Despite imposing one of the harshest crypto tax regimes, India remains one of the hotbeds of cryptocurrency. With a 30% tax on profits and a 1% TDS (tax deducted at source) on transactions, many expected crypto activity to slow.
As Trump's crypto-positive cabinet takes shape, the U.S. might be on track for a potential revolution in the decentralized finance space, analysts at Matrixport anticipate. Donald Trump‘s prospective nominees for the U.S.
Japanese authorities are strengthening their campaign against illegal crypto gambling among local players, particularly those registered in offshore licensed casinos. Related Reading: Where's The FOMO?
Taiwan's new AML rules mandate VASPs to complete comprehensive compliance registration with severe penalties for non-compliance.
The Hong Kong Monetary Authority (HKMA) has introduced a subsidy program aimed at encouraging the issuance of tokenized bonds. The post Hong Kong Monetary Authority Offers Subsidies for Tokenized Bond Issuance appeared first on Cryptonews.
Marc Andreessen has raised concerns about the Democratic Party's actions against tech startups, specifically accusing the Biden Administration of deliberately obstructing their growth.
“AI-born, degen-raised” is the motto of iDEGEN, an innovative artificial intelligence-powered project embracing the AI agent trend while forging a unique path in the crypto market. Unlike conventional AI agents trained on meticulously curated data, iDEGEN thrives on the raw, unfiltered chaos of crypto degens on X, redefining how AI interacts with the crypto space.
It's not just Taiwan that is gearing up its crypto game; many countries like Singapore, Iran, Dubai, the UK, and India are working to create fair and transparent laws to protect investors from fraud and scams.
The crypto industry experienced its second-lowest monthly losses this month, November 2024, with $71 million lost across 26 incidents, according to blockchain security firm Immunefi. This marked a significant improvement compared to November 2023, which recorded $343 million in losses, representing a 79% year-over-year drop and a 4% decrease month-over-month.
Hong Kong has proposed comprehensive tax exemptions for cryptocurrency gains and other alternative investments to attract institutional investors and wealthy individuals as part of its strategy to become a leading global financial hub.
The study also found that negative media coverage and a lack of understanding are hindering blockchain adoption. The post Germany Lags in Blockchain Adoption: 72% of Companies Not Interested in the Technology –Study appeared first on Cryptonews.
Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and hefty penalties for noncompliance.
An AI bot controlling $50,000 in crypto transferred the funds after a user successfully persuaded it to bypass its core directive: to never release the funds. A user under alias p0pular.
Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances are likely slim.
Black Friday is here! Find out the top cryptocurrencies to buy and take advantage of the season's hottest investment opportunities.
Between January 2022 and October 2024, most dead crypto projects were launched in the United States, while American founders were behind 43% of all crypto projects that turned out to be scams.
The game was challenged by 195 players with 482 attempts, during which the AI agent imposed incremental query fees.
Tron creator Justin Sun has reportedly eaten the $6.2 million banana from Maurizio Cattelan's “Comedian” sculpture. Sun previously bought the banana at a Sotheby's auction.
Dubai, UAE, 29th November 2024, Chainwire
On Nov. 27, 2024, Bitwise Asset Management filed with the SEC for an exchange-traded fund (ETF) based on its 10 Crypto Index Fund, which has been running since 2017.
It is a theoretical assessment based on current data, and it could vary significantly over time.
Dan Finlay highlighted critical insights on crypto meme.
A connected Indian youth is biting into crypto with full force, under the watchful eye of the tax authorities. Surprising but true.
Justin Sun, Founder of TRON, announced in a post on November 28 that he will buy 100,000 bananas from Mr. Shah Alam's fruit stand in New York's Upper East Side.
Arbelos Markets co-founder Joshua Lim explains how Trump's election could open the door to greater institutional adoption of crypto.
The cryptocurrency sector recorded 26 hacking and rug pull incidents, which led to $71,021,500 in total losses in November 2024 according to the monthly report by ImmuneFi. This is the second lowest monthly loss YTD and is down 79% from November 2023, which lost a total of $343 million.
Binance has announced the delisting of USD-M perpetual contracts for NEM (XEM), Orbs (ORBS), and Loom Network (LOOM). The delisting affects traders who actively engage in derivatives markets for these assets.
The Hong Kong Monetary Authority has introduced a three-year digital bond grant scheme, offering incentives of up to HK$2.5 million to encourage tokenized bond issuances.
Looking for meme coins under $1 with the potential for massive growth? Discover the top 5 picks to invest in before 2025, can you guess our #1?
Indonesia, one of the most adaptive countries for crypto in the world, has reached a new milestone with transactions of over 475 trillion Indonesian rupiah, or $30 billion.
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals from paying taxes on gains from cryptocurrencies.
Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man's life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors. What Happened: The victim lost $408,000 after scammers, posing as Apple Inc. support representatives, gained remote access to his computer in October 2023.
Cryptocurrency price have maintained their uptrend this week by consistently rising above moving average lines.
The memecoins had gained huge attention for their short-term gains, which began with the PEPE price rally in the first few weeks of the year. Now that the markets are heading towards the end, the tokens with growing fundamentals have been gaining more importance.
Hong Kong's government already issued $100 million in tokenized green bonds on Feb. 16 under its Green Bond Programme.
Dan Finlay, co-founder of MetaMask, explored issues of consent and trust in Web3 through a meme coin experiment.
Cryptocurrencies have done well this year, with November being their best month so far. Bitcoin is a few points below $100,000, and a move above that will likely lead to more gains in the next few months.
Market participants may be moving away from memecoins back to tokens with fundamentals, one analyst told The Block.
SecondLane has moved to acquire an equity stake in Pump.fun, a Solana-based meme coin ecosystem, at a fully diluted valuation of $1.5 billion. SecondLane listed the 1% equity stake for $15 million on a Telegram channel announcing its new offerings.
Crypto hedge fund Hermeneutic Investments is hiring a strategic investment director, offering competitive pay and the promise of retirement-level savings within five years. The post Crypto Hedge Fund Job Promises ‘Retirement Money' in Just 5 Years appeared first on Cryptonews.
Non-compliance may lead to penalties, including imprisonment for up to two years and a fine of up to NT$5 million ($153,700).
The cryptocurrency market is currently witnessing significant shifts, with the Altcoin Season Index climbing to 59, reflecting growing momentum in altcoins. This is a notable increase from its previous low of 33, signaling that investor interest is transitioning toward altcoins, though Bitcoin (BTC) still maintains a dominant position.
In one of the most unconventional yet fascinating turns of events, a user managed to bag a $47,000 prize pool by convincing a Freysa AI bot. The winner cracked the way to outsmart the autonomous AI bot with clever reasoning and a $100 bet.
Coinbase's legal chief has declared a historic win as the Fifth Circuit Court ruled Treasury's Tornado Cash sanctions unlawful, a bullish moment for crypto privacy. A Historic Victory for Crypto Privacy and the Defense Of Liberty The Fifth Circuit Court has ruled that the U.S.
TRIAS surges 35% in 24 hours with traders eyeing $3.98 resistance. What's fueling the rally?
Binance Labs announced its latest investment in multi-asset liquidity firm Astherus.
A former senior executive at Binance has accused the company of retaliatory dismissal after she raised concerns about an alleged bribery scheme involving a colleague, Bloomberg News reported on Nov. 28.