Italy scales back plans to hike crypto tax rate: Report

A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.

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Bitcoin ETFs Fuel Resurgence In Crypto Interest, According To Gemini’s 2024 Report

Crypto exchange Gemini has released its 2024 global crypto report, offering valuable insights into current investor attitudes and ownership trends in the digital asset space, given the newly introduced Ethereum and Bitcoin ETFs.

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Crypto ATMs fraud and scams on the rise in the US: report

Scammers are using crypto ATMs to steal millions of dollars in the U.S., according to a new report by the Organized Crime and Corruption Reporting Project (OCCRP) and the Miami Herald. In one case, a 77-year-old Chicago woman lost $9,000…

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ETFSwap (ETFS) Named The Leading Presale In Forbes Crypto Startups Report

On Monday, the popular American business magazine Forbes published a report about promising crypto startups on its website, and the ETFSwap (ETFS) presale has spearheaded the list. The article suggests that the Bitcoin Halving event that was held a few days ago has fueled market optimism, which will drive millions of dollars to many crypto […]

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EU’s ESMA edges closer to crypto regulations with latest MiCA report; seeks public feedback

The European Securities and Markets Authority (ESMA) has moved to the final phase of establishing a regulated environment for crypto assets in the EU with the publication of its latest report on the Markets in Crypto Assets (MiCA) regulation.  The…

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Crypto laundering drops as per Chainalysis report; Galaxy Fox presale popular among investors

Two narratives are recently unfolding in the crypto sphere. On one front, a recent report by Chainalysis unveils a promising decline in crypto laundering activities, marking a significant step forward in ensuring the integrity of digital transactions.

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Israel Intensifies Scrutiny Of TRON Transactions Amid Ongoing Militant Financing Battle

A report from news outlet Reuters indicates increasing oversight by Israeli authorities on transactions on TRON. The report comes amid backlash from the crypto community due to mainstream media outlets trying to link crypto to illegal activity.

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Tokenized RWAs Could Grow to a $10T Market by 2030 as Crypto Converges to TradFi: Report

The market for tokenized real-world assets could grow to $10 billion by 2030 as crypto is maturing and increasingly integrates with existing financial plumbing, crypto asset management firm 21.co said in a report.

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Crypto projects lose nearly $900M to hacks, exploits in Q3 – report

Crypto projects lost nearly $889 million to hacks, phishing scams, and rug pulls during the third quarter, blockchain security firm Beosin revealed in its Global Web3 Security Report. According to the report, crypto investors lost $282.

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Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin

The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months.

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Green Bay Police Report Record Levels of Crypto Fraud Just Days After FTC Advisory

The police in a Midwestern city report that citizens have lost more than a quarter of a million dollars to crypto scams since 2020. The post Green Bay Police Report Record Levels of Crypto Fraud Just Days After FTC Advisory appeared first on BeInCrypto.

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Here’s What Binance’s Latest Reserves Report Says About Its Ability To Cover User Deposits

Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concerns.

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Money Laundering in Crypto Is a Growing Problem, Report Says

A full 28% of crypto firms report a rise in Suspicious Activity Reports (UK).

The post Money Laundering in Crypto Is a Growing Problem, Report Says appeared first on BeInCrypto.

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Global crypto revenue to hit $1.1 trillion by 2030 amid increased crypto adoption: report

The global crypto revenue is projected to reach $1. 1 trillion in the next seven years, according to a new report on the industry’s growth. In its recently published report dubbed “Thematic Intelligence: Cryptocurrencies,” GlobalData, key trends likely to impact the growth of crypto over the next few  years will be macroeconomic trends and crypto regulation.

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Are You Missing Out? 6 Highlights From CoinGecko’s Q1 Crypto Report

The first quarter of 2023 has been significant for the crypto industry, with the market making a strong comeback after a turbulent end of 2022. According to Coingecko’s first-quarter report, the crypto market has outperformed traditional assets, with Bitcoin leading the charge.

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Crypto market is ‘healthier’ than prices may indicate, says a16z report

Crypto prices are languishing way below the dizzying heights of 2021, even with Bitcoin’s (BTC) price breaching the $30,000 mark. And yet, despite the crypto winter last year, the market has matured and made progress, according to a16z’s latest ‘State of Crypto’ report.

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Bank Of Russia To Incorporate Domestic Crypto Holdings In Consumer Finance Survey

The Central Bank of the Russian Federation (CBR) has released its latest report on household finances, which includes an assessment of public holdings of digital or crypto assets. The report, conducted biennially since 2013 and covers the previous year, was published last Friday.

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Crypto Industry Struggles To Access Banking Services In The US, Report Shows

Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work with crypto customers. Recent events such as the closure of crypto-friendly Silvergate Capital Corp.

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Dapp industry survives FTX disaster, report shows

DappRadar’s November report reveals that DeFi and DApps are still strong, despite the centralized crypto projects collapse. According to a recent DappRadar report shared with Crypto.news, the crash of FTX and other centralized crypto projects touched the DeFi industry on…

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Binance CEO Zhao Considering Buying Banks: Report

Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a report in Bloomberg.

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What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation

The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned.

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Crypto Is Quietly Thriving in Sub-Saharan Africa: Chainalysis Report

The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects, crypto is “a way to feed their family," says Convexity founder Adedeji Owonibi.

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Crypto Sell-off Deepens After Hot Inflation Report

Crypto markets fell sharply on Tuesday following an August Consumer Price Index Report showing hot inflation numbers. The post Crypto Sell-off Deepens After Hot Inflation Report appeared first on BeInCrypto.

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Consumer Sentiment Relatively Strong Amongst US Crypto Owners, Despite Fall In Prices: Report

As of May 2022 data, new crypto adoption in the US was primarily driven by high-income earners, millennials and Generation Z adults. Baby Boomers remained largely disinterested in cryptocurrency. This is as per the July 2022 Morning Consult crypto report “Our Analysts on the State of Cryptocurrency.

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Crypto to reach 1 billion users in 2030: BCG Report

A report by Boston Consulting Group shows that 0.3% of individual wealth is invested in crypto while 25% is in equities.

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Asian Crypto Start-Ups Could Become ‘Unicorns’ Despite Crypto Winter, Says Report

A joint report by KPMG and HSBC has shed light on the state of start-ups in the Asia Pacific. The report picked a handful of Web 3 companies that could emerge as unicorns in the coming years. The post Asian Crypto Start-Ups Could Become ‘Unicorns’ Despite Crypto Winter, Says Report appeared first on BeInCrypto.

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Report: MANA, SAND, AXS, APE, GMT lead crypto game with...

In a recent publication titled the “May 2022 market recap and outlook”, Kraken, a leading cryptocurrency exchange in the United States provided interesting insights into the performance of some meThe post Report: MANA, SAND, AXS, APE, GMT lead crypto game with... appeared first on AMBCrypto.

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Report: Crypto traders potentially owe IRS around $50B in unpaid taxes

A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service (IRS), saying that the tax gap for crypto traders could be up to $50 billion, CNBC reported.

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62% Of Brazilians Consider Crypto To Be The Future Of Finance – Report

According to a report by crypto exchange Kucoin, over half of the Brazilian adult population believes in crypto taking over as a store of value and means of payment in the future.

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Bank of America report says crypto, DeFi are “only in the first inning”

This week, Bank of America (BoA) published a favorable crypto report detailing its analysis of the sector. The post Bank of America report says crypto, DeFi are “only in the first inning” appeared first on CryptoSlate.

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KuCoin Labs Q2 2020 Report Gives Insights Into the Role of DeFi, NFTs, DEX in Fostering Crypto Adoption

KuCoin crypto exchange’s investment and research offshoot KuCoin Labs today released its 2021-Q2 Crypto Industry Quarterly Report with a number of interesting insights. DeFi, NFT Significant for Crypto Adoption In the report, research has been done on several important landscapes within the crypto industry, such as DeFi and NFT.

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American Bankers Association Report Suggests Banks Partner With Crypto Firms

A new report from the American Bankers’ Association (ABA) recommends banks partner with crypto firms. The report cites both an increase in profitability of the crypto space and rising client interest as reasons.

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U.S. Treasury Calls For IRS Reporting Of $10K+ Crypto Transfers

Continued political buzz is abundant lately around crypto, and today is no exception. In a initial report from Bloomberg this morning, the U.S. Treasury has shared intent to require businesses, and likely individuals as well, that transfer $10,000 USD and above in crypto to report the transactions to the IRS. The move is part of […]

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Former LSE Chief Says Crypto Could Help London Thrive Post-Brexit

Co-authored with Shore Capital Head of Research Clive Black and Senior Political Advisor Matthew Elliot, the Bloomberg report emphasized the importance of crypto in a rapidly shifting economy. It called for the resources of all “relevant U.

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Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring

Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections.

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Ukraine's Officials Will Need to Report Crypto as ‘Intangible Assets'

Ukrainian officials must report crypto holdings as part of national anti-corruption measures

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Crypto Mining Malware ‘Dominates’ Cyber Criminal Activity, Report

Just like any other industry, the crypto industry is highly vulnerable to cyberattacks in 2020, according to a Check Point Research‘s cybersecurity report. Cloud Infrastructure a Big Target for Crypto Mining Attacks In 2019, no organization, regardless of its size, was excepted from cyberattacks.

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Crypto Exchange Volumes Still Highly Inflated, Report Finds

Ever wonder why there are so many top exchanges you’ve never heard of? If so, you might not be the only one. A recent report by CryptoCompare found that exchange-reported trading volumes remain far away from reality.

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New Report Suggests Top Crypto Exchanges Fake Their Volume

A report has emerged suggesting that many of the top 100 crypto exchanges have faked their transaction volumes by up to ten times the correct amount. This was reported by Bloomberg on March 19, 2019.

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New Pwc Report on Crypto Insolvency Captures the ICO Chaos

Accounting firm Pwc’s Hong Kong branch recently released a crypto insolvency report guiding crypto business owners on what to do “when things start to go wrong.” News.Bitcoin.com spoke to the crypto head of Pwc’s Asia operations, part of the team who released the report, on how he views the current cryptocurrency landscape, the factors that […] The post New Pwc Report on Crypto Insolvency Captures the ICO Chaos appeared first on Bitcoin News.

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Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests

Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.

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Crypto users double despite market crash, claims Cambridge report

The number of crypto services users nearly doubled in the first three quarters of 2018, claims a new report from the University of Cambridge — suggesting that despite the "crypto winter", the ecosystem continues to develop.

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Dec 17th Crypto News Recap: DTCC Report, Tron 2.5M Tx, HKEX on Bitmain, Hong Kong Regulations [VIDEO]

Blockchain Identified as a Systemic Threat for the Global Financial Sector Per New DTCC Report Blockchain Identified as a Systemic Threat for the Global Financial Sector Per New DTCC Report Lamassu Crypto Vending Machine CEO Zach Harvey Says Its Clear, “Crypto is for Activists” Lamassu Crypto Vending Machine CEO Zach Harvey Says Its Clear, “Crypto […]

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Benchmark University Study Shines a Spotlight on Crypto Assets

Judge Business School, a subsidiary of the University of Cambridge, has published its second annual report into the cryptoconomy. Its inaugural report surfaced in April 2017, just as crypto mania was exploding.

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Indian Media Bashed after False Reports of a Cryptocurrency Blanket Ban Circulated

A recent report in the local Indian media which stated that holding crypto assets might invoke punishment by the legal authorities in the country didn’t bode too well with the global crypto community.

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ICORating Ranks Top 10 Most Secure Crypto Exchanges, Coinbase Pro Wins Number #1

Recently, ICORating published a report on the various security mechanisms implemented by the top 100 digital asset trading platforms. Shockingly, the report established that a majority of the crypto exchange platforms have glaring shortcomings in their security frameworks.

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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects

Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets.

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Regulatory News Have Biggest Impact On Crypto Prices: Report

When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept.

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Russia Wants To Make It Mandatory For Crypto Users To Report Transactions

If Andrey Khaprov succeeds in his bid, Russians will soon be forced to report any crypto transactions exceeding 600,000 Russian rubles (roughly $9,000). Andrey is the country’s head of Main Directorate for Drug Trafficking.

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