Russia classifies digital currencies as property under new tax law. Mining operations are exempt from VAT, easing financial obligations.
Don't miss out on the biggest crypto Black Friday offers of 2024! From advanced trading tools to exclusive exchange rewards and secure hardware wallets.
Amrita Srivastava, a former executive at Binance, has filed a whistleblower lawsuit in the UK, accusing the exchange of tolerating bribery within its ranks.
USDT alone accounts for 69% of the global stablecoin supply, having reached a market cap of over $133 billion.
Under the stewardship of CEO Dana White, the Ultimate Fighting Championship (UCF) has become one of the biggest, if not the biggest organization in martial arts today.
Stablecoins usage could feasibly reach 10% of U.S. M2 and FX transactions, as the sector gains legitimacy, analysts said.
Hong Kong plans crypto tax exemptions for funds to enhance its status as an offshore financial hub, competing with Singapore. The post Hong Kong plans crypto tax exemptions for hedge funds and private investors appeared first on Crypto Briefing.
Children's charity Make-A-Wish International is shaking the donation tin for Bitcoin, Ethereum and USDC this holiday season.
A cryptocurrency firm plans to completely halt the operation of its NFT marketplace early next year, a decision that might have a great impact on the NFT space.
A strategic alliance to enhance access to liquidity and optimize credit solutions
The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra's stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether's Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33 trillion, with stablecoins making up anywhere between 5.70% and 6.
LTP clients will get easier access to Bitstamp's deep liquidity pools, including lending and credit options. The post Bitstamp and LTP Collaborate to Deliver Improved Liquidity and Trading Solutions for Institutions appeared first on Cryptonews.
MetaMask co-founder Dan Finlay's memecoin experiment highlights Web3's struggles with consent, trust and investor expectations.
In the face of Bitcoin's historic rise nearing $100,000, Trezor, a leader in crypto hardware wallets, is experiencing an unprecedented surge in sales. The manufacturer reports a spectacular 600% increase in its weekly sales.
The cryptocurrency market is buzzing with discussions about the delayed onset of the altcoin season. While Bitcoin has surged due to institutional interest and spot ETF (exchange-traded funds) demand, the altcoin market remains relatively subdued.
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Hong Kong has proposed tax exemptions for private equity and hedge funds to attract global investors.
Cryptocurrency hackers continue damaging the industry's reputation as the yearly value stolen through cyberattacks nears $1.5 billion.
In the latest report, Binance analyzes the 0.5% reduction of the target rate for federal funds by the Fed.
One of crypto's oldest index funds aims for the big leagues as NYSE Arca files to list shares under new digital asset rules.
A move below the outlined demand zone would likely take Supra crypto to the 78.6% retracement level at $0.00836.
Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform's founder.
The crypto market has become the center of attention, with the Bitcoin price aiming at the $100k mark. However, another incident is also gaining investors' attention these days.
Binance, the world's largest blockchain and exchange, has launched the ‘Binance PayDay' crypto cashback event for holiday shoppers making purchases using cryptocurrencies. Over $200K in PEPE will be up for grabs for the 19,480 eligible shoppers who will shop from participating Binance Pay merchants.
Marc Andreessen's chat with Joe Rogan set off a viral response from the crypto world, with many industry enthusiasts and startup founders recounting their own run-ins with being debanked by financial institutions. This exchange quickly became a focal point for the community, sparking shared experiences and fresh debates around access and fairness in traditional banking.
Hong Kong came up with a new idea to attract crypto investors. A bold new proposal offers tax breaks on crypto gains, making it a hot topic among the wealthy. But it brings a big question if this move can turn Hong Kong into a global crypto powerhouse? Let's break it down.
Brian Armstrong accused SEC's Gensler and Senator Warren of undermining crypto, fueling debanking issues, and impacting the 2024 election.
The proposal is currently under a six-week consultation period.
The MemeFi campaign has officially wrapped up its Round 2 Quest and Airdrop, rewarding participants with a share of 600 MemeFi tokens each.
The PAWS token is preparing for a significant listing on various major crypto exchanges, scheduled for Dec. 30, 2024.
Hong Kongs government is pushing for sweeping crypto tax exemptions, inspired by Donald Trumps crypto-friendly initiatives. The city seeks to solidify its standing as a leading offshore financial hub amid growing global competition.
Binance, the largest cryptocurrency platform, has announced Binance PayDay, a promotional event meant to encourage crypto usage during the holiday shopping season, as reported to Finbold on Thursday, November 28.
Russia's Federation Council has approved a tax bill recognizing cryptocurrencies as property, imposing a 13%-15% tax on transactions while exempting miners from VAT, pending President Putin's signature to become law. The post Russia Passes Bill Taxing Crypto Transactions, Exempts Miners from VAT appeared first on Cryptonews.
According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance. The study indicates that stablecoins are increasingly used for purposes akin to traditional finance, such as saving and transacting in U.S. dollars and facilitating cross-border payments.
XT.com, a Seychelles-based cryptocurrency exchange, has paused withdrawals following reports of a suspected $1.7 million hack. The post Crypto Exchange XT.com Halts Withdrawals Amid $1.7 Million Hack Allegations appeared first on Cryptonews.
In this article, we explore the U2U project, a high-performance blockchain that aims to redefine the role of the DePIN industry.
Volatility Shares, a financial firm known for its novel exchange-traded funds, is launching a new line of ETFs. The financial instrument, using a one-plus-one model, will give investors 100% leveraged exposure to two distinct assets simultaneously.
The government has proposed a new tax break for private equity funds and hedge funds. Also, investment vehicles are used by the super-rich.
HyperLiquid, a decentralized perpetual exchange, has recently announced the launch of HYPE, a native token that will be airdropped to early adopters on Friday. The total supply of HYPE tokens is capped at 1 billion, with the distribution allocated in the following manner: 38.
XT Exchange has temporarily halted withdrawals for all digital assets after a suspected security breach.
OKX is launching the new exchange for Belgian users with up to 200 cryptocurrencies with plans to increase the number in the future.
The promise of blockchain lies in its ability to connect people, ideas, and opportunities across borders. However, this transformation is uneven, with many underserved regions and communities lacking the resources to participate fully in the growing economy of the digital world.
Amrita Srivastava, a former Binance Holdings executive based in London, sued the cryptocurrency exchange in the United Kingdom for bribery allegations. According to Srivastava, who worked on Binance's Link platform that connected external brokers and customers to the exchange, a co-worker took money to ostensibly speed up integration to the firm.
In a landmark decision, the Fifth Circuit Court ruled that in the U.S. it is illegal for the Treasury to impose sanctions on Tornado Cash smart contracts. This ruling supports liberty and privacy and represents a major win for the crypto community.
US President-elect Donald Trump appears set to appoint the US Commodity Futures Trading Commission (CFTC) to oversee the crypto industry. This appointment will put the CFTC ahead of the Securities and Exchange Commission (SEC) in regulating the crypto industry.
The objective of the game is to convince the AI to send out the funds in her wallet — but it's proving tricky so far.
Inflation is on the rise again in the United States, and this could impact central bank monetary policy, which may impact crypto markets.