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New Crypto Rules in New York + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency 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 (NYDFS) issued their 'Proposed Guidance Regarding Adoption or Listing...

Market Update: Despite Uncertainty, BTC Longs Skyrocket


Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners


The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...

How Saying 100K Times ‘Crypto’ Helps Homeless (And Promotes Your Startup)


CoinBurp CEO, Peter Wood, during a live stream. In an ambitious bid to raise money for Centrepoint, a UK homeless charity, and encourage charities to accept cryptocurrency as the form of donation, Pete Wood, the CEO of CoinBurp, a crypto startup, has challenged himself to say the word ‘crypto’...

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun


On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...

This is How 'Sheep Investors' Helped Build Alleged USD 722M Crypto Ponzi


Source: iStock/ridvan_celik U.S. law enforcement has arrested three men in connection with a USD 722 million cryptocurrency mining Ponzi scheme that targeted thousands of investors the conspirators called “dumb” and “sheep.” The U.S. Attorney’s Office for the District of New Jersey said yesterday...

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest


Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to...

CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto


On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...

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