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Nalezeno "Cryptocurrency": 28388

Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities

4.4.2022
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency...

JPMorgan Sees Limited Upside for Crypto Markets

4.4.2022
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto...

Here’s how pro traders use Bitcoin options to profit even during a sideways market

3.4.2022
BTC price might be consolidating or even reaching a short-term top, but that doesn’t stop pro traders from using options to generate profits

Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise

3.4.2022
While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network...

Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits

3.4.2022
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences....

Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes

3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....

Prosecutor Seeks Thousands of Years of Prison for Missing CEO of Turkish Crypto Exchange Thodex

3.4.2022
Members of the team of the now defunct Turkish crypto exchange Thodex may receive thousands of years in prison, if the court backs the prosecutor’s plea in the case. The trading platform’s CEO has been missing for the past year since Thodex suspended activities in a suspected exit...

Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates

3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...

Defiance CEO ‘Completely Bullish on Bitcoin’ — Says It’s ‘a Good Time to Get in’

3.4.2022
The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K. CEO of Defiance ETFs Bullish on Bitcoin Sylvia Jablonski, chief...

Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’

3.4.2022
Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on April 1. He says, “this video explains everything.” Elon Musk Shares Dogecoin Video Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April...

Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter

2.4.2022
During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been...

Indonesia’s cryptocurrency community in 2022: An overview

2.4.2022
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia

India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force

2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...

Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here’s How You Can Contribute

2.4.2022
Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion. Per a report by blockchain research firm TRM which analyzed over 50 crypto donation campaigns, official government entities have received over...

Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%

2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...

Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says

2.4.2022
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia...

Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC

2.4.2022
According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls...