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India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
1.2.2024
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry
Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
1.2.2024
The distribution will be made through PayPal and Coinbase
Best Crypto to Buy Now January 31 – Chainlink, Ronin, Mina
1.2.2024
While blue-chip cryptocurrency markets are pulling lower in wake of a hawkish Fed policy announcement, Flare (FLR), Monero (XMR) and Ronin (RON) are still in the green, making them amongst the best crypto to buy now. Bitcoin (BTC) was last down around 1.6% under $43,000 after Fed Chair Powell...
Markets Overly Confident Regarding Fed Rate Cuts, Risk Assets Could Decline: JPMorgan
31.1.2024
The U.S. Federal Reserve’s potential policy easing through interest rate cuts this year may not unfold as quickly and decisively as financial markets currently anticipate, according to JPMorgan Asset Management’s note published earlier this month. The asset manager remarked that essential...
Coinbase Exchange Advisory Council Adds Former UK Chancellor to Team
31.1.2024
Source: YouTube/ Channel 4 News The world’s second-largest crypto exchange, Coinbase, announced on January 31 the addition of former UK Chancellor of the Exchequer George Osborne as an advisor to its council. Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, disclosed this in an official...
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
31.1.2024
Its FTT token surged nearly 11% after the news
Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work
31.1.2024
The opposition party leads the polls in what's likely to be an election year
UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT
31.1.2024
A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported
SEC’s Gag Rule on Settlements Criticized by Commissioner Hester Peirce
31.1.2024
SEC Commissioner Hester Peirce has voiced her criticism against the US Securities and Exchange Commission’s (SEC) policy to uphold a gag rule impacting defendants who settle. In a statement published on the SEC’s website on January 30, Peirce argued that the rule, which prevents defendants...
UK's Digital Pound Approach Should Help Manage Privacy Concerns, Experts Say
31.1.2024
The U.K.'s approach to handling privacy concerns posed by a digital pound should help quench concerns, according to interviews with a wide range of crypto industry legal and technical insiders
Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million
30.1.2024
On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...
Bitcoin Heads Towards Fifth Consecutive Monthly Gain, Longest Winning Streak Since Pandemic
30.1.2024
Bitcoin is poised to achieve its fifth consecutive monthly gain, marking its longest winning streak since the pandemic-induced rally fueled by accommodative monetary policies. In January, Bitcoin (BTC) experienced notable price swings, driven by the introduction of the first US spot Bitcoin...
Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
30.1.2024
Thailand's SEC has updated its rules by removing retail investors' limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business
Googles Updates Advertising Policy for Crypto, Allows ETF Ads
30.1.2024
Google has finally executed an advertising policy update announced in December, allowing some cryptocurrency finance products, like the recently approved bitcoin ETFs, to include sponsored links on its platforms. Consequently, some bitcoin ETF issuers, like Vaneck and Blackrock, are already posting...
How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule
30.1.2024
Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry...
Bitpanda Crypto Exchange to Withdraw From Netherlands
30.1.2024
The company said it is committed to complying with the regulatory landscape
Floki Team Responds to Hong Kong Regulator Warning
30.1.2024
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product
HyperVerse's Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO
29.1.2024
HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal indictments against two of its leaders
A Backdoor Regulatory Option Haunts U.S. Crypto
29.1.2024
After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The Financial Stability Oversight Council (FSOC) can tag companies with systemic-risk labels that saddle them with tremendous new restrictions,...
Google to change its ad policy for Bitcoin ETF visibility
29.1.2024
Google, a subsidiary of Alphabet, is amending its ad policies specifically for the Bitcoin ETF. This will help the product reach a larger audience in the United States. The changes are expected to go into effect from today, January 29, 2024, and are pitched to alter the landscape of crypto...