1.2021
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From...
Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
5.1.2021
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital...
Jack Dorsey warns that FinCEN regulations will drive crypto users offshore
5.1.2021
Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation
No Need for South Korean Lawmakers to Declare Crypto after Bill Fails
5.1.2021
South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so.
Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property...
Crypto Markets Jump on OCC Approval for Banks to Use Blockchains
5.1.2021
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains
Binance hits record high of $80B in daily volume as crypto markets surge
5.1.2021
Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms
Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year
5.1.2021
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total...
With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal
5.1.2021
It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny
UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto
4.1.2021
On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile...
Crypto-friendly app cautions users to 'reassess' XRP holdings
4.1.2021
Revolut warned users that their XRP funds could be stuck "in a worst-case scenario."
Crypto Listing and Delisting Announcements: Week 1
4.1.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Litecoin briefly flips XRP as 4th largest crypto amid Ripple–SEC spat
4.1.2021
XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap