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Three Arrows Capital founders subpoenaed on Twitter
5.1.2023
3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly, or is in control of a third-party
Italy Introduces Capital Tax on Cryptocurrency Gains - Will Other Countries Follow Suit?
3.1.2023
Italy’s parliament has approved a proposal for a 26% tax on crypto gains above 2,000 euros ($2,110).
In addition to bringing a hefty tax on crypto gains, the new law also introduces incentives for taxpayers to report their crypto. Under the law, crypto owners are entitled to an amnesty...
Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’
3.1.2023
Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. In addition, the three users assert that all transactions “constituted unregistered sales...
2022 in Review: ViaBTC Capital Gathers Momentum and Delivers Win-win Results
3.1.2023
PRESS RELEASE. As financial markets worldwide confront major challenges, the crypto market has remained sluggish in 2022. Meanwhile, along with the slowing global economic growth, the crypto market has also entered a prolonged bear period. Despite the continued sluggishness of crypto this year,...
Public filings reveal a $3B crypto trader who still lives with his mom
3.1.2023
While living at his parent's house in Sydney, Australia, this crypto trader took home over $7 million in profits in 2021, according to public records
Report: Morocco Central Bank Governor Says Crypto Draft Law Now ‘Ready’
3.1.2023
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence...
Italy approves 26% capital gains tax on cryptocurrencies
2.1.2023
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
Top crypto funding stories of 2022
31.12.2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that's either a good thing or a bad thing
‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023
27.12.2022
Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent oil,...
Crypto Twitter confused by SBF's $250M bail and a return to luxury
23.12.2022
The crypto community raised many questions about how FTX's former CEO was able to secure bail and the conditions it will come with
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
Pantera CEO on the FTX collapse: Blockchain didn’t fail
21.12.2022
Pantera Capital CEO Dan Morehead argued that the FTX collapse has nothing to do with the promise of blockchain technology
Blockchain VC funding surpasses 2021 total despite declining since May
20.12.2022
After a tumultuous year in crypto, investors are now more selective with their funding
Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto
20.12.2022
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian lawmaker, Babangida Ibrahim, suggested that the Central...
FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M
19.12.2022
Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
19.12.2022
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets and stablecoins in one, and other cryptocurrencies...
Nigeria to Recognize Crypto as Investment Capital: Report
19.12.2022
A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said
Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report
19.12.2022
Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses to grant a bitcoin exchange-traded fund (ETF), according to a report
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
19.12.2022
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021