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Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders
13.4.2021
Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or need to declare crypto holdings. Fines...
Fei Protocol struggles with a bug as holders are mostly unable to sell the token
7.4.2021
A vulnerability patch left the protocol with only partial functionality, but the price is still holding
US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights Group
31.3.2021
The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional...
US Court Rejects SEC’s Attempt to Block XRP Holders’ Motion to Intervene in Ripple Lawsuit
30.3.2021
In the SEC v. Ripple lawsuit, the court has rejected the SEC’s attempt to block XRP holders’ Motion to Intervene and has set submission deadlines for the motion to be filed as well as for responses from the SEC and Ripple. Judge Dismissed SEC’s Attempt to Stop XRP Holders From...
Aurus Brings the DeFi Revolution to Precious Metals
30.3.2021
Aurus is embracing the concept of DeFi to disrupt the precious metals industry. The firm has built a truly decentralised platform which allows companies like refineries, distributors and vaults to autonomously tokenise precious metals. The ingenious part of the Aurus system is their revenue-sharing...
XRP holders get green light for motion to intervene in SEC vs Ripple case
30.3.2021
A federal judge has accepted token holders' claim that their interests are not being adequately represented in the SEC's ongoing lawsuit against Ripple Labs
After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip
24.3.2021
After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip. Strong Hands...
No-collateral lending protocol Teller opens public alpha to NFT holders
23.3.2021
Participants of an NFT token sale will be able to use the lending protocol in its early release
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
20.3.2021
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. No Details...
US Judge Denies Request to Add XRP Holders as Intervenors in SEC’s Lawsuit Against Ripple
17.3.2021
A U.S. judge has denied the request to add XRP token holders as intervenors in the Securities and Exchange Commission (SEC)’s ongoing case against Ripple. In a ruling made one day after the motion was filed, the judge, Analisa Torres denied the token holders’ request “without...
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...
6,000+ XRP Holders Want to Testify, Bitcoin Stimulus + More News
15.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
The case of Ripple versus the United States regulators took a fresh turn as a group of XRP token holders asked the American court system...
Over 6,000 XRP holders volunteer as third party defendants in SEC lawsuit
15.3.2021
XRP holders claim their interests aren't being represented in an ongoing SEC lawsuit against Ripple Labs. Now they want to enter the fray as third-party defendants
Ripple Replies to SEC, Claims It Caused Damage to XRP Holders
5.3.2021
In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it necessary for its distribution and sale to be registered as such - stating that the regulator's complaint...
Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism
23.2.2021
Thailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation of the rising sun. Program Aims to Add New Segments With ‘High Spending’...
Thailand tourism board targets wealthy Japanese crypto holders
19.2.2021
Well-heeled Japanese crypto holders are being targeted by Thailand’s tourism industry
Tesla CEO to Support Dogecoin Holders
15.2.2021
Elon Musk, who has always favored Dogecoin ever since its existence, made an important announcement regarding the sale of majority holdings. He said that there is too much concentration of the coins amongst its holders, and due to this if the holders decide to sell off the majority of their...
Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report
14.2.2021
As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update...
Using Bitcoin With Apple Pay: Bitpay Adds Apple Pay Support — Google Pay, Samsung Pay to Follow
13.2.2021
Bitcoin payments service provider Bitpay has added support for Apple Pay. Holders of a Bitpay prepaid Mastercard in the U.S. can now add it to their Apple Pay app to make payments for goods and services. Bitpay says that Google Pay and Samsung Pay will also be added in the near future. Bitpay...
India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report
12.2.2021
The window of opportunity for investors to cash out to fiat is expected to be between three-to-six months