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US election result will likely lead to better crypto regulation: S&P analysts
The outcome of the 2024 U.S. elections, which saw Republicans taking control of the White House, Senate, and Congress, could significantly reshape the regulatory landscape for cryptocurrency in the country, according to S&P analysts. According to a recent S&P Global… дальше »
2024-11-20 20:22 | |
Binance wallet outpaces popular messaging apps in Venezuela download rankings
Binance’s digital wallet has seen a meteoric rise in Venezuela, climbing to the 33rd spot on the list of the country’s most downloaded apps. This achievement places it just above Snapchat and just below WhatsApp, two of the most widely used messaging platforms in the nation. дальше »
2024-11-20 22:09 | |
Taiwan’s Financial Authority Pledges To Address Crypto Tax Evasion Within Three Months
Amid the market’s bullish run, Taiwanese financial authorities vowed to review tax regulations to tackle the country’s crypto tax evasion issue. However, local reports noted the regulators might face difficulties implementing an effective digital assets-related tax framework. дальше »
2024-11-19 16:00 | |
Gemini launches services in France as country’s trust in crypto increases
Gemini has officially launched operations in France, marking its next phase of European expansion. After registering as a Virtual Asset Service Provider earlier this year, the company is tapping into France’s growing crypto ecosystem and regulatory support. The move allows… дальше »
2024-11-19 10:30 | |
Crypto Trading Ban In Nepal Deterring Fraud Victims From Reporting To Authorities, Report Says
Nepal’s Financial Intelligence Unit (FIU), in its Strategic Analysis Report 2024, revealed that the country’s blanket ban on crypto trading has become a significant obstacle for fraud victims seeking to report their cases to authorities. дальше »
2024-11-19 08:30 | |
Robinhood CEO calls UK crypto regulation ‘backwards’ compared to gambling laws
Robinhood, the US-based fintech giant, has set its sights on expanding in the UK market despite the country’s increasingly strict stance on cryptocurrencies. In an interview with the Times, CEO Vlad Tenev recently outlined the company’s ambition to make Robinhood a “financial home” for UK consumers, building on its success in the US. The platform, […] дальше »
2024-11-18 17:39 | |
El Salvador’s Bitcoin Surge is Helping the Country to Buy Back More Debt
El Salvador’s Bitcoin rally fuels a third dollar bond buyback, targeting $2.5B in bonds, while pushing ahead with its ambitious Bitcoin City project. The post El Salvador’s Bitcoin Surge is Helping the Country to Buy Back More Debt appeared first on BeInCrypto. дальше »
2024-11-13 01:06 | |
World ID launches verification in Brazil
World, formerly known as Worldcoin, has announced the launch of its World ID Orb verifications in Brazil. According to a Nov. 12 announcement, the expansion of World ID verification to the Latin American country follows initial pop-ups in 2023 as… дальше »
2024-11-13 21:11 | |
Bitget re-enters UK market with local rules compliance
Bitget has officially re-launched its UK platform, now fully compliant with the Financial Promotions Regime. Cryptocurrency exchange Bitget is coming back to the United Kingdom just six months after suspending its services to new users in the country. In a… дальше »
2024-11-12 14:47 | |
China-based Nano Labs turns to Bitcoin payments amid potential policy shift in the country
China-based crypto mining chip designer Nano Labs is now accepting Bitcoin as payment for its products through its business account on Coinbase, according to a Nov. 11 statement. The firm said it adopted Bitcoin payments in response to increasing demand for digital currency options in the tech world. дальше »
2024-11-12 04:30 | |
Asia surpasses North America in crypto developer dominance, data shows
With the U.S. experiencing a decline in its share of crypto developers, the country may be jeopardizing its leadership position in the swiftly changing crypto economy. The United States is experiencing a decline in its share of crypto developers, prompting… дальше »
2024-11-1 12:58 | |
Bolivia’s Crypto Journey Gets A Lift As Country’s 4th Largest Bank Launches USDT Custody
A South American nation is traversing the path toward becoming a champion in cryptocurrency in the region. Related Reading: Memecoins Thrived Under SEC’s ‘Oppressive Regime,’ Crypto Analyst Says Bolivians now have the opportunity to invest in digital currency as one of the country’s leading financial institutions introduced a custody service dedicated to Tether’s stablecoin, USDT. […] дальше »
2024-10-30 10:30 | |
PEPE becomes first meme coin to officially enter Japan’s market
Pepe has become the first meme coin to be officially listed on a Japanese cryptocurrency exchange. According to a report by CoinDesk Japan, BITPoint Japan, a centralized crypto exchange launched in 2016 and licensed by the country’s Financial Services Agency,… дальше »
2024-10-30 10:26 | |
Bitrue gets Virtual Asset Service Provider approval in Lithuania
Bitrue has received VASP approval in Lithuania to offer crypto exchange services. The company aims for EU expansion by pursuing the Markets in Crypto-Assets license. Lithuania plans regulatory changes to reduce the presence of crypto firms in the country. дальше »
2024-10-29 23:32 | |
Tether Proposes Bold Plan: Boron-Backed Tokens For Turkey’s Market—Here’s Why
Tether Holdings Ltd. , the issuer behind the world’s largest stablecoin USDT, has proposed an ambitious plan to Turkey’s government. The plan aims to “modernize” the country’s boron market using blockchain technology. дальше »
2024-10-25 14:30 | |
Tether proposes boron-backed tokens to revolutionize Turkey’s commodity market
Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70% of the global reserves, Bloomberg News reported on Oct. дальше »
2024-10-24 21:00 | |
South Korea’s crypto exchange closures lock $13M in investor assets
More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due to the closure of several crypto exchanges in the country, local media outlet The Korea Times reported on Oct. дальше »
2024-10-24 17:20 | |
Austria’s largest fraud trial sees five sentenced in connection to $21.6m crypto scam
An Austrian court has sentenced five individuals linked to the EXW-Token scam to prison, in one of the largest cryptocurrency fraud trials in the country’s history. According to a report from local media, the sentencing followed a year-long trial and… дальше »
2024-10-24 14:28 | |
Vietnam Unveils Blockchain Plan: 20 New Brands And National Network In The Works
Vietnam has taken a significant step towards advancing its blockchain ecosystem by releasing its National Blockchain Strategy. The strategy, announced by the Ministry of Information and Communications (MIC) on October 23, outlines a roadmap for the country’s development of a decentralized network and aims to position Vietnam as a “regional leader” in the sector. The […] дальше »
2024-10-24 11:00 | |
Nigerian government drops money laundering charges against Binance executive
Tigran Gambaryan and Binance have been accused of laundering more than $35 million Nadeem Anjarwalla, a colleague of Gambaryan, was also detained, but managed to escape on a Middle Eastern airline in March The Nigerian government has dropped all charges against a Binance executive who had been detained in the country since February. дальше »
2024-10-24 16:56 | |
Argentina’s CNV proposes new regulations for virtual asset service providers
Argentina’s National Securities Commission (CNV) has proposed a new regulatory framework for Virtual Asset Service Providers (PSAVs), opening a 30-day public consultation period. This initiative aims to establish clear guidelines for the operation of PSAVs in the country, inviting stakeholders to contribute their thoughts and recommendations through a “Participative Elaboration of Standards” approach. The proposed […] дальше »
2024-10-19 19:56 | |
Kazakhstan proposes stricter controls for bank transfers to foreign crypto exchanges: report
Kazakhstan’s financial watchdog is set to implement new restrictions that would require banks to automatically deny banking transfers to overseas crypto exchanges. The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, which oversees the country’s… дальше »
2024-10-16 17:09 | |
Italy to raise bitcoin capital gains tax from 26% to 42%
Italy is set to increase capital gains tax on bitcoin (BTC) from 26% to 42% by 2025. The move is part of the country’s draft budgetary plan (DBP), released on Wednesday, which outlines measures to raise additional revenue. дальше »
2024-10-16 15:06 | |
Binance assists Delhi Police in taking down renewable energy scam, $100k in Tether seized
Scammers impersonated high-ranking officials to get investors to invest their money They claimed they had the rights from India’s Ministry of Power to help the country grow its solar power by 450 gigawatts Delhi Police sought help from crypto exchange Binance to follow crypto financial transactions Crypto exchange Binance and the Delhi Police have successfully […] The post Binance assists Delhi Police in taking down renewable energy scam, $100k in Tether seized appeared first on CoinJournal. дальше »
2024-10-16 10:20 | |
Spot Litecoin ETF On The Horizon? Canary Capital Seeks SEC Green Light
In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country. дальше »
2024-10-15 20:56 | |
Brazil’s central bank plans to regulate stablecoins by 2025
Brazil’s Central Bank Chief, Roberto Campos Neto, announced on Tuesday that stablecoins and asset tokenization are set to be regulated in the country next year. He shared these remarks in a video for market intelligence firm Uqbar. дальше »
2024-10-16 18:02 | |
Huge Bitcoin Breakout To New Highs Could Be Near As BTC Price Blasts Past $67,000
Bitcoin (BTC), the largest and oldest crypto by market cap, jumped past the $67,000 level on Monday as China’s economic stimulus plans sent the country’s stock flying. дальше »2024-10-15 17:53 | |
South African Revenue Service Cracks Down On Crypto With New Tax Rules
In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). дальше »
2024-10-14 06:00 | |
South Korea to discuss approval of spot Bitcoin ETFs
South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. дальше »
2024-10-11 01:14 | |
Thai SEC to allow crypto exposure for mutual and private funds
Thailand’s securities regulator has proposed allowing mutual and private funds to invest in cryptocurrency, marking its latest effort to bolster the country’s crypto economy. According to a Bangkok Post report citing an Oct. дальше »
2024-10-10 13:15 | |
South Korea’s largest crypto exchange Upbit to be probed by the FSC
South Korea’s Financial Services Commission plans to investigate Upbit over concerns about its market dominance and its close ties with K Bank. A local media report cited FSC chairman Kim Byoung-hwan, stating that the country’s top financial regulator will thoroughly… дальше »
2024-10-10 10:42 | |
Taiwan to launch digital asset custody pilot for banks in 2025
Taiwan’s Financial Supervisory Commission (FSC) will launch a pilot program for institutions interested in digital asset custody services, local media reported on Oct. 8. The program is part of the country’s broader effort to foster financial innovation amid plans to introduce comprehensive legislation for the digital asset industry by the end of 2024. дальше »
2024-10-10 19:46 | |
Ethiopian Bitcoin mining gets 600MW boost as country signals support for industry
Ethiopia is emerging as a fast-growing Bitcoin mining hub, with local miners already consuming 600MW of power and more capacity expected to come online this year. Ethiopia’s Bitcoin (BTC) mining industry is gaining momentum, with crypto miners currently consuming 600MW… дальше »
2024-10-9 12:55 | |
Tax-free crypto transactions coming to UAE in November to push digital ambition
The United Arab Emirates (UAE) has exempted crypto transactions from the country’s 5% value-added tax (VAT). This exemption is part of an amendment to the Executive Regulation of the Federal Decree Law on VAT. дальше »
2024-10-7 18:30 | |
Will Argentina Take the Leap to Make Bitcoin Legal Tender Like El Salvador? Experts Weigh In
As Argentina grapples with economic turmoil, speculation is growing about whether the country will follow El Salvador's bold move to adopt Bitcoin as legal tender. дальше »2024-10-7 19:11 | |
El Salvador doubles down on Bitcoin, defies IMF concerns
El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American country’s lawmakers had passed “important amendments to the CNAD […] The post El Salvador doubles down on Bitcoin, defies IMF concerns appeared first on CryptoSlate. дальше »
2024-10-4 14:09 | |
Poland’s 2nd Largest Bank Uses Blockchain To Preserve Country’s Cultural Treasures
Pekao Bank from Poland, the country’s second largest lender, is making headlines by taking a bold approach to preserving art. Using the medium of blockchain technology, it has kept some of its most valuable artworks in an Arctic vault, and less exposed to the elements. дальше »
2024-10-4 06:00 | |
Poland’s Pekao Bank using blockchain to preserve art in arctic vault
Poland’s second-largest bank, Bank Pekao, is using blockchain technology to preserve the country’s cultural heritage. According to a Pekao press release, the bank partnered with Aleph Zero to launch Archiv3, a project aimed at tokenizing Polish artwork and securely storing… дальше »
2024-10-3 22:23 | |
Ex-Chinese Deputy Finance Minister urges country to pivot anti-Bitcoin stance
Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according to local media reports. дальше »
2024-10-2 01:30 | |
Gemini follows Binance and OKX in departing Canada
Crypto exchange Gemini has announced its exit from the Canadian market, joining several other platforms that have left due to the country’s strict regulatory environment. Canadian customers of the Winklevoss-founded exchange reported receiving an email urging them to withdraw their… дальше »
2024-10-1 10:31 | |
Crypto crime: UK man pleads guilty to operating illegal ATM network
Olumide Osunkoya has pleaded guilty to five offenses related to running an illegal network of crypto ATMs across the UK, making it the country’s first conviction of its kind. Osunkoya’s conviction marks the UK’s first case against unregistered crypto ATM… дальше »
2024-9-30 16:52 | |