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Institutional Crypto Flows, El Salvador's Tax-Free BTC Profit + More News


now risen 143% since their lows in early July to USD 3.8bn. This rise in volumes and inflows indicates investors are now beginning to be more active following the seasonal summer doldrums, per CoinShares.MTD - month-to-date; YTD - year-to-date; AUM - assets under management. Source: CoinSharesSinga

Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs


On Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include...

Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama


A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals in the bill is the legalization of cryptocurrencies, like bitcoin and ethereum, as a means of payment, including for paying taxes. Proposed Crypto Law Will ‘Give Legal...

Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market


The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...

New USD 750M Crypto Investor, Blockchain Racing + More News


howard-backed-10t-raises-750-million-for-debut-crypto-fund?srnd=cryptocurrencies">reported. The firm has already deployed about 80% in mid-to-late stage companies in the ecosystem for digital assets, it added.Blockchain project SubQuery has

Litecoin Launches Smart Contract, DAO, Token Assets, and NFTs


Litecoin Foundation, the Singapore-based, non-profit organization, has introduced its own decentralized token minting hub named “OmniLite”. It will facilitate the Litecoin ecosystem. It is also being heralded as a tough competitor to Ethereum. Dubbed as “Ethereum Killer”, it will allow access...

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