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Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
4.4.2022
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto and Web3 investments
New crypto owners nearly doubled in 3 key regions in 2021: Report
4.4.2022
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021
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...
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
Top 5 cryptocurrencies to watch this week: BTC, VET, THETA, RUNE, AAVE
3.4.2022
BTC is holding a key support level, which is allowing altcoins like VET, THETA, RUNE and AAVE to push higher
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...
Recent Poll Suggests 21% of Americans Have Dabbled in Crypto
3.4.2022
A recent poll conducted by NBC News indicates that one in five Americans has used cryptocurrencies by either investing or trading digital assets. The findings suggest that crypto assets continue to become more popular as 21% of the 1,000 participants surveyed have “dabbled” in crypto...
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...
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...
Bitcoin recovers the $46K level, but several factors could prevent a stronger breakout
1.4.2022
Traders say BTC is following the expected trajectory, but several macroeconomic factors and geopolitical tensions remain a threat to Bitcoin hitting a new all-time high
Astar (ASTR) price doubles as the network prepares to add 15 new projects in April
1.4.2022
ASTR price booked a 100% gain following a $22 million fundraise and a recently announced plan to launch 15 projects in April
Indonesia to impose 0.1% crypto tax starting in May: Report
1.4.2022
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork
Crypto pundits gather online to discuss innovation and national security
1.4.2022
Sheila Warren and Jerry Brito joined security expert Juan Zarate to address ways to use cryptocurrency in the national interest
Warren’s battle to curtail crypto gets boost from Ukraine conflict
1.4.2022
While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation?
Galaxy Digital delays BitGo acquisition to later on in 2022
1.4.2022
The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
1.4.2022
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system,...