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Switzerland’s Postfinance Launches Crypto Trading and Custody Service


Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan,”...

The Bitcoin community is in splits with forking


BTC is exchanging hands at $52,312.71 at the time of drafting this article. There is every possible chance that Bitcoin may inch closer to its ATH by the end of this year. It has risen from the ashes of $20,000 in less than a year. With BTC gaining pace for a surge, it raises the …

US Judge Urged to Approve Binance’s $4.3 Billion Plea Deal


A U.S. Federal Judge has been urged to accept a plea deal from U.S. authorities with the cryptocurrency exchange, Binance. Prosecutors, in a memorandum, have asserted that the agreed-upon sanctions are commensurate with the extent of Binance’s deliberate law violations. Binance’s Alleged...

Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon


MicroStrategy executive chairman and co-founder Michael Saylor says he is not planning to sell any of his Bitcoin anytime soon, in an interview with Bloomberg’s Katie Greifeld on Tuesday.  The post Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon appeared first on Cryptonews

Major Party in South Korea Proposes to Defer Cryptocurrency Taxation


The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from...

Cryptocurrency Exchange Bitget Eyes Latam Expansion


Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving...

Coinbase CEO: Every Institution Is Now Starting to Hold Crypto


Coinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways...

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