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Ukrainian Lawmakers Mull Two Crypto Tax Bills
29.11.2023
Source: Mariana Ianovska/Adobe Ukrainian lawmakers are set to debate two crypto tax bills, as Kyiv looks to raise money from crypto traders. Per Minfin and PSM7, Yuriy Boyko, a member of the National Commission on Securities and the Stock Market, confirmed that the regulator was the author of...
Coinbase’s Custody Success: A Major Player in Nearly Every U.S. Bitcoin ETF Application
29.11.2023
Source: Adobe / prima91 Over a dozen asset managers have applied to launch a Bitcoin spot ETF in the United States this year – and Coinbase is poised to serve as custodian for virtually all of them. The firm’s custody arm, Coinbase Custody, is listed as a custodian in the S-1 registration forms...
Hong Kong Chief Executive Expresses Willingness to Cooperate on Granting More Powers to Regulate Crypto Exchanges: Report
29.11.2023
Source: Pixabay The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax. On November 27, Chief Executive John Lee addressed the recent virtual platform supervision fraud...
Derivatives Trading Protocol dYdX Chain Commences Rewards Distribution After Greenlight From Community
29.11.2023
Decentralized exchange platform dYdX has kickstarted its trading fee rewards program for its layer-1 derivatives protocol after receiving the go-ahead from its online community. Trading Rewards Now Live on dYdX Chain! Following a governance vote, users can now earn from a $20M reward pool in $DYDX...
Cristiano Ronaldo, MLB, and Mercedes F1 Hit with Litigation Relating to Binance, FTX
28.11.2023
Four recent class action lawsuits were filed against high-profile organizations and individuals for promoting the crypto exchanges, according to court documents filed in Miami on Monday. Cristiano Ronaldo, Major League Baseball, F1, and Mercedes-Benz and global advertising agency, Dentsu, are among...
More Apex Banks Jump on e-CNY Pilot Trial Program – The Rise of Global CBDC Issuance?
28.11.2023
Source: AdobeStock China’s e-CNY pilot program is gaining significant attention as three additional banks join the initiative. Reports from local news outlets reveal that Hong Kong-based HSBC Bank, Hang Seng Bank, and Taiwan’s Fubon Bank are already providing access to the Asian...
Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong
28.11.2023
Source: Pixabay / Andy Leung Interactive Brokers, an automated global electronic broker, is expanding cryptocurrency trading to retail investors in Hong Kong. The broker is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong....
EU Parliament Tasks Members to Take Leading Role in Metaverse-Tech Implementation
28.11.2023
Source: AdobeStock / Grecaud Paul The European Union (EU) parliament has called on member-states to take the lead in the creation of digital worlds in terms of strategy and technology implementation. In a Nov 29 press release, the body urged relevant parties in the jurisdiction to take charge...
Chainlink Expands Staking Accessibility Through v0.2 Release
28.11.2023
Source: Pixabay Chainlink has enhanced its native staking mechanism through the introduction of Chainlink Staking v0.2, featuring an increased pool size of 45 million. According to a press release on Tuesday, the initiation of the v0.2 upgrade will commence with a nine-day Priority Migration phase...
Future of business through the synthesis of blockchain technology, data and AI
28.11.2023
AI and blockchain are emerging technologies and have a very bright future. Both of them are at the cutting edge of innovation
Animoca Brands Invests in TON Play, Becomes Largest Validator on TON Blockchain
28.11.2023
Source: Pixabay Animoca Brands has become the largest validator on the TON Network after its investment in TON Play. The Hong Kong-based investment firm announced in a press release published Tuesday that it had partnered with the TON Blockchain to provide funding, research, and an analytics...
Changpeng “CZ” Zhao Steps Down From Binance.US Board of Directors
28.11.2023
Binance founder and former CEO, Changpeng “CZ” Zhao, has stepped down from the company’s board of directors following his guilty plea to several federal charges last week. “CZ” steps down Zhao “has decided to step down from his role as Chairman of our Board of Directors and transferred his voting...
Coinbase CEO Brian Armstrong: Binance Settlement Marks a Turning Point for Crypto
28.11.2023
Coinbase CEO Brian Armstrong. Source: Source: Getty Images In an interview with CNBC, Coinbase CEO Brian Armstrong has expressed optimism about the crypto industry’s future following the historic $4 billion settlement imposed on Binance. In the interview, Armstrong said he believes...
Additional Regulations May be Needed to Prevent Another FTX Style Catastrophe, FSB Report
28.11.2023
Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th. The report’s goal The international financial monitoring body’s report particularly focuses on multifunction crypto-asset...
Spain’s Crypto Users to Declare Digital Assets on Foreign Platforms as Tax Agency Updates Guidelines
28.11.2023
Source: alexlmx/Adobe Spain’s tax administration agency, popularly called Agencia Tributaria has released new rules governing digital asset reporting in the country that will see holders declare their foreign-held assets. The tax agency released form 721, a tax reporting form for users that hold...
Hong Kong Police Receive 145 Complaints of Hounax Crypto Scam Totaling $18.9M
28.11.2023
Hong Kong authorities confirm 145 victims and nearly $19 million lost in crypto scam involving unlicensed exchange Hounax. Image by Alexey Novikov, Adobe Stock. Authorities in Hong Kong have confirmed that 145 individuals filed complaints regarding losses from an unlicensed cryptocurrency exchange...
Cardano’s Charles Hoskinson Clashes With Blockstream’s Adam Back Over Crypto Security Classification
28.11.2023
Charles Hoskinson, co-founder of Input Output Global (IOHK) and the Cardano blockchain initiative, recently expressed his frustration in a video over the U.S. regulator’s decision to categorize the cryptocurrency cardano as a security. He’s perplexed and critical about the exemption...
Is It Too Late to Buy Toncoin? TON Price Spikes 18% as New Telegram Crypto Casino Launch Countdown Begins
28.11.2023
Leading Telegram-integrated blockchain The Open Network’s native Toncoin has seen a magnificent +18% spike in TON price, but is it too late to buy Toncoin? This comes as TON price reels from a -20% localized retracement move, triggered after pushing to 11-month highs back in early November....
Today in Crypto: Hong Kong Will Use ‘All Available Methods’ to Fight Crypto Scams, Americans are ‘Much More Open to Potential of Crypto Than Brits’
28.11.2023
Source: AdobeStock / Vitalii Vodolazskyi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Regulation news Hong Kong authorities may give regulators more power to fight cryptocurrency scams and will...
Animoca becomes largest validator of Telegram's TON blockchain
28.11.2023
Animoca Brands invests in Telegram’s TON blockchain protocol and becomes its largest validator as it eyes GameFi development on the platform