Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge as a competitive rival against Singapore and Switzerland in the race for the top offshore financial hub.

Hong Kong's move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness.

Cryptocurrency exchange OKX has launched its trading platform and wallet in Belgium, offering euro trading pairs and free deposits through Bancontact, while operating under Malta's regulatory framework rather than direct Belgian approval.

The proposed ETF allocates 75.1% to BTC, with ETH and SOL following at 16.5% and 4.3%, offering investors diversified crypto exposure.

With Donald Trump's bold plans to make Bitcoin a mainstream financial investment. The other countries are following suit and the latest after Russia is Hong Kong which is stepping up its game to become a go-to destination for crypto investors and businesses.

Bleap is currently in beta with select EU users, with a full public deployment scheduled for Q1 2025 and a token launch expected in 2026.

Hong Kong proposes tax exemptions on crypto gains, private credit, and carbon credits to attract elite investors.

A threat actor, ‘Serpent' who used to play Fortnite professionally hailing from Australia has been accused of being involved in a crypto scam that made away with $ 3.5 million. Nevertheless, his being part of the esports organization over time can be noted.

The Russian Federation Council's approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia's national currency, the ruble.

Now, you can use Venmo, a payment app many Americans already love, to buy crypto directly in MetaMask. MetaMask is a wallet where you can store, send, and receive crypto.

Recently, Jason Les, the CEO of bitcoin mining firm Riot Platforms, joined Yahoo Finance's Catalysts to share his thoughts on Bitcoin's recent price action and the implications of the incoming Trump administration for the cryptocurrency industry. Les began by addressing Bitcoin's remarkable price movements since the election.

At Trust Wallet, we're constantly innovating to ensure our users enjoy a secure, seamless, and cutting-edge experience. Recently, our Senior Smart Contract Engineer, David Kim, dived deep into the latest advancements and trends in wallets, smart wallet protocols, and chain abstraction technologies during Devcon, dubbed as “the Ethereum conference for developers, researchers, thinkers, and makers”.

The cryptocurrency market experienced notable developments in November, with stablecoins achieving record trading volumes and market capitalization.

ZA Bank, the first and largest digital bank in Hong Kong, has become the first bank in Asia to offer crypto trading services directly to retail users. Retail customers can seamlessly trade top cryptocurrencies in HKD and USD through the bank's app.

Hong Kong plans to exempt crypto tax for private equity funds, hedge funds, and other investment vehicles for high-net individuals (HNIs). This move comes as it seeks to attract foreign capital and establish itself as a finance and cryptocurrency hub in the Asia region.

India's crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential.

Russia is making waves in the crypto world with a new tax bill that could change how mining and trading are handled. The Federation Council, the country's upper house of parliament, has given the green light to the bill, which sets the stage for tighter regulations on digital currencies.

As the crypto market continues to offer lucrative opportunities for investors, it has also attracted malicious actors who consistently devise new schemes to defraud inexperienced or beginner investors. The latest press release by the US Department of Justice (DoJ) highlighted a recent example of such fraud.

The amendments set a maximum 15% income tax on crypto transactions, while exempting them from value-added tax.

In an era where luxury brands are gradually embracing blockchain technology, JMJ Mach is taking a bold step forward by combining traditional watchmaking with NFTs and blockchain in a way that goes beyond simple authentication.

Crypto founders are accusing the Biden administration of using America's banking system as a weapon to crush the crypto industry. The allegations, detailed in a heated discussion on X, center on accusations that banks were pressured to sever ties with blockchain firms.

Operation Chokepoint originates from an Obama-era program that cut off financial services to industries deemed controversial or high-risk.

November saw a sharp surge in stablecoin trading volumes, reaching $1.81 trillion and marking a yearly high, driven by growing institutional confidence and ecosystem developments.

As President-elect Donald Trump prepares to finalize his cabinet picks, Paul Atkins is reported to be a leading candidate to head the US Securities and Exchange Commission (SEC) and a new pro-crypto agenda under Trump's new administration.

Binance's announcement to delist GFT/USDT, IRIS/USDT, KEY/USDT, OAX/USDT, and REN/USDT has sent shockwaves through the market, triggering steep price declines.

Telegram mini apps are rapidly changing how businesses interact with their customers, offering lightweight and easily accessible tools within the popular messaging platform.While the blockchain and cryptocurrency sectors have been early adopters, companies in various other industries are also recognizing the potential of mini apps to reach Telegram's massive and engaged user base.

According to a report by Fox Business, citing sources familiar with the matter, the incoming Donald Trump administration may empower the Commodity Futures Trading Commission (CFTC) to regulate certain crypto assets.

An investigation by ZachXBT has linked addresses associated with a former professional Fortnite player and cybersecurity analyst with several high-profile account takeovers.

Scammers netted $3.5 million by hacking accounts like McDonald's and Usher, promoting fake tokens, and laundering funds via casinos.

Bitwise's 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.

Bitwise is back in the spotlight, and this time, they're aiming high. They've proposed a 10 Crypto Index ETF to the SEC, something that could shake up the crypto investment world. But let's not get ahead of ourselves—this isn't a done deal yet.

Base Transactions Record reached 11.447 million on November 26, surpassing all other Layer 2 networks in a single day. Driven by Clanker's and Virtuals Protocol's popularity, Base DEX noted $42 billion in transaction volume, breaking its monthly record.

Russia's new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation.

A branch of the South Korean High Court has sent the head of an amusement park-themed crypto scam to prison for 12 years. The post South Korean High Court Sends ‘Theme Park' Crypto Fraudster to Jail for 12 Years appeared first on Cryptonews.

Asset management firm Bitwise has submitted a 10 Crypto Index ETF application to the SEC.

THENA: The second-largest crypto is set to soar with its innovative smart contract platform. Off the Grid by Guzzella: This new decentralized platform is capturing attention with its unique security features.

Paul Atkins, a former SEC commissioner, has emerged as a top contender for the role of the Wall Street cop, already scoring an interview with Donald Trump's transition team.

U.S. MetaMask users can buy cryptocurrency directly with Venmo via the MetaMask app or browser extension. The new feature brings the crypto offering closer to the masses by allowing users to link their Venmo accounts as a payment option.

After Bitcoin's (BTC/USDT) failed assault on $100K and a correction to the $90K+ zone, the market buzz is building for another attempt at six figures. Meanwhile, the Altcoin Season Index (ASI) has surged to 61, inching closer to the magical 75+ mark that signals a full-blown altseason.

MetaMask added a fiat on-ramp feature through Venmo, allowing US users to buy crypto using the payment app, according to a Nov. 27 announcement. Crypto-focused fintech Moonpay enabled the new payment method.

The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information.

Russian Lawmakers have approved the government's crypto tax bill, meaning industrial Bitcoin miners will soon have to pay levies on their revenues. The post Russian Lawmakers Approve Crypto Tax Bill: Miners to Pay 13-15% on Revenues appeared first on Cryptonews.

Japan police are now actively arresting users of overseas online casinos using a crypto “tracking tool” — a first for their government.

"Crypto Dad" Chris Giancarlo discusses how to regulate crypto, how to not regulate crypto and how to "future proof" the U.S. dollar.

As Donald Trump returns to the US presidency again, his pro-crypto stance has sparked optimism for Binance. IOHK founder Charles Hoskinson and crypto advisor and VC John Lilic are calling for a pardon for Binance founder Changpeng Zhao.

Bitwise Investment Management has filed an application with the U.S. Securities and Exchange Commission (SEC) to start the 10-Crypto index exchange-traded fund (ETF). The ETF is designed to provide exposure to the Bitwise 10 Large Cap Crypto Index.

A wallet known for risky whale traders, sbfonchain.sol, made a series of trades on recently hot memes, finally swapping UBC and CHILLGUY for $1.05M in USDC.