Search
Why You Should Diversify Your Digital Asset Portfolio
19.6.2024
Institutions need to broaden their holdings of crypto holdings in order to capture the full range of innovation in the market, says Felix Stratmann, head of research at Outerlands Capital
Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment
18.6.2024
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such...
Digital asset funds see biggest weekly outflow since March
17.6.2024
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14
Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares
17.6.2024
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance...
US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
14.6.2024
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
13.6.2024
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...
Ripple Completes Acquisition of Standard Custody & Trust Company
12.6.2024
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio...
Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
10.6.2024
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week...
Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M
10.6.2024
CoinShares believe the turnaround is due to "weaker than expected macro data in the U.S."
Customers Bank Said to Debank Some Digital Asset Hedge Funds
7.6.2024
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said
Franklin Templeton considers new altcoin-focused crypto fund
6.6.2024
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins
New law grants US president power to block digital asset access
6.6.2024
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users
US political change could expose crypto to $20T industry: Bitwise
5.6.2024
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan
Fidelity exec says most investors should have some Bitcoin allocation
5.6.2024
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis
Hong Kong Police sound alarm on rising digital asset-linked crime wave
4.6.2024
In recent months, the Hong Kong Police Force’s Advisory Group has raised alarms over a significant increase in crimes related to digital assets. This surge in illegal activities involves cryptocurrencies, non-fungible tokens (NFTs), and other blockchain-based financial instruments....
Watford FC Partners With Republic to Offer 10% Stake to Fans and Investors
4.6.2024
The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC Collaborates With Republic to Sell 10% Stake...
Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime
4.6.2024
The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset...
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
3.6.2024
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...
Australia’s First Spot Bitcoin ETF Launching Tomorrow
3.6.2024
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin...
Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry
3.6.2024
Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules...