Search

Nalezeno "Digital assets": 2430

Paradigm Supports Coinbase’s Case Against the SEC, Files Amicus Curiae Brief

19.3.2024
Paradigm has filed an amicus curiae brief supporting Coinbase in its legal battle against the SEC. The crypto investment firm argues that the SEC's refusal to provide clear regulatory guidance for digital assets is hindering compliance efforts and pushing businesses overseas. Coinbase's case...

Pro-Crypto Lawmaker Targets Leadership of House Financial Committee in Next Term

19.3.2024
Representative French Hill of Arkansas, who currently chairs the United States House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, has set his sights on assuming the leadership of the full committee. The post Pro-Crypto Lawmaker Targets Leadership of House...

Galaxy Surpasses $10 Billion in AUM as Institutional Interest in Digital Assets Skyrockets

19.3.2024
Galaxy Asset Management, a prominent crypto investment firm, has surpassed $10 billion in assets under management (AUM) amid a surge in institutional interest in digital assets. The post Galaxy Surpasses $10 Billion in AUM as Institutional Interest in Digital Assets Skyrockets appeared first...

Dubai International Financial Centre Enacts Digital Assets Law

18.3.2024
The Dubai International Financial Centre (DIFC), one of the largest free zones of the Middle East, Africa, and South Asia (MEASA) region, has enacted a new Digital Assets Law, revamping its whole legislative system to include these tools. The law changes previous contracts, insolvency, damages...

Russia Regulates Use of Digital Assets for International Settlements

15.3.2024
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...

Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption

14.3.2024
Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research...

House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal

14.3.2024
House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB), telling the independent government agency to “go back to the drawing board” regarding an oversight proposal that would...

Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments

13.3.2024
Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency...

Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law

13.3.2024
Russian President Vladimir Putin signed a law allowing firms in the country to use digital financial assets including the digital ruble in international payments on March 11. The post Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law appeared first on Cryptonews

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

12.3.2024
In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs...

President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal

11.3.2024
President Biden's 2025 budget proposal aims to introduce a crypto mining tax and close the wash sale loophole for digital assets. The move faces opposition from House Republicans, who criticize the administration's spending. As the 2024 presidential race heats up, the outcome could shape the future...

U.S. President Again Proposes Crypto Mining Tax, 'Wash Sale Rule' for Digital Assets in New Budget

11.3.2024
The U.S. president's budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by "modernizing rules" that include cryptocurrencies

Crypto Firm Copper Allegedly Sent $4.2M to Sanctioned Russian Arms Dealer’s Wallet

11.3.2024
UK-based crypto firm Copper Technologies reportedly transferred digital assets totaling more than $4.2m to a wallet associated with a Russian arms dealer. Subsequently, the individual faced US sanctions months later. The post Crypto Firm Copper Allegedly Sent $4.2M to Sanctioned Russian Arms...

Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 Million

8.3.2024
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage...

Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets

8.3.2024
Tether, the issuer of the world's largest stablecoin by market cap, USDT, is collaborating with the National Agency of Perspective Projects (NAPP) of Uzbekistan. NAPP is tasked with crypto regulation in the country. The post Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets...

Crypto Wallet Provider SafePal Invests in Swiss Bank to Enable Banking Services for Crypto Users

7.3.2024
SafePal has made a strategic investment in Swiss bank Fiat24, aiming to provide users with a banking gateway to pay for expenses using digital assets and transfer funds to compliant banks. The post Crypto Wallet Provider SafePal Invests in Swiss Bank to Enable Banking Services for Crypto Users...

Physical Bitcoin Worth Over $1 Million Presented At Auction Houses

7.3.2024
Well-known auction houses that typically offer rare coins, famous artworks, and other popular assets for collectors to bid on have started capitalizing on physical Bitcoin (BTC). Both Stack’s Bowers Galleries and Heritage Auctions are presenting “physical cryptocurrencies” as part of their upcoming...