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Hong Kong Chief Executive’s 2024 Policy Address Mentions Multiple Virtual Assets

17.10.2024
Hong Kong has introduced its Chief Executive’s 2024 Policy Address which not only mentioned a number of virtual…

Bitfinex Hacker Ilya Lichtenstein Should Serve 5 Years in Prison, DOJ Says

16.10.2024
Prosecutors have requested that Ilya “Dutch” Lichtenstein, who pleaded guilty last year to the 2016 hack of crypto exchange Bitfinex, should spend five years behind bars for his crime

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

16.10.2024
Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg

Italy to raise capital gains tax on Bitcoin from 26% to 42%

16.10.2024
In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold

Hong Kong Police Bust Group Running $46M Crypto Investment Scam Using Deepfakes

16.10.2024
A total of 27 people between the ages of 21 and 34 were taken into custody suspected of conspiracy to defraud following a raid on a Hong Kong office

Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

16.10.2024
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto...

Coinbase Escalates SEC Fight Over the Agency's Inside Chatter on ETH

15.10.2024
An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission's unwillingness to produce documents revealing the regulator's internal thinking on whether to pursue Ethereum's ether {{ETH}} and other tokens...

Harris beats Biden, lags Trump on crypto policy: Galaxy Research

14.10.2024
Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining, and self-custody, according to Galaxy Research

Kamala Harris to Back Crypto Reg Framework in Speech Today, Campaign Says

14.10.2024
Vice President and Democratic nominee Kamala Harris will announce her support for a regulatory framework for crypto as part of a speech targeting Black Men, her campaign announced Monday morning

Man Who Accidentally Sent $527M in Bitcoins to Dump Sues Local Council to Retrieve Them: Report

14.10.2024
In 2013, Howells accidentally threw out the hard drive his bitcoin stash that he had mined in 2009, worth around $1 million at the time but which now would be worth over $520 million

Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge

14.10.2024
The filing was dismissed because a U.S. judge who called the application a "bad faith" tactic

SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner

12.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led...

Russian Finance Minister: Western Policies Hurt the US Dollar

11.10.2024
Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets...

Bipartisan support for crypto is ‘fragile’ — Congressman John Curtis

11.10.2024
71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines earlier this year

FTX's Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort

11.10.2024
Former FTX executive Ryan Salame, convicted of violating U.S. election laws in his contribution of millions of dollars in the previous congressional elections, has been rebuffed in an 11th-hour attempt to delay his prison sentence to treat a dog bite to his face