Italy's government has taken steps to reduce the proposed increase in the cryptocurrency capital gains tax from an initial 42% to 28%. The League, one of Prime Minister Giorgia Meloni's ruling coalition partners, has proposed the amendment in this regard.

Ron Hammond, the director of government relations in Blockchain Association has shared a series of X posts noting that if the past 7 days felt like a whirlwind, brace yourself. He claims that crypto and the incoming Trump administration are just getting started.

Robinhood CEO Vlad Tenev recently highlighted the substantial efficiency benefits of crypto operations, arguing that the crypto business model outperforms traditional finance in both cost and customer service. In a Nov. 12 appearance on CNBC, Tenev revealed that running a crypto business costs “roughly an order of magnitude” less than traditional financial services.

The founder of the blockchain security firm SlowMist is urging crypto traders to be wary of copy-and-pasting sensitive information.

The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law.

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

Exactly two years after filing for bankruptcy, the now-defunct crypto exchange FTX has filed a suit against Binance and its founder Changpeng Zhao, aiming to recoup nearly $1.8 billion from the world's largest cryptocurrency exchange, which it claims was fraudulently transferred during a share repurchase deal.

The meme coin gold rush is on and investors are speculating on a dizzying array of new projects. In the last 24 hours, meme coins collectively grew 24% to post a collective market capitalization of $117 billion.

Crypto advocacy group The Digital Chamber is pushing for stablecoin legislation amid an increased push for fair crypto regulations across the United States, the organization's new report entitled “How Stablecoins Are Extending U.S. Dollar Dominance” reveals. According to the crypto organization, over 98% of the more than $170 billion worth of stablecoins in existence are pegged to the U.S. dollar. The post The Digital Chamber Urges U.S. Lawmakers to Pass Stablecoin Legislation in New Report appeared first on Cryptonews.

The Italian government is reportedly advancing a proposal to reduce the planned increase in crypto capital gains tax to 28%, a move anticipated to support investor interest. The League, a key member of Prime Minister Giorgia Meloni's coalition, has submitted an amendment to cap the proposed tax rate at 28% rather than the initially suggested

Rachel Conlan's career journey has been anything but conventional. With over two decades of experience spanning marketing, media, and entertainment, Conlan now serves as the Chief Marketing Officer of Binance, one of the world's leading cryptocurrency exchanges.

Coinbase has unveiled its crypto benchmark, the Coinbase 50 Index (COIN50), which will track the aggregated performance of the top 50 cryptocurrencies by market capitalization. The index's rationale is to provide a comprehensive view of the crypto market by distilling thousands of digital tokens to a select 50 based on fundamental standards and market size.

The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement.

Trump is reportedly considering several key officials to help with crypto regulation and ease rules, in support of the sector.

Bitcoin's (BTC) dominance is close to its peak after the halving event, signalling that altcoin season is upon us. The crypto market has witnessed a spectacular run since the US election, which resulted in a Trump win.

The $10 million in fresh financing adds to the total $31.88 million Animoca raised previously to build out the consumer network.

XRP's attorney, James Murphy, also known on Twitter as MetaLawMan, stated that he believes after the winning of the presidency by Donald Trump this year, SEC Chair Gary Gensler will resign. He cited a trend in history: when Trump won in 2016, Mary Jo White, then-SEC chair at the time, resigned, and upon Biden's victory

When Donald Trump clinched victory in the U.S. presidential election, the world of cryptocurrency lit up significantly. Apart from Elon Musk, one of the biggest winners of the night was Binance founder Changpeng Zhao, better known as CZ.

Klippsten warns that relaxed regulations under Trump could trigger a chaotic altcoin surge, drawing liquidity away from Bitcoin.

President-elect Trump is in the process of making nominations to fill out his Cabinet, and betting markets have identified a clear front-runner for the Treasury secretary role.

Derivative products tied to the new index will not be available to users in the United States, United Kingdom, or Canada.

Binance Chain has secured a $10 million investment in cloud service credits from Google Cloud to bolster the development of projects within its Most Valuable Builder (MVB) Program. This collaboration will accelerate the progress of over 40 projects by providing resources necessary for growth in key technology areas like artificial intelligence (AI) and cloud computing.

Coinbase has unveiled the Coinbase 50 Index (COIN50), a benchmark representing the top 50 digital assets listed on the exchange. The post Coinbase Launches S&P 500 for Crypto: the COIN50 Index appeared first on Cryptonews.

Robinhood (NASDAQ:HOOD) CEO Vlad Tenev on Tuesday emphasized that operating a cryptocurrency business is significantly more cost-effective than running traditional financial services, providing a substantial advantage that he described as “undeniable.” What Happened: "It costs us roughly an order of magnitude less to operate a cryptocurrency business and offer the exchange of assets than it does on the TradFi side,” Tenev said in an interview with CNBC, highlighting the operational efficiencies that crypto brings compared to traditional finance.

American households considered "underbanked" -- or who rely on services like check cashing and payday loans to meet their financial needs -- are more likely to hold cryptocurrencies than households with better access to the traditional banking system, according to a government report released Tuesday.

DeFi Llama is the latest victim of a spoofing link. The data service warns against using top links from Google, as malicious activity has been noticed.

Donald Trump gained a historic win in the 2024 US Elections on November 6, but it might become more historic for the crypto industry as the investors are excited to see Trump's pro-crypto promises turn into reality. Since the beginning of the year, Trump has embraced crypto and promised to implement the much-needed crypto regulation.

Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system.

Publicly traded company Coinbase has launched an equivalent of the crypto market's S&P 500 Index. Dubbed Coinbase 50 (COIN50) Index, this new product represents the top 50 digital assets listed on its exchange that meet the index's fundamental criteria for inclusion.

Animoca Brands leads OKX Ventures, Kingsway Capital and other participants to raise additional funding for Mocaverse.

Uniswap Labs' Unichain project faces criticism for abruptly disabling public RPC access after a security leak.

TL;DR Coinbase launches the Coinbase 50 Index (COIN50), an index to track the performance of major cryptocurrencies. The index is comprised of the top 50 digital assets and is based on a rigorous and reliable methodology. Eligible users can trade COIN50 via perpetual futures on Coinbase Advanced and Coinbase International Exchange.

Bitcoin's surge to record highs has increased crypto billionaire fortunes by about $70 billion since late 2022, with Binance's Changpeng Zhao leading the gains.

The crypto market has surged to a staggering $3.1 trillion, nearly matching France's GDP. On November 12, Bitcoin led the charge, jumping nearly 25% in one week.

The music industry is facing a widespread issue of unpaid royalties, with millions of dollars lost due to outdated and inaccurate metadata systems.

Kraken is set to launch ATH, the native token issued by Aethir, alongside the viral meme coin Apu Apustaja. Both ATH and APU will be available for trading on Nov. 12.

After a massive bullish attack, the crypto markets are consolidating, losing over $170 million in just a few hours. The markets began to rise following Donald Trump elected to be the new president as he backed Bitcoin and the crypto space.

BetHog, a new crypto-based casino and sportsbook founded by FanDuel co-founders, has launched with $6 million in seed funding to offer innovative games and expand its global reach.

Sam Altman, the CEO of OpenAI, expressed his enthusiasm about crypto's future. He disclosed his pride in the Worldcoin team, especially co-founder Alex Blania.

CoinShares has launched the "CoinShares Crypto Puppies" campaign in Sweden to enhance crypto engagement, aiming to improve adoption rates among Swedish investors, who currently lag behind the European average in cryptocurrency participation. The post CoinShares Launches “Crypto Puppies” Education Campaign in Sweden appeared first on Cryptonews.

French blockchain analytics firm Kaiko has acquired crypto index provider Vinter, aiming to expand its presence in the European exchange-traded product market.

The team behind the Telegram game Tomarket has reversed bans for a significant number of players previously accused of cheating during airdrop allocations.

Trump's victory presents a unique opportunity to reshape regulation and ensure no future SEC Chair can hamstring the industry again. Expect pushback.

Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S.

As Scott Bessent and John Paulson emerge as leading candidates for US Treasury Secretary, the community is curious about their stance on crypto.

In an unfortunate situation, a crypto user faced investors' scariest dreams. He lost $25M worth of crypto while transferring from one wallet to the other.

The crypto lobby has made its mark on the US presidential elections.

In 2024, the NFT market faced an unexpected downturn, revealing challenging patterns as the once-booming sector struggled to maintain its momentum.