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‘Public’ Adds Cryptocurrency Trading Citing Millions of Investors See Crypto as ‘Compelling Asset Class’
8.10.2021
Investing platform Public, with over 1 million users, is rolling out cryptocurrency trading. “Crypto is gaining momentum as a compelling asset class for millions of investors,” the company said. Public Launches Cryptocurrency Trading Investing platform Public describes itself...
Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow
7.10.2021
dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1
Stockbroker platform Public.com adds crypto trading feature
7.10.2021
The stock trading app is set to debut crypto trading for its users except those in the state of New York
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
1.10.2021
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...
CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments
30.9.2021
The Commodity Futures Trading Commission (CFTC) has charged 14 trading platforms that claim to offer crypto-related investments but have either failed to register with the CFTC or falsely claimed to be registered. These websites also exhibit other signs of being scams. 14 Entities Charged by CFTC...
‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BTC Ownership Claim Holds Water
27.9.2021
A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam....
Binance blocks fiat deposits and spot crypto trading for Singapore users
27.9.2021
The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny
Huobi outlines plan for Chinese investors after halting crypto trading
27.9.2021
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
25.9.2021
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered...
UAE regulators approve crypto trading in Dubai free zone
23.9.2021
Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals
Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations
22.9.2021
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption...
Top Brazilian investment bank BTG Pactual launches crypto trading app
21.9.2021
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins
PayPal completes crypto trading rollout for UK customers
17.9.2021
PayPal’s Bitcoin trading services are now fully available in the United Kingdom after the global payment giant began rolling out services last month
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
16.9.2021
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of...
NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions
15.9.2021
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General...
25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70
15.9.2021
According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future....
Dtrade Platform Helps New Traders To Get Into Crypto Trading
15.9.2021
Social trading has been a popular way for many inexperienced traders to break into the challenging and fast-paced stock and commodities trading world. Social trading allows first-time or novice traders to copy the trades of professional traders. Ideally, this should put the newcomers at...
Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers
14.9.2021
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank...
Zip eyes millennials with planned launch of crypto trading in the US next year
14.9.2021
Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users
Hebei is the latest China province to wield the crypto crackdown hammer
14.9.2021
Authorities in the province say crypto mining is inimical to China's environmental conservation efforts