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Japan slow to approve crypto ETFs, maintains strict tax, regulations
23.10.2024
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption
DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M
23.10.2024
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%
UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
23.10.2024
A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a competitive crypto sector. The regulator warned...
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
23.10.2024
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased...
Crypto bills may move forward in ‘lame duck’ Congress, says Rep. Hill
23.10.2024
Representative French Hill says two crypto-regulating bills in the US might make some progress on Capitol Hill before the current Congress disbands
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
23.10.2024
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create...
‘Battle against inflation is almost won’ says IMF chief economist
23.10.2024
The IMF says inflation should return to normal by the end of next year but warned of slowing growth and increasing economic inequality.
Football Stars to Face Legal Actions Regarding $3.2B Pyramid Scheme Promotion
23.10.2024
Promoting Omegapro, a pyramid scheme that raised over $3 billion from over 3 million customers, might make a group of European football stars face legal action. Hundreds of users affected would be preparing to sue these individuals, alleging that they trusted the company, which offered yields...
Solana’s New AI Crypto Flávia Reach Market Cap of Over $40M in 9 Hours of Launch
23.10.2024
The market value of Solana ecosystem’s new AI meme coin Flávia exceeded 40 million US dollars within 9…
Crypto Industry’s IPO Challenge May End No Matter Who Wins US Elections
23.10.2024
Several venture capitalists believe that the initial public offerings(IPO) challenge by leading crypto companies in the US might…
US ‘dropping the ball’ on crypto, but that should change soon: Tether CEO
23.10.2024
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections
Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues
23.10.2024
Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure to manage user funds. Liminal emphasized it had...
Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren
23.10.2024
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission...
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
23.10.2024
The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays...
CFTC Chairman on Juggling Election Bets & Crypto Regulation
22.10.2024
The U.S. Commodity Futures Trading Commission (CFTC) is grappling with new regulatory pressures following a recent court ruling…
Komainu targets Singapore custodian Propine for first acquisition
22.10.2024
The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future
Judge delays sentencing of IcomTech promoter to allow testimony
22.10.2024
Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25
International agencies report on tokenization to G20 officials
22.10.2024
The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges
Andy Barr's 'Vision' for House Financial Services
22.10.2024
Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible...
Bitcoin price will benefit from rising hashrate, US inflation fears and crypto-friendly presidency
22.10.2024
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.