43 / 84 Relevant items tagged with #Cryptocurrencies

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Japanese and Singaporean regulators join forces on crypto pilot project

[Jun 27, 2023 10:30 AM] “Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase.

Web3 firms are spending up to $25M on HK crypto licenses: Report

[Jun 27, 2023 9:30 AM] VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing.

Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption

[Jun 26, 2023 11:30 AM] In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The…

Crypto investment products see largest weekly inflow since July 2022

[Jun 26, 2023 10:44 AM] CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally.

Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury

[Jun 26, 2023 7:30 AM] The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said.

Venture capital financing in crypto, explained

[Jun 26, 2023 6:50 AM] Venture capital firms invest in early-stage startups to fuel innovation, growth and technological advancements within the crypto ecosystem.

Crypto adoption in Cyprus beefed up by Bybit license approval

[Jun 26, 2023 4:28 AM] Following Binance’s departure from Cyprus, Bybit strengthens the island’s crypto ecosystem after acquiring an operating license.

Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies

[Jun 26, 2023 3:57 AM] Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens.

Crypto Companies in Japan Get Tax Relief Under Revised Rules

[Jun 26, 2023 2:30 AM] The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the…

End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis

[Jun 25, 2023 10:30 AM] Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of…

Banking Giants Crédit Agricole, Santander Seek to Provide Crypto Custody Under French Registration

[Jun 25, 2023 1:30 AM] A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional investors, allows the two…

ChatGPT Plugin goes live for Hedera network

[Jun 25, 2023 1:26 AM] Users can view account balances through a Network Explorer or programmatically retrieve them via the mirror node REST API, which the plugin will utilize.

Shiba Inu Burn Twitter account experiences suspension

[Jun 24, 2023 3:40 AM] The account holders expressed in their tweet that the Developer Portal indicates a violation of Twitter Rules and policies by their app.

Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions

[Jun 24, 2023 1:22 AM] An Ethereum user used Aave’s v2 lending platform by depositing 7.5 million USDC as collateral.

ECB official labels crypto as 'deleterious' with 'no societal benefits' in scathing speech

[Jun 23, 2023 3:52 PM] According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling.

US Supreme Court halts Coinbase cases in its first crypto ruling

[Jun 23, 2023 9:56 AM] The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.

Crypto.com receives regulatory approval to offer crypto services in Spain

[Jun 23, 2023 4:55 AM] The latest regulatory approval for the crypto exchange comes within weeks of acquiring a major payment institution license from regulators in Singapore.

Binance Launches Regulated Crypto Exchange in Kazakhstan

[Jun 22, 2023 4:00 PM] Licensed since last year, the world’s largest digital asset exchange, Binance, has now launched a trading platform in Kazakhstan. The move comes amid increased pressure from regulators in other jurisdictions, like the U.S., and after Binance’s…

Bitcoin and correlations — Examining the relationship between BTC, gold and the Nasdaq

[Jun 22, 2023 3:30 PM] Bitcoin traders always talk about BTC’s correlation with gold and equities, but how much attention should average investors pay to this discussion?

TrueUSD assures users it has no exposure to troubled Prime Trust

[Jun 22, 2023 1:10 PM] Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust.

Banning crypto ‘may not be effective in the long run’ — IMF

[Jun 22, 2023 12:44 PM] After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.

Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies

[Jun 22, 2023 12:00 PM] In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the…

BitGo terminates acquisition of Prime Trust

[Jun 22, 2023 9:43 AM] The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust.

Faroe Islands postal service issues NFT-embedded stamps

[Jun 22, 2023 7:02 AM] The postal service of the autonomous territory of the Faroe Islands has become the latest national postal service to issue a collection of NFT collector stamps.

Binance faces scrutiny in Brazil, exec summoned to testify before Congress

[Jun 22, 2023 3:28 AM] This development comes amid a global regulatory crackdown on Binance, which is facing scrutiny in multiple countries.

Wallet providers introduce BRC-20 token support despite market drawdown

[Jun 21, 2023 1:00 PM] There are currently more than 34,000 types of BRC-20 tokens in circulation.

Three Arrows Capital founders launch new VC fund

[Jun 21, 2023 11:40 AM] "3AC Ventures is focused on superior risk-adjusted returns without leverage," the firm wrote.

Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

[Jun 21, 2023 11:00 AM] Ramp expands its platform compatibility with 40 new currencies, including the Bermudian dollar, Costa Rican colón, Hungarian forint, Mexican peso, Singapore dollar and Swiss franc.

Ledger releases white paper for hardware wallet seed recovery tool

[Jun 21, 2023 8:31 AM] Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023.

Singapore MAS proposes digital money standards with major industry players

[Jun 21, 2023 8:13 AM] The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.