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Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System
18.10.2024
The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya...
Praxis’ $525M Crypto-Native City: A Test for the Network State Model and the Future of Nations
18.10.2024
Praxis, an organization devoted to developing the first network state, has raised $525 million to finance the construction of its first city. The funding will streamline the construction of Praxis’ vision of a network state, a group of individuals with coordinated values settled in...
Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay
18.10.2024
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option...
US has 26M strong ‘crypto voting bloc’ ahead of elections — Survey
18.10.2024
One in seven, or 16%, of respondents in a survey by The Digital Chamber said they'd vote for the most pro-crypto candidate
Crypto Goes Mainstream: Blackrock Boosts North America’s $1.3T Inflows
18.10.2024
Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious...
Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation
18.10.2024
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while...
SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?
18.10.2024
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared...
Bitcoin Adoption Reaches Critical Low in El Salvador Despite Government Push
18.10.2024
A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are surprising to analysts, given the push that President Nayib Bukele has made for bitcoin in the country since its adoption...
The ‘memecoin supercycle’ theory is converting crypto unbelievers
17.10.2024
The memecoin supercycle theory has spread quickly, convincing many of the potential for big profits
Better Know a Crypto Candidate: Kari Lake
17.10.2024
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain
Stripe in talks to acquire stablecoin platform Bridge — report
17.10.2024
Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation
Cyprus freezes crypto applications ahead of EU-wide MiCA transition
17.10.2024
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA
Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
17.10.2024
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest
Venezuelans Crave USDT as Dollar Exchange Rate Explodes
17.10.2024
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success...
Most US voters prefer a pro-crypto candidate — Grayscale CLO
17.10.2024
More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm said.
The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows
17.10.2024
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January
Ambient Finance website hacked, team warns users to wait for fix
17.10.2024
In 2024, malware spread through Python Package Index, text messages, fraudulent macOS programs, and even automated email threads
India Emerges as Global Crypto Powerhouse Despite Regulatory Hurdles
17.10.2024
India has claimed the top spot in global cryptocurrency adoption, outpacing traditional crypto hubs and defying its own…
Crypto for Advisors: Bitcoin’s Price
17.10.2024
Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called “spot” ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital asset world and broke ETF records
India’s crypto tax is a gov’t attempt to ‘displace’ the tech — Lawyer
17.10.2024
Legal practitioner Amit Kumar Gupta told Cointelegraph that the Indian government’s stance on crypto reflects a lack of understanding of the technology.